News

In today's results NatWest revealed a £1.1 billion profit before tax in its Q3 results for the three months ended 30 September 2022. This is an increase of £110 million, or 11.2%, from £976m for Q3 2021. Similarly to Bank of Scotland owner Lloyds' outlook, the bank has predict

UK Assets Under Management (AUM) are expected to fall by almost a tenth (9.9%) this year – the biggest annual decline since 2008 – according to the latest EY ITEM Club Outlook for Financial Services. Only a modest reversal is expected in 2023 (to 2.5% growth) due to the difficult global

A woman in the New Town in Edinburgh who painted her door pink has incurred the wrath of locals. Miranda Dickson, 48, departed from the mandated black to paint the front door of her Drummond Place property a shade of Champagne pink, leading to the council threatening her with a £20,000 fine.

As the skills gap continues to impact SME growth, and small and medium-sized accountancy practices (SMPs) face an ongoing shortage of available talent, ACCA has extended its support through a new employer toolkit. The SMP Talent Management Toolkit provides a wealth of advice and resources for SMPs o

Aberdein Considine has boosted its senior management team. Julie Thomson has been appointed as the firm’s new chief financial officer and Mike Fergusson has been hired as Aberdein Considine’s first chief operating officer.

Aberdeen house prices have risen 3.4% in the last quarter, according to the latest report from Aberdeen Solicitors’ Property Centre Limited (ASPC) and the University of Aberdeen, Business School, Centre for Real Estate Research. With published statistics for the third quarter of 2022, the Aber

Investors in UK publicly listed companies are set to receive £5.7 billion more in dividends as a result of the weakening of the Pound Sterling against the US Dollar. The boost to dividends shows how UK companies with a significant portion of their earnings coming from abroad are benefiting fro

Northern Irish private investment company Wirefox has acquired the Ardgowan Hotel through its Marram Hotels business, expanding the leisure portfolio to Scotland. The privately owned St Andrews property was acquired from the McLachlan family on Monday for an undisclosed sum.

Bank of Scotland owner Lloyds has reported a 26% drop in profits in its Q3 results as it braces for more defaults on bad loans. Profits were down to £1.5 billion, lower than the average forecast of £1.8bn as analysts expected a significantly small drop in profits of around 9.5%. However,

The full list of events for Fife Business Week 2022 have been announced, kicking off on Monday 7th November through to Friday 11th November. One of the many venues for the week is the Enterprise Hub Fife in Glenrothes which is ideally placed to host events and workshops.

A planning application has been submitted for a new Scotch whisky distillery at Portavadie on the Cowal Peninsula in Argyll and Bute. The new whisky distillery will produce high quality single malt whisky, there will also be a visitors center to take in the beauty of the surroundings. The distillery

A woman has received a cheque for £18,000 from the DWP after money expert Martin Lewis revealed a pensions tax trick that numerous people are failing to claim. During his Martin Lewis Money Show Live, Mr Lewis said hundreds of thousands of people - mostly women - could be owed at least £

Experienced business executive Lorna Jack has been appointed as chair to Opulus Financial, the ‘Chief Financial Officer (CFO) Solutions’ business. For over a decade, Ms Jack held the position of chief executive at The Law Society for Scotland and is now currently chairman of Hi

The Financial Reporting Council (FRC) has today reiterated the need for high-quality disclosures from companies during periods of economic uncertainty. To support more informed decision-making, companies must ensure that investors and other stakeholders receive reliable information about a company&r

Knight Property Group has secured a new tenant for its prime retail offering at 67 George Street, in the heart of Edinburgh city centre. The Cambridge Satchel Company is relocating from an existing store on George Street and has agreed a ten-year lease on the 1,436 sq ft retail unit, which is arrang