News

Aberdeen Asset Management has launched two Asian bond funds to broaden its range of fixed income pooled funds in the region. The Aberdeen Global – Indian Bond Fund is a single country strategy and will invest in a portfolio of local currency corporate and quasi-sovereign bonds.

House sales picked up across Scotland during September, supported by a modest improvement in properties coming on to the market, according to the latest RICS UK Residential Market Survey. Agreed sales rose throughout Scotland last month, with 32 per cent more chartered surveyors seeing an increase.

Around 700 jobs could be at risk at Falkirk Council after the local authority looks to save £45 million over the next three years. The cuts may lead to 200 jobs being lost in this financial year, 300 the following year and another 200 in 2018/19 from a workforce of over 7239.

David Mundell New income tax powers for the Scottish Parliament should be in place in 2017, according to Scottish secretary David Mundell.

Donald Trump Controversial American tycoon and current presidential hopeful Donald Trump has received bad news from his two Scottish golf course projects.

Baker Tilly is advising Scottish businesses that HMRC’s tax decisions can sometimes be inaccurate, subject to interpretation and open to successful challenge. When a business disagrees on legal grounds with a decision by HMRC – such as the tax liability on a transaction or payment received, an a

German car-making colossus Volkswagen may be in the midst of one the the biggest corporate scandals in history but the controversy does not seem to be adversely affecting its sales in Scotland. Sales of the Volkswagen Group cars actually increased north of the border last month with latest car regis

Scotland’s economy saw further expansion in the second quarter, according to Gross Domestic Product figures published today. The data from the Office of National Statistics, shows that the Scottish economy has grown for twelve consecutive quarters and output is now 3.0 per cent above its pre-reces

Aberdeen Asset Management has announced the final closing of private equity fund FLAG Private Equity VI, L.P. with $295 million in committed capital, $70 million above the Fund’s target. It is the first fund closing announced since the completion of Aberdeen’s acquisition of FLAG Capital Managem

Edinburgh-based global asset manager Standard Life Investments has celebrated the tenth anniversary of its UK Equity Unconstrained Fund. Since launch, the fund has returned 328 per cent to investors versus the IA UK Equity sector average of 76.2 per cent placing it in the first percentile of its pee

Kevin Stewart Around 50 per cent of capital expenditure made by local authorities in Scotland, totalling £1.2 billion, has been invested in education and housing infrastructure, new figures have shown.

Patrick McGuire Thompsons Solicitors could launch mass litigation against car manufacturer Volkswagen in the wake of a scandal over rigged emissions tests.

Kathryn Mikells International drinks giant Diageo has appointed Kathryn Mikells as its new chief financial officer.

The rush to buy shares in Lloyds Bank in what Chancellor eorge Osborne yesterday labelled Britain’s “biggest privatisation in 20 years" is well underway after 62,500 people registered an interest on a government website just hours after Mr Osborne announced the sell-off. Shares worth at least £