News

Canadian insurance giant Canada Life has acquired Dundee City Council’s headquarters in a £23.8 million “leaseback” deal. The local Evening Telegraph newspaper has reported that the authority is handing Dundee House over to the insurance heavyweight in an arrangement tha

Audit, tax and consulting firm RSM has been named the most active M&A financial advisers in Scotland in the first half of 2019 – moving from fourth to first place in the last quarter. In total, RSM’s corporate finance team in Scotland has helped to close nine deals in 2019, including

Aegon UK, which employs 2,2400 staff at its Edinburgh Park headquarters, including 286 in the Kames Capital-branded asset management arm, has posted half year results for the period ending June 30, 2019, revealing net outflows have hit £2.6bn suggesting advisers have been leaving the firm

A former personal assistant to JK Rowling, who was found guilty of embezzling almost £19,000 from the Harry Potter author and order to pay it back, has now declared herself bankrupt. Ms Rowling has now hit out at her ex-PA as she claims she has not received any of the money taken from her whic

Labour productivity in Scotland, measured by output per hour worked, increased by 1.1 per cent in real terms (inflation adjusted) during the first three months of 2019 compared to the same quarter last year.

Life expectancy in Scotland has increased over the past three decades but has stalled in recent years, according to a new report.

An event for Black, Asian and ethnic minority professionals to come together, expand their network and hear from an inspirational speaker will be held in Edinburgh next month.

Actor Steve Coogan, who plays the famous TV character Alan Partridge, has convinced a court to spare him from a lengthy driving ban because it would leave his co-workers on the show out-of-pocket. Mr Coogan, 53, told Crawley Magistrates' Court that a six-month driving ban would force him to can

Anderson Anderson & Brown LLP (AAB) has announced that its dedicated Business Advisory team has secured £1 million of new business wins during 2019 so far. A flurry of new business wins by the team has resulted in this rise in fee income from last year and means it is on target to achieve

Atom Bank, iwoca, Modulr Finance and The Currency Cloud Group have each been awarded £10 million from the Banking Competition Remedies Board  - the fund spun out of the EU's deal with bailed-out Royal Bank of Scotland. The cash award comes from the Capability and Innovation Fund Pool C, o

Burness Paull has reported a rise in turnover for its financial year ending 31 July 2019, posting an annual income of £58.5 million – up two per cent from £57.6m in 2017/18. Profit at the firm was £22m, down eight per cent from £23.8m. Burness Paull chair Peter Law

Britain’s inflation rate unexpectedly overshot the Bank of England’s 2 per cent target on Wednesday as annual consumer price inflation rose to a three-month high of 2.1 per cent in July from 2.0 per cent in June, the Office for National Statistics has said.

M&G Prudential has today announced its intention to list its shares under the name M&G plc when it demerges from Prudential plc later this year. As an independent company, M&G plc will have a single corporate identity and will continue with two customer-facing brands:

The latest statistics from the UK House Price Index (HPI) show that the average price of a property in Scotland in June 2019 was £151,891 – an increase of 1.3 per cent on June last year. Comparing with the previous month, house prices in Scotland rose by 0.7 per cent between May 2019 and

Glasgow-based Ambassador Real Estate, part of Ambassador Group, advised by Savills and supported by their capital partner Longbow, has completed the £28m purchase from Oval Real Estate of Broadway Park, in the well-established Edinburgh’s South Gyle Business District. Broadway Park which