News

Scotland’s GDP growth is now estimated at 0.6 per cent during the first quarter of 2019, according to statistics announced this week by Scotland’s Chief Statistician. Growth in the latest quarter has been revised up from the first estimate of 0.5 per cent published on 19 June.

Private equity investment in the UK has fallen to its lowest level in more than five years, as heightened economic and geopolitical uncertainty continues to deter vendors from bringing assets to market, stymieing overall activity – according to new analysis from KPMG. The firm's study of UK tr

House prices across Scotland continue to grow with respondents to the monthly RICS Residential Market Survey expecting further price rises for the year ahead.

Forty and fifty somethings in Tayside considering their retirement options have been invited to attend a free information session aimed at providing useful tips for maximising a solid financial future. Led by Thorntons Investments, the sessions entitled ‘Are you on track for the retirement you

Doctors and GPs in Scotland are likely to have to wait for some time before they see any positive changes to their taxation following a commitment by the UK Government to review how doctors’ pensions are taxed, a leading accountant specialising in the medical sector has warned.

Fife Housing Group has secured a £65 million funding package from Royal Bank of Scotland. The deal will enable the Group to refinance its current debt, increase investment in its housing stock and continue to build new, much-needed homes in Fife.

Demand for warehouses in Scotland remained strong in H1 2019 as take-up hits 360,966 sq ft (33,535 sq m), the strongest start since 2016 and representing a 180 per cent increase on the full year figure for 2018, according to data from Savills.

Over the past three months, the average selling price in Edinburgh, the Lothians, Fife and the Borders was £256,730, which was a 4.1 per cent increase compared to last year, ESPC reports. In Edinburgh, the average selling price was £276,582, which was a four per cent increase c

Insolvency law and practice has undergone a number of fundamental changes in recent years, a process that has accelerated with the introduction of the new Scottish insolvency rules in 2006. With companies adopting more intricate structures and operating across more borders than before, the insolvenc

The Austrian government has won a court case allowing it to finally impose a compulsory purchase order on the owner of Adolf Hitler’s birthplace in order to take ownership of the controversial address. The conclusion of a what has been a saga of various legal battles paves the way for a refurb

Outgoing Royal Bank of Scotland chief executive Ross McEwan has this week taken the occasion of a Glasgow speaking engagement to warn that the UK faces a period of “pain and anguish” as a result of Brexit and it should be left up to the Scottish people if they want to take the escape rou

Deloitte has boosted its Aberdeen-based practice with the announcement that Sarah McGavin has rejoined the firm as an audit director. Ms McGavin returns to Deloitte after a four-year spell in industry with MOL Group, an international integrated oil and gas company, where she was accounting and repor

The SNP has ramped up pressure on the government to take steps to prevent corporate money laundering in their response to the UK government consultation on corporate transparency and register reform.

Buccleuch, the company that controls the business interests of the Duke of Buccleuch and his family, has reported that annual profits rose massively from £5.2 million to £23.2 million in the year that proved to be the final one for the duke as chairman. The firm said that while a signifi

Standard Life Aberdeen has reported that clients have pulled a further £15.9 billion from the Edinburgh-based asset management group in the first six months of 2019. Cash inflows of £36.5 billion were undercut by outflows of £52.4 billion as customers defected in the wake of poor p