News

Ten senior executives at Royal Bank of Scotland have been awarded 1,557,451 shares worth £3.36 million as payment of their half-year fixed share allowance, the still 73 per cent taxpayer-owned bank has announced. The allowance has come into use to get around conventional bonus payments curbed by ne

Mark Thomson Scottish Building Society is to launch its own Online Broker Portal be known as “Scottish Intermediaries Online”, the world’s oldest building society and Scotland’s last remaining independent mutual lender has announced.

Sarah Speirs The supply of Scottish residential properties coming on to the market increased for the first time in three months during April, according to the latest Royal Institution of Chartered Surveyors (RICS) Residential Market Survey.

The number of UK home repossessions in the first quarter of 2016 was 2,100 (1,500 home-owner, 600 buy-to-let), meaning that the repossession rate is the lowest on record, according to the Council of Mortgage Lenders. If the rate continues through 2016, it would put the annual number of repossessions

Debbie Mayor As the fifth session of the Scottish Parliament gets underway, Grant Thornton has called on all political parties to work together to address declining exports.

The average Scot is set to be more than £20,000 worse off than they expect in retirement, according to new research from Edinburgh-based insurance firm, Aegon UK. Although retirement savings rates among workers north of the Border has improved marginally compared to a year ago, the insurer found th

An award-winning deaf Scottish businessman who used his disability to defraud the taxpayer to the tune of £80,000 has been jailed for 20 months. Sheriff William Gilchrist at Stirling Sheriff Court described Andrew Thompson, who was born profoundly deaf, as a “highly-culpable” fraudster after th

Edinburgh-based cloud software provider, FreeAgent, has announced a partnership deal with national accountancy firm Danbro. The tie-up will see FreeAgent team-up with the firm, who represent thousands of self-employed individuals and small businesses across the UK, to provide 4,000 Danbro clients wi

The Supreme Court has unanimously dismissed a company’s appeal against HM Revenue and Customs’ (HMRC) contention the company was not entitled to deduct VAT on accountant’s fees as input tax under the contract. The Supreme Court dismissed Airtours Holidays Transport Ltd’s appeal by a majority

Nicola Sturgeon First Minister Nicola Sturgeon has today announced that she is to split Finance Minster John Swinney's current job between two people, a role which to date has encompassed both finance and the economy.

Dave Roberts Dave Roberts is business support director at Chiene + Tait

Scotland’s first community-owned craft whisky distillery could be created near Dingwall in Ross-shire. GlenWyvis Distillery Community Benefit Society is working with Community Shares Scotland to raise more than £1.5 million in investment.

Yvonne Dunn The strength of Scotland's universities in producing and commercialising technology can help encourage new financial technology companies to set up in the country, an industry expert has said.

Jayne-anne Gadhia The head of one of Scotland’s biggest banks has warned that Edinburgh’s status as a major financial centre would be thrown into jeopardy and the nation as a whole would face higher shop prices, mortgages, credit card bills and flights, in the event of so-called ‘Brexit’ fro

Petar Cvetkovic DX, an independent parcels, mail and logistics operator, has announced the acquisition of the trade and assets of Legal Post and First Post from First Scottish.