News

Perth-based energy giant SSE is to cut its standard gas tariff for domestic customers by 5.3 per cent. The new tariff is due to come into force at the end of March and makes SSE the second of the UK's big six suppliers to announce price cuts this winter after E.On last week said it would cut gas pri

A law firm's bid to avoid contributing more than £50,000 to the Scottish Solicitors’ Staff Pension Fund's £10 million deficit has been rejected by the Inner House of the Court of Session.

New research carried out by the Bank of Scotland has revealed that a third of small firms fear the burden of late payments will get worse over the next six months. The Edinburgh-based lender's survey of SMEs found the typical small business north of the border is owed more than £79,000 by customers

New legislation to introduce a supplement on purchases of additional residential properties has been published by the Scottish Parliament today. The Land and Buildings Transaction Tax (LBTT) (Amendment) (Scotland) Bill proposes a supplement on the purchase of additional homes, for example second hom

The number of Scots going bust during 2015 fell by nearly a quarter compared with 2014, according to analysis of the latest Accountant in Bankruptcy figures by Glasgow-based personal debt advisors Carrington Dean. one the UK's largest providers of the full range of personal debt solutions.

John Swinney Finance secretary John Swinney’s attempt to finalise the Local Government Finance Settlement has been met with outrage by councils throughout Scotland as his proposals were branded “draconian”.

David Mundell The North East of Scotland is to benefit from over £500 million of funding to improve its housing and infrastructure.

Latest official figures have revealed that the value of Scotland’s international exports, excluding oil and gas, fell by 3.2 per cent or £920 million to £27.5 billion in nominal terms in 2014. In terms of individual sectors, manufacturers of food products and beverages were the largest source of

Aberdeen Asset Management has announced that while outflows may have slowed they still hit £9.1bn in the last three months of 2015. The bad news is the latest to hit the firm as it continues to be battered by the slowdown in emerging markets.

Michael Moore PwC has appointed former Scottish Secretary Michael Moore to boost its senior team, advising on the devolution agenda across the United Kingdom.

Gross mortgage borrowing of £12.4 billion in December was 24 per cent higher than a year ago and overall new borrowing in 2015 was some 6 per cent higher than the previous year, according to figures released today by the British Bankers Association. The number of mortgage approvals in December was

The number of Scottish firms undergoing business insolvency in the whole of 2015 was down 7.6 per cent during 2015 according to analysis of the latest figures by restructuring, recovery and insolvency boutique mlm Solutions. The latest Accountant in Bankruptcy (AiB) figures show that 828 Scottish fi

Clydesdale Bank owner National Australia Bank has announced that its shareholders have overwhelmingly voted to approve the sell-off of the Glasgow-based lender. The news now clears the way for a partial float of the business that has previously been scheduled to take place in London next week.

The last three months of last year saw house prices in Aberdeen city and suburbs decreased by 2.5 per cent, according to latest figures from the Aberdeen Solicitors’ Property Centre Limited. The statistics for the fourth quarter of 2015, which were compiled in cooperation with the University of Ab

New Chamber President Neil Amner with his Board (l-r): Vic Emery, Suzanne Burns, Amanda McMillan, Paul Little, Brian Fulton and Jim McHarg. Glasgow Chamber of Commerce has installed Neil Amner as its new president for a two-year term.