News

A potential buyer has emerged for the two Scottish plants of beleaguered metal company Tata Steel. According to reports, international firm Liberty House has declared an interest in buying the sites in Dalzell and Clydebridge after Tata announced its decision to shed 270 jobs at the factories last y

Aileen McLeod The Scottish government is to amend the Land Reform Bill to establish a public register of who owns land in Scotland.

Average selling prices for one bedroom flats in Polwarth, Shandon and Tollcross have rocketed by 27.6 per cent annually, according to the latest analysis from ESPC. ESPC’s December House Price report reveals that Polwarth, Shandon and Tollcross have shown the greatest increase in selling prices in

New rules proposed this week by the Bank of England could see bankers forced to give back their bonuses - even if they have changed employers. The Prudential Regulation Authority plans to introduce yet tougher laws around bonus buyouts (where an organisation compensates a new employee for any unpaid

The Bank of England's Monetary Policy Committee (MPC) has today voted for no change to UK interest rates, to leave them unchanged again at 0.5 per cent. Eight of the nine rate-setters on the committee voted to hold the record low of 0.5 per cent that has been in place since March 2009, with one voti

Having introduced the Living Wage for its employees in 2013, the City of Edinburgh Council has announced that it is now looking for accreditation through the Living Wage Foundation. The recommendation is one of a number of updates relating to the Living Wage detailed in a new report being considered

Liina Tulk Not every mis-sold loan results in the customer’s business failing, writes Liina Tulk in an overview of the recent Court of Session decision in the case of John Glare v Clydesdale Bank Plc.

The Accounts Commission has urged Scotland’s local authorities to further improve the way they manage major projects like schools, roads, housing and flood prevention. Over the last three years councils spent £7 billion on capital investment – more than half of Scottish public sector capital ex

Keith Anderson New rules regarding Entrepreneurs Relief are coming into effect from 6th April 2016 which will impact capital distributions received in the solvent liquidation of a company where the individual shareholder is involved in a similar company after the distribution.

Lord Smith of Kelvin Dundee-based investor Alliance Trust has announced the appointment of Robert Smith, Lord Smith of Kelvin, as its new Chairman.

Ken Patullo Significant year-on-year rises in levels of ‘critical’ Scottish business distress were seen in the last quarter of 2015, according to data released today by business rescue and recovery specialist Begbies Traynor.

Paul Johnston One of the four founders and co-owners of John Boyle’s investment vehicle Hamilton Portfolio is to join Maven Capital Partners.

The Wi-Fi providers to Glasgow football club Rangers are seeking to have £300,000 ring-fenced from the club’s accounts for the duration of a legal case over an unpaid bill. 802 Works Ltd say they are owed the money for installing a Wi-Fi system at Ibrox.

Scotland’s first minister yesterday admitted that the northeast oil and gas sector is in crisis after industry giant BP announced plans to axe 600 jobs from its North Sea business – a reduction of about a fifth. The global company said the majority of the staff and contractor posts would go this

Willie Young Aberdeen City Council’s finance convener has been reprimanded by watchdogs after he accidentally leaked confidential legal advice about the city’s controversial Marischal Square building project.