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Last month saw the rate of mortgage lending by UK high street banks hit its lowest level in four years, even though the value of loans is rising, according to latest data released today by UK Finance. The total number of mortgages approved in December fell to 73,029 on a seasonally adjusted basis, t

Around 70,000 fewer people are now employed in UK shops than just a year ago as a result of the decline of the UK High Street, a British Retail Consortium survey has revealed.

The Premier League and its clubs supported close to 100,000 jobs as well as contributing £7.6 billion to UK Gross Domestic Product last year, new data from EY has revealed today.

The return of UK funds and Glasgow’s best year for offices in more than a decade saw levels of investment in Scottish commercial property outperform the five-year average, according to analysis from Knight Frank. More than £2.5 billion was invested in commercial property - including offi

Scottish Borders Council (SBC) will next week consider a report on the final business case for the Borders Innovation Park ahead of its submission to access £15 million of funding. The Borders Innovation Park at Tweedbank will help deliver much needed high quality business space in the ar

A new initiative which will see the City of Edinburgh Council buy tenement flats from owners and rent them back to ensure essential repairs are carried out are to be progressed. Under the proposals, the local authority would offer to purchase the former council properties, with their owner

An accountancy firm which had offices in Elgin, Huntly and Moray has closed down with its owner and founder saying the company had been hit by “challenging business conditions”. The demise of Faith Simpson Accountants, which serviced a variety of clients across the north-east in man

Scottish accountants and business advisory firm French Duncan LLP has reported a bumper year advising on 25 deals worth almost £200m in 2018 in the private and public sectors. Deal values ranged from a few million up to £60m across various sectors including engineering, hotels &

A new prospectus, created by industry, to showcase the strength of Scotland’s financial services sector is to be formally launched at the Guildhall in London tonight. The document will be shared publicly for the first time at an appropriately themed Burns Supper event, hosted by the Lord Mayor

The Scottish Parliament will next week be invited to agree to the appointment of Caroline Anderson as the new commissioner for ethical standards in public life in Scotland. The commissioner is responsible for investigating complaints about the conduct of MSPs, local authority cou

The management team at Glasgow-based VWM Wealth has announced that they have completed a management buyout led by senior staff members.

Barclays is taking on a new 700 desk office site in Glasgow as it prepares for wider expansion in the city.

A flood of thousands of complaints have been lodged with law firms and the Financial Ombudsman Service over self-invested personal pensions (Sipps), leaving pension funds facing penalty costs totalling hundreds of millions of pounds. According to The Times newspaper, claims lodged with the ombudsman

Lloyds Bank has launched a new way for families to help their children achieve their top life goal of owning their own home, while rewarding family members with what it claims to be a market-leading savings rate.

Forty-five workers employed by Glasgow construction and fit-out company Pacific Building Ltd have started the New Year in new roles as joint owners of the business. Managing director and majority shareholder, Brian Gallacher, said the decision to move to employee ownership was taken to lay