Growth in UK house prices slowed during the first half of 2015, according to the country's largest mortgage lender. However, releasing its latest figures, the Halifax said prices were still rising "robustly", with an annual pace of 7.9 per cent registered last month.
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Edinburgh-based Royal Bank of Scotland has sold a 51 per cent stake in Cairn Capital to Mediobanca. The deal includes the provision for the Italian bank to acquire the remaining 49pc of the Knightsbridge-based asset manager in three years’ time.
A new range of whiskies is being launched to mark the birth of Edinburgh Whisky Ltd, independent blenders and whisky merchants based in the capital. Themed around the city’s Old and New towns, the first to hit the shelves are ‘The Advocates Batch’ from the New Town Blends and two single malt c
Edinburgh-based Standard Life Investments has strengthened its macro investing capabilities with the appointment of Shayne Dunlap and Richard Marshall to its Absolute Return Government Bond Fund (ARGBF) team. SLI, the investment arm of insurance giant Standard Life, said both bring considerable expe
Scottish solicitors and members of the public are being warned to be on the alert for fraudulent law firms by the Law Society of Scotland after a law firm in Glasgow was targeted in an identity fraud scam. Qualified solicitors are increasingly being targeted by fraudsters using their details on fake
Charles Barnett Scottish football has finally got its finances in order according to the latest football survey by accountants and business advisers BDO.
Energy giant BP has announced plans to invest about £670m to extend the life of its North Sea assets. The news comes as a huge boost for the industry which was been under siege as a result of plummeting global oil prices.
New research from accountants KPMG has revealed that the amount of money lost in high-value fraud cases in Scotland has fallen sharply during the first half of 2015. The first six months of this year saw the total value of fraud north of the border hit £3.8m, compared with £6.2m for the same perio
Roy Smith Tilney Bestinvest, the investment and financial planning group, has announced that Roy Smith has joined the firm as director of financial planning as part of its strategic focus on expanding its financial planning team.
A new survey carried out by Edinburgh-based banking giant Lloyds Banking Group has revealed confidence levels among those paying off unsecured debt remain high, with four in five (83 per cent) of respondents feeling confident or very confident that they will meet their future repayments. The lenderâ
Accountants Baker Tilly are warning Scottish companies that import goods into the UK to prepare themselves for new customs duty arrangements which come into force next year. From 1 May 2016, the current regime will be replaced by the new European Union Customs Code.
Latest figures released today to by the Scottish Government show the value of retail sales in Scotland during the second quarter of 2015 increased by 0.8 per cent over the period between April and July.
David Frost Scotch whisky exports to Vietnam could be boosted after the European Union reached a deal in principle over a free trade agreement (FTA) with the south east Asian country.
Aberdeen Asset Management has bought US fund investor Arden Asset Management, a provider of hedge fund solutions with offices in New York and London. The deal, for an undisclosed sum, will boost Aberdeen’s hedge fund unit's assets from $2 billion to $11 billion and is in line with Aberdeen’s str
Glasgow-based Clydesdale Bank and sister brand Yorkshire have this week launched their lowest ever loan rates. Clydesdale said new and existing customers can now take an unsecured personal loan of between £7,500 and £15,000 with a rate of 3.8 per cent APR.