News

Gross mortgage borrowing of £13.6 billion in January was 38 per cent higher than a year ago and the highest since mid-2008, according to latest data from the British Bankers Association. The number of mortgage approvals in January was 33 per cent higher than a year ago, with remortgaging up 42 perc

Rents in parts of Scotland have soared by more than six per cent in the past year, the fastest rise on record. The latest Scotland buy-to-let index from Your Move has found that average monthly rent in Edinburgh and the Lothians increased by £38 (6.4 per cent) to £642 in January compared to the pr

Independent Scottish law firm bto solicitors is urging businesses to comply with important slavery legislation as they approach the end of their financial year, or face an unlimited fine. Businesses that supply goods and services and have an annual turnover of £36m or more (including turnover of an

The Scottish Property Federation (SPF) has welcomed the Scottish Government’s decision to exempt transactions of six or more homes from the additional 3 per cent LBTT surcharge. The SPF advocated such an exemption in its written and oral evidence to the Finance Committee, in order to support large

Life and pensions group Scottish Widows has insisted it remains committed to Edinburgh after transferring billions of pounds of its life insurance business to London. The insurer also said there will be no impact on customers from its decision to move some of its business to the UK capital.

Nicola Sturgeon and John Swinney A historic deal has been struck between Holyrood and Westminster to deliver new powers over tax and welfare to the Scottish Parliament, in line with pledges made during the independence referendum.

Andrew Brown An Employment Appeal Tribunal has ruled employees’ commission should be factored into holiday pay.

(L-R): David Allan and Alan Stewart

New figures providing better insight into gambling behaviour in Britain have been published by the Gambling Commission. Accompanied by easily digestible infographics the reports cover participation in gambling, perceptions of gambling and rates of problem gambling.

Archangels, the Scottish business angel syndicate which has been at the forefront of early stage investing in the country for over two decades, has revealed today that last year saw total investment capital pass the £200m mark for the first time since its inception in 1992. Over 150 investors and e

The Scottish Salmon Company has reported that revenues for the final three months of 2015 were £23.9m, down on the £30.8m recorded for the same period in 2014. Harvested volumes for the quarter stood at 6,059 tonnes compared with 7,373 tonnes in 2014.

Edinburgh-based private equity investor, Dunedin Enterprise Investment Trust, has made a 180 per cent return after selling its original investment in same day courier service CitySprint. Since investing £33.1 million in 2010, the firm has helped CitySprint make 21 acquisitions, creating a nationwid

Zenga Lawrie Campbell Dallas has appointed Zenga Lawrie, an expert in international trading, particularly in the oil and gas sector, as a new director based in the firm’s Aberdeen office.

Edinburgh-based insurer Aegon UK has reported underlying pre-tax earnings of £19 million for the fourth quarter of 2015 – in line with the previous three-month period but down 17 per cent on a year earlier. Fee revenues fell 10 per cent year-on-year to £98m at the Dutch firm, which is based at E

KPMG has taken over at First Oil Expro after the Aberdeen-based business was placed into administration. It has since emerged that Enquest and Cairn Energy will take on the company's 15 per cent stake in the Kraken North Sea Oil field.