News

Mark Carney Bank of England governor Mark Carney will appear before MPs today for the first time since the general election in May.

Manufacturing firms based in Scotland are at less risk of insolvency than manufacturers based south of the border, according to new analysis. A report published by insolvency trade body R3 shows the proportion of Scottish manufacturers with a heightened risk of insolvency falling in every month sinc

The Royal Bank of Scotland has successfully sold the freehold of its Aldgate Union office in London for £132 million. The eight-storey office block was put on the market late last year with a guide price of £85 million, but the price was driven up by demand from commercial and residential develope

Prime Minister David Cameron The UK government will today introduce an amendment to the Charities Bill which will tighten rules on how professional fundraisers approach vulnerable people.

Mark Harvey, partner and market leader at EY Scotland Seven partners and three associate partners have joined the Scottish operation of accountancy giant EY, taking its partner count across four Scots offices to 32.

The replacement of the bank levy with an eight per cent profits tax will have a substantial impact on the sale of Clydesdale Bank, according to a Commonwealth Bank of Australia (CBA) analyst. National Australia Bank (NAB), owner of Clydesdale Bank, plans to demerge the Glasgow-based institution, han

Jo Armstrong Business economist and public finance expert Jo Armstrong has been appointed to the board of Wheatley Group.

Scotland's private sector continued to grow in June and the Scottish economy is making a "moderate recovery" from slowdown in the first quarter, according to a new Bank of Scotland report. However, the growth is focussed on the services sector rather than manufacturing.

Business confidence in Scotland fell among the backdrop of uncertainty in the Greek and Chinese markets, according to accountants and business advisers BDO LLP. BDO's monthly Optimism Index has dropped to its lowest level - 103.9 - since November 2014, reflecting concerns that the crisis in Greece a

Barclays has offered £250 in compensation to around 2,000 customers whose personal information was found on a USB stick recovered from a flat in England. The data theft was discovered last February.

Average rents in Scotland reached a new peak in May, according to the latest Scotland Buy-to-Let Index from Your Move. The report by one of Scotland’s largest lettings agent networks said the average Scottish rent reached an all-time high of £544 in May 2015, an increase of 1 per cent on the prev

More than £13.2 million in council tax payments went unpaid to Glasgow City Council in the 2014/15 financial year, according to new figures. However, the data emerged in the same year that the local authority’s collection rate for the tax reached an all-time high.

Jon Meeten Chancellor of the Exchequer George Osborne yesterday promised to arm stretched HMRC tax investigators with a £800 million warchest of extra funding over the next five years to combat tax evasion and non-compliance.

The futures of 900 workers at a major north-east employer were plunged into uncertainty yesterday after fish processing giant Young’s Seafoods unveiled plans to axe three of its factories. According to reports, the means jobs at the Fraserburgh-based company’s plants, as well as a smoking facili

Goals Soccer Centre, Los Angeles, California. East Kilbride-based five-a-side football venue specialist Goals Soccer Centres has said its ambitious American expansion plans are progressing strongly.