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Personal insolvency across Scotland is on the rise according to the latest figures from the Accountant in Bankruptcy (AiB).

Insurance giant Aviva, which employs 2,500 staff across hubs in Perth and Bishopbriggs, has announced that first half operating profits rose 1 per cent to £1.4bn driven by a strong result in general insurance, which more than offset weakness in fund management and the lack of longevity re

The number of companies entering into administration, receivership or liquidation in Scotland increased by more than 45 per cent (45.72 per cent) in the first six months of 2019 when compared to the same period last year, according to new analysis from KPMG. There were a total of 698 corporate insol

Law firm Shoosmiths has today announced its financial results for 2018/19, with revenue up seven per cent year-on-year to £137.6 million and net profit up six per cent to £37.9 million. Commenting on the results, Simon Boss, CEO of Shoosmiths, said: “The market continues

Average house prices in Scotland will grow by 14 per cent to reach £170,000 by 2022 if a no-deal Brexit is avoided, according to new analysis from PwC. If a no-deal Brexit does not take place, house prices are expected to grow 1.7 per cent this year, rising to 2.4 per cent next year and a furt

A more stable trend is now emerging in the Scottish housing market, according to the latest results for the RICS UK Residential Market Survey.  Although anecdotal commentary from respondents remains mixed, contributors reported a rise in buyer demand whilst newly agreed sales also gained a

Over the past three months, the average selling price in east central Scotland was £255,905, which was a 6.6 per cent increase on last year. In Edinburgh, the average selling price during this period was £272,375, a five per cent increase on last year.

The number of business failures in 2018 in the Scottish construction sector was the highest annual figure since 2014 and this year looks on target for a similar number, according to new analysis of the sector by leading accountants and business advisers French Duncan. In 2018 202 businesses in the c

The number of households in Scotland has continued to increase to 2.48 million in 2018, according to figures published by National Records of Scotland (NRS). ‘Estimates of Households and Dwellings in Scotland, 2018’ shows that over the last ten years the number of househol

Employment law, HR and health & safety specialist, Law At Work (LAW), has recorded a sharp increase in employment claims since fees were abolished in July 2017. The firm saw a 25 per cent rise in claims in 2018 compared with the previous year when fees were overturned, and an increase of 120 per

More than half a million mortgages of more than 25 years were taken out by UK homeowners last year, including nearly 10,600 "marathon mortages" of over 40 years.

Glasgow-based chartered accountants Wylie & Bisset has welcomed the recent rise of the challenger banks offering SMEs and start-ups a variety of fresh, faster and easier funding options. The boom in the number of challenger banks over recent years has been in part a consequence of the restr

Life and insurance giant Prudential, which employs more than 2,000 workers at its site near Stirling, has reported a 6 per cent rise in annual operating profit before tax that beat market forecasts, led by growth in its Asian division. The insurance and pension giant, which is in the process of

Scotland’s top private companies have witnessed a rise in combined earnings and headcount, despite growing economic and political uncertainty, Grant Thornton has found. The global accountancy firm’s annual Scotland Limited report assesses the commercial performance, in the last year, of

Overall business confidence picked up slightly at the start of the year, increasing 2 points to 19 per cent, according to the latest Business Barometer from Lloyds Bank Commercial Banking. Despite this improvement, the figure remains among the lowest seen in the last 12 months and is well below the