Search: financial focus

The volume of Scottish home sales fell by almost half in January according to an analysis of the latest Scottish Government data by property firm Apropos. The firm found that residential property transactions in Scotland fell by 48% between December and January from 13,570 to 7,050.

Over half of UK companies are planning on hiring more staff in the first quarter of 2021, according to the figures released by CIPD.

NatWest Group has posted its annual results delivering what chief executive Alison Rose has called a "resilient performance" despite the bank's impairment charge of £3.2 billion. For the year ended 31 December 2020, NatWest Group's operating profit before tax and the impairment charge was &pou

Almost 450 executives at Barclays each received annual pay packets of more than £1 million, despite a 30% drop in the bank's profits. While Barclays chief executive Jes Staley received a 32% pay cut to £4.01m, the bank’s annual report released yesterday has revealed that total bonu

Harry Nimmo, investment leader, smaller companies at Aberdeen Standard Investments (ASI), discusses why active investing outperforms passive. There are 172 actively managed funds with a track record over a 10 year period with combined assets under management (AUM) of around £156 billion. 73 (4

UK Government borrowing hit £8.8 billion in January making it the highest January figure since record began in 1993, according to new figures from the Office for National Statistics (ONS).

Edinburgh-based start-up Label Ventures, which connects global brands and businesses to creative and technology teams, has recorded £2 million in revenue in their first year of trading, all whilst in the face of the coronavirus pandemic. Now the business is targeting massive growth in 2021, in

The Chancellor must avoid using the property market to fund coronavirus costs according to property management firm Apropos. The firm believes that the Chancellor is about to implement widely trailed increases to capital gains tax (CGT) which will have an unprecedented negative impact upon the priva

Retail, hospitality, leisure and aviation businesses will pay no rates during 2021-22 under proposals outlined yesterday by finance secretary Kate Forbes.

Bereaved families dealing with banks to settle the finances of loved ones have suffered “unacceptable” delays and administrative errors throughout the coronavirus pandemic, according to research carried out by consumer body Which?.

Demand for detached houses in the UK has boomed during the coronavirus pandemic, pushing prices three times faster than for flats, according to new figures released by Halifax.

Audit, tax and consulting firm RSM has predicted that insolvencies will double in 2021 when government support, such as the furlough scheme and bounce back loans, ends. According to the Insolvency Service, there were 12,557 company insolvencies in 2020, down on the 17,225 the previous year.

The UK Government has announced a £20 million SME Brexit Support Fund to support small and medium-sized businesses (SMEs) adjust to new customs, rules of origin, and VAT rules when trading with the EU.

Dräger Safety UK, part of The Dräger Group, an international leader in the fields of medical and safety technology, has announced the launch of Dräger Hire, a new UK-wide safety equipment rental service. The £2 million 2,000-item rental fleet will be operated from the firm&rsquo

A year on year fall of 54% in the number of personal insolvencies in Scotland (bankruptcies and protected deeds) due to the introduction of emergency legislation in April 2020 is to be welcomed but is likely to be short-lived, Blair Milne, a restructuring and insolvency expert with Azets has warned.