News



HSBC announces u-turn on staff pay freeze

Banking giant HSBC, which employs more than 3700 people in Scotland, has made a U-turn on plans to freeze staff pay.

Published 12 February 2016

MSPs back tax on second homes

Published 12 February 2016

North Sea downturn continues to stall Aberdeen Airport numbers as Glasgow and Edinburgh maintain ascent

Aberdeen International Airport (AIA) suffered a near-17 per cent fall in passenger numbers in January as reduced offshore helicopter business continued to hit the terminal.

Published 12 February 2016

Lowest arrears rate for more than a decade

Fewer than one in 1,000 mortgages ended in repossession in 2015, according to the latest update from the Council of Mortgage Lenders.

Published 12 February 2016

Cornerstone strengthens Edinburgh office with quartet of hires

Cornerstone Asset Management has announced four key appointments at its Edinburgh office.

Published 12 February 2016

Entrepreneurs set up shop in RBS HQ

Royal Bank of Scotland has opened the doors of a new ‘Entrepreneurial Centre’ at its global headquarters at Gogarburn just outside Edinburgh.

Published 12 February 2016

Glasgow Uni economist says Scottish economy now showing ‘signs of distress’

New data published by the Scottish Government’s chief statistician has prompted one of the county's leading financial experts to claim Scotland’s economy has begun to show “worrying signs of distress”.

Published 11 February 2016

Mazars’ Scottish fee income soars

International accountancy firm Mazars has reported a 24 per cent jump in fee income from its Scottish operations.

Published 11 February 2016

Shortage of homes pushing Scottish house prices up as demand pauses in January -RICS

The Scottish housing market saw a flatter demand trend but continued price growth during January, according to the latest RICS UK Residential Market Survey.

Published 11 February 2016

Edinburgh property market continues to prosper - CKD Galbraith

The Edinburgh property market continues to prosper, according to latest figures released by estate agent CKD Galbraith.

Published 11 February 2016

Royal London increases life and pensions business by 40 per cent as boss backs calls to reform tax relief rules

Phil Loney, chief executive of Royal London, the mutual which employs 1,100 in Scotland, has spoken out in support of calls for pensions tax relief to be limited for higher earners.

Published 11 February 2016

Ukrainian tax-dodge ‘shell firms’ registered at Scottish Enterprise building

A company selling so-called ‘phantom firms’ to help Eastern Europeans avoid taxes is registering its ‘shell companies’ at an Edinburgh building owned by tax-payer funded Scottish Enterprise, it has emerged.

Published 11 February 2016

RBS set to alight from £3bn shipping loan book

Royal Bank of Scotland is set to take a further step as part of it strategy retreat from the global stage after calling in advisers to pilot the sale of a £3bn shipping finance operation.

Published 11 February 2016

Dundee leads the way as Scottish start-up numbers soar

Last year saw an 8.8 per cent rise in the number of new Scottish company registrations, bringing the total number of businesses in the country to a record high.

Published 11 February 2016