Latest data from the Council of Mortgage Lenders (CML) has revealed that low interest rates have kept the number of homes repossessed in the UK falling during the course of the second quarter of the year. The CML said that 2,500 homes were repossessed in April, May and June, down from 3,000 in the p
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Aberdeen’s hotel sector experienced double digit drops in both occupancy and revenue in May as the low oil price continued to take its toll, according to the latest report by accountants and business advisers, BDO. The firm’s monthly hotel survey found that year-on-year occupancy in Aberdeen dro
While this summer’s weather has left the country largely underwhelmed, two separate reports published today have described a Scottish economy that is looking bright. The Bank of Scotland’s latest Private Market Index report has revealed private sector companies reported further growth of output
Seasonal factors have been cited by motor industry bosses as the cause of a reversal in Scottish car sales last month. Latest data from the industry showed a 5.8 per cent year-on-year fall in new car registrations north of the Border.
Charles Barnett Scottish football has finally got its finances in order according to the latest football survey by accountants and business advisers BDO.
New research from accountants KPMG has revealed that the amount of money lost in high-value fraud cases in Scotland has fallen sharply during the first half of 2015. The first six months of this year saw the total value of fraud north of the border hit £3.8m, compared with £6.2m for the same perio
A new survey carried out by Edinburgh-based banking giant Lloyds Banking Group has revealed confidence levels among those paying off unsecured debt remain high, with four in five (83 per cent) of respondents feeling confident or very confident that they will meet their future repayments. The lenderâ
Graeme Allan Aberdeen-based independent accountancy firm Anderson Anderson & Brown LLP is now ranked among the top 30 accountancy firms in the UK following annual growth of 30 per cent, according to a new poll.
Malcolm Hurlston The number of business debt judgments recorded in Scotland rose sharply in the first half of 2015, according to new Registry Trust figures.
Scottish house prices were up 3.5 per cent in the first quarter of 2015-16 compared to the same period last year, according to new figures from Registers of Scotland (RoS). Between April and June, the average house price in Scotland reached a record high of £167,765, the highest recorded for this q
Scottish Equity Partners has further expanded its infrastructure team with the appointment of Romain Keyen as associate and Adam Delaney as director of finance. Mr Delaney is based in SEP’S newly opened Edinburgh office and will take responsibility for infrastructure fund accounting, as well as as
Ian Smith, operations manager at Central Investment and non-executive director Gillian Hasting. Aberdeen-based financial Advisory firm Central Investment has added two new senior appointments to its team.
The average house price in Scotland could exceed a quarter of a million pounds by the end of the decade, economists have predicted. While house price growth has slowed across the UK over the past 12 months, the latest UK Economic Outlook from PricewaterhouseCoopers (PwC) predicts that prices in Scot
Gavin Hood Deloitte has announced the promotion of one of its partners to lead the firm’s advisory corporate finance practice in Scotland.
Iberdrola chairman Ignacio Galán Scottish Power expects to pay a £150 million carbon tax bill this year, prompting Spanish owner Iberdrola to complain about the tax's impact on fuel prices.
