News

BT Group is responsible for generating £1 in every £110 produced in the Scottish economy, according to an independent report published today.

Rents in Scotland’s private rented sector (PRS) have continued to rise with an increasing number of families now living in privately rented homes. In its latest report, property letting portal Citylets said a 5 per cent year-on-year increase during the final quarter of 2018 was

Glasgow-based chartered accountants Wylie & Bisset have announced the acquisition of rival practice McLellan Harris and three senior promotions as it targets growth in the SME business sector. The promotion of Catherine Livingstone to director with responsibility for supporting its growing owner

Accountants Chiene + Tait (C+T) have promoted Dave Philp into the new role of head of R&D tax. Mr Philp, based at the firm's main office in Edinburgh, joined C+T in 2012 and has worked for years in its entrepreneurial tax team.

Bank of Scotland has appointed David Henderson to the role of real estate relationship manager following considerable growth within the sector. Mr Henderson, who joined the bank in 1988, has a wealth of experience in the banking sector which will now be put to use in supporting Aberdeenshire's prope

Blair Nimmo and Geoff Jacobs of KPMG LLP have been appointed as joint administrators of Dundee-based building contractor McGill & Co Limited. McGill & Co, established in 1981, provides services to clients in the residential, commercial and industrial sectors from its headquarters in Dundee a

An Edinburgh-based high-end collateral loan company has teamed up with a UK auction house to offer immediate cash advances to people selling valued possessions at auction. Edinburgh Asset Finance, founded by Neil Mitchinson in 2013, has partnered exclusively with McTear's to become the first Scottis

Blair Nimmo and Alistair McAlinden of KPMG have been appointed joint administrators of Edinburgh-based Our Power Energy Supply Limited. The company supplied gas and electricity to around 31,000 customers across the UK and was part of a group of companies owned by Our Power Community Benefit Society,

The UK government has paid out more than £75 million in Scotland over the past five years to cover redundancy payments and unpaid wages for insolvent businesses. Figures released to The Herald following a Freedom of Information request show that over £1 billion was paid out across the UK

A new Scottish Widows life and critical illness product range has been rolled out to Bank of Scotland customers. The "Plan and Protect" products, which were made available to some Halifax customers last October, are now available across the UK to all Bank of Scotland, Lloyds Bank and Halifax custome

A study into Scotland’s most and least affordable cities has found that Aberdeen has seen the biggest boost in home affordability over the last five years. The latest Bank of Scotland research found that average house prices in the city have risen by only 2% to £203,944 in the last five

Accountancy and business advisory firm Johnston Carmichael will highlight the opportunities for investment in Scottish food and drink at a major London event tomorrow. Adam Hardie, partner and head of food and drink at Johnston Carmichael, is a speaker at the Invest in British Business event hosted

A senior American politician has proposed introducing a new tax on online porn to help fund Donald Trump's planned wall along the southern US border.

Grant Thornton has bolstered its Scottish leadership team with the appointment of two new partners. The promotions of Stuart Preston and Neil McInnes come as the business sets it sights on further growth this year in the Scottish marketplace.

London Stock Exchange Group’s (LSEG) international business support and capital raising initiative, ELITE, has welcomed seven Scottish companies in the first exclusively Scottish cohort, as part of the launch of ELITE Scotland.