News

UK home-owners borrowed £10.6 billion for house purchase in July, down 13 per cent month-on-month and 12 per cent year-on-year, according too latest figures.

Professor Graeme Roy The Scottish Government should prepare for further real-term cuts of up to £1.6 billion in its resource budget by 2020-21, according to a major publication launched by the influential Fraser of Allander Institute at the University of Strathclyde Business School.

Scottish retail sales decreased by 1.9 per cent on a like-for-like basis last month compared to August 2015, when they had decreased by 2.9 per cent, according to the latest SRC-KPMG Scottish Retail Sales Monitor.

Craig Vickery News that Revenue Scotland exceeded collection targets in its first year should not make Government complacent on the importance of a radical growth strategy for Scottish business, says ACCA (the Association of Chartered Certified Accountants) Scotland.

Liz Cameron With UK inflation unchanged at 0.6 per cent in August, the Scottish Chambers of Commerce has again warned of further inflationary pressures in the months to come and called for action to address business costs.

David Mundell Unemployment in Scotland fell by 29,000 during the period between May to July and now stands at 130,000, according to new data released today.

Edinburgh-based cloud accountancy software provider FreeAgent has joined forces with a UK accounting specialist Exchequer Accountancy Services to help contractor and freelancer clients manage their business finances better.

Aberdeen Asset Management has been told by the Financial Conduct Authority to increase its capital buffers.

Glasgow-based Clydesdale Bank is to provide some welcome good news to shareholders in a “refreshed” version of the strategic plan previously outlined following its demerger and flotation earlier this year.

Charline Zerbinati RSM has announced the appointment of Charline Zerbinati as a tax director in its corporate tax practice.

The latest publication of the UK House Price Index (UK HPI) has revealed that the average price of a property in Scotland in July 2016 was £143,711.

UK-based non-doms contributed £6.57 billion in income tax in 2014/15, highlighting the significant contribution which the group makes to the UK economy, says international law firm Pinsent Masons.

The Chartered Institute of Taxation (CIOT) is boosting its presence in Scotland with the creation of a new full-time, permanent external affairs role1, in response to the devolution of additional tax powers to the Scottish Parliament and the growing profile of tax issues north of the border.

The UK’s third largest regeneration project, Dundee Waterfront, is hosting a roadshow in London on 22nd September aimed at encouraging the UK’s developer and investor communities to share in the development of the city as it moves to the crucial ‘Design and Build’ stage.

Tracey Ginn Tracey Ginn, a highly experienced California and Scots business lawyer, has joined MBM Commercial from a top 100 American law firm, Polsinelli.