Demand for prime office space continues to outstrip supply in Glasgow and Edinburgh as the market holds steady despite challenges, according to the latest analysis from Avison Young. The Big Nine quarterly review shows the take-up in the major regional office occupier markets in the UK, including Ed
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Over £18 billion worth of Russian assets have been frozen as a result of UK sanctions, according to the first official figures. The figures have been published by the Office of Financial Sanctions Implementation (OFSI) in its first annual review since Russia's invasion of Ukraine, which led to
MPs have been urged to fix the "dysfunctional" Companies House as it is inadvertently facilitating business fraud in its current state. The warning call came from the anti-fraud leader at the trade body UK Finance during a session of the business, energy and industrial strategy (BEIS) committee, in
First Group has revealed a statutory operating profit of £62.1 milllion, up from £52.2m, in its H1 results for the six months ending 24 September 2022 Earlier this year the group sold off its East Scotland division to McGill's Buses.
Barclays will make payments of around £1 million to over 1,000 affected customers, after the Competition and Markets Authority (CMA) found that the bank breached the Payment Protection Insurance Market Investigation Order 2011.
The World of Walkers shortbread - along with the Speyside company's marketing acumen knows no bounds it seems. A reader visiting Morrocco this week was surprised to see Walkers Shortbread camels on sale in Marrakesh airport duty free. The North African inspired nibbles are part of the World of Walke
At the UK level, a fall in permanent staff hires was also noted, with the rate of decline similar to that seen in Scotland. Hiring activity across Scotland fell into decline during October, with both permanent staff appointments and temporary billings contracting, according to the latest Royal Bank
On the new build front, the average price has risen by 6% over the past year in Edinburgh and 12% in Glasgow. Scotland has seen some of the strongest apartment rental price rises in the past five years, with Glasgow and Edinburgh witnessing 51% and 27% respectively, according to research from proper
Balfour+Manson has announced it will pay staff a £1,000 pre-Christmas bonus payment to support them with the rising cost of living. All 86 employees in the business, which also has 22 partners, will receive the discretionary payment in their salary on 28 November.
The Scottish housing market continues to weaken, with last month bringing another decrease in buyer demand and agreed sales, according to the October 2022 RICS Residential Market Survey. Prices though were still increasing according to respondents. Demand for residential property fell for the sixth
Commercial real estate consultant Ryden has announced the promotion of Gillian Giles to Partner. Ms Giles joined the Office Agency team over three years ago and is currently leading the occupier services offering in Glasgow.
Recent first-time buyers will be hit hard by surging interest rates, with their lifetime interest costs more than doubling over the past five years and their total lifetime costs reaching record highs, although coming house price falls will offer some respite to the next generation of homeowners, ac
One of the world's purest and most saturated pink diamonds has sold for a record HK$453.2 million (£50.54m) at a Sotheby's Hong Kong auction.
As part of a partnership that combines their expertise across accountancy and investment, ACCA (the Association of Chartered Certified Accountants) and CFA Institute have launched a new climate finance course designed by experts from both bodies. Finance and investment professionals have a critical
Fair4All Finance has warned that young people are at risk of paying more than they need to for credit because they’re not aware of lower cost alternatives. New research, published today by the Money and Pensions Service as part of Talk Money Week, shows that 25-34-year-olds are twice as likely