News

Antonio Horta-Osario Edinburgh-based Lloyds Banking Group made a £1.2bn profit in the first three months of 2015 -an 11 per cent fall year-on-year from the £1.4bn recorded in the first quarter of 2014.

Campaigners have called for the reintroduction of private rent controls as new figures reveal a massive increase in rents in Scotland’s biggest cities. New statistics released this week by Citylets, show that rents in Glasgow have increased faster than anywhere else in Scotland, up by 9.2 per cent

Regional airport operator HIAL has recorded a strong start to the year with an extra 25,000 passengers during the first quarter. Latest figures show that between January and March this year, HIAL’s 11 airports handled 314,136 passengers, an increase of 8.7 per cent on the same point last year.

Paul Hilton The average price of a house in the Capital has risen by more than 15 per cent on the same period last year, according to the latest figures from estate agents ESPC.

Manchester-based asset valuation and recovery support group Winterhill has expanded its UK operations with the launch of new offices in Scotland. Tom McWilliam and James Hulme.

Proposals to build a new 210-bedroom hotel in the North Dee area of Aberdeen city centre have been announced by Drum Property Group.

Challenger bank TSB has revealed the 17 branches that it will close ahead of its £1.7billion takeover by Spain's Banco de Sabadell. There will be five closures in Scotland.

The pressure to have a dream wedding or civil partnership is coming at a high cost for some couples, as almost a quarter (24 per cent) of Scots borrow to fund their big day, according to new research. Debt advice and solutions provider Debt Advisory Centre Scotland found that, on average, Scottish n

Edinburgh-based planar display systems maker Pufferfish has closed a new round of funding in conjunction with the Scottish Investment Bank. The successful drive will see around £600,000 invested in further product development and in targeting increased penetration of markets in the USA and Canada.

An assistant manager from Motherwell who worked in the trust department of accountancy firm Grant Thornton has admitted embezzling £726,000 from trusts that were set up to help charities. Glasgow Sheriff Court heard yesterday how mother of three, Susan McMahon, 34, exploited her position to falsifi

Latest figures from the UK Insolvency Service have revealed that the number of Scottish construction companies forced into compulsory liquidation fell from 727 during 2013 to 578 during 2014. That is a year-on-year reduction of 20 per cent and 58 per cent fewer bankruptcies than were recorded in 200

Mr Adam with Councillor Judy Hamilton and empty homes officer Joanne Saurin. Fife Council has approved the first successful loan from the ‘Empty Homes Loan Scheme’, a scheme available to owners of long-term empty homes with properties that require extensive repairs to bring them up to a lettable

Perth-based Braveheart Investment Group has today announced that it is to terminate its partnership alternative financing platform Crowdcube. A statement from Braveheart said that once two committed investments between the pair are finished, “it will henceforth not be working with Crowdcube either

Edinburgh-based Royal Bank of Scotland has this morning posted a £446m loss for the first quarter of the year. The 80 per cent state-owned lender said results were impaired by the setting aside of provisions for a further £334m in the wake of allegations about foreign exchange manipulation.

Shareholders who gathered at Dundee’s Gardyne Theatre for Alliance Trust’s much anticipated AGM yesterday let out a collective gasp as it was revealed that the board’s protracted - but ultimately doomed - battle with an activist investor had cost the firm £3 million. The company spent a simil