News

Edinburgh-headquartered auction house Lyon & Turnbull has hailed its transition to online bidding as it has seen its online sales almost double as a result of lockdown. When COVID-19 restrictions kicked in at the end of March, Lyon & Turnbull adapted swiftly to a virtual model. While other m

New data collected by Equifax has found that 40% of people living in Scotland feel worse off financially due to the coronavirus lockdown.

The amount of UK property sales that are made by first time buyers is set to fall for the first time in five years as banks across the country remove low-deposit mortgages from the market in response to the COVID-19 crisis.

The economic and wellbeing case for building more social homes in Scotland has been laid out in a major new report by Stephen Boyle, former chief economist at the Royal Bank of Scotland.

The Scottish Government has launched a new £10 million fund to make the area around the River Clyde an engine of sustainable and inclusive growth and kick-start its economic recovery.

In the wake of the COVID-19 pandemic, 26% of UK consumers say they are not confident about their financial situation, according to a Chartered Institute for Securities & Investment (CISI) survey.

US bank Wells Fargo informed customer Judy Cashner of her death while she was still alive.

Inverness-based joinery business, IBI Joiners, has successfully purchased and refurbished a once-popular food-stop near the city, to create its new HQ thanks to a £255,000 funding package from Royal Bank of Scotland. Founded in 2004 and incorporated in October 2010 IBI Joiners predominantly op

David Findlay, associate for valuations at Knight Frank Glasgow, discusses the lifting of material uncertainty clauses from commercial property. Over the past couple of decades, the property sector has grown accustomed to dealing with uncertainty: the dotcom bubble popped at the turn of the millenni

Scotmid Co-op has posted strong half-year results as its turnover increased by £6.7 million to £197m.

The announcement that the UK Budget will be delayed until 2021 – with an expectation it will be in March – combined with the expected dissolution of the Scottish Parliament ahead of the elections in May next year, could leave MSPs with just a couple of weeks to agree on Scotland’s

Scotland's finance secretary Kate Forbes has said that the chancellor's Winter Economy Plan announced yesterday does not go far enough to protect jobs. While Ms Forbes welcomed some of the measures announced by the UK Government, she said that the details of the economic plan would not provide the s

The Financial Conduct Authority (FCA) has urged Google to clamp down on adverts for online financial scams. 

The Scottish Government's Autumn Budget Revision (ABR) for 2020-21 has brought the total amount committed to dealing with the coronavirus pandemic to more than £6.5 billion. Yesterday, the government announced that it has allocated a further £2.5bn in response to COVID-19.

The Scottish Government has published a five-year infrastructure investment plan which it said will support tens of thousands of jobs and help stimulate a green economic recovery from the coronavirus pandemic. Covering the five years from 2021-22 to 2025-26, the £24 billion Draft Inf