News

David Alexander, Managing Director of D J Alexander A north/south divide in mortgage indebtedness has emerged according to Edinburgh-based property management firm DJ Alexander Ltd.

Elaine Smith MSP The income of Scotland’s top 1 per cent has soared by 89 per cent in the past eight years, according to new analysis from Scottish Labour.

Malcolm Buchanan Scottish private sector output rose at a strong pace at the end of the second quarter, according to June data from Royal Bank of Scotland.

Mark Hughes The European IPO market ended the first half of 2018 with total proceeds of €21.8bn raised from 168 IPOs, an increase of 5 per cent in money raised and 4 per cent increase in the number of IPOs compared to H1 2017, when 161 IPOs raised €20.8bn.

Martin Gill Business output growth is slowing despite record high levels of employment, according to the latest Business Trends Report by accountants and business advisers BDO.

Stuart Preston (centre) and Julie Dallas (front right) with some of the senior members of Grant Thornton’s restructuring and forensic team Grant Thornton UK has expanded its restructuring and forensic offering in Scotland with the appointment of a new executive.

Stuart Brown Barclays has today launched £100,000 unsecured lending – doubling its maximum for unsecured business loans for small and medium-sized enterprises (SMEs) from £50,000 to £100,000.

Scottish independent IT recruitment specialists Be-IT have posted impressive financial results, with gross profit up by 55 per cent and revenue by 40 per cent over the past twelve months.

Court of Session

Shares in Glasgow-based Clydesdale Bank owner CYBG have today hit their highest level on record following an earlier than expected regulatory update promised to strengthen its balance sheet when it takes over Virgin Money later this year.

Blair Nimmo Blair Nimmo and Geoff Jacobs of KPMG have been appointed at Deveron Homes Limited and Deveron Construction Limited after the Huntly-based businesses were placed in administration this week.

Twenty-five Scottish businesses - including one top flight football club - have been “named and shamed” today by the UK Government for failing to pay employees the national living and minimum wage, along with more than 200 other UK employers.

Stephen Gibb Shepherd and Wedderburn, which has offices in Edinburgh, Glasgow, Aberdeen and London, has reported record revenues and profits on the day it celebrates its 250th anniversary.

Shawn Wood New LBTT relief for first-time buyers is the latest in a series of moves by the Scottish Government to help people get on the property ladder, but they will still struggle to compete for properties in city centres in the current climate, writes Shawn Wood, a solicitor at Watermans Legal

Julian Hartley Edinburgh-based challenger bank Tesco Bank is aiming to help more customers buy their home with the launch of a new range of mortgage products.