1825, Standard Life’s wholly-owned financial planning business, has today announced it has entered into an agreement to acquire Almary Green with assets under advice of around £400m. The Edinburgh-based insurance giant launched 1825 in February 2015 in response to fundamental regulatory and marke
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The proportion of international investment in Scottish commercial property increased dramatically in 2015 despite overall investment volumes falling from £3.2bn in 2014 to £2.2bn in 2015, according to research produced by JLL. Specifically in 2015, £1.3bn (59 per cent), of commercial property inv
Oil and gas experts at international law firm Pinsent Masons are calling for a comprehensive package of concessions to be unveiled by Chancellor George Osborne during his Budget announcement tomorrow amid unprecedented volatility in global oil prices. Measures including a reduction of corporation ta
Anderson Anderson & Brown LLP (AAB), Aberdeen’s largest independent firm of Chartered Accountants, has been named as the top accountancy firm for deal making in Scotland last year. The accolade marks the 11th consecutive year that AAB has held the title after again being recognised by the Scot
Almost three quarters of Scottish mid-sized firms are in favour of staying in Europe and say leaving would make it harder to run a successful business, according to new figures published today by accountancy and advisory firm, BDO. Following the Prime Minister’s negotiation with the European Counc
Tax that the UK Supreme Court today ruled should have been paid on bonuses handed out over a decade ago will now have to be paid by investment banking giants Deutsche Bank and UBS. The bonuses were paid to investment bankers via offshore accounts in the form of shares to avoid attracting income tax
Residential property sales exceeded £16.5 billion in 2015, according to statistics published today by Registers of Scotland (RoS). A total of 97,701 sales took place across Scotland in 2015, the highest annual figure since 2008, and an increase of 4.5 per cent compared to the previous year.
A growing Scottish film industry, strong line-up of rich cultural events and a year of food and drink all helped to make 2015 and early 2016 a strong year for the Scottish central belt hotel industry – but Aberdeen continued to suffer as low oil prices and redundancies continued to bite. That’s
A major plan to expand and upgrade Inverness Airport has been announced as the Highland terminal gears up for what could be its busiest year ever. With British Airways launching a new daily service to London Heathrow and KLM flying daily to Amsterdam Schiphol from May, and easyJet expanding services
Queensferry Crossing The cost of building the new Queensferry Crossing has fallen by £1 billion and the bridge is on target to open to traffic by the end of the year, MSPs have been told.
Ross McEwan Three of the top bosses at 73 per cent taxpayer-owned Royal Bank of Scotland, including chief executive Ross McEwan, have ploughed almost £1million into buying the bank’s bombed-out shares in the wake of last week’s eighth successive pre-tax loss.
Still 73 per cent state-owned, bailed-out Royal Bank of Scotland has reported a near £2 billion loss for 2015. The results meant an eighth consecutive year of annual losses for the Edinburgh-based lender.
KPMG has taken over at First Oil Expro after the Aberdeen-based business was placed into administration. It has since emerged that Enquest and Cairn Energy will take on the company's 15 per cent stake in the Kraken North Sea Oil field.
A new report from the independent Social Market Foundation think tank has found that almost two million more young people have been locked out of the housing market since 2001 – and argues that property crowdfunding offers a way to help more people onto the housing ladder, while also providing muc
Sir Gerry Grimstone Gerry Grimstone, chairman of Edinburgh-based insurance giant Standard Life, has called for the UK electorate to reject calls to leave the European Union, saying it would be damaging to the UK economy if a Brexit occurred.
