Edinburgh’s growing population and popularity with tourists could prove a threat to its status as a top location for businesses, according to a new report.
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Homeowners seized on ultra-low interest rates to remortgage in June, but would-be buyers are holding back as political turmoil continues to cause uncertainty, latest data has shown. According to trade body UK Finance, a total of 16,880 remortgages were agreed in the month, up 8.3pc from the sam
M&G Prudential has today announced its intention to list its shares under the name M&G plc when it demerges from Prudential plc later this year. As an independent company, M&G plc will have a single corporate identity and will continue with two customer-facing brands:
Scotland’s private sector economy approached stagnation in July, growing only fractionally, the latest Royal Bank of Scotland PMI has revealed. Order books increased for a second month running, however growth here was driven entirely by demand for services as manufacturing sales dropped sharpl
High street retailers in Scotland saw a 4.8 per cent dip in footfall last month, according to the latest figures.
FTSE 350 DB pension scheme deficits have fallen by nearly a third and a growing number of firms approach the financial position required to buyout their liabilities, according to the latest research from Barnett Waddingham.
Outgoing Royal Bank of Scotland chief executive Ross McEwan has this week taken the occasion of a Glasgow speaking engagement to warn that the UK faces a period of “pain and anguish” as a result of Brexit and it should be left up to the Scottish people if they want to take the escape rou
The British banking system is an ‘accident waiting to happen’ according to a new report released this week by the Adam Smith Institute, nearly 12 years after the run on Northern Rock heralded the beginning of the financial crisis.
The latest research from global real estate consultancy CBRE shows that recovery of the industrial sector in Aberdeen is continuing following on from a record number of transactions last year. The performance of the Aberdeen industrial property sector is inextricably linked to the oil sector and las
The average price paid for motor insurance in the second quarter of the year rose slightly on the previous quarter, albeit that the cost of cover fell by £10 on the same quarter last year, according to the Association of British Insurers’ latest Motor Insurance Premium Tracker out today.
The Financial Conduct Authority (FCA) has today fined Standard Life Assurance Limited (SLAL) £30,792,500 for failures related to non-advised sales of annuities. SLAL did not dispute the FCA’s findings and the firm’s agreement to accept the FCA’s findings meant it qualified fo
Scotland’s financial services sector has a secure, optimistic future, thanks to investment in innovation and the rapid rise of tech disrupters, according to political and business leaders. Speaking at a KPMG event in Edinburgh, the Scottish Government's minister for public finance and the digi
Young accountants Melanie Clark, Richard Stephenson and Peter Cowan of Aberdeen-based Hall Morrice LLP have been named among this year's Top 100 Young CAs. It is the second year running that Ms Clark, a director of Hall Morrice Corporate Finance, and senior audit and accounts manager Mr Stephenson,
Scotland faces a "property exodus" if Boris Johnson's proposals for stamp duty are put in place in the rest of the UK, property management company Apropos by DJ Alexander has warned. Johnson has proposed removing all stamp duty land tax (SDLT) for properties valued below £500,000, which the fi
Local councils across the UK believe Brexit will hit local exports, reduce foreign direct investment, and impact business rates, while declining central government funding may add additional pressures, according to PwC’s latest annual survey of local government. The report, which is
