News

Thomas Ashdown The removal of no fault grounds for repossession and the spectre of rent controls in city hotspots will result in an exodus of landlords from the Scottish private rented sector (PRS), new research has suggested.

Sandy Manson Johnston Carmichael has been announced as a finalist in the Scottish Accountancy & Finance Awards for an eighth consecutive year.

Martin Gilbert Aberdeen Asset Management grew revenue, profit and assets under management in the six months to the end of March, as last year’s acquisition of Scottish Widows Investment Partnership buoyed half year results.

Scotland’s population reached its highest ever total in 2014, new statistics have shown. Figures from the National Records of Scotland (NRS) show that the estimated population of Scotland was 5,347,600 in mid-2014.

Aberdeen-based accountants Anderson Anderson & Brown (AAB) has announced two further key senior appointments. Tracy Lowe and Catrina McRobb.

David Macmillan Edinburgh-based Aegon UK has announced that its managing director is to leave his current role to take up a new position within the Dutch group.

The first quarter of 2015 saw house prices in Aberdeen and its suburbs increase by 0.5 per cent, according to latest figures. The rise was against a downward trend of a 2.9 per cent fall across Scotland over the same period.

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