The Government-backed National Savings and Investments (NS&I) is to reduce the rate paid on its Direct ISA from 1.5 per cent to 1.25 per cent in a move that will affect about 400,000 savers UK-wide. The move will be a blow to Scottish savers and likely exert additional pressure on many elderly p
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Edinburgh-based R&D tax credit specialist, Jumpstart, has welcomed new moves by HMRC to simplify and improve access to research and development (R&D) tax relief for small businesses. The company has been at the forefront of raising awareness of the vital government scheme and the beneficial
Amanda McMillan Scotland’s busiest airports have continued their record growth, according to latest figures.
A crowdfunding platform has sourced £843,100 from 308 investors in a block of flats in just ten minutes and 43 seconds.
Rents have soared by more than a third in some parts of Scotland over the past five years, according to new figures. Official statistics show the average monthly rent for a two-bedroom property in Aberdeen and Aberdeenshire rose by 36 per cent between 2010 and 2015.
Colin McLean, the co-founder of Edinburgh-based SVM Asset Management, has spoken out against the rewarding of failure within the industry. Reacting to the latest PwC survey of FTSE 100 Executive Pay, Mr McLean said the UK’s big companies and their shareholders have done little to address “length
Private sector activity in Scotland returned to expansionary territory in October with incoming new business stabilising after a fall in September. New data supplied by the latest Bank of Scotland PMI showed numbers expanded further and backlogs of work declined, while incomplete business continued
Wealthy foreign real estate investors shying away from the ballooning costs in London are sinking almost £1.4 billion a year into Scotland. With many property experts believing London is nearing a property bubble, property group JLL say Scottish real estate has received the highest amount of non-do
There were 361,345 private sector businesses operating in Scotland as at March 2015 - the highest figure since the time series began in 2000. According to Scotland’s Chief Statistician, between March 2014 and March 2015, the estimated number of businesses increased by 26,090 - representing a rise
Aberdeen’s hotel sector experienced its fifth consecutive month of double digit drops in occupancy and revenue in August as the hospitality sector continued to be badly hit by cuts in the oil and gas sector, according to the latest report by accountants BDO. The firm’s monthly hotel survey found
Scottish airport operator HIAL’s strong run of growth in 2015 continued in the last quarter, according to latest figures. In the third quarter (July to September), the group recorded an extra 12,522 passengers (up 3.1 per cent) compared to the same period in 2014.
The volume of residential sales in Scotland rose 6.5 per cent in the second 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 28,019 properties were submitted for registration between July
New figures have revealed that Scotland’s mid-sized businesses (firms with a revenue between £10 million to £300 million) have increased collective turnover by 63 per cent over the last five years from £32bn to £52bn. The performance compares to a UK figure which showed an increase of only 55
Edinburgh-based global investment manager, Standard Life Investments has issued a White Paper examining the rise of the millennials and their impact on values-based investing. It explores millennials' potential impact on traditional financial management, as well as the many opportunities they create
Salary inflation in Scotland has slumped to a 25-month low amid slowdowns in Glasgow and Edinburgh, according to the latest Bank of Scotland Report on Jobs published today. This was despite the research also showing a demand for staff strengthening while the downturn in candidate availability become
