News

HSBC has unveiled a new five year deal with a record low rate of under 2 per cent. The move is evidence of the increasingly intense competition between mortgage lenders.

Paul Polman As the beleaguered board of Alliance Trust heads into the final straight leading up to next week's AGM, fresh support has been offered from both shareholders and prominent observers.

New research by PwC has revealed that healthcare and tax efficient savings such as share schemes and pensions are among the most popular flexible work place benefits with Scottish workers. According to the the ‘big four’ accountant, businesses could make savings and boost productivity by revampi

New data released today by business rescue and recovery specialist Begbies Traynor has shown a static level of the most common indicators of business distress in Scotland and across the rest of the UK. Scotland’s firms showed 12,041 instances of ‘significant’ financial distress, the signals th

Aileen Scott The UK is inhibiting its economy with a tax burden 18 per cent heavier than the global average, and should consider setting a specific target for overall tax take, according to Scottish accountancy firm Campbell Dallas.

Ramsay Duff Glasgow-based investors Maven Capital Partners has announced the purchase of a prominent office building in Glasgow city centre for redevelopment as student accommodation.

Derek May Scottish recruitment specialist Brightwork Group has appointed finance director Derek May as its new chief executive.

Aberdeen Asset Management and professional road cycling team NFTO (Not For The Ordinary) have announced a new partnership that will see the wealth manager become the team’s main jersey sponsor. The three year partnership is aimed to help NFTO fulfil its ambition of being the next UK team to compet

Staff placements in Scotland continued to grow during March but at a slower pace as starting salaries rose sharply driven by a lack of candidates, according to the Bank of Scotland’s latest report on jobs. The Edinburgh-based bank, whose survey found salaries eased to a 15-month low in February, r

Geoffrey Thomson Braveheart Investment Group has announced a reshuffle of its board in a move that will see its current chief financial officer step down.

The Association of British Insurers (ABI) has reported that the first week of new new pension freedoms saw more than 200,000 calls from people looking for advice. Between Tuesday and Friday last week, the ABI said its members handled a “surge” of 229,932 phone calls from customers interested in

Latest figures from the Post Office’s challenger banking arm, Post Office Money, have revealed that moving house in Scotland now costs, on average, more than £8,000. The data published today by the post office, in collaboration with the Centre for Economics and Business Research (CEBR), showed th

Derek Mickel Derek Mickel, the Scottish building tycoon who died tragically when he drowned in the sea in the Canary Islands last November, left a will containing a £6 million fortune, it has emerged.

The number of Scottish people out of work has risen by 9,000 in the three months to February. The total number of people classed as unemployed north of the border now stands at 167,000, according to the data from the Office for National Statistics.

David Lonsdale Footfall numbers in Scotland were 1.7 per cent higher in March than a year ago and up on the 1.2 per cent rise in February, according to the latest data from the Scottish Retail Consortium.