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Scottish people are more likely to be saving for a holiday than for a home, RBS's Savings Index has revealed.

Buccleuch, the company that controls the business interests of the Duke of Buccleuch and his family, has reported that annual profits rose massively from £5.2 million to £23.2 million in the year that proved to be the final one for the duke as chairman. The firm said that while a signifi

PwC has named Claire Reid as its first female regional leader in Scotland. She replaces Lindsay Gardiner, who is stepping down from the role after seven years.

James Dargie, who served as Scotland’s first Controller of Audit having built the Accounts Commission from scratch in just three months, has died aged 101. Mr Dargie worked for Scottish Gas before becoming chief financial officer of the Glenrothes Development Corporation after holding several

Pension Insurance Corporation (PIC), a specialist insurer of defined benefit pension funds, has invested £40 million in debt issued by Scottish Borders-based Eildon Housing Association.

International law firm Pinsent Masons has seen a seven per cent rise in global turnover and a slump in profit per equity partner (PEP). Unaudited figures for the year to 30 April, show gross profit increased by 2.5 per cent to £192.4 million while PEP fell for the first time in six years by fi

Housebuilder Barratt Developments has said that it expects annual profit to beat market forecasts after it delivered a record number of home completions and improved margins. In a trading update for the year ended June 30, the company said pre-tax profit would be around £910 million, up from &

The World Wealth Report 2019 (WWR), published this week by Capgemini, has found that after seven years of continuous growth, overall global high net worth individual (HNWI) wealth declined by 3 per cent in 2018. Largely due to a drop in wealth in the Asia-Pacific region (specifically China as fallou

Standard Life Assurance Limited has today announced it has received authorisation from The Pensions Regulator (TPR) for its two Master Trusts – the DC Master Trust Scheme and the Stanplan A scheme. Looking after over 240,000 members the Standard Life master trusts are among the biggest in

Johnston Carmichael has strengthened its leadership team with the appointment of a restructuring director. Jenn Stewart, brings 16 years of experience to her new role at the accountancy firm which forms part of Johnston Carmichael’s strategic expansion of its restructuring team&

Still more than 60 per cent state-owned Royal Bank of Scotland has announced that the completion of the merger between Alawwal bank and Saudi British Bank will make it easier to exit its investment in Alawwal. RBS acquired its interest in Alawwal after leading the disastrous £49 billion takeov

The Institute of Chartered Accountants of Scotland (ICAS) is calling for the UK to implement a US-style Sarbanes-Oxley regime on internal controls, to make audit fit for purpose for the 21st century. In its response to Sir Donald Brydon’s ‘call for views’ on the

In its 31st annual Financing Property presentation, hosted yesterday in Edinburgh, Savills says that social, demographic, political and technological disruption is causing fundamental shifts in UK property, posing challenges but also offering opportunities for the lending industry. Savills says

One tenth of Scots who are in work have had to miss paying gas or electricity bills at least once in the last year because they have run out of money, according to new statistics calculated and published by Citizens Advice Scotland (CAS). The figures, based on a survey conducted for CAS by YouGov, a

Falkirk-based Alexander Dennis Limited (ADL), the world’s biggest manufacturer of double deck buses and leading British bus and coach builder, has been acquired by NFI Group, North America’s largest bus and coach manufacturer. The transaction creates an independent global bus and coach m