News

The annual house price appreciation in Glasgow and west of Scotland has remained positive for six consecutive quarters, the longest growth stretch since 2008, according to the most recent quarterly report from the Glasgow Solicitors Property Centre. According to data based on GSPC sales, annual hous

Jeremy Lawson New research from Edinburgh-based Standard Life Investments suggests that the biggest threat to the global economy is currently China.

A Scots businessman has been banned from running a company for more than a decade after submitting false VAT returns and taking money out of his payroll and employment agency company to which he was not entitled. Former lawyer David Allen’s firm went bust with debts of more than £43 million in 20

James Leigh-Pemberton UK Financial Investments, the body charged with managing the UK Government’s stake in the bailed-out banks, has revealed plans to raise £25 billion by off-loading three-quarters of the taxpayer’s near-80 per cent stake in Royal Bank of Scotland over the next five years.

The North Sea oil and gas industry was left disappointed by Chancellor George Osborne's Budget announcement yesterday with some accusing him of “tinkering around the edges” of the beleaguered sector. Mr Osborne chose not to offer any new Budget incentives designed to kickstart languishing explor

While George Osborne announced in his Summer Budget yesterday that he was giving the United Kingdom a pay rise by increasing the national minimum wage, there was widespread anger that the capping of public sector wage rises at just one per cent a year until the end of the decade had effectively hand

George Osborne Yesterday’s Summer Budget announcement was a mixed bag for bankers after Chancellor George Osborne announced that the government will “gradually” reduce the bank levy over the next six years, only to go to say that an 8 per cent bank surcharge on profits is to be introduced from

Regulators confirm strict new rules for senior bankers Martin Wheatley

Court of Session, Edinburgh. The UK taxman’s appeal over the original decision in the so-called Rangers "big tax case" has begun being heard by three senior judges.

Barry McKeown Maclay Murray & Spens LLP (MMS) has become the new host partner of the Edinburgh Ethical Finance Roundtable series, following a year in which the firm acted on more than £200 million of Shariah-compliant real estate activity in the UK.

Murray Shaw Lawyers Gillespie Macandrew LLP have confirmed a 2 per cent increase in turnover to £9.8 million in the year to 28 February 2015.

A Department for Work and Pensions adviser has been jailed after admitting to a £33,000 decade-long benefits fraud. Avril Murray, who worked at the DWP’s Dundee call centre, claimed she was a single mother while fraudulently raking in thousands for years.

L-R: Johnny Griffiths, Iain Steele and Craig Martin. Four Scottish accountants from BDO put their counting skills to different use by successfully completing the Five Peaks High Five Challenge last week to raise funds for the children’s rugby charity, Wooden Spoon.

The Royal Bank of Scotland’s wealth management and private banking business, Adam & Company, has reported annual operating profits of almost £23 million for last year, up £5 million on 2013. Latest results for the firm, which was founded in the Edinburgh in 1983, also showed the return on eq

John McFarlane Barclays chairman John McFarlane has taken over as the bank’s new chief executive after Antony Jenkins was sensationally sacked this morning.