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Edinburgh-based asset manager SVM has recorded a third successive year of losses of over £1 million. SVM, the 25 year-old firm that is 98 per cent owned by Colin McLean and his partner Margaret Lawson, reported that loses for the last 12 months were similar to the pre-tax loss of £1.46m loss regis

Nick Pollard, KHA finance director, and Marc Bates from THIS Housing signing the new contract. Kingdom Housing Association Limited (KHA) and Kingdom Initiatives Limited (KIL), the wholly owned trading subsidiary of the Registered Social Landlord, have awarded a new general insurance contract to THIS

Scotland's retailers face an “incredibly challenging” trading environment, with total sales "weak on all fronts" last month and down 2.4 per cent on last year, according to the latest SRC-KPMG Scottish Retail Sales Monitor report. The report said that sales August 2015 marked a stark contrast to

New figures released by estate agents ESPC have revealed that the percentage of homes being marketed as ‘offers over’ in east and central Scotland has doubled over the last two years. Between June and August this year, 74 per cent of the properties came to market as ‘offers over’, compared w

A poll of finance directors has revealed growing pessimism over growth prospects for Scotland the nation’s top businesss leaders. The survey of more than 100 FDs, CFOs and Senior Finance Officers conducted by ICAS, the global professional body for Chartered Accountants, found that half of the Scot

John Swinney Scotland’s Finance secretary John Swinney has told a committee of MSPs that he will not interfere with the work of the new Fiscal Commission, after assuring them that he has "no control" over the "independent" body.

Over 200 stakeholders from across the globe will convene in the Balmoral Hotel in Edinburgh today to discuss untapped opportunities, convergence and collaboration within the £37 trillion ethical finance sector. The inaugural two day Global Ethical Finance Forum (GEFF), organised by Dubai based ME G

Andy Simpson, co-founder of Rare Whisky 101 A record number of bottles of rare whisky were sold at auction in the UK during the first half of 2015, according to new figures published today by Rare Whisky 101.

Latest official figures have shown that total bonus payments received by British workers last year were almost back at the record levels enjoyed before the financial crisis. But bonuses paid to bankers and financial industry staff fell to £13,100 on average, £800 less than the previous year as tou

Caledonian MacBrayne (CalMac) has become the latest Scottish business and the UK’s first ferry operator Living Wage employer.

International Financial Data Services (“IFDS”), a global provider of outsourced administration and technology solutions to the investment, retirement, insurance and wealth management markets, has announced plans to recruit more than 100 new staff in Scotland. The new jobs will support the growin

Almost half of all Scottish small and medium-sized enterprises SMEs have introduced new products or services in last 12 months and one third do not export despite having a suitable product, highlighting the potential for further growth. These are among the key findings in a trio of Scottish Governme

The Old Course, St Andrews (Image via www.oldcoursehotel.co.uk) Kohler Scotland Ltd, the owners of St Andrews’ five-star Old Course Hotel, and the town’s Hamilton Grand luxury apartments and Duke’s Golf Course, have reversed a £8.7 million loss in 2013 after posting a £111,000 profit for las

The pace of house price growth in Scotland has slowed to just over 1 per cent in the year, from double digit growth at the start of the year. But experts have been quick to describe the development as a correction in the market following the convulsions brought about by the new rates of property tax

Graham Beale The boss of Britain's biggest customer-owned lenders has claimed that the new banking tax announced by Chancellor George Osborne last month is set to cost it £300 million over the next five years and could curb its lending powers.