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New car sales in Scotland hit the skids last year after the global slowdown in the oil and gas sector limited spending, according to latest industry data. Registration numbers declined by nearly 0.5 per cent to 220,554, while the rest of the UK enjoyed a record year.

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152 West Regent Street External Bilfinger GVA has sold a substantial corner office building in Glasgow's West Regent Street to Redpath Bruce for an undisclosed sum believed to be in the region of £750,000.

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Dundee City Council will have to make cuts of £23 million over the next financial year, the local authority has revealed. Previously, council chiefs had said that they would need to find £28m worth of savings spread over 2016/17 and 2017/18, however, the authority is now saying that £23m of cuts

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KPMG has been appointed as administrators at historic Borders firm Hawick Knitwear which has announced the loss of more than 100 jobs. KPMG confirmed they had been appointed as administrators at the request of the company's director.

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Last year saw UK house prices rise by 9.5 per cent, according to the Halifax - the fastest annual increase for the market in nine years. The lender said the last month alone saw prices rise by 1.7 per cent, bringing the average price of a home to £208,286.

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Graham Cunning 2016 could be the ideal year in which to exit from a business with conditions for a sale set to be amongst the most favourable for many years, according to a leading Scots corporate financier.

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