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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

Scotland’s food and drink retailers ended a difficult year to record a 1.1 per cent year-on-year rise in sales for December, according to latest industry data. It was Scottish grocers’ best return in more than two years, according to the latest retail sales monitor from KPMG and the Scottish Ret

The UK's inflation hit an 11-month high last month driven by a sharp rise in air fares - the 0.2 per cent rise was the first time in a year that the rate has exceeded 0.1 per cent. The increase cost of air travel, which jumped 46 per cent in December, its biggest rise for 13 years, offset falling fo

Last year saw UK house prices rise by 9.5 per cent, according to the Halifax - the fastest annual increase for the market in nine years. The lender said the last month alone saw prices rise by 1.7 per cent, bringing the average price of a home to £208,286.

Sarah Speirs House prices continue to rise across Scotland, driven by a long-term shortage of stock, according to the latest RICS UK Residential Market Survey.