News

Braveheart leaves Perth

Braveheart leaves Perth

AIM-listed Braveheart Investment Group has announced that it is to relocate its headquarters from Perth to Barnsley in South Yorkshire. The move brings to an end the firm’s decade-long presence on the Fair City’s Dundee Road after it was revealed that its Scottish activity had “diminished”. Braveheart, which was formed in 1997 and listed on […]

85 per cent increase in Aberdeen office space take-up

85 per cent increase in Aberdeen office space take-up

According to the latest figures from property consultancy CBRE Scotland, take-up of office space in Aberdeen in 2017 has been recorded at 405,000 sq ft, representing an 85 per cent increase from 2016. Derren McRae, managing director of CBRE’s Aberdeen office, said:  “There certainly appears to be an improved level of positivity since returning to our […]

Branch closures will save less than cost of rugby sponsorship but RBS refuses to budge

Branch closures will save less than cost of rugby sponsorship but RBS refuses to budge

Royal Bank of Scotland executives have rejected calls from MPs to reconsider its plan to shut 62 branches in Scotland, despite being hauled up before the House of Commons Scottish Affairs Committee yesterday to explain their actions. Some 13 rural communities are set to be left with no bank at all following the planned closures. […]

Line-up for £10m South of Scotland economic development partnership announced

Line-up for £10m South of Scotland economic development partnership announced

The Scottish Government has revealed the public and private sector partners who will make up the South of Scotland Economic Partnership, which will pave the way for a dedicated enterprise agency for the region, supported by funding announced in last month’s Budget. The new partnership has been launched to devise a fresh approach to economic development […]

Tax expert condemns increasing length of HMRC investigations

Tax expert condemns increasing length of HMRC investigations

One of the UK’s leading tax experts today weighed into the debate emerging from news that HMRC investigations into large companies have increased in length over the last financial year. David Redfern, an expert in tax preparation and founder of Nottingham firm DSR Tax Claims, highlighted the negative impact and financial uncertainty that prolonged HMRC investigations can have […]

Regulator threat sees Bitcoin value plunge

Regulator threat sees Bitcoin value plunge

The prospect of a regulatory crackdown on cryptocurrencies has seen the value of Bitcoin tumble to $9,958 (£7,222) before making a slight recovery, according to the price index run by the news site Coindesk. The fall represents a drop of nearly 50 per cent since it peaked close to $19,800 five weeks ago. However, it remains […]

2017 sees highest number of Scottish homemovers in nine years

2017 sees highest number of Scottish homemovers in nine years

The number of people moving home in Scotland is at its highest level since the financial crash of 2008. The number of homemovers – current homeowners moving house – across Scotland increased by 8 per cent to 25,500 in the past year, according to the Bank of Scotland Homemover Review. The bank said the increase […]

RBS “community banker” plans branded a “slap in the face” as executives face Westminster grilling

RBS “community banker” plans branded a “slap in the face” as executives face Westminster grilling

Politicians, business leaders and unions have this week united in their fury against Royal Bank of Scotland’s programme of brutal branch culling as the pressure builds on the majority state-owned bank over the affair. Today, Scotland’s SNP government described the decision by RBS bosses to replace 62 axed Scottish branches with just seven “community bankers” as […]

Royal Bank undermined Carillion rescue efforts, claims defunct firm’s interim boss

Royal Bank undermined Carillion rescue efforts, claims defunct firm’s interim boss

Royal Bank of Scotland bosses “undermined” Carillion’s efforts to avoid collapse, a witness statement filed at the High Court in London has revealed. The huge construction firm went into liquidation earlier this week after collapsing under a mountain of debt. A last-ditch plea from Carillion to the government to provide it with a £20 million […]

First Barclays Eagle Lab lands in Scotland to boost scale-up support

First Barclays Eagle Lab lands in Scotland to boost scale-up support

Barclays has opened the doors to Scotland’s first Eagle Lab, in Edinburgh, in partnership with technology incubator, CodeBase. The bank said the investment will provide a new space for businesses and communities to learn about innovative technologies and boost digital skills, while supporting job creation in the local economy. The tech-infused space is packed full of cutting-edge […]