Scottish law firm Burness Paull has reported profits of £23.8 million on turnover of £57.6 million for the year to July 2018. Latest results filed with Companies House have revealed the firm’s highest-earning partner enjoyed a profit share of £634,000 with
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The latest statistics from the UK House Price Index (HPI) show that the average price of a property in Scotland in February 2019 was £145,762 – a decrease of 0.2 per cent on February in the previous year. This is the first annual decrease in the average price of a property in Scotland si
The Financial Conduct Authority (FCA) has today published figures showing that complaints against financial firms decreased by 5 per cent in the second half of last year, falling from 4.13m to 3.91m. This is the first time the number of complaints has fallen since firms were required to change
Mike Bruce, chief executive at Weslo Housing Management suggests an alternative headline for Scottish Financial News, and offers an informative look at the question of board remuneration in the process. Reading the recent article in which Kelly Adams of RSM considers the question of p
Glasgow City Council has today approved the preparation of a revised business case to reconfigure the Tax Incremental Finance (TIF) scheme for the city centre which the authority says will pave the way for the funding of infrastructure necessary to kick-start new development in the city.
A charity dedicated to helping children and young people with speech, language and communication needs (SLCN) has welcomed funding from the Aberdeen Standard Investments Charitable Foundation. The four-figure sum has been given to I CAN, the children’s communication’s charity, and w
Two Italian students are facing a joint fine of €27 million (£23m) after they were accused of letting a barbecue start a forest fire. According to local media reports, prosecutors say the two 22-year-olds, who dispute the case, lit a barbecue with a group of friends near the famous Lake C
A surprise court ruling has revived the possibility of a £14bn lawsuit against credit card firm Mastercard that could mean millions of Britons may be entitled to a £300 payout.
Scotland is sitting on the precipice of a deep recession into which it could be tipped by a disorderly Brexit, according to researchers at the Fraser of Allander Institute (FAI) at the University of Strathclyde, who predict that such a scenario would mean a loss of more than £1 in every &
Ahead of Royal Bank of Scotland’s AGM in Edinburgh next week, investors in the bailed-out lender have been advised to vote down chief executive Ross McEwan’s £3.6m remuneration package, which has been described as ‘excessive’ by shareholder advisory firm Pirc. Pirc said
Turcan Connell has announced the appointment of Gillian Crandles as its new managing partner. One of the country’s leading divorce lawyers, Ms Crandles is only the second person to occupy this role in the firm’s 22-year history and will combine it with her current position
Employers are being warned by accountants and business advisers French Duncan that share scheme reporting is essential to avoid penalties. As share schemes become a more common way of rewarding staff employers need to be aware of the stringent reporting requirements which these schemes attract.
William Grant & Sons, the owners of Glenfiddich, the world’s biggest-selling single malt whisky, has lost a legal battle with an Indian company they accused of copying their product. The whisky producer, which was founded 132 years ago and now has its headquarters at Strathclyde Business P
Scottish retail sales decreased by 0.2 per cent on a like-for-like basis last month compared with March 2018, when they had decreased by 0.2 per cent.
Kames Capital and Aegon UK will be amongst the sponsors for this year’s Edinburgh Pride taking place on 22nd June and Essex Pride on 15th June 2019.