News

Sarah Speirs Scottish rural land prices fell in the latter half of 2015, according the latest survey by the Royal Institution of Chartered Surveyors (RICS) and Royal Agricultural University (RAU).

The £1.6bn flotation of the Clydesdale Bank has begun after a 24 hour postponement. Shares are now being traded on the London Stock Exchange under the new name CYBG following its demerger from parent company National Australia Bank which bought the Glasgow-based lender in 1987.

Scotland’s biggest public relations firm The Big Partnership has undergone an £11m management buy-out by six board members. The deal values the 40 per cent stakes held by owners Alex Barr and Neil Gibson at £4m each with the expectation that they will slowly wind down their involvement.

Ten years after Edinburgh-based Martin Currie responded to its own staff’s calls for the firm to do more for worthy causes the fund manager is on the brink of chalking up nearly £3 million raised through a decade's worth of charity work. A 2005 staff satisfaction survey revealed to bosses the dis

Insurance broking business PIB has chosen Dundee as the site for what will be the firm’s fourth outlet north of the border. Established in London in 2014, fast-growing PIB’s move into the City of Discovery follows start-ups in Glasgow, Aberdeen and Newton Stewart.

Scottish brewer, bar operator and crowdfunding pioneer BrewDog has revealed that it is still £11.5m short of reaching a record £25m fundraising target set for April through its latest self-styled "Equity for Punks" drive. The Aberdeenshire-based firm said on its website that the £13.5m raised so

The volume of residential sales in Scotland rose 14.5 per cent in the third quarter of 2015-16 compared to the same period in the previous year, according to official statistics published today by Registers of Scotland (RoS). A total of 28,779 properties were submitted for registration between Octob

Kezia Dugdale Scottish Labour has called for a 1p hike in Scottish income tax under existing devolved powers that it claims would raise about £500m every year and avoid cuts to education and other local services.

The long-awaited sell-off of Clydesdale Bank by parent company National Australia Bank due to begin today has been delayed. Shares in the Glasgow-based lender, which includes Yorkshire Bank, operating under the same licence, had been set to start trading on the London Stock Exchange after it was ann

Scottish Friendly, Scotland’s largest financial mutual, has announced a record-breaking 18 per cent increase in sales for 2015. The financial services group reported a rise from the £21.6m it posted in 2014 to £25.5m in 2015.

Simon Kay Psigma Investment Management has announced the appointment of Simon Kay as business development director of its Edinburgh office.

The UK’s IPO pipeline still contains attractive investment opportunities, but increases in the number of postponed or cancelled deals are expected in 2016 as companies battle against market volatility and challenging market conditions, according to PwC’s latest IPO Watch, published today. 61 IPO

Lloyds Banking Group is calling in £3bn of special bonds after their holders were ordered by a court to sell them after agreeing that the lender had made a mistake when issuing them. In December, the Court of Appeal ruled in Lloyds’ favour after the bank argued it had made an error in its contrac

The cost of retail crime such as shoplifting has soared to an all-time high, according to latest figures from the British Retail Consortium. The BRC’s annual Retail Crime Survey, which also shows a 30 per cent increase in violent or abusive offences, reveals that the total cost of theft to the ret

James Will The Scottish Investment Trust (SIT) has appointed James Will as non-executive chairman of the company.