News

Permanent staff placements fell for the first time in two-and-a-half years in Scotland last month, according to the latest Royal Bank of Scotland Report on Jobs. The bank said there were signs firms were looking at short-term staff to fulfil roles, as temp billings returned to growth.

Aberdeen Standard Investments has completed the setting up of a joint venture between it and Virgin Money. ASI said the joint venture will give it the opportunity to offer investment solutions to Virgin Money's parent company Clydesdale Yorkshire Banking Group's combined customer base of six mi

One in ten properties in Edinburgh city centre are listed on Airbnb, according to a new investigation.

Care home operator, Renaissance Care has secured an additional £600,000 of funding from Barclays to accelerate its long-term growth plans and finance further improvements to its portfolio of 14 care homes.  This deal has followed on from a previous funding package of £4.5 milli

A man has admitted his involvement in an £86,000 forklift ram-raid on a Co-op store in the border town of Gretna.

The number of companies entering into administration, receivership or liquidation in Scotland increased by more than 45 per cent (45.72 per cent) in the first six months of 2019 when compared to the same period last year, according to new analysis from KPMG. There were a total of 698 corporate insol

Borders and Berwickshire-based accountants Rennie Welch has significantly expanded its Berwick-on-Tweed practice following a merger with local firm Optimus Accounting. Patrick Evans, who founded Optimus in 2011, will now join Rennie Welch as a partner bringing his team of staff to the firm.

Blair Nimmo and Alistair McAlinden, of KPMG have been appointed as joint administrators of A1 on Friday 2nd August 2019. Operating from leasehold premises in Aberuthven (near Perth), A1 sold and rented a range of motor homes to the general public under the Scot Motorhomes brand.

Grant Thornton UK has promoted Joanne Brown to partner to lead its public services offering in Scotland. With over 18 years’ experience providing audit and assurance services to a range of public sector organisations, Ms Brown’s most recent role was head of the public services assurance

The British banking system is an ‘accident waiting to happen’ according to a new report released this week by the Adam Smith Institute, nearly 12 years after the run on Northern Rock heralded the beginning of the financial crisis.

Fife fintech company PaySend which specialises in international transfers has closed its latest crowdfunding drive after more than doubling its target. The crowdfunding effort, launched with platform Seedrs, saw Kirkcaldy-based PaySend aim to raise £4.26 million for a 3.3 per ce

Welcome to the latest round-up of activity from the last four weeks in Scotland’s dynamic commercial property sector. For sponsor or advertising opportunities contact Jeff Anderson on 01292 479 443 or email jeff@scottishnews.com.  

In a further sign that low interest rates are the new normal, Virgin Money has expanded its mortgage proposition by launching a new range of long term fixed rate residential and buy-to-let products, offering borrowers interest rate certainty for up to 15 years. The new products come with the same fl

UK digital challenger bank Monzo has warned that 480,000 of its customers' bank card PINs were accidentally stored in plain text in log files recording user interactions with two of its mobile app features. The log files themselves were encrypted and Monzo says that no one outside the company had ac

The UK new car market declined again in July, with 157,198 vehicles leaving showrooms, according to figures released by the Society of Motor Manufacturers and Traders (SMMT).