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The merger of Aberdeen Asset Management and Standard Life has completed today, forming Standard Life Aberdeen plc, one of the world’s largest investment companies with assets under administration of £670 billion (€737 billion, US$871 billion).

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Footfall in Scotland fell by -0.4 per cent in July, the third decline since January, against a previous three-month steady growth.

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Fraser Sime Scotland’s private sector saw output rise at the fastest pace in nearly three years, reflecting stronger expansions in both manufacturing and services, latest data from the Bank of Scotland has revealed.

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John Douglas, the 21st Earl of Morton, who died last year at his Dalmahoy estate near Edinburgh, left an £11 million fortune to his family, it has emerged.

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Lack of new housing stock, the effect of LBTT on higher-value properties and a fall in the number of new instructions have left the Scottish property market stagnant in July, according to the latest RICS residential survey of the market north of the border.

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