ESPC’s first house price report since the EU referendum has reveled an almost immediate shock to the housing market in east central Scotland as the number of people bringing their home to market stalled. The report, covering the three month period from April to June 2016, has shown that just as th
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Peter Boyd Edinburgh-based full service legal practice Boyd Legal Solicitors has undertaken a strategic review of its operations and parted ways with its high volume mortgage referral conveyancing team.
Gordon King Gordon King of DM Hall Chartered Surveyors
The centres of Scotland’s economic growth have begun to shift as Aberdeen continues its decline and areas such as Perth and Kinross begin an ascent, according to a new report. The research conducted by Mackay Consultants has forecast annual growth of 2 per cent in Perthshire through to 2018, on a
A rising star hedge fund manager and Edinburgh University graduate, who commissioned a private poll putting ‘Remain’ narrowly ahead before last Thursday’s vote, has cashed-in to the tune of £110 million after betting against stirling on the basis of the result, it has emerged. According to th
UK insurance giant Aviva, which employs about 1,300 staff at its hub in Perth, has moved to calm fears over its position after its share price fell from 444.5p on Thursday to close at 378.1p on Friday, as markets reacted to Britain’s decision to leave the European Union. Despite a further 4 per ce
Tesco Bank, which employs most of its 4,000-strong workforce in Edinburgh and Glasgow and has its HQ in the Scottish capital, has revealed that sales were up 3.5 per cent in the quarter on strong lending growth. The news came as the challenger bank’s chief executive Benny Higgins had to be defende
Professional job availability in Scotland has decreased by 11 per cent year on year to May 2016 according to research from the Association of Professional Staffing Companies (APSCo). The data, provided by recruitment software company, Innovantage, revealed that even though overall demand has dipped,
UK home-owners borrowed £8.1bn for house purchase in April, down 40 per cent month-on-month and 4 per cent year-on-year, according to latest data from the Council of Mortgage lenders. They took out 47,300 loans, down 31 per cent on March and 5 per cent on April 2015, the CML said.
Last month saw Scotland's high streets enjoy a five month high for sales as a result of warmer weather but the latest figures still show retailers north of the border are struggling to sustained growth. According to new data from the Scottish Retail Consortium and KPMG, May saw fashion, outdoor livi
Bruce Stephen Bruce Stephen is a partner and head of banking and financial services at Brodies LLP.
The total value of the residential sales market in Scotland from 2006 to 2016 was just over £148.2 billion, a new report published today has revealed. Further key findings of the Registers of Scotland’s (RoS) fourth annual publication of the 10 year-property market report over the last 10 years i
The number of outstanding mortgages extended under interest-only terms has fallen by almost one third over the past four years, research from the Council of Mortgage Lenders (CML) has revealed. The number of outstanding interest-only loans dropped from around 3.2m in 2012, to 2.2m last year – a de
Kevin Engel Business confidence levels in Scotland have fallen into negative territory for the first time in almost a year, making them among the lowest in the UK according to the latest ICAEW/Grant Thornton UK BCM.
One third of the largest firms are withholding key information from annual reports, according to a new study of FTSE 100 companies carried out by the Chartered Institute of Personnel and Development, the Chartered Management Institute and the Chartered Institute of Management Accountants. The study
