News



Average Scots rents hit all-time high

Average rents in Scotland reached a new peak in May, according to the latest Scotland Buy-to-Let Index from Your Move.

Published 10 July 2015

Glaswegians owe £13m in council tax

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.

Published 10 July 2015

Budget is a major assault on tax avoidance and evasion, says KPMG

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.

Published 10 July 2015

900 Scottish jobs on the chopping block at fish giant

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.

Published 10 July 2015

Goals targets 2 million LA ‘soccer’ players as US expansion continues

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

Published 10 July 2015

Aberdeen-Houston links celebrated at Saltire Foundation Houston golf day

Senior figures from the Aberdeen and Houston oil and gas communities will be representing Scotland at the second annual Swing4Saltire Golf Fundraiser next Friday at the River Ridge Golf Course in Houston, Texas.

Published 10 July 2015

Hampden gets down to nuts and bolts with card maker deal

Hampden & Co, the brand new Edinburgh-based private bank, has appointed Norwegian IT firm Evry to provide its card services.

Published 10 July 2015

Aberdeen pushes Edinburgh into second place as Scotland’s richest city

Aberdeen is now Scotland’s richest city after overtaking Edinburgh for the first time.

Published 10 July 2015

West's house prices remain on the up -GSPC

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.

Published 9 July 2015

Never mind Greece, China is real threat to the global economy, says Standard Life Investments

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

Published 9 July 2015

Sin Bin: Scots entrepreneur hit with 11-year ban over VAT fraud

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.

Published 9 July 2015

UK Financial Investments in £25bn RBS sell-off proposals

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.

Published 9 July 2015

Budget: Measures ‘fall far short’ of what languishing North Sea industry needs

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.

Published 9 July 2015

Budget: Public sector pay rises to be capped at 1% as new minimum wage branded a “gimmick”

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 handed Scotland’s 546,800-strong workforce, including teachers, NHS staff, police and council workers, a pay cut.

Published 9 July 2015

Budget: Bank levy out, 8 per cent surcharge in

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 New Year’s Day 2016.

Published 9 July 2015