News

Pension liabilities outstrip UK economic output for first time Final salary pension scheme liabilities have reached a record £2 trillion.

The Trusts, Fiduciaries and Executries Bar Group (TrustBar) are delighted to announce details of their Annual Aberdeen Seminar, which will take place in the Society of Advocates on the afternoon of 17th June 2015.

Alan Milburn The UK’s top legal and accountancy firms are systematically excluding young people from working-class backgrounds, an official Government report has found.

Liz Cameron The UK Consumer Prices Index (CPI) inflation turned positive in May, rising to 0.1 per cent, according to data issued today from the Office for National Statistics (ONS).

English firm Marston Holdings, the largest judicial services group in the UK, has bought Scott & Co, one of Scotland’s largest independent debt collectors, for an undisclosed sum. The deal for the Edinburgh-based company also includes its Perth-based sister company AA Hutton.

Gordon Matheson More than 250 organisations, employing more than 70,000 people, have now signed up to the Glasgow Living Wage, it has been announced.

Iain McMillan A new commission looking into taxation in Scotland has launched its call for evidence.

Aviva’s core locations are to remain in Bristol, Norwich, Sheffield, York and Perth following announcements that Britiain’s largest insurer is to close three offices in the wake of its takeover of Friends Life. The group had announced earlier this year that it is aiming to save £225m in costs b

Four senior executives at Edinburgh-based Lloyds Banking Group have sold more than £6.3 million worth of shares in the still partly state-owned lender. On Friday, chief risk officer Juan Colombas and group director of consumer finance Antonio Lorenzo each cashed-in on 2.75 million shares sold at al

Continuing political uncertainty in Scotland has left the nation’s businesses as the least confident area in the UK, according to a new report. The latest ICAEW/Grant Thornton UK Business Confidence Monitor has revealed that the political convulsions of the Independence Referendum and General Elec

New research has revealed that men are spending significantly more on leisure pursuits such as dining and drinking out, playing sports and buying new gadgets than women. A survey of more than 2,000 people, carried out for the VoucherCodes website, found that men typically splash out £80 more than w

Catriona Munro is a partner in the EU competition and regulatory team at Maclay Murray & Spens LLP Heralded by Which? as the “biggest change to consumer legislation in a generation,” the Consumer Rights Act 2015 could release a torrent of new damages claims against companies when it comes in

Anderson Strathern profits up 13 per cent Lawyers Anderson Strathern have posted profits up 13 per cent during the first six months of its financial year.

HM Revenue and Customs (HMRC) has published draft technical guidance on how Scottish taxpayer status should be decided. The move comes as the Scottish Parliament prepares to set its own Scottish rate of income tax (SRIT) from April 2016, as enabled by the provisions of the Scotland Act 2012.

David Lonsdale May saw footfall numbers in Scotland 1.8 per cent lower than a year ago, down on the 1.1 per cent rise in April, according to latest figures from the Scottish Retail Consortium.