News

Two fifths of Scottish non-homeowners do not believe they will ever be able to buy their own house, Bank of Scotland’s latest How Scotland Lives research has found. Just over a quarter (26 per cent) believe this to be a normal situation to be in, while 14 per cent are concerned about the prospect

RSM, which has offices in Aberdeen, Edinburgh, Glasgow, Grangemouth and Lerwick, has announced a six per cent increase in global fee income, moving the brand up one place to become the sixth largest global network of independent audit, tax and consulting firms. Fee income for RSM’s international n

The Charlotte Square Collection The Institute of Directors in Scotland has this week signed a lease on 2,951 sq.ft. of office accommodation at 10 Charlotte Square, part of the Charlotte Square Collection of properties, to form a new hub for Scotland’s directors and a modern headquarters for the or

Scotland’s regional airport group HIAL recorded its busiest ever year in 2015, gaining more than 45,000 additional passengers during the year. Latest figures show that 1,451,793 travellers passed through HIAL’s 11 airports in 2015, an increase of 3.2 per cent on the previous year.

Nick Boles Ten Scottish employers who have failed to pay the national minimum wage have been "named and shamed".

Danny Alexander Former Treasury chief secretary Sir Danny Alexander has been appointed vice president of the new China-backed Asian Infrastructure Investment Bank -China’s equivalent of the Washington DC-based World Bank.

Angela Vickers The chief executive of Edinburgh-based Apex Hotels is in line for bonus payout worth more than £4 million under a long-term incentive scheme linked to the value of its property portfolio.

Gavin Buchan Gavin Buchan has joined Lindsays solicitors as a partner in the commercial property team based in Edinburgh.

Euan Sterling Edinburgh-based Standard Life Investments has appointed Euan Stirling to the new role of head of stewardship and ESG (Environmental, Social and Governance) investment.

Global accountancy firm PwC has raised concerns that a proposed second homes levy due to come into force within months as a planned amendment to the Land and Buildings Transaction Tax (LBTT), which will impose an extra three per cent levy on the purchase of a second home costing more than £40,000,

Alison Johnstone The Scottish Greens have called on the Scottish Government and Dumfries and Galloway Council to support the Queens Trust in its bid to get a place on the board of their football Scottish Championship club, Queen of the South.

Investors have welcomed the long-awaited public trading of Clydesdale Bank after bosses brushed off a brief delay over credit rating concerns. Shares in Clydesdale and Yorkshire Banking Group (CYBG) closed 5 per cent up to 192p last night after its debut on the London Stock Exchange yesterday mornin

An total of £160 billion has been collectively denied to savers as a result of historically low interest rates, according to latest estimates. Financial services firm Hargreaves Lansdown said the loss equates to £6,000 per household in the UK.

A tourism tax aimed at raising up to £15 million annually for Edinburgh is expected to be given the go-ahead. The news comes as a senior councillor at Highland Council has suggested a tax on hotel rooms would raise millions of pounds to improve facilities and attractions in the north of the country

Edinburgh University officials have been forced to scrap a plan calling on tutors to leak private information about students who told them about debt problems. Lecturers were instructed to pass the information of hundreds of students who had fallen behind in their tuition fee payments on to official