News

Last year saw a 6 per cent rise in £1m property transactions in Scotland, according to Edinburgh estate agents Rettie & Co. However, the increase represented a more modest recovery than the overall market, where transactions rose by 12 per cent.

John Brodie Scotland’s largest independent co-operative, Scotmid, has announced a £1m rise in operating profits today, reaching £5.5m for the year ending 31 January.

Andy Clarke A supermarket price war and low fuel costs have left the average Scot £12 a week better off compared to this time last year as the UK continues to enjoy “no-flation”, according to latest figures.

Charles Barnett The global financial crisis has put risk management at the top of agenda for law firm bosses and the next five years will see a radical departure from the traditional law firm C-suites, according to a new report from accountancy and advisory firm BDO.

Larry Flanagan Almost £100 million of cash “squirrelled away” by Scottish colleges into “foundations” after a change in accounting rules has been targeted by teaching unions and student leaders who claim the cash could be put to “better use” as cuts ravage higher education.

Roger White The chief executive of Irn Bru makers AG Barr was paid almost £1.1 million last year after increases in his annual and long term bonuses.

Nicola Sturgeon First Minister Nicola Sturgeon has taken the unusual step of writing to Alliance Trust chief executive Katherine Garratt-Cox to offer her backing for the current board’s position in resisting an assault by a US hedge fund to impose three new directors at the Dundee-based wealth man

The Council of Mortgage Lenders has reported gross mortgage lending reached £16.5 billion in March - a 12 per cent decrease from the last three months of 2014, and a 3 per cent decrease on the first quarter of 2014. The figure was 21 per cent higher than February (£13.6 billion), and 7 per cent hi

The owner of The Belfry has made a formal offer to buy Gleneagles that values the iconic Perthshire golfing destination at more than £150m. KSL Capital Partners, a US-based private equity firm, is one of two remaining bidders for the venue of last autumn's Ryder Cup.

Scottish VAT fraudster Michael Voudouri’s has been frustrated in his attempt to hold on to his £1 million Stirlingshire house. The Crown Office will now sell the luxury home in Bridge of Allan that Voudouri, 47, left behind when he fled to Northern Cyprus in 2012 following his conviction for runn

Sarah Speirs Scottish construction firms are still being prevented from growth because of persistent difficulties in sourcing skilled workers, a survey has found.

Joe Stather A Granite City with a more diverse economy in the wake of the plunge in oil prices may make the Aberdeen hotel market more attractive to investors, according to property consults CBRE.

James Watt and Martin Dickie Crowdfunding pioneer and Scotland’s largest independent brewer, Brewdog, has announced that it has embarked on the largest ever equity crowdfunding drive attempted in the UK in a bid to raise £25 million.

New rules making it easier for people to switch their current accounts to other banks has hit two of Scotland’s major lenders hard, according to new figures. Royal Bank of Scotland and Clydesdale have lost a total of almost 18,000 customers in a mass exodus prompted by the new system.

Richard House Edinburgh-based Standard Life Investments has launched a fourth strategy in the suite of Emerging Market Debt (EMD) products it currently has available to retail and institutional investors.