News

Finance Secretary Derek Mackay's decision to freeze the threshold for the higher rate of income tax at £43,430 with the effect of widening the so-called "tax gap" with the rest of the UK, could put some people off coming to work in Scotland, the Scottish Fiscal Commission has said. W

Martin Gilbert and Keith Skeoch, the co-chief executives of Edinburgh-based Standard Life Aberdeen, have both upped their stake in the financial giant this week. Stock exchange announcements shows Mr Gilbert purchased 50,000 shares in the company at 237.7p a share yesterday, while Mr Skeoch purchase

Media company STV Group PLC has announced the appointment of Lindsay Dixon to join the board as chief financial officer with effect from the second quarter of 2019. Ms Dixon will join the company from her current role at distillers William Grant & Sons Ltd where she covers the position of group

Edinburgh-based Edinburgh Worldwide Investment Trust has today said it will not pay a dividend this year after publishing results for the year to 31 October showing its net asset value per share increased by 14.9 per cent and the share price by 19.0 per cent over the period. The performance stands f

Scotland’s leading economists are predicting steady growth in the event of an agreed Brexit deal, but urged that focus must remain on developing a growth strategy which boosts productivity, regardless of the outcome of political negotiations, says KPMG. Fraser of Allander’s latest econom

Tim Wishart, head of Scotland and the North of England at Psigma Investment Management, makes the case for investors to hold their nerve in uncertain times  

Fierce competition on the market, and fears interest rates could rise, have set homeowners scrambling to lock in low mortgage cost as it emerged 50,500 remortgaged in October – the highest number for a decade. A total of £9.2bn of mortgages were shifted, up 23pc on a year earlier.

Between July and September the average price of a residential property in Scotland was £181,572, a 1.8 per cent increase compared with the same period the previous year, according to quarterly statistics released by the Registers of Scotland (ROS).

GVA and Graeme Faith & Co have secured a deal which will see Scotch whisky business Chivas Brothers let the entire building at 2-4 Blythswood Square, Glasgow. Acting on behalf of the landlord, Local Authorities Mutual Investment Trust (LAMIT) c/o CCLA Investment Management Ltd, GVA alongside joi

Scotland's finance secretary Derek Mackay said "now is not the time to cut tax for the highest earners at the expense of our public services" as he unveiled a Scottish budget yesterday in which he ruled out a tax break for higher earners similar to that handed out earlier this year by the UK c

Scottish taxpayers who pay their taxes through self-assessment face extra problems as a result of the continued divergence in income tax rates, tax technicians have warned. The Association of Taxation Technicians (ATT) said that Scottish taxpayers in self-assessment have been experiencing problems c

Yesterday, as part of Scotland’s 2019/2020 Draft Budget, Scotland’s Finance Secretary Derek MacKay announced cuts to rates aimed at boosting town centres as part of a £750 million package which have been welcomed by business leaders.

Proposed reform of limited partnerships to tackle abuse by criminal gangs is likely to reduce money laundering without preventing their legitimate commercial use in Scottish business, according to law firm Addleshaw Goddard. 

Alan Meek, a partner in Morton Fraser’s corporate team, delves into the consequences of the Court of Appeal case that brought into question the status of a director's interim dividends when a company goes under  

The health of SMEs in Scotland has improved slightly in the third quarter of 2018, according to latest research by Clydesdale Bank owner CYBG, in partnership with leading economic consultancy, Centre for Economics and Business Research (Cebr). However, the index score remains below the levels record