Yvonne Evans, senior lecturer in Law at the University of Dundee, author of the Trusts, Trustees and Judicial Factors reissue of the Stair Memorial Encyclopaedia and member of the Law Society of Scotland's Trusts and Succession Committee, reflects on the importance of trusts to the Scottish economy,
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The post-covid economic recovery in the UK is being channelled towards regional cities, according to Martha Peyton, managing director and head of global applied research at Aegon Asset Management. The long-term structural trends of demographic change and Brexit are having a transformational effect o
House prices in Scotland increased by 12% in the last year to take the average house price in Scotland up to £173,961, the House Price Index for June 2021 by the Office for National Statistics (ONS) has revealed. The annual increase is the sharpest rise since November 2007, in the midst of the
A pilot scheme trialling shared bank branches in Essex and Cambuslang have been extended until 2023. The project, launched by the Access to Cash Action Group has seen lenders operate shared "bank hubs" in an attempt to preserve access to cash for older and more vulnerable people.
Revenues at the Crieff Hydro have suffered a hit of more than £20 million thanks to the economic effects of the coronavirus pandemic. Accounts filed with Companies House have revealed that revenues were £32.9m in 2019-20, while last year, they fell to just £12.1m.
Virgin Money, owner of Glasgow-based Clydesdale Bank, has partnered with Edinburgh-based golf company Shot Scope, providing a funding package of £1.5m to help the company scale internationally. Shot Scope, a manufacturer of golf improvement technology provides wearable, global positioning
Andrew Pollard, director of Falkirk-based Ahead Business Consulting, offers practical tips to businesses to avoid cyber attacks. What do Hackney Council, Amex, Scottish Environmental Protection Agency, Foxton's Estate Agent, Mersey Rail, Furniture Village and the Salvation Army all have in common? T
Odysseus Capital Management has purchased the former Scottish Widows Investment Partnership headquarters in Edinburgh in a £22 million deal. Edinburgh One at 60 Morrison Street has been bought by the firm which plans a major extension and redesign for the building.
The average inheritance tax (IHT) bill in Scotland has climbed 8.5% towards £200,000 according to the latest figures released by HMRC. For the year 2018-19, the average inheritance tax bill in the UK was £209,502. In London, the bill stood at £271,820, while in Wales it was £
Law firm Brodies LLP saw profits rise from £38.5 million to £39 million in the 12 months to 30 April 2021. The firm also reported revenue of £82.5m, up from £82m in the previous year while cash balances grew to £30.7m from £25.4m.
St. Andrews-based Lisle Design Ltd, a tachograph technology firm that has grown to a £2 million revenue firm in 15 years, has handed control and ownership to its team. The firm implemented the succession model with the support of an employee-ownership specialist, Ownership Associates.
With a brace of recent reports revealing that Scottish SMEs are optimistic about the economy, chartered accountants Wylie & Bisset is advising business owners to act now to invest in digitalisation and seek advice on available tax reliefs to enable them to exploit the business opportunities aris
Fife Creamery, has welcomed a £1.65 million funding package from Royal Bank of Scotland to enable an extensive expansion into frozen food services.
The Royal Bank of Scotland has launched its Expert in Residence programme across Scotland, operating from branches and in communities across the country to help female entrepreneurs realise their growth ambitions. The initiative, which started as a two-year pilot, is being rolled out in Scotland wit
Michael Reid, insolvency practitioner and managing partner Aberdeen-based chartered accountants Meston Reid & Co, puts the spotlight on wrongful trading. When the Insolvency Act 1986 became the principal law applicable to corporate insolvency in April 1986, there was much discussion around secti
