News

Only four percent of decrees and judgments relating to debt in Scotland were marked as satisfied in the third quarter of 2016, compared with 15 percent in England and Wales, according to figures from Registry Trust released today.

The average price of a property in Scotland in August 2016 was £144,561 – an increase of 4.3 per cent on the previous year and an increase of 1.3 per cent when compared to the previous month, according to the latest publication of the UK House Price Index (UK HPI) published by Registers of Scotl

UK inflation has exceeded forecasts after leaping 1 per cent in September from 0.6 per cent in August to reach its highest level for two years.

Glasgow-based Sipp and SSAS provider @Sipp has boosted its assets under management by £150 million with the acquisition of Essex firm Alfa Trustees Limited.

Confidence among the UK’s ‘second steppers’ is on the up according to Clydesdale Bank.

The Scottish Government has called on the UK Government to match its reported desire to keep the City of London and its financial sector in the European single market with a similarly bespoke agreement for Scotland.

Mike Regnier Yorkshire Building Society has announced former Lloyds and Asda boss Mike Regnier as its new chief executive.

Edinburgh-based Standard Life has been ordered by the Financial Conduct Authority (FCA) to review its handling of pension customers dating back to July 2008 amid suspicions of the mis-selling of annunities.

Prices in Scotland's but-to-let rental market have risen by 5.4 per cent in the last 12 months with Edinburgh and Lothians home to the highest rents in Scotland.

Lorraine Kelly The company handling the affairs of Scottish television presenter Lorraine Kelly’s has posted profits of more than £2.2 million for the last 12 months.

Insolvency specialists at Campbell Dallas have been appointed liquidators at a long-established Stirling-based window and door manufacturer which is to cease trading with the loss of 44 jobs.

EY has reported UK fee income growth of 7 per cent to £2.150 billion for the year ending 1 July 2016, up from £2.010 billion for the previous 12 months.

Confidence among Scottish construction employers improved marginally in the three months to the end of September though concerns have been raised over the impact on supply costs following the Brexit vote.

Susie Walker PwC, Johnston Carmichael, KPMG and industry body ICAS have all issued warnings to Holyrood ministers that their current plans for newly-devolved tax powers north of the border could spark an exodus of Scotland’s highest earners.

Glasgow-based football club Celtic has succumbed to pressure from a fan campaign to pay the new living wage of £8.25.