Partner and head of banking and finance at Lindsays, Gavin Buchan, discusses how the rise of new finance possibilities is a positive development for all. When anything crashes and burns, there is often something that rises from the ashes. Since the economy emerged from the other side of the global f
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Business confidence within the oil and gas sector has increased with 43% of contractors reporting a rise in production activity, up from 28% 12 months ago, according to the 31st Oil & Gas survey conducted by Aberdeen & Grampian Chamber of Commerce. The survey of 90 UK firms employing ar
The number of new business launching in West Dunbartonshire has risen in the last year from 202 in 2018 to 207 this year. Business Gateway, operated by West Dunbartonshire Council's business support team, assisted 22.5 startups per 10,000 population – higher than the whole of Scotland average
Challenger bank Monzo now has three million customers, with sign-ups continuing to rise for the app-only bank. Monzo reached the milestone only four months after acquiring two million users and the company said it is currently taking on 55,000 new customers every week.
Burness Paull has reported a rise in turnover for its financial year ending 31 July 2019, posting an annual income of £58.5 million – up two per cent from £57.6m in 2017/18. Profit at the firm was £22m, down eight per cent from £23.8m. Burness Paull chair Peter Law
House prices across Scotland continue to grow with respondents to the monthly RICS Residential Market Survey expecting further price rises for the year ahead.
The average valuation of a corporate finance deal in Scotland is on the rise, PwC has predicted, in spite of economic uncertainty which is expected to continue for the foreseeable future. Speaking to business leaders this week, the professional services firm’s head of corporate&
The owner of Clydesdale Bank has been hit by a rise in customers struggling to pay their credit card bills. Glasgow-based Clydesdale and Yorkshire Banking Group (CYBG) has said it wrote off £77m in the six months to March.
The winner of the F&C Investment Trust Prize has been announced as Heather Ramsey, who is studying for an HND in Legal Services at City of Glasgow College. Heather Ramsey, Paul Little, principal and CEO City of Glasgow College, AND Milea Leone, student president of
The number of Scottish film and video enterprises has grown by 66 per cent in a decade, with latest figures showing a rise from 240 in 2008 to 400 in 2018. Scotland has become a go-to destination for filmmakers, with recent productions including blockbusters Fast and Furious and Avengers.A number of
Legal & General has become the UK’s first £1 trillion investment manager after unveiling a 10 per cent rise in profits following a spate of infrastructure deals last year and as sales of annuities soared to record levels. The group said alongside its annual result
A study into Scotland’s most and least affordable cities has found that Aberdeen has seen the biggest boost in home affordability over the last five years. The latest Bank of Scotland research found that average house prices in the city have risen by only 2% to £203,944 in the last five
The final quarter of 2018 saw levels of advanced financial distress in Scotland continuing to rise sharply across the majority of sectors, according to research released today by business rescue and recovery specialist Begbies Traynor. The company’s quarterly Red Flag Alert data which reveals
Mastercard’s logo will no longer feature the text of its name on its logo following a bold rebranding move. According to reports, the restyling is inspired by the rise of digital banking and a future where there will be less reliance on card payments.
David Alexander, Managing Director of D J Alexander The rise in loan to earnings ratios to levels not seen since the 2008 property collapse may produce a risk of a future property crash if it continues, according to a study by property management firm DJ Alexander.
