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Martin Gilbert, co-founder of Aberdeen Asset Management and former Standard Life Aberdeen chief executive, has been linked to a new role at banking challenger Revolut. According to reports in The Financial Times, Mr Gilbert, who shared chief executive duties with Keith Skeoch at SLA after AAM’

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The average price of a property in Scotland in May 2019 increased by 2.8 per cent on the previous year to reach £152,801, the UK House Price Index (HPI) has shown. Comparing with the previous month, house prices in Scotland rose by 1.2 per cent between April 2019 and May 2019.

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Edinburgh-based wealth manager Brooks Macdonald has announced it has signed an agreement to lease a new London office at 21 Lombard Street. The lease is for six years with relocation to the new premises in the second half of the Group’s financial year ending June 2020.

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In the five weeks 26 May – 29 June 2019 Scottish sales decreased by 3.1 per cent on a like-for-like basis compared with June 2018, when they had increased by 2.0 per cent. This is below the 3-month average decrease of 1.0 per cent.

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Edinburgh’s Cameron Toll shopping centre has been sold in £38 million deal backed by funding from Royal Bank of Scotland. The transaction sees Franklin Templeton Investments acquire the site which has spaces taken up by Aldi, Argos, Boots and Sainsbury’s.

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Cumbernauld-based Irn-Bru maker AG Barr's share price fell sharply yesterday after the company issued a profit warning. The firm said it expected sales to drop by 10 per cent and profits by up to 20 per cent as they struggle against a strong year in 2018.

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A new 5-star hotel, bringing 65 new jobs to the city, has opened in Inverness in a development supported by £4.5 million of funding from Barclays. The 47-bedroom Ness Walk is the latest addition to Kingsmills Hotel Group’s portfolio.

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The Association of Chartered Certified Accountants (ACCA) has reported that 125,000 students around the world entered its latest exam sitting held in June, in which almost 160,000 exams were taken and 4,923 students completed their final exams to become ACCA affiliates.

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