Aberdeen Standard Investments (ASI) has expanded its Pan European Residential Property Fund (ASPER) SICAV-RAIF with the purchase of a newly-constructed residential portfolio in Sweden. This latest acquisition diversifies the Fund’s portfolio to 27 assets in six countries and raising contracted
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Hotels, pubs, and restaurants in Scotland have seen their levels of elevated insolvency risk fall slightly or hold steady since the start of the year, according to insolvency and restructuring trade body R3. The proportion of hotel companies based in Scotland deemed by R3’s research to be at g
Scotland was among the top-performing parts of the UK during June, as activity growth was reinstated following a slight drop in May, according to the latest Royal Bank of Scotland PMI. Supporting the upturn were greater inflows of new business, however there were some signs of underlying fragility w
New research from Close Brothers reveals that nearly half (46 per cent) UK workers aged 55 and over do not feel prepared for their retirement.
The latest Scottish Chambers of Commerce (SCC) Quarterly Economic Indicator survey for Q2 of 2019 shows businesses continuing to face difficulties due to prolonged uncertainty around the UK’s position in relation to the European Union. This along with rising business costs and a global economi
British businesses could have £593 billion locked up in excess working capital, potentially hampering growth and leaving them exposed to economic uncertainty, according to new research from Lloyds Bank Commercial Banking. The Lloyds Bank Working Capital Index combines the bank’s propriet
Johnston Carmichael is forecasting ongoing growth at its office in Inverurie, partly down to the rural economy turning to digital tax management – modernising after centuries of tradition. The Inverurie office, based at Thainstone, has seen a 50 per cent increase in turnover over the last
One in five UK investors is considering debt investment amidst low interest rates and Brexit uncertainty, according to new research from FJP Investment. The company commissioned an independent survey of more than 950 UK-based investors.
Edinburgh has become a hotspot for investment in student accommodation, according to Knight Frank’s Global Student Property 2019 report. The independent commercial property consultancy found the Scottish capital was the third most popular destination in the UK for investment in
Permanent placements in Scotland's labour market rose during May amid declines across the UK as a whole, according to the latest Royal Bank of Scotland Report on Jobs.
Overall business confidence in May fell for the first time in three months, dipping four points to 10 per cent, according to the latest Lloyds Bank Commercial Banking Business Barometer.
Figures out today from the Association of British Insurers (ABI) show that the number of motor theft claims paid by insurers in the first quarter of this year were at their highest for any quarter since 2012, with a payment made to a car crime victim every 8 minutes. The cost of these claims rose by
Mortgage approvals for house purchases rose markedly in April to be at the highest level since February 2017, new data from UK Finance has shown. Loans for house purchases rose to 42,989 in April from 40,564 in March; this marked a clear upside breakout of the 38,000-40,000 range that had previously
New academic research has revealed that school pupils in the UK are becoming increasingly unable to work out change, with physical money rapidly becoming an alien concept to them.
Glasgow-based accountancy firm Wylie & Bisset has told landlords that selling up is not the only option available to them as new HM Revenue & Customs figures reveal landlords of UK buy-to-let property have reacted to the government squeezing their returns by selling assets. HMRC has rev
