News

Wall Street clearing houses will be able to provide central clearing services in the EU following a decision which financial experts are calling a blow to the City of London. The European Commission has adopted an equivalence decision determining that the United States Securities and Exchange Commis

The Financial Conduct Authority (FCA) has asked banks and lenders to reconsider branch closures during the current coronavirus crisis. The watchdog has said banks should consider the impact of bank closures on customers and said that where they are unable to meet the expectations of its Principles F

Record low numbers of Scottish farms being offered for sale helped to buoy the land market last year, according to new analysis from land agency Strutt & Parker.

Lloyds Banking Group, which owns Halifax and Bank of Scotland, has introduced new home-mover house purchase mortgages for borrowers with deposits as low as 10%. The deals will expand the banks’ low deposit offering beyond only first-time buyers, to existing homeowners looking to move.

Eight luxury homes costing at least £1 million have been brought to the marked by Cala Homes in Edinburgh.

The Scottish Hospitality Group (SHG) has welcomed the news of a three-month rates relief extension and a reduction in the poundage to 49p, announced in the Scottish Government budget, although it has warned the financial aid for the hospitality industry doesn’t go far enough to suppo

In the fourth quarter of 2020, the Scottish vacancy rate increased to 14.4%, from 14.0% in Q3, meaning one in seven Scottish shops are closed.

Business confidence in Scotland fell 23 points during January to -32%, according to the latest Business Barometer from Bank of Scotland Commercial Banking.

Regional development agency Highlands and Islands Enterprise (HIE) has approved investment of up to £8.3 million in Scottish Government funding for an £18.9m project to develop the East Quay at Port of Nigg in Easter Ross. The project will help the Highlands and Islands economy benefit m

Subway is facing a claim that its tuna sandwich does not contain tuna.

Moray-based accountancy firm Goldwells has expanded its Moray operations with the appointment of Ranald MacDonald. Mr MacDonald has joined Goldwells Elgin at its Wards Road office in the city centre and will share his time between Goldwells’ Elgin and Buckie branches.

AGS Airports Ltd, which owns Aberdeen, Glasgow and Southampton airports, has appointed Gillian Brunton as chief financial officer. Having previously held the position of finance director for Highlands and Islands Airports Ltd, which owns and operates 11 airports around Scotland, Ms Brunton is&n

Stuart Law, payroll director at Anderson Anderson & Brown (AAB), discusses the importance of payroll technology in a business. Rapidly advancing technology in the digital age means organisations are increasingly moving their technology away from Enterprise Resource Planning (ERP)-based systems t

The Royal Bank of Scotland has today announced an additional £100 million in funding to help support Scottish female entrepreneurs recover from the coronavirus. The funds, which build on the bank’s backing of female-led business across the UK, will see £100m made available over the

Ian McMonagle, tax specialist at Russell & Russell Business Advisers based in Glasgow, is predicting a fresh spate of late notice penalties in the wake of changes made at the start of this tax year to how and when residential property owners pay tax on the sale of a home. The changes to the