News

House prices across Scotland rose by 8.8% on average throughout 2021, more than the UK average of 6.2%, according to the latest figures released by Bank of Scotland. The average Scottish home now costs £207,778, an increase of £16,761 on 2020’s figure of £191,017.

RSM UK in Scotland has advised on over 30 deals this year, with a combined value of over £400 million. This equates to a 75% uplift in value when compared to last year and an increase of 228% when compared with pre-pandemic levels.

In a bid to boost buying power and help UK homeowners into their ‘forever homes’ sooner, Habito, the digital mortgage broker, lender and home buying service, has announced enhanced lending criteria of its fixed-for-life Habito One mortgage.

Kevin Ellis, the UK chair and senior partner at Big Four firm PwC UK, has said that criticism of the accountancy sector from MPs and regulators is hindering the sector's ability to recruit new staff. In an interview with the Financial Times in late December, Mr Ellis highlighted that retaining quali

Brown Shipley, a Quintet Private Bank, has appointed Kenny Cummings as a financial planner, based in Edinburgh, bolstering its wealth planning team in Scotland. Mr Cummings will report to Matt Hoyne, head of the Edinburgh office and work with Rebecca Williams, head of wealth planning in the UK.

High street banks in the UK have started to track customers' 'walking style' in an effort to counter fraud.

Supply chain disruption, inflation and interest rate rises are the key concerns in 2022 for the fund managers which select stocks for Dundee-based Alliance Trust’s global equity portfolio. The measure of any portfolio’s strength, however, is in how it is set up to deal with these challen

Scotgold Resources, the gold exploration and production company focused on Scotland has announced that its Coconish mine could operate for a further 18 years. In the company's final results issued this week, CEO Phil Day said that the previous mine life expectancy was 8.5 years, however, he revealed

The Scottish Retail Consortium (SRC) has called for further aid for the retail industry as it published a written response to the Scottish Government’s Budget held earlier this month.

Supporting local businesses continues to be a focus for the City of Edinburgh Council’s Business Gateway service as a new Retail: Recover & Grow Programme is launched to support the Capital’s retail community as challenges continue to arise from the pandemic.

Valneva SE, a specialty vaccine company, has announced that it is in advanced discussions with Scottish Enterprise for a £20 million grant which will enable it to fully complete its strategic manufacturing site in Livingston. Following the termination of the supply agreement with the UK Govern

Almost half (45%) of British firms have reported difficulties adapting to changes in rules for buying or selling goods brought about by the UK-EU Trade and Cooperation Agreement (TCA).

Eilidh Mactaggart, the chief executive of the Scottish National Investment Bank (SNIB) has been awarded a bonus of almost £40,000. Ms Mactaggart joined SNIB in November last year but has only held the position of chief executive for four months.

RSM UK, the UK's seventh-largest accountancy firm, paid out extra bonuses to its staff last year as it benefitted from a rise in revenue and profits after nabbing audit customers from its Big Four rivals. Bosses at RSM were concerned at the beginning of the COVID-19 pandemic but revealed that by the

As Scottish Financial News publishes the last edition of 2021 today, we round up what has caught the attention of our readers over the last 12 months.