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New research has revealed that securing promotion is no guarantee of a pay rise, as 94 per cent of finance professionals would elevate an employee into a new role without offering any additional remuneration.

The North Sea will see a rise in infrastructure deals this year, with private equity funds playing an increasing role in midstream assets, according to business advisory firm Deloitte. Against the backdrop of a low oil price, more oil and gas companies are looking to rationalise their portfolios and

The average house price in Scotland’s seaside towns has grown by £348 per month since 2005, according to new data. The latest Seaside Towns Review from the Bank of Scotland found that over the past decade, the average price has grown by 39 per cent, from £108,449 to £150,210 – exceeding the 3

Richard Koch Glasgow and Edinburgh two of UK cities leading the way in the rise of contactless payments, according to new data.

Retailers say the rise of shoppers who regularly order more than they need with no intention of keeping every item has led to a slump in their profits and is putting them under further strain at a time of already plummeting sales. The findings of new research carried out by Barclaycard has revealed

The number of houses repossessed across Scotland during 2016 will be low, if interest rate rises are further postponed as anticipated, according to mortgage service company HML. In its annual forecast, HML said that it expects a total of 830 repossessions – or 0.08 per cent of all residential mort

Scotland has again seen year-on-year rises in levels of ‘significant’ Scottish business distress, the signals that indicate the early signs of financial problems, according to data released today by business rescue and recovery specialist Begbies Traynor. The firm's quarterly ‘Red Flag Alertâ€

Edinburgh-based challenger bank Tesco Bank has today announced a 12 per cent rise in annual profits. The lender, which employs most of its 4,000-strong workforce in Edinburgh and Glasgow, said customer lending rose 10.6 per cent in the year to £8.5 billion, “underpinned by double digit growth in

A five-figure sum of money has been robbed from a Scottish branch of Santander after being raided by masked criminals. The heist, carried out at the Spanish banking giant’s outlet in Helensburgh, Argyll and Bute, saw security staff targeted while transfering cash at the branch.

Last year saw a 23 per cent rise in £1m property transactions in Scotland, a more significant recovery than the overall market, where transactions rose by 5 per cent, according to estate agents Rettie & Co. Rettie said the introduction of Land & Buildings Transaction Tax (LBTT) clearly impa

John Swinney Scotland’s deputy first minister and finance secretary, John Swinney, has said new revenue-raising powers about to be devolved to Holyrood may warrant the creation of a dedicated Scottish tax minister along the lines of the UK’s Chancellor of the Exchequer.

New data has shown that last month saw Scotland enjoy the sharpest rise in the number of people placed in permanent jobs since last July. A survey by financial information services firm Markit found salaries also picked up in February amid a stronger rise in demand for staff.

Last year saw an 8.8 per cent rise in the number of new Scottish company registrations, bringing the total number of businesses in the country to a record high. According to figures from Inform Direct, 34,711 new companies registered in Scotland last year, and the up 8.8 per cent year-on-year rise c

Sarah Speirs Scottish house prices and sales look set to continue to rise in the first quarter of 2016, according to the latest survey by the Royal Institution of Chartered Surveyors (RICS).

Scotland’s capital city has risen one place to 18th in an annual ranking of real estate investment in 28 European cities. PwC’s latest Emerging Trends in Real Estate Europe report said that investor sentiment in Edinburgh returned in 2015 following uncertainty created by the independence referen