News

The UK’s financial watchdog the Financial Conduct Authority has today reached out to people with interest-only mortgages to urge them to contact their lender after discovering that many have still not sought guidance on their repayment options.

Howard Archer Mortgage approvals for house purchases fell to a 35-month low in December, marking what was a fourth decline in five months, latest Bank of England figures have revealed.

Stephen Inglis Regional REIT, the office and industrial property-focused real estate investment trust managed by London & Scottish Investments, has announced the acquisition of three office properties across the UK, with the support of a £19 million facility from Royal Bank of Scotland’s Real

Adam McGhee There needs to be a fundamental reappraisal of the way public contracts are awarded to ensure the uncertainty facing Carillion workers and sub-contractors is not repeated, according to the architects behind a host of Scottish university buildings.

Tim Jones More than a quarter of a billion pounds has been raised by independent not-for-profit Allia to help tackle global and local issues such as unemployment, social exclusion and affordable housing – with half that sum (£125 million) being issued in 2017 alone.

Gillian Docherty, Jim McHarg, Neal Juster and Paul Little Glasgow Chamber of Commerce has installed Jim McHarg as its new president for a two-year term.

The former director of an Aberdeen scrap metal firm who admitted running a VAT fraud amounting to in excess of £200,000 has been jailed for 18 months.

Maggie McGhee The accountancy profession should identify more pro-active approaches to continue to improve social mobility, according to a new report from the Association of Chartered Certified Accountants (ACCA).

Chris Orr One of Scotland’s leading livestock auctioneers, Lawrie & Symington, has appointed a new finance director.

Sinclair Dunlop Third sector funder, Inspiring Scotland, has appointed Sinclair Dunlop of Epidarex Capital as chair of its Board of Trustees.

The level of protest votes by shareholders at FTSE 350 company annual meetings has tailed off from a peak six years ago but institutional investors remain concerned about excessive executive pay, a new analysis has found.

Alan Flower New UK Government legislation into payment practices is being overlooked by many Scottish businesses, analysis from KPMG in Scotland has found.

Aberdeen-based Acumen Financial Planning has been announced, for the second consecutive year, as the winner of Citywire, New Model Adviser of the Year Award - Scotland & Northern Ireland Region.

Barry Fraser Grant Thornton is to relocate its Aberdeen operation to the recently-opened, multi-million pound city centre Silver Fin development, as part of a long-term growth strategy in the North East of Scotland.

The Financial Reporting Council (FRC) has today opened an investigation under the Audit Enforcement Procedure in relation to KPMG’s audit of the financial statements of collapsed construction and services firm Carillion.