News

Simon Rubinsohn Latest figures have revealed a continuing shift in Scotland's Buy-to-Let market in the wake of tax changes which are still in the process of being implemented, as smaller scale landlords exit the sector, the Royal Institute of Chartered Surveyors has reported.

Deborah Newberry The UK risks a nightmare ‘no deal’ scenario if political progress cannot be made, says global law firm Kennedys in its latest insurance industry report, which identifies six post-Brexit requirements for the market to secure following the announcement of the implementation period

John McGrane The British Irish Chamber of Commerce today called for the establishment of an EU-wide Brexit Mitigation Fund for industries and regions negatively impacted by Brexit and urged the government to step up its efforts to protect the economy against the worst impacts of the UK’s withdrawa

Impact First, the ‘profit with purpose’ fund launched by social impact investor SIS Ventures, has secured 50 per cent of target capital commitments within the first two months of launch.

An additional £5 million has been made available to the supply chain in Scotland to help maximise the economic benefit from the decommissioning of North Sea infrastructure.

Iain Mackay (Image courtesy of HSBC) Big pharma firm GlaxoSmithKline has announced the appointment of Aberdeen-trained Iain Mackay as its next chief financial officer (CFO).

Professor Lorne Crerar (left) and Martin Darroch Harper Macleod has marked its 30th year in business by announcing record profits in its most recent financial year – its seventh consecutive year of profit growth.

Recent changes to the tax treatment of buy-to-let investments, as well as the introduction of new regulations by the Prudential Regulation Authority affecting portfolio landlords, has led to over half (53 per cent) of Scottish high net worth investors no longer viewing property as a good investment

Sebastian Burnside Permanent staff placements increased sharply during July, according to the latest Royal Bank of Scotland Report on Jobs for Scotland.

Lorraine Garvie Five-star resort Fairmont St Andrews has appointed Lorraine Garvie as commercial director at Scotland’s five-star luxury resort.

Craig Jamieson Craig Jamieson, director at Barclays Wealth Management, has been appointed chair of the Institute of Directors Glasgow branch, while Donald Forsyth, partner at accountants Saffery Champness, has taken on the chairmanship for IoD Highlands and Islands.

Allan Wernham Tax and law firm CMS has announced the appointment of Allan Wernham as its managing director in Scotland.

David Brown Prime Minister Theresa May and First Minister Nicola Sturgeon have formally sign off a deal that will bring £1.3 billion worth of investment into the South East of Scotland.

Dublin Baillie Gifford has disclosed that Dublin is to be the location for its European subsidiary post-Brexit.

John Flint Europe’s biggest bank HSBC has announced a 4.6 per cent increase in pre-tax profit for the first half of 2018.