News

Professor Graeme Roy The prospect of Scotland officially entering recession in contrast to the growing UK economy, hangs in the balance, experts have warned.

Vapiano will open its first restaurant in Scotland at St Andrew Square in Edinburgh having signed a 25-year lease with the Standard Life Investments Pooled Property Pension Fund.

Keith Dobson A severe shortage of new office development in Edinburgh has lead to a rise in rents on refurbished offices, expected to hit £32.50 per sq ft in Q3 2017, closing the gap between refurbished and new build rents to only £1 per sq ft, the lowest level on record.

A £60,000 loan from HSBC has supported Caithness-based HelCat Training to complete the final developments of its Thurso site.

Sandy Crombie One of Scotland’s best-known businessmen has made his first active foray into the tech scene north of the Border by signing up to a chairman role.

Nearly 10,000 people have opened a business in Scotland with the support of the New Enterprise Allowance (NEA), according to official figures.

A £700 million agreement has been reached which will see the floundering Co-operative Bank saved from going to the wall after shareholders agreed to swap their debt for a stake in the bank.

Accountancy in Bankrupty has served a winding up order to Uddingston-based Scotia Aid Sierra Leone declaring the charity bankrupt with debts of more than £1 million.

Independent Scottish law firm Gillespie Macandrew has reported an 8.4 per cent increase in turnover, worth £0.88 million in growth over the year.

David Melhuish Land and Building Transaction Tax (LBTT) revenue has fallen from April to May 2017, according to official figures released by Revenue Scotland and analysed by the Scottish Property Federation (SPF).

The impact of Artificial Intelligence (AI) across UK’s industrial and commercial activities could boost Scotland’s GDP by up to £16.7 billion by 2030, according to new research by PwC.

Rosalie Chadwick Rosalie Chadwick, partner and head of corporate finance at Pinsent Masons takes the temperature of Scotland’s IPO climate

Ray Entwistle Hampden & Co, the Edinburgh-headquartered private bank which opened in June 2015 to offer private banking facilities to high net worth clients, and their families has seen steep growth on both sides of the balance sheet.

The number of Scots saving adequately for retirement has fallen to 59 per cent down from 61 per cent last year, according to Scottish Widows.

The Bank of England has ordered Britain’s banks to add a further £11.4 billion to bolster their capital buffers over the course of the next 18 months as it warned of an increased risk posed by bad loans.