Strong growth has been recorded in Edinburgh’s hotel industry while reductions in performance have been registered in Glasgow and, most notably, Aberdeen, according to latest data for the month of June.
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A masked man has made off with a four-figure sum after holding up a Royal Bank of Scotland branch in South Lanarkshire.
The accounting deficit of defined benefit (DB) pension schemes for the UK’s 350 largest listed companies has increased from £119 billion on 30 June 2016 to £139 billion at the end of July, according to latest data.
Sue Dawe The UK’s financial services industry is facing a period of slower economic growth and market uncertainty as the Brexit decision impacts on both consumer confidence and business investment in the short to medium term, according to the latest EY ITEM Club outlook for financial services.
The percentage of the Edinburgh workforce with a degree level qualification or equivalent is higher than any other major UK city and has risen again, to 55 per cent.
Edinburgh-based Lloyds Banking Group has today announced that it is to cut a further 3,000 jobs and close 200 more branches by the end of next year, citing the sustained downward pressure on interest rates as a result of the UK’s decision to leave the EU.
A Dundee company that collapsed last year under the weight of a £400,000 debt may have been mis-sold an interest rate hedging product by Royal Bank of Scotland.
There has been a substantial increase in the number of powers of attorney registered in Scotland by those below the age of retirement, according to figures obtained from the Office of Public Guardian by Gillespie Macandrew.
Graeme Jones Scottish Financial Enterprise, the trade body that represents the nation’s financial service industry, has welcomed news that the European Securities and Markets Authority could be set to put in place provisions that would allow UK investment managers to operate in EU markets post-Bre
Martin Gilbert Aberdeen Asset Management has cut the levy on withdrawing from its UK property funds, as the number of investor redemption requests slumped after the initial shock of the EU referendum.
David Mundell Unemployment in Scotland fell by 18,000 in the period March to May 2016, and now stands at 152,000, according to Office for National Statistics (ONS) data released today.
Global accountancy firm EY has predicted that the average household disposable income in the UK will drop by 0.5 per cent next year.
UK businesses across every sector of the economy were showing positive signs of stability in the run up to the EU Referendum but now face at least another six months before they see a ‘new normal’ in the UK economy, according to new research from Begbies Traynor.
Edinburgh-based letting agent and residential investment firm Grant Property has secured a £450,000 loan from HSBC to invest in sophisticated IT systems designed to grow the business.
Tenants in Scotland have had to meet rent increases that are among the highest in the UK and accelerating at almost twice the countrywide average.
