News

Dougie Adams Scottish economic growth will trail overall UK growth this year partly as a result of the depressed oil price, according to economic forecaster the EY Item Club.

Private sector activity in Scotland continued to strengthen during May, growing for a second month in a row and at the fastest pace since December, according to the Bank of Scotland’s latest Purchasing Managers Index. Growth was, however, centred on the service sector as operating conditions in ma

Neil McGill Scotland’s fast growth companies are missing out on higher profile, greater credibility - and a valuable source of funding by not considering the Alternative Investment Market (AIM), according to accountants BDO.

Douglas Robertson Scottish car dealers suffered a year-on-year drop in sales last month while their colleagues south of the border enjoyed a modest rise, according to new figures from the Society of Motor Manufacturers and Traders (SMMT).

Liz Cameron UK interest rates have been held at 0.5 per cent again by the Bank of England, a decision that has been welcomed by the Scottish Chambers of Commerce.

Graham Blair More than half of Scottish small and medium-sized enterprises (SMEs) have identified the slashing of red tape as the top priority for the new Westminster government for driving growth north of the border.

Christopher Watson, a finance director who worked for the Scottish businessman and star of the BBC's Dragons’ Den programme Duncan Bannatyne’s group of companies has been charged with fraud and money laundering totalling almost £8 million. According to the Crown Prosecution Service, Mr Watson h

The Financial Conduct Authority (FCA) has issued its largest ever retail fine to Edinburgh-based Lloyds Banking Group for failing to treat their customers fairly when handling Payment Protection Insurance (PPI) complaints. The FCA slapped the still partly state-owned lender with a £117 million pena

John Swinney A savings plan announced yesterday by the UK Chancellor will see Scotland face a £176.8 million cut in public spending this year, a move that Scotland's Finance Secretary John Swinney said was an "unexpected and unwarranted" imposition of further austerity that was “completely and ut

New controls over private sector rents would price visitors out of staying in Edinburgh during the festivals, letting agents have claimed. David Alexander, managing director of DJ Alexander, said he fears fewer flats would be available for short-term rent under proposals drawn up by the Scottish Gov

Martin Gill Manufacturing firms reported the biggest decline in optimism this month since March 2013, according to the latest Business Trends Report by accountants BDO in Scotland.

Transformational "mega deals" and ongoing availability of capital have helped boost total UK deal values by almost 100 per cent in the first quarter of 2015, according to the latest PwC Deals Index. Deal volumes have also increased by 50 per cent compared to the same period in 2014, reflecting a res

Architects at Smith Scott Mullan Associates have unveiled plans for a new pier at Portobello Promenade.

Colin Crosby An Aberdeen businessman has been appointed to the board of Thorntons Investment Management.

The High Court The High Court has ruled against Lloyds Banking Group in its bid to save around £1 billion by buying back early bonds issued in the wake of its 2008 bailout.