Edinburgh-based pensions giant Standard Life has reported that it is to increase its full-year dividend by 7.8 per cent rise on the back of a 9 per cent rise in pre-tax profits. The group said pre-tax operating profits hit £665 million last year, driven by a 10 per cent jump in fee-based revenues t
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The number of debt judgments registered against consumers in the Scottish courts increased for the first time in more than 4 years during 2015, according to figures released today by Registry Trust. Registry Trust is the non-profit organisation which collects judgment information from jurisdictions
The number of business start-ups in Scotland increased by around 10 per cent in the third quarter, according to latest figures. Data from the Committee of Scottish Bankers shows there were 2,990 start ups in the three months to September up 9.6 per cent, 262 up on the 2,728 recorded in the same peri
A new report has predicted that UK house prices are set to soar by another 50 per cent over the coming decade to hit an average of £419,000. The increase would mean that by by 2025 house prices will be around £139,000 higher typically than the current average of around £280,000.
Perth-based utilities giant SSE has announced adjusted pre-tax profit of just under £549m in the six months to the end of September – an increase of 48 per cent on the same period last year. The rise was helped by wet and windy weather in Scotland and Ireland, which boosted renewable output.
Scotland’s population is projected to continue to increase into the future. Statistics published yesterday by the National Records of Scotland (NRS) show the population of Scotland is projected to rise from 5.35 million in 2014 to 5.51 million over the next ten years, and then to continue to rise
Levels of ‘critical’ business distress have plummeted in Scotland since last year, according to data released today by business rescue and recovery specialist Begbies Traynor. The data shows a small rise of 4 per cent in the most common medium term indicators of ‘significant’ business distre
UK residents can now make contactless payments of up to £30 without the need for a PIN. The increase from the prior limit of £20 means that people will be able to use phone-based payment services like Apple Pay, as well as contactless cards, for a wider range of transactions across the country.
Accountancy heavyweight Deloitte has posted a seven per cent rise in profits that has seen partner earnings rise from £750,000 to £822,000. Revenue at the firm grew 6.4 per cent from £2.55 billion to £2.71bn in the 12 months to the end of May this year.
Latest official figures released today have revealed that the number of unemployed people in Scotland has fallen by 13,000 over the last three months. The Office for National Statistics said the unemployment rate now stood at 5.6 per cent which is currently in line with the UK as a whole.
Edinburgh-based Standard Life Investments has reported that assets under management have hit £250 billion from £245.9 billion at the end of 2014 on the back of its recent acquisition of Ignis. Flows into SLI’s multi-asset products were also up during the first half of the year as the firm delive
A 16 per cent increase in private-led new build homes has accounted for a large proportion of a continued rise in housing completions across the country. Housing statistics released today show the Scottish Government shows a total of 12,188 private-led new build homes were completed in the year to e
Angela Hickmore The number of new financial services jobs available in Scotland's largest cities has increased by more than 20 per cent since the independence referendum, according to a new report.
David Lonsdale Scottish retailers have reported a fall in sales for last month, according to new figures from the Scottish Retail Consortium (SRC).
