News

People in Scotland are among some of the best savers in the country, according to the 12th annual Scottish Widows Retirement Report.

House prices in east central Scotland are continuing to increase year-on-year, despite predictions that Brexit would have an effect on property prices, according to the latest analysis from estate agents ESPC.

The Scottish buy-to-let market has remained strong throughout 2016 and continues to offer competitive investment yields for landlords, according to property consultants CKD Galbraith.

Scotland’s buoyant food and drink sector is set to increase employment, investment, exports and research and development spending in the next five years, according to a new survey from Bank of Scotland published today.

John Watson A new loan fund open to small and medium-sized businesses in the west of Scotland has been launched by the Glasgow Chamber of Commerce.

Nicola Sturgeon A new £500 million package of financial support for private sector business investment has been announced by First Minister Nicola Sturgeon as she set out plans to increase economic growth in her Programme for Government.

Latest data released today by the Financial Ombudsman has revealed that it received 4,186 complaints about payday loans in the first half of the year.

Thirteen of Scotland’s leading business organisations have today written a joint letter to the Scottish Government’s Cabinet Secretary for Finance and the Constitution seeking a reversal of the decision to double the Business Rates Large Business Supplement from 1.3p to 2.6p.

Nigel Anderson A North-east financial firm has added to its team and its geographical reach by appointing a new financial advisor.

Deutsche Bank yesterday downgraded stocks in Edinburgh-based banking giants Royal Bank of Scotland and Lloyds to adjust for what it said was a “lower-for-longer” environment.

Control over VAT should be devolved to Holyrood after the UK leaves the European Union (EU), a think-tank has suggested.

Paul Charmatz A higher proportion of loans to businesses in Scotland are now being made by challenger banks compared with the UK as a whole.

Glasgow-based Clydesdale Bank has launched of a range of new mortgages, including a five year mortgage with a rate of 2.44 per cent which it claims as its ‘best ever’ such deal.

Rosalie Chadwick By Rosalie Chadwick, partner and head of corporate finance at Pinsent Masons LLP

The Nationwide is to launch a 95 per cent LTV tracker deal for home buyers with a small deposit.