News

The ‘No’ result of the independence referendum was worth almost £9 billion to Scotland last year, research commissioned by an anti-independence campaign group has claimed. Scotland in Union hired finance consultants Europe Economics to examine the fiscal position of the country based on the lat

1825, Standard Life’s wholly-owned financial planning business, has today announced it has entered into an agreement to acquire Almary Green with assets under advice of around £400m. The Edinburgh-based insurance giant launched 1825 in February 2015 in response to fundamental regulatory and marke

Accountancy firm, Scott-Moncrieff, has announced that it has been named in the recent Audit Scotland external audit tender, as the only firm to secure appointments in all four lots. Overall, seven firms secured a place on the framework, winning the opportunity to undertake work in one or more lots o

A Royal Bank of Scotland cashier who worked at one of the bank’s Edinburgh branches has admitted that he collaborated in a raid on the building during which he handed over £8,000. Mazahir Abbas Sheikh, 38, admitted that he had secretly planned the robbery with thief Kerr Somerville, 33, who hit t

The proportion of international investment in Scottish commercial property increased dramatically in 2015 despite overall investment volumes falling from £3.2bn in 2014 to £2.2bn in 2015, according to research produced by JLL. Specifically in 2015, £1.3bn (59 per cent), of commercial property inv

New figures have revealed that Dundee City Council is owed almost three times the £23m the authority is making in budget cuts this year, as a result of unpaid council tax, parking fines, rents, rates and other income. The council has said it is doing everything in its power to put the total of £67

Oil and gas experts at international law firm Pinsent Masons are calling for a comprehensive package of concessions to be unveiled by Chancellor George Osborne during his Budget announcement tomorrow amid unprecedented volatility in global oil prices. Measures including a reduction of corporation ta

Matthew Grange Edinburgh-based discretionary fund manager Standard Life Wealth has announced the recent appointment of Matthew Grange and Matthew Burrows as senior portfolio managers.

Anderson Anderson & Brown LLP (AAB), Aberdeen’s largest independent firm of Chartered Accountants, has been named as the top accountancy firm for deal making in Scotland last year. The accolade marks the 11th consecutive year that AAB has held the title after again being recognised by the Scot

A Lanarkshire-based dental provider has acquired two further clinics across Central Scotland after receiving a £1.8 million funding package from Clydesdale Bank. Brian McMillan and Iain Maudsley, longstanding owners of St. Leonards Dental Practice in East Kilbride, recently took over Bannockburn De

Still 73 per cent state-owned, bailed-out Royal Bank of Scotland is to cull 220 face-to-face advisers from its workforce in favour of so-called "robo-advice" after City watchdog the Financial Conduct Authority gave the technology the green light. The new automated online service will, the Edinburgh-

A consultation on plans to reform and reduce Air Passenger Duty (APD) in Scotland has been launched. Powers to replace UK APD are due to be devolved to the Scottish Parliament under the Scotland Bill, implementing the recommendations of the Smith Commission.

Scottish public transport travellers are clinging to their preference for paper tickets despite the ongoing digital revolution that lets travellers use smart cards, phones and watches to pay for travel. More than half of consumers, 53 per cent, want to use paper tickets while 37 per cent would prefe

Ken Patullo Insolvency and professional services firm Begbies Traynor has won a major insolvency services contract for the Northern Ireland government’s Department of Enterprise, Trade and Investment (DETI).

Tim Sawyer Over half of Scottish employees dream of starting their own business, but most are too worried by financial commitments to make their ambitions a reality, a new study has found.