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Scottish Ford dealership Peoples has hailed its best-ever financial performance with turnover in the year ended July 31 increasing by almost 20% to £289.5 million. Founded in 1983, Peoples Group says it is the largest independent dealership in Europe retailing only Ford cars and commercial veh

UK law firms' fees and profits are exceeding expectations this year, a report from PwC shows. Its 30th Law Firms’ Survey showed that just under three-quarters reported an increase in fee income with 76% seeing profit increases. The findings are consonant with the figures from Scottish firms in

Nine in ten (86%) Scottish micro-businesses expect activity levels to bounce back over the next 12 months as consumer demand rises, according to new research conducted by Shawbrook Bank. Shawbrook Bank’s Micro Business Monitor surveyed Scottish businesses with 25 employees or fewer – kno

Scottish taxpayers will be worse off under UK government plans to increase National Insurance than those in the rest of the UK, the Chartered Institute of Taxation (CIOT) has said. Prime Minister Boris Johnson announced this week that rates of National Insurance will increase by 1.25 per cent from A

abrdn has hailed a 'strong start to the year' as profits rise by 77% to £163 million.  While the company also reported a drop in assets under management to £532 billion (FY 2020: £535bn), while its fee-based revenue was 7% higher during the six month period and adjus

Estate agency Savills has posted record profits before tax of £63.8 million, up £56.1m from the £7.7m recording in H1 2020. The group's revenue reached £932.6m, compared to the £791.4m posted in the first half of last year.

Bank of Scotland owner Lloyds Banking Group has posted a statutory profit before tax of £3.9 billion for the six months to the end of June. In 2020, the bank posted a first-half loss of £602 million, after allocating £2.4bn for bad loans.

Dundee-based investment company Alliance Trust has posted strong half-year results with the company confirming a second quarterly dividend of 3.702p – an increase of 3% on last year. The company's Net Asset Value (NAV) Total Return reached 14.8% in the second quarter of this year, outperf

Consumer price inflation rose by 2.4% in June, up from 2.1% reported in May, according to the latest figures published by the Office for National Statistics (ONS).

Scotland continues its decade-long trend as the UK’s most attractive region for financial services foreign direct investment (FDI) outside of London, according to EY’s latest UK Attractiveness Survey for Financial Services.

Accountancy and business advisory firm Johnston Carmichael has published its annual results for the financial year ended 31 May 2020, revealing its resilience amid the challenges of COVID-19. The business which had recorded encouraging growth prior to the onset of the global pandemic, was, like many

The Aberdeen Latin American Income Fund Limited, a company managed by Aberdeen Standard Investments (ASI), has announced its half year results for the six months to 28 February 2021 revealing a 7.2% in net asset value (NAV) total return. The increase in NAV compares favourably with the company&rsquo

An estimated two million of the UK’S lowest-paid workers will receive pay rise from today as statutory minimum wages increase. The National Living Wage rises by 2.2% to £8.91, the equivalent of more than £345 a year for a full-time employee, and will be given to 23 and 24-year-olds

Carnoustie-based housebuilder DJ Laing has pointed to the strong Dundee property market for its rise in profits. Newly filed accounts from the firm revealed that its sales increased to £7 million for the year ending May 31 2020, compared to £6.3m in 2019.

Hillington-based fintech company Beeks Financial Cloud has revealed it is considering further acquisitions after seeing a 24% rise in revenues in its first-half results. For the six months ended 31 December 2020, the firm's revenues increased to £5.29 million, compared to £4.28m in the f