Edinburgh-based private bank Hampden & Co has reported strong annual results for the year to 31st December 2019 with income up 36% to £8.7 million from £6.4m in 2018. The bank has also reported that client deposits have grown by 53% to reach £409.4m (2018: £267
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Barclays and Santander have seen profits drop dramatically in the first quarter of 2020 as the two banks prepare for the economic difficulties stemming from the coronavirus pandemic. Profits at Barclays have dropped by 38% as its pre-tax profits for the three months to March stood at £913 mill
The Scottish Government is to fully fund a new infrastructure programme for pop-up walking and cycling routes or temporary improvements to existing routes to better enable physical distancing
The Law Society of Scotland has today announced a £2.2 million package of financial support for the solicitor profession in response to the coronavirus. The professional body’s governing Council has agreed that, for the 2020/21 practice year:
Scotland’s economy grew by 0.2% during the fourth quarter of 2019, according to statistics announced today by the chief statistician covering the period from October to December. Growth in the latest quarter has not been revised from the first estimate published on 18 March. Annual growth for
Scotland's chief statistician has released statistics showing that the amount of retail goods bought in Scotland fell by -1.1% during January to March 2020.
UK GDP growth is expected to range from around -5% to -10% for 2020, according to new analysis from PwC. This estimate reflects the growing body of evidence that the short term decline in activity due to the lockdown will be greater than originally anticipated.
A Cartier bracelet in the brand’s Tutti Frutti design of the art deco era has sold for $1.34 million (£1.08m) in an online Sotheby’s auction.
KPMG has bolstered its infrastructure, government and healthcare management consulting team in Scotland with the appointment of David Grimson as director. Mr Grimson will focus on supporting public sector clients to improve how they operate, use technology and data to better deliver positive outcome
The Scottish Government is to convene regular meetings of the strategic leadership group on oil and gas and energy transition with a renewed focus to work in partnership with the industry to identify actions to support the sector and its workforce during the coronavirus crisis. The oil and gas secto
RICS has urged the Scottish Government to re-examine commercial property use classes to aid flexibility of use going forward, as the Q1 2020 RICS Commercial Market Survey results point to a deterioration in market sentiment in Scotland, particularly in retail. Following what appeared
Blair Nimmo and Geoffrey Jacobs of KPMG were appointed as joint administrators of Central Building Contractors (Glasgow) Limited yesterday. Established in 1971, CBC is a privately owned, family-run Scottish construction company, providing a range of construction design, development and maintenance s
Scotland’s digital technology sector continued to grow in 2019 with an increase in sales and profit margins, according to the latest annual industry survey conducted by ScotlandIS.
The Competition and Markets Authority (CMA) has said that it will take companies to court if they do not refund people for holidays and weddings which have been cancelled because of the coronavirus pandemic.
Lloyds Banking Group's pre-tax profits have plummeted by 95% to £74 million, a drop of over £1.6 billion from the same three months of 2019.