News

The Financial Conduct Authority (FCA) has fined Lloyds Bank, Bank of Scotland and The Mortgage Business a total of £64,046,800 for failures in relation to their handling of mortgage customers in payment difficulties or arrears.

Savills Scottish rural agency team has revealed that Kildrummy Estate in Aberdeenshire has successfully been sold.  The sale of the holding company, at offers of over £11 million, generated a significant level of interest and attracted viewers from the UK and abroad. 

Sixth form girls at Auchinleck Academy have beaten off stiff competition to scoop first place in the inaugural Growing Future Assets Competition. Pitching Illumina Inc, a cutting edge medical device company, the girls demonstrated innovative, strategic and analytical thinking, when presenting their

Estate agents Knight Frank has announced seven new promotions across its commercial operations in Edinburgh and Glasgow. Three senior promotions have been made in the valuations team, with Neil Kirk made partner in Edinburgh, while Matthew Aitchison and David Findlay – based in the Scottish ca

The Royal Bank of Scotland and NatWest Markets (NWM) have announced a trio of appointments to its executive management team and board, with Robert Begbie being appointed as the lender's chief executive officer, David King appointed as chief financial officer and Donal Quaid appointed as treasurer. M

The UK economy is beginning to show slow signs of recovery after lockdown measures have been eased in the UK, according to the Bank of England (BoE) governor Andrew Bailey.

An expert panel commissioned First Minister Nicola Sturgeon has recommended that Scots of working age are paid £11,000 a year as part of a new £186 million experiment in adopting a universal basic income. The report compiled by local authorities has insisted that a pilot of the radi

Following the reopening of the housing market in England May 13, the May 2020 RICS Residential Market Survey unsurprisingly saw a slight improvement in the outlook for sales over the coming twelve months across the UK as a whole.

The Scottish Government has set a provisional date for tourism businesses to resume operations. The resumption of tourism businesses on July 15 is dependent on public health advice and progression to Phase 3 of the Scottish Government lockdown route-map.

UK companies do not have the resilience or resources to handle a no-deal Brexit after the onslaught of the coronavirus crisis, according to Carolyn Fairbairn, the outgoing boss of industry body the CBI. Ms Fairbairn said a CBI member had likened a no-deal to "setting the shed on fire" while the hous

Leading corporate dealmaker Frank Blin and a former airline boss Paul Simmons have joined the Beattie Communications and Wright, Johnston & Mackenzie partnership which is helping companies fight the devastating commercial impact of coronavirus. The primary objective of the Beattie Comm

It has been revealed that the Ministry of Defence (MoD) has wasted a total of £9 million paying rent on demolished properties, funding management consultants to do nothing and other pointless payments in the past three years.

Scotland is facing the "most severe economic downturn in modern times" as the continuing impact of the coronavirus pandemic is expected to see the Scottish economy contract by 6.8% in 2020, according to KPMG UK’s latest quarterly Economic Outlook. The two Scottish local authority are

The Scottish Professional Football League Trust (SPFL Trust) has received the single biggest personal donation in Scottish football history as James Anderson, a fund manager and partner with Baillie Gifford, has gifted the charity £3,125,000 inclusive of gift aid.

The Institute of Chartered Accountants of Scotland (ICAS) has launched a new paper which calls for several tax reforms and more informed public debate. The Future of Taxation in the UK – published by the ICAS Tax Board – identifies an unwillingness from the government to increase the ma