News

Edinburgh-based banking giant Lloyds Banking Group is expected to reveal this week that its pension scheme, one of the biggest in the country with about 275,000 members, has slipped into deficit.

Anthony Browne Major international banks, most of which have their European headquarters in the UK, are set for a mass exodus from Britain in early 2017 as a result of Brexit uncertainty, according to the British Bankers Association.

One Lochrin Square Take-up of Edinburgh office space remained robust in Q3 2016, despite the uncertainty caused by Britain’s decision to leave the European Union, according to analysis from independent real estate consultancy Knight Frank.

Begbies Traynor have been appointed liquidators at a small Aberdeen firm that specialised in installing decks on oil rigs and supply boats.

Keith Brown More than 20,000 Scottish businesses are set to benefit from a £60 million investment, with EU money being used to grow Scotland’s small and medium-sized enterprises (SMEs).

Frank Morton By Frank Morton, Director of Wealth Services at AAB Wealth

Ken Patullo Scottish firms saw levels of ‘critical’ business distress, the most serious signs that indicate the early onset of financial problems, fall ahead of the UK average in the last three months, according to data released today by business rescue and recovery specialist Begbies Traynor.

Despite the weak pound providing an incentive to overseas buyers, the UK’s attractiveness as a destination for cross-border M&A has fallen, according to EY’s 15th Global Capital Confidence Barometer.

The Court of Session has refused an appeal by the Scotch Whisky Association (SWA) against the court's decision to refuse a judicial review of legislation introducing a minimum unit pricing (MUP) on alcohol.

House prices in Scotland continued to push up in August as two thirds of local authorities witnessed increases, according to the latest Your Move/Acadata House Price data.

The Scottish construction sector is experiencing post-EU referendum stagnation as financial constraints and lack of investment continue to weigh on growth, according to a new survey.

Scottish Enterprise has revealed that its investment arm, the Scottish Investment Bank (SIB), invested £52.4 million into 133 Scottish companies during 2015-16, supporting growth companies at various stages, from seed through to those scaling up for international expansion.

Grant Thornton is to invest in Aberdeen as it explores growth opportunities in the north east of Scotland.

The number of debt decrees recorded against businesses in Scotland during the third quarter of the year fell to the lowest level on record, according to figures released today by Registry Trust.

The City of London Corporation has today published a report produced by PwC outlining for debate how elements of immigration policy could be devolved so that visas for non UK nationals could be tailored to meet the needs of local business. The report sets out how such a system could work in practice