News

Royal Bank of Scotland has been hit with a $669 million (£430m) share of a $5.7 billion fine handed out by UK and US regulators to a clutch of high street banks over allegations that they rigged the $5.3 trillion-a-day foreign exchange market. The fine was agreed after the 80 per cent state-owned l

Shaun Young and Aileen Gates Independent Scottish accountancy firm Campbell Dallas has appointed Shaun Young as director of employer solutions in a move that will see the expansion of the number of services and breadth of advice the firm offers.

Fergus Ewing The number of tourists visiting Scotland rose 5 per cent to more than 15 million last year, according to new figures released by the Office for National Statistics (ONS) and the Great Britain Tourism Survey.

David Lonsdale Scottish retailers have reported a fall in sales for last month, according to new figures from the Scottish Retail Consortium (SRC).

Employers are facing thousands of potential claims for underpaid holiday pay according to accountants BDO. From 1stJuly 2015 back dated claims for underpaid holiday will be restricted to two years so it is expected that many individuals and unions will be trying to get claims in before the deadline

Aberdeen-based payroll management specialist, Activpayroll, has this week launched its own training “academy”, in partnership with the Chartered Institute of Payroll Professionals (CIPP).

Royal Bank of Scotland has been hit with a double downgrade by ratings agency Fitch. The unwelcome news for the state-owned bank follows a similar blow for fellow Scottish lender Clydesdale, which had its downgrade announced last week by the same agency.

A Post Office manager from Perth has been jailed for more than three years after admitting she embezzled more than £100,000 from the business. Sub-post office boss Carol Oswald, 53, spent the money she stole from her work, a charity and an elderly friend on internet betting.

Scottish house prices have risen at their highest annual rate for eight years, according to new figures from the Office for National Statistics. The ONS said average prices climbed by 14.6 per cent over the year to March, to hit £207,000, the largest increase since 2007.

Philip Hogg The Help to Buy (Scotland) scheme is nearly fully subscribed due to a bumper level of sales reservations leading to calls from eager homebuyers and anxious builders to provide yet more funds.

Members of the public are being invited to view the latest stage of development plans for the expansion of Aberdeen Harbour as fresh images of the expansion are revealed.

More than 6,000 tax defaulters were referred to a special HMRC monitoring unit in tax year 2014/15, up 30 per cent on the year before, in a sign that the taxman is getting much tougher on those who deliberately seek to default on their tax liabilities. The figures, published in response to a Freedom

The UK Consumer Prices Index has fallen year-on-year for first time since official records began in 1996 and marking the first year-on-year fall since 1960. According to latest Office for National Statistics data, the CPI fell by 0.1 per cent in the year to April 2015, compared to no change in the y

First time buyers are having to wait longer than planned to take their first step onto the property ladder, according to new research from Clydesdale and Yorkshire Banks. The Banks’ Annual First Time Buyers (FTB) Survey found that almost two thirds (65 per cent) had to wait longer than they hoped

Nitesh Patel Homeowners in the Shetland Isles have seen the value of their property increase by £39,311 (31 per cent) since the trough of the last housing market cycle in 2009 on the back of having the highest employment rate in Scotland, new research by Bank of Scotland has found.