Glasgow and Edinburgh’s hotel sector had excellent revenue growth during March while Aberdeen continued to be in the doldrums according to the latest report by accountants and business advisers, BDO. The firm’s monthly hotel survey found that year-on-year revenue grew 12.0 per cent in Edinburgh
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KPMG is facing another investigation, this time in relation to the ethics of its work with designer fashion brand and retail giant Ted Baker. The Financial Reporting Council said it will “investigate the firm’s consideration of and compliance with ethical standards in connection with the provisi
The medium to high skill jobs sector is supporting Scottish jobs growth, according to the latest Royal Bank of Scotland Regional Economic Tracker. Figures reveal that general employment climbed by 0.7 per cent across the country during 2015, with professionals and trade roles offsetting a decline am
The average selling price of two bedroom flats in the Edinburgh seaside areas of Portobello and Joppa has soared by 38.3 per cent over the last three months, according to the latest analysis from ESPC. The headline statistic comes from the estate agent’s latest house price report covering the peri
Rothschild Investment Trust has pulled the plug on a merger with Alliance Trust, a move it has now described as “not in the best interests of shareholders”. RIT Capital said it will not be making a formal offer for the Dundee-based trust, which had seen shares rise by over 3 per cent when news o
https://twitter.com/LastWeekTonight/status/739661986632454144?ref_src=twsrc^tfw British comedian John Oliver has bought, and then immediately forgiven, the $15 million medical debts of 9,000 people live on his American television programme.
The North Sea will see a rise in infrastructure deals this year, with private equity funds playing an increasing role in midstream assets, according to business advisory firm Deloitte. Against the backdrop of a low oil price, more oil and gas companies are looking to rationalise their portfolios and
The number of households in Scotland has continued to increase, though the rate of growth is smaller than before the economic downturn, according to latest official data. There were 2.43 million households in 2015, according to figures published today by National Records of Scotland (NRS) in its 'Es
Angela Constance Communities across Scotland will now receive support to become land or buildings owners thanks to a £350,000 fund.
A major credit ratings agency has said Scotland is leading the way when it comes to helping people who are struggling with debt problems to avoid the prospect of having to enter insolvency. In its latest report, Experian said that the overall number of UK consumers who entered insolvency in the firs
A development plan covering four council areas and the next 20 years has taken a step closer to being adopted. TAYplan’s proposed strategic development plan, which covers Perth and Kinross, Dundee, Angus and the north part of Fife, has been submitted to Scottish Government ministers for approval.
https://youtu.be/CPvRke2mrL8 TSB has announced Aberdeen is to be one of two locations for the first of its new flagship branch concept.
More than 1 million 18-44 year-olds in Scotland (53 per cent) now say housing problems are forcing them to put their lives on hold, according to new research. YouGov, Shelter and Shelter Scotland have revealed how Britain’s housing shortage is reshaping the way millions of people live their lives
Social landlords in Scotland and across the UK have managed to reduce back office costs while increasing annual turnover, according to new data analysis from HouseMark. The provider of social housing data's figures show that landlords north of the border have reduced costs in real terms across all a
A pair of armed robbers quickly regretted their choice of target after their raid for cash on a McDonald's branch in eastern France saw them come up against an 11-strong elite police team.