News

Housebuilder Persimmon has reported a dip in profits as a focus on improving its quality of homes and services saw a decrease in the number of homes sold.

Proposed changes to stamp duty land tax rates and ways of charging will not address housing issues and could make things worse, a property management firm has argued. Apropos by DJ Alexander said recent stamp duty suggestions by Prime Minister Boris Johnson and his Chancellor Sajid Javid are using t

A programme board has been established by economy secretary Derek MacKay to ensure the effective completion of the two Caledonian Maritime Assets Ltd (CMAL) ferries being built at Ferguson Marine shipyard.  Following an agreement reached with administrators to take the Ferguson Marine shipyard

Free financial advice service Money Talk Team has helped low-income households save more than £6 million, the Scottish Government has revealed.

Calls to raise the state pension age to 75 will prevent many Scottish people from being able to retire, Age Scotland has warned.

A prominent lawyer has admitted his career is over after pleading guilty to bigamy and forgery of divorce documents.

Wealth management firm Tilney has entered negotiations to purchase its rival Smith & Williamson, creating a firm with revenue of nearly £500 million and assets under management of over £45 billion. In a statement this morning, Tilney, which has three offices in Scotland, confirmed th

The Scottish Building Society announced today that leading banker Andrew Hastings has joined its board as a non-executive director. Mr Hastings' eminent and successful career began in 1985 at the Royal Bank of Scotland and after a period at BNP Paribas Ireland, he proceeded to lead Barclays Ban

Housebuilder and developer Mactaggart & Mickel has promoted group financial director Paul McAninch to the new role of chair of the company’s Investments arm, with responsibility for around £80 million of assets. To date the Investment Fund has provided growth capital for more than 50

The Information Commissioner's Office (ICO) has provided advice to Royal Bank of Scotland in relation to a historic data breach affecting over 1,600 NatWest customers, according to reports. The data breach, which relates to files left in a former NatWest employee's home for over a decade after she l

An alliance of business owners has called for a £1 billion Royal Bank of Scotland dividend to be used to help fund the planned Business Banking Resolution Service. The alternative dispute resolution service is being set up later this year by seven major banks and small business representatives

The value of the taxpayer's stake in BiFab fabrication yards has been cut by a dramatic £13 million.

Two Scottish digital archiving businesses have joined forces to disrupt the global film digitisation industry and take advantage of a growing international market, thanks to investment from the investment syndicate Kelvin Capital and the Scottish Investment bank, the investment arm of Scot

Scottish tax expert Kirsty Paton has been appointed to a new Enterprise Investment Scheme Association (EISA) Women in Venture Capital working group. As an entrepreneurial tax specialist at accountants Chiene + Tait (C+T), Ms Paton has been appointed to a newly formed committee aimed at inc

On 9 December 2019, the senior managers and certification regime (SMCR) will come into force for all Financial Conduct Authority (FCA)-regulated asset management firms, replacing the old approved persons regime. Sarah Leslie tells practitioners what they need to know. Final policy statement