News

Latest official figures have revealed that the value of Scotland’s international exports, excluding oil and gas, fell by 3.2 per cent or £920 million to £27.5 billion in nominal terms in 2014. In terms of individual sectors, manufacturers of food products and beverages were the largest source of

Aberdeen Asset Management has announced that while outflows may have slowed they still hit £9.1bn in the last three months of 2015. The bad news is the latest to hit the firm as it continues to be battered by the slowdown in emerging markets.

Michael Moore PwC has appointed former Scottish Secretary Michael Moore to boost its senior team, advising on the devolution agenda across the United Kingdom.

Gross mortgage borrowing of £12.4 billion in December was 24 per cent higher than a year ago and overall new borrowing in 2015 was some 6 per cent higher than the previous year, according to figures released today by the British Bankers Association. The number of mortgage approvals in December was

The number of Scottish firms undergoing business insolvency in the whole of 2015 was down 7.6 per cent during 2015 according to analysis of the latest figures by restructuring, recovery and insolvency boutique mlm Solutions. The latest Accountant in Bankruptcy (AiB) figures show that 828 Scottish fi

Clydesdale Bank owner National Australia Bank has announced that its shareholders have overwhelmingly voted to approve the sell-off of the Glasgow-based lender. The news now clears the way for a partial float of the business that has previously been scheduled to take place in London next week.

The last three months of last year saw house prices in Aberdeen city and suburbs decreased by 2.5 per cent, according to latest figures from the Aberdeen Solicitors’ Property Centre Limited. The statistics for the fourth quarter of 2015, which were compiled in cooperation with the University of Ab

New Chamber President Neil Amner with his Board (l-r): Vic Emery, Suzanne Burns, Amanda McMillan, Paul Little, Brian Fulton and Jim McHarg. Glasgow Chamber of Commerce has installed Neil Amner as its new president for a two-year term.

Aberdeen-based chartered accountants Anderson Anderson & Brown LLP (AAB) has announced the launch of a new restructuring & recovery (R2) division which will focus on providing restructuring and turnaround advisory services to SMEs. It is the first time in its 25 year history that the firm wi

Still 73 per cent state-owned Royal Bank of Scotland has today announced write-downs of £3.6bn that will force the bank into a loss for 2015. The Edinburgh-based lender said the provisions were driven by a multi-billion pound payment to its pension scheme.

Clare Butler Partners in law firms are spending over six and a half weeks more in the office compared to two years ago as they compete for business with accountancy firms according to research by a legal recruiter.

Marion Fellows Motherwell and Wishaw MP, Marion Fellows, this week secured an Adjournment Debate in the House of Commons to highlight the mis-selling of pension schemes to hundreds of Anderson Mining Group employees in 1997.

Occupier demand for commercial property in Scotland remained firm during the last quarter of 2015, according to the latest RICS Commercial Market Survey Q4 2015. The office sector was particularly strong, with a net balance of 50 per cent more respondents reporting growth in demand, while the retail

Betsy Williamson The Scottish financial services industry needs to recruit more women from overseas if it hopes to achieve greater gender diversity, according to analysis published today by recruitment company Core-Asset Consulting.

Kenny Picken Scottish accountancy firm Campbell Dallas is advising Traveltek, the East Kilbride-based provider of booking systems for many of the world’s leading travel and hotel businesses, on a three year plan to grow turnover five-fold to £25m, open three new overseas offices and create an ext