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Retail sales volumes saw further improvement in July of 3.6% month-on-month, as the sector benefitted from a full month of non-essential retailers being allowed to open, according to the latest figures from the Office for National Statistics (ONS). 

Investment syndicate Equity Gap has completed 22 investments in the first half of 2020, with total member funds invested since inception topping £20 million. This month, Equity Gap also celebrates 10 years as one of Scotland’s most successful angel investment groups with record investmen

The Chancellor’s current Stamp Duty Land Tax (SDLT) is a potential future tax trap for buyers according to property management firm Apropos.  The firm believes that whilst welcoming the increased threshold of SDLT to £500,000 to kickstart the housing market after lockdown, the curre

Small businesses across the UK reported a pick-up in activity in July, according to the latest Royal Bank of Scotland UK Small Business PMI report. The increase in activity is a further sign of operating conditions gradually improving following the lifting of lockdown measures. However, th

The Aberdeen New India Investment Trust, a fund managed by Aberdeen Standard Investments, has seen its Net Asset Value (NAV) drop by 22.7% for the year ended 31 March 2020.  The decline in NAV is compared to the MSCI India Index which dropped by 27.3%, both in sterling total return te

The launch of a new app-based exchange feature by Edinburgh-based Zumo, the cryptocurrency wallet and exchange platform, has led to a surge in user demand as new investors continue the move towards bitcoin.  The Zumo App’s GBP exchange function allows users to easily buy, sell, send and s

The UK housing market had its busiest month for a decade in July as the value of property sales reached a record £37 billion, according to Rightmove.

Murray International Trust Plc, a fund managed by Aberdeen Standard Investments, has maintained its dividend, despite a 10.7% decline in net asset value (NAV) total return. Announcing its interim results, the company revealed that two interim dividends of 12.0p (2019: 12.0p) have been declared

Adrian Murphy, head of Glasgow-based wealth management firm Murphy Wealth, has been appointed to the board of MND (Motor Neuron Disease) Scotland. His role will be to assist the charity in achieving its many objectives. MND Scotland’s work includes fundraising, research and providing physical,

As the construction sector continues to adapt and ‘re-open’ from the lockdown measures imposed following the spread of COVID-19, property developers are beginning to navigate through the challenges that will be presented in the coming months. We are beginning to see signs of ea

The UK economy will not recover from the current recession until 2024, according to EY's economic forecaster, the EY ITEM Club.  The EY ITEM Club has said it is "unlikely" the economy will regain its fourth quarter 2019 size until 2024.

UK productivity, measured in terms of output per hour worked, saw a record decline in the second quarter of this year as it fell 2.5% quarter-on-quarter, according to a “flash” estimate from the Office for National Statistics (ONS).

Scotland's unemployment rate increased by 0.4 percentage points to 4.5% from April to June this year, according to the latest Labour Market Statistics from the Office for National Statistics. The data also revealed that the proportion of people aged 16-64 in work decreased over the quarter by 0.4 pe

NatWest Group is to get rid of several top bankers as part of a dramatic overhaul of its investment bank, Natwest Markets as chief executive Alison Rose attempts to cut ties with the bank's past. The bank formerly known as Royal Bank of Scotland, majoratively-owned by taxpayers, is expected to tell

The coronavirus pandemic is expected to see business lending grow by 14.4% this year surging to the highest level in 13 years, according to an EY ITEM Club Interim Bank Lending Forecast.