News

UK house prices rose 1.6% month-on-month in July, marking the first increase since February and the largest rise since December 201, according to the latest Halifax House Price Index.

The co-founder of a Canadian brewery has apologised after being accused of cultural appropriation for naming its New Zealand pale ale 'Huruhuru' - which unknown to him is the Māori word for pubic hair. 

Property developers Richard Black, from Collessie, and William Edmiston, from Kirkcaldy, have been banned for a total of 13 years after failing to pay tax on a land deal.

HK Construction boss Hardip Singh Khaira from Coatbridge, North Lanarkshire has been banned from running companies for nine years after he submitted false tax returns.

Employment law, HR and health & safety specialists Law At Work has recorded a 425% increase in redundancy enquiries as the potential impact of the coronavirus pandemic on Scottish unemployment begins to show. A total of 383 businesses contacted the firm to discuss the process for laying off staf

Hiring activity in Scotland continued to decline substantially in July, although the labour market downturn softened slightly compared to previous months this year, according to the latest Royal Bank of Scotland Labour Market Report.

Real estate advisor Savills has seen its profits before tax drop by 69% to £7.7 million in the first half of this year. Last year, the firm’s profits before tax were £24.7m.

Scottish Widows has invested £2 billion in a new fund from Black Rock which is expected to support the transition to a new low carbon economy. The pensions provider has allocated £2bn of its pension portfolios in the newly launched Authorised Contractual Scheme (ACS) Climate Transit

A merger between two suppliers of retail investment platform solutions has been provisionally blocked by the Competition and Markets Authority (CMA) as it could be anti-competitive. FNZ purchased GBST in November 2019. According to the CMA, their merger could lead to UK consumers who rely

The number of jobs being advertised in Scotland fell by 53.4% in July, according to the latest job market data from CV-Library. 

The UK economic decline caused by the coronavirus pandemic will be less severe than first anticipated, however, recovery will also take longer, according to the latest data from the Bank of England (BoE). The bank currently expects the UK's economy to shrink by 9.5% this year. While this contraction

Twenty-three Scottish SMEs are set to benefit from an £18 million-a-year contract to offer demolition and deconstruction services to all local authorities and housing associations.

Metro Bank has posted a pre-tax loss of £240.6 million in the first six months of this year. The loss is a dramatic drop from the bank’s £3.4m profit reported for the same period last year.

Alex Metcalfe, head of public sector policy in the professional insights team at the Association of Chartered Certified Accountants (ACCA) has taken on a wide-ranging role at the global professional accountancy body, becoming its global head of public sector. The new role involves leading on ACCA&rs

The Financial Conduct Authority (FCA) has today published the findings of a review into relending by firms that offer high-cost credit. The review, which was completed prior to the coronavirus pandemic, highlights concerns about poor practices by some firms and notes that nearly half of consume