News

John Swinney The Office for Budget Responsibility (OBR) has downgraded North Sea oil revenues to just £2billion between 2020 and 2040 - £34.5 billion less than previously estimated.

Carol Benzie The downturn in the North Sea oil and gas industry has left Aberdeen Airport trailing southern hubs in Edinburgh and Glasgow.

Growth and increased confidence in the economy is leading to better prospects for the accountancy profession, with nearly two-thirds of accountants receiving pay rises above or in line with inflation in the past 12 months, according to the Institute of Chartered Accountants of Scotland. The annual s

A Department for Work and Pensions adviser is facing jail over a £33,000 benefits fraud. Avril Murray, who worked at the DWP’s Dundee call centre, claimed she was a single mother while fraudulently raking in £33,000 during a decade-long scam.

Gillian Guy The Citizens Advice Bureau has announced that it has seen the number of complaints about payday loan compnaies nearly halved over the last year.

Jim O'Neill The value of Royal Bank of Scotland shares rose by up to £900 million yesterday on the back of Chancellor George Osborne’s announcement that the UK Government is to start selling off the taxpayer’s stake in the Edinburgh-based lender.

The City of Edinburgh Council has granted planning permission for the first part of the £850 million Edinburgh St James development site.

James Bream The results of a new North Sea oil and gas industry survey have revealed a ‘recession of confidence’ in the sector.

New figures for the three month period between March and May 2015 have revealed that the housing market in East Central Scotland is shifting in favour of the seller as fewer new homes are brought to sale compared with the same period last year. According to estate agents ESPC, while the data shows a

John Brett Aberdeen Asset Management has signed up pensions, benefits and risk consultancy, Hymans Robertson, to provide its ‘GO’ online technology to customers.

Accountancy firm Baker Tilly has announced that it is to adopt RSM as a common brand name. The firm said that the move will unite, under a single global brand, more than 100 fellow member firms from around the world of the RSM International global network.

The SNP has called for an amendment to the Scotland Bill that will allow the Scottish Parliament to introduce full fiscal autonomy. The submission was made by Angus Robertson, the leader of the SNP’s 56-strong contingent of Westminster MPs, who said the move had been taken because the proposals fo

Alastair Rae Aberdeen’s hotel sector experienced double digit drops in both occupancy and revenue as the low oil price continued to take its toll according to the latest report by accountants BDO.

George Osborne The Chancellor of the Exchequer George Osborne has confirmed that the UK Government is to begin selling-off its 80 per cent stake in bailed-out Royal Bank of Scotland, regardless of any losses incurred by British taxpayers.

UK trade deficit down to £1.2bn Official new data has revealed that the UK’s trade gap fell to £1.2 billion in April from the £3.1bn recorded in March.