News

Scotland’s corporate dealmakers are optimistic about the prospect of heightened mergers and acquisitions activity over the next 12 months, according to a new survey carried out by professional services firm, KPMG. KPMG surveyed some of the country’s leading dealmaking professionals at its M&

Edinburgh-based Standard Life Investments has reached the maximum equity target it set for its second European Real Estate Club. The global asset manager, which is one of the largest real estate investors in Europe, has completed its final close on the fund, raising over €391 million of equity fro

Glasgow-based Clydesdale Bank is to sink £300 million into bolstering its operations ahead of its stock market flotation in the spring. Parent firm National Australia Bank is offering 25 per cent of CYBG -as it will be named for the float - to institutions, with the remainder retained by NAB invest

Andy Hornby Renewed pressure has been turned up on the Bank of England and other regulators to take action against senior HBOS executives after the author of one report into the near collapse of the bank said his investigation had been too narrow.

Danny O'Neill Ediston Real Estate, one of Scotland’s most active property investment, development and asset management companies has launched a new housebuilding brand, Ediston Homes, with its first major project already underway in Edinburgh.

High Court Edinburgh Two men jailed for a total of ten years after extortion of £60,000 and attempting to extort £375,000 more from a Fife property developer.

Marco Biagi The Commission on Local Tax Reform today published Just Change: A New Approach to Local Taxation.

Latest data from one of the UK’s biggest mortgage lenders has shown UK house prices fell by 0.2 per cent between October and November. According to the latest Halifax house price index published this week, the average price of a UK home was £204,552 in November.

Royal Bank of Scotland (RBS) has had to contact thousands of its customers to apologise for incorrectly blocking them from their own accounts. The still 73 per cent state-owned lender told about 4,500 customers them they did not have dormant accounts with the lender after they tried to retrieve cash

UK taxpayers can start managing their tax affairs online after the formal launch of personal accounts by HM Revenue and Customs (HMRC). By mid-December more than a million taxpayers completing their self-assessment will have been directed to their online personal tax account, HMRC said as it set out

November saw footfall numbers in Scotland were down 4.2 per cent year-on-year, and significantly down on the 0.6 per cent fall registered in October. The Scottish Retail Consortium (SRC) attributed the worst footfall performance since January 2013, wcich was also well below the three-month average r

John Swinney Finance secretary John Swinney has warned Scotland faces “tough choices” in the wake of UK austerity, ahead of the Scottish Government’s Budget on Wednesday.

For the second time in three months, business activity in Scotland’s private sector contracted during November as a result of a downturn in the oil and gas industry. According to the latest Bank of Scotland purchasing managers index (PMI), a fall was also indicated in incoming new orders, with pan

Developers have submitted plans for the first phase of a £700 million new district which will see a business park complete with homes, offices and shops built at Edinburgh Airport.

Standard Life Investments is to stop all trail commission paid to advisers across its UK Mutual Funds range. The move has been branded “scandalous” and “obscene”, by some advisers.