News

MSPs on the Delegated Powers and Law Reform committee have recommended that the Bankruptcy (Scotland) Bill should proceed as a consolidation bill, in a report published today. The Bankruptcy (Scotland) Bill is what is known as a consolidation bill and it is the first such bill to be referred to this

The number of domestic tourist visits to Scotland jumped nine per cent, to around 12.9 million, in the year to the end of September 2015. The Great Britain Tourism Survey published today also shows that expenditure on domestic tourism visits - visitors from Scotland, England and Wales staying for at

Tony Barrell, Mike Jervis and Rob Hunt of PwC have been appointed as joint administrators of discount shoe retailer’s Brantano (UK) Limited. Brantano operates 140 stores and 60 concessions across the UK employing around 2,000 staff, 23 of the retailer’s outlets are in Scotland and employ just un

Frontline services for Edinburgh’s vulnerable, older and younger residents will be prioritised in the City of Edinburgh Council’s 2016/17 budget which was unveiled yesterday as the authority attempts to address a £126 million budget shortfall over the next four years. The £950m budget, the fir

Scotland was the only part of the UK to experience a fall in both occupancy and revenue during October according to the latest report by accountants and business advisers, BDO. The firm’s monthly hotel survey found that year-on-year occupancy in Scotland fell 5.6 per cent to 81.0 per cent and reve

  Lucy Carroll

As the Private Housing (Tenancies) (Scotland) Bill continues to pass through the Scottish Parliament, which includes calls for caps in ‘rent pressure zones’, the market continues to ease with the latest Citylets Quarterly Report showing that average rents have fallen again, now at £747 per mont

Alan Davis Alan Davis (51) has been appointed chairman of Henderson Loggie, the Scottish business services and accounting firm with offices in Dundee, Edinburgh, Glasgow and Aberdeen.

The Financial Reporting Council’s Conduct Committee has today instructed its Executive Counsel to launch a fresh preliminary investigation into the conduct of KPMG in its role as auditor of HBOS prior to the group's collapse and subsequent £25 billion taxpayer bailout. The probe will invoke the F

James Paterson Mid tier accountancy firm BDO has expanded its Scottish tax team with the transfer of James Paterson from its London to its Edinburgh office.

West of Scotland bus firm McGill's has completed the acquisition of Lanarkshire operator Nairn Coaches for an undisclosed sum. Greenock-based McGill’s, Scotland’s largest privately-owned public transport operator, said the deal includes the stage carriage routes and vehicles of Coatbridge-based

James Bilefield Perth-based transport giant Stagecoach has announced the appointment of digital entrepreneur James Bilefield as a non-executive director.

Aberdeen Asset Management and Royal Bank of Scotland have successfully completed a new medium-term £145 million debt facility for the wealth manager's Airport Industrial Property Unit Trust (AIPUT). Founded 15 years ago, Aberdeen-managed AIPUT is a £550 UK commercial vehicle focused on investing i

More than £160 million of new funding will be targeted in 2016/17 on home ownership schemes to support 5000 households to buy their own home, the Scottish Government said today. More than £80m will go to the established Open Market Shared Equity Scheme (OMSE) helping up to 2,000 eligible first-tim

Latest estimates from the Council of Mortgage Lenders show that gross mortgage lending reached £19.9 billion in December. The figure is 3 per cent lower than November (£20.5 billion), but 23 per cent higher than December 2014 (£16.2 billion).