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Scots law firm Brodies LLP has expanded its top-ranked corporate & commercial team with the partner appointments of Douglas Crawford and Helen Machin, corporate finance lawyers prominent in the private equity market, and Karen Fountain, a funds specialist. Mr Crawford, one of Scotland’s best k

There has been a sharp rise in the number of Scots who borrowed money to pay for food, housing or utility bills over the past six months, according to The Financial Well-being Survey produced by Debt Advisory Centre. More than half (57 per cent) of the Scottish consumers questioned said they were fo

Scottish businesses are predicted to face further financial pressures with commercial rents expected to rise further over the next 12 months, the Royal Institution of Chartered Surveyors (RICS) warned today. The RICS UK Commercial Market Survey, Q3 2015, reveals that businesses within the office and

There were 361,345 private sector businesses operating in Scotland as at March 2015 - the highest figure since the time series began in 2000. According to Scotland’s Chief Statistician, between March 2014 and March 2015, the estimated number of businesses increased by 26,090 - representing a rise

Graham Cunning An Aberdeen-based supplier of hoses to the offshore oil and gas industry has been sold to a Swedish industrial firm in a deal worth up to £6 million.

The ‘bank of mum and dad’ has become an increasingly vital resource for today’s generation of first-time homebuyers, but it seems the once informal family agreements are now being drawn-up with strict legal constraints. According to lawyers, the benevolence of some parents starts and stops wit

Sir George Mathewson A real estate investment trust (Reit) with a heavy focus on Scottish commercial property is to be floated for the first time this week.

Perth-based investment firm Braveheart has posted a pre-tax loss of £1.04 million – 3.84p per share – for the half year to the end of September, up from a loss of £88,000 or 0.35p per share a year ago. The firm also revealed that revenue was down a third at £610,000 due to the Viking equity c

The Chairman of the new incarnation of Glasgow-based football club Rangers has said the club is moving in the right direction despite announcing a loss of £7.5m for the year ending 30 June. Dave King said the latest results do not reflect the changes implemented since the consortium he led assumed

Growth in Scotland has begun to diverge quite markedly from the UK despite being boosted by public investment in infrastructure, according to the latest Economic Commentary from the University of Strathclyde’s Fraser of Allander Institute, sponsored by PwC. While domestic demand is clearly driving

Aberdeen Asset Management, Standard Chartered’s second largest shareholder, has said it will back the bank’s $5.1billion (£3.2bn) rights issue. Shares in Standard Chartered fell sharply yesterday after the Asia-focused UK bank said it would raise $5.1bn (£3.3bn) and cut 15,000 jobs by 2018.

KPMG has taken over the running of Port of Ardersier Ltd, the owner of the former oil and gas industry fabrication yard at Ardersier, after the business was placed under administration. Port of Ardersier was granted full consent from the Scottish government in August last year to bring the site back

Statistics announced today by Scotland’s Chief Statistician in the latest Retail Sales Index for Scotland release covering the period July to October 2015, has shown that the volume of Retail Sales in Scotland increased by 1.0 per cent in the third quarter of 2015 and grew by 4.0 per cent annually

Twenty years after Amazon's website first went live -and seeming to usher in the terminal decline of the traditional bookshop - the online retail giant has now opened its very own bricks-and-mortar outlet.

Lord Justice Clerk, Lord Carloway A scheme involving payments to various trusts set up in respect of executives and footballers employed by the former Rangers Football Club amounted to “a mere redirection of emoluments or earnings” and was accordingly “subject to income tax”.