News



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

Business Briefs - July 8

Regulators confirm strict new rules for senior bankers

Published 8 July 2015

Court hears HMRC’s appeal on Rangers “Big Tax” ruling

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.

Published 8 July 2015

MMS looks to cement its position as leading Shariah-compliant dealmaker

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.

Published 8 July 2015

Gillespie Macandrew announces 2014/15 financial results

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

Published 8 July 2015

Sin Bin: Scots DWP Tax Credit adviser jailed over £33,000 benefits scam

A Department for Work and Pensions adviser has been jailed after admitting to a £33,000 decade-long benefits fraud.

Published 8 July 2015

BDO suits complete five peaks high five charity challenge

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.

Published 8 July 2015

Adam & Co welcomes soaring profits - and new city rival

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.

Published 8 July 2015