International accountancy firm Mazars has reported a 24 per cent jump in fee income from its Scottish operations. The result north of the border came as the firm, which has operates throughout 93 countries, reported a 14 per cent rise in turnover for the year to the end of August across its UK opera
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Theresa May The UK Government has announced that it is to set up a new taskforce consisting of police, banks and government officials to combat fraud across the UK.
Alasdair Gardner. regional managing director at the Bank of Scotland The Scottish private sector remained in growth territory during the first month of 2016, according to the Bank of Scotland's Purchase Managers Index (PMI).
John Swinney Deputy first minister John Swinney has vowed not to increase taxes for low paid workers as MSPs prepare to debate the Draft Budget 2016/17 for the first time at Holyrood later today.
The volume of residential sales in Scotland rose 14.5 per cent in the third quarter of 2015-16 compared to the same period in the previous year, according to official statistics published today by Registers of Scotland (RoS). A total of 28,779 properties were submitted for registration between Octob
Scottish Friendly, Scotland’s largest financial mutual, has announced a record-breaking 18 per cent increase in sales for 2015. The financial services group reported a rise from the £21.6m it posted in 2014 to £25.5m in 2015.
Gross mortgage borrowing of £12.4 billion in December was 24 per cent higher than a year ago and overall new borrowing in 2015 was some 6 per cent higher than the previous year, according to figures released today by the British Bankers Association. The number of mortgage approvals in December was
Occupier demand for commercial property in Scotland remained firm during the last quarter of 2015, according to the latest RICS Commercial Market Survey Q4 2015. The office sector was particularly strong, with a net balance of 50 per cent more respondents reporting growth in demand, while the retail
The commission was tasked with looking at how the Scottish Parliament could use new and existing powers to boost economic growth. Recommendations made included:
The number of domestic tourist visits to Scotland jumped nine per cent, to around 12.9 million, in the year to the end of September 2015. The Great Britain Tourism Survey published today also shows that expenditure on domestic tourism visits - visitors from Scotland, England and Wales staying for at
Friends Reunited, the online social networking pioneer bought by ITV for £175 million and then sold to Dundee publishing company DC Thomson, is to close. Steve Pankhurst, one of the site’s founders, said it is still used by some but is “no longer used for the purpose it was built for”.
The latest figures show the highest employment level for Scotland on record, with a 21,000 rise in the employment level compared to the previous quarter, taking the number of Scots in work to 2,631,000. The employment rate has increased to 74.9 per cent, a lift of 1.2 percentage points over the quar
Demand for professional contractors in Scotland increased by 3 per cent in the 12 months to December 2015, a substantial difference to the UK average of -4 per cent, according to the Association of Professional Staffing Companies (APSCo). The data, provided by recruitment software company, Innovanta
The Court of Session has found in favour of Clydesdale Bank in a case over mis-sold SME loans, despite the bank admitting that the fixed-rate tailored business loan (TBL) in question was not suitable for the customer. Former Clydesdale business customer John Glare went to the Court of Session in 201
The Bank of England's Monetary Policy Committee (MPC) has today voted for no change to UK interest rates, to leave them unchanged again at 0.5 per cent. Eight of the nine rate-setters on the committee voted to hold the record low of 0.5 per cent that has been in place since March 2009, with one voti
