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HSBC has seen its profits after tax rise by $5.3 billion to $8.4bn in the first half of 2021. The lender has also posted profits before tax of £10.8bn, up $6.5bn from the same period in 2020.

Like the rest of the UK, Scotland is continuing to see a marked rise in early signs of insolvency year on year according to the latest Red Flag Alert data published today by business rescue and recovery specialist Begbies Traynor. However, it is feared that the scale of business distress is largely

Business activity has risen in Scotland as the wider economy continues to reopen, according to Addleshaw Goddard's latest Scottish Business Monitor report. The report, published in partnership with the University of Strathclyde’s Fraser of Allander Institute, confirms that business sentim

It was inevitable that the impact of the global pandemic on the world’s economy would once again throw a spotlight on the revenue-raising potential of inheritance and gift taxes, writes Lindsay Bryce Mackay, an associate at Gillespie Macandrew. The Organisation for Economic Cooperation an

The volume of properties sold in Edinburgh, the Lothians, Fife and the Borders has continued to rise over the last three months, according to new figures published by ESPC.

The post-lockdown house-move boom has seen Scottish law firm and estate agent Lindsays defy disruption to record a rise in the number of homes sold in the past 12 months. Sales by its residential property division rose by 4.26% in the last financial year, with homes valued at a total of £177.3

Dundee-based investment company Alliance Trust increased its total ordinary dividend by 3% in 2020, marking the 54th consecutive annual rise for the firm. The news comes as Alliance Trust posted its annual results for the year ended 31 December 2020.

A British family are selling a Vincent van Gogh drawing once stolen by the Nazis for a potentially record-breaking price to avoid the prospect of a rise in capital gains tax.

Stephen Bird, the CEO of Standard Life Aberdeen, has informed staff that they should not expect bonuses or a pay rise unless they are "star performers". Mr Bird has reportedly told staff that the bonus pool this year would be smaller as he attempts to cut costs and focus on rewarding the most succes

Furlough and other Government support measures appear to have stemmed a feared significant rise in corporate insolvencies in Scotland, according to the latest data from KPMG. In November, there were 35 administrations or liquidations in Scotland - 23 fewer than the same period last year. Meanwhile,

Consumer price inflation fell back much more than expected to a three-month low of 0.3% in November, having risen to a three-month high of 0.7% in October, according to the latest statistics from the Office for National Statistics (ONS).

A police drugs-squad raided a house in Peru dressed as Santa and an elf.

For August to October 2020, Scotland’s employment rate estimate has risen over the quarter to 74.8%, according to the latest labour market statistics published by the Office for National Statistics (ONS) today. The ONS data also revealed that Scotland's unemployment rate estimate has fallen ov

The Royal Bank of Scotland is predicting a 40% increase in the number of scams reported this Black Friday compared to the same time last year as online shopping fraud rapidly rises. During lockdown criminals are taking advantage of more customers shopping online. The most popular fake ads involve th

Landlords, small business owners, investors and second-home owners are facing a rise in tax after a review ordered by Chancellor Rishi Sunak.   The chancellor is considering proposals by the Office of Tax Simplification (OTS) to reform capital gains tax to help pay for the Covid-19 pandemi