News



£1m+ residential market lagged in 2014 but already recovering -Rettie

Last year saw a 6 per cent rise in £1m property transactions in Scotland, according to Edinburgh estate agents Rettie & Co.

Published 24 April 2015

Scotmid profits hit £5.5m but boss remains cautious

Scotland’s largest independent co-operative, Scotmid, has announced a £1m rise in operating profits today, reaching £5.5m for the year ending 31 January.

Published 24 April 2015

Scots are ‘£12 better off a week’ as cost of living falls but pensioners still struggle

A supermarket price war and low fuel costs have left the average Scot £12 a week better off compared to this time last year as the UK continues to enjoy “no-flation”, according to latest figures.

Published 24 April 2015

BDO identifies evolution of the legal C-suite

The global financial crisis has put risk management at the top of agenda for law firm bosses and the next five years will see a radical departure from the traditional law firm C-suites, according to a new report from accountancy and advisory firm BDO.

Published 24 April 2015

Scots colleges face demands to release £100m of “stashed cash”

Almost £100 million of cash “squirrelled away” by Scottish colleges into “foundations” after a change in accounting rules has been targeted by teaching unions and student leaders who claim the cash could be put to “better use” as cuts ravage higher education.

Published 24 April 2015

Irn Bru boss pay rises to hit nearly £1.1m

The chief executive of Irn Bru makers AG Barr was paid almost £1.1 million last year after increases in his annual and long term bonuses.

Published 24 April 2015

First minister Sturgeon intervenes to have say on Alliance Trust board battle

First Minister Nicola Sturgeon has taken the unusual step of writing to Alliance Trust chief executive Katherine Garratt-Cox to offer her backing for the current board’s position in resisting an assault by a US hedge fund to impose three new directors at the Dundee-based wealth manager.

Published 24 April 2015

Business Briefs -April 23

The Council of Mortgage Lenders has reported gross mortgage lending reached £16.5 billion in March - a 12 per cent decrease from the last three months of 2014, and a 3 per cent decrease on the first quarter of 2014.

Published 23 April 2015

Belfry Owner pitches £150m offer for Gleneagles

The owner of The Belfry has made a formal offer to buy Gleneagles that values the iconic Perthshire golfing destination at more than £150m.

Published 23 April 2015

Sin Bin: Scots VAT fraudster fails in bid to hold on to £1m mansion

Scottish VAT fraudster Michael Voudouri’s has been frustrated in his attempt to hold on to his £1 million Stirlingshire house.

Published 23 April 2015

Labour shortages cited as biggest barrier to growth for Scottish construction firms

Scottish construction firms are still being prevented from growth because of persistent difficulties in sourcing skilled workers, a survey has found.

Published 23 April 2015

Aberdeen’s diversifying ‘post-oil’ economy set to benefit city’s hotel market -CBRE

A Granite City with a more diverse economy in the wake of the plunge in oil prices may make the Aberdeen hotel market more attractive to investors, according to property consults CBRE.

Published 23 April 2015

BrewDog targets £25m crowdfund target in UK’s biggest ever drive

Crowdfunding pioneer and Scotland’s largest independent brewer, Brewdog, has announced that it has embarked on the largest ever equity crowdfunding drive attempted  in the UK in a bid to raise £25 million.

Published 23 April 2015

18,000 current account customers in Scots bank exodus

New rules making it easier for people to switch their current accounts to other banks has hit two of Scotland’s major lenders hard, according to new figures.

Published 23 April 2015

Standard Life Investments announces new EMD fund

Edinburgh-based Standard Life Investments has launched a fourth strategy in the suite of Emerging Market Debt (EMD) products it currently has available to retail and institutional investors.

Published 23 April 2015