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Companies in Scotland will see their pension liabilities increase by £15bn, according to a half year report on the health of pension schemes by PwC’s pensions practice. The Skyval Index that looks at the health of defined benefit pension schemes shows the deficits that companies disclose in their

The UK's GDP could grow by £105 billion if workers put off their retirement a little longer, according to a new report from PwC. The global accountant’s 'Golden Age Index' presents a weighted average of indicators including employment, earnings and training to analyse the labour market impact of

Stephen Boyle Slowdown in the Scottish economy appears to be coming to an end and optimism is returning, according to the Royal Bank of Scotland.

Latest data released by The Student Loans Company has revealed student debt in Scotland is rising faster than anywhere else in the UK. The statistics show that while Scotland continues to have the lowest student debt in the whole of the UK by a significant margin, it is steadily increasing.

Scotland’s private sector received a higher volume of new business during May, with the rate of expansion accelerating to the joint-quickest in nine months, according to the Bank of Scotland. However, the increase in new work failed to lead to a rise in output, which remained broadly unchanged, th

Rothschild Investment Trust has pulled the plug on a merger with Alliance Trust, a move it has now described as “not in the best interests of shareholders”. RIT Capital said it will not be making a formal offer for the Dundee-based trust, which had seen shares rise by over 3 per cent when news o

The continuing slump in oil prices could see almost one in three of the UK’s oil and gas firms planning more new job cuts, a new survey has found. The latest Bank of Scotland report on the oil industry has found that around 32 per cent of companies are planning further job cuts as the sector downt

Dougie Adams The EY Scottish ITEM Club has forecast growth in Scotland coming to a virtual standstill as a result of the oil price slump.

Peter Vardy Peter Vardy Group, the fast-growing Scotland-wide automotive retail business, celebrates its tenth birthday this year and is set to transfer over £5 million of ownership to its 800 colleagues as part of its Partnership Share Scheme.

RBS is to face another major legal action over the alleged mis-selling of interest rate swaps at a time when bosses are said to have known of Libor-rigging. The state-owned bank denies the accusations made by Stuart Wall, head of student accommodation company Opal Property, until it collapsed in 201

Barry Benjamin Wealth management is one of the least tech-literate sectors of the financial services industry, and is falling well behind other industries, a report published today by PwC finds.

Jon Cartwright Law firms’ bank debts have jumped 36 per cent in the past year, from an average of £28,000 to £38,000 per equity partner as the profession targets growth according to Hazlewoods, chartered accountants and business advisers who specialise in the legal profession.

Blair Nimmo KPMG, administrators of McEwens of Perth, the venerable independent fashion store chain with premises in Oban, Ballater and Perth, have revealed that unsecured creditors have lost up to £2.875 million following the collapse of the company.

Major changes to the tenancy laws in Scotland will give more security to tenants, but also produce hazards for landlords, write Lucy Harington and Louise McAlister from the Commercial Dispute Resolution Team at TLT LLP.