News

A David Hockney painting valued at £27 million has gone on show in London before it is due to go on auction in New York in December.

Blair Nimmo and Geoff Jacobs of KPMG were yesterday appointed as joint liquidators of The St Andrew Street Hotel Company Limited. Incorporated in 2008, the company operated the Hilton Garden Inn – Aberdeen City Centre, a 100-bed hotel subject to a ground lease, at St Andrew Street, Aberde

Lloyds Banking Group has beaten forecasts as it posted pre-tax profits of £1 billion, compared with a £676 million loss in the three months to June. The bank, which is the UK's largest mortgage lender said mortgage lending rose by £3.5bn in the third quarter of this year, as it pro

Royal Bank of Scotland, part of NatWest Group, has announced the launch of its first ever ‘Green Mortgage’ for customers. The new product will offer a preferential interest rate to new or existing customers who are purchasing an energy-efficient property.

The number of Scottish businesses in financial distress has soared by 80%, according to the latest data from Begbies Traynor.

Andrew J.P Wilson, dispute resolution partner at Wright Johnston & Mackenzie, discusses the recent changes to the coronavirus job support scheme. On 22 October 2020, The government published a Policy Paper which provides additional details in relation to the Job Support Scheme, which is due to o

Aberdeen Standard Asia Focus PLC, a company managed by Aberdeen Standard Investments, has posted its annual results, revealing a net asset value (NAV) drop of 13.6% in sterling terms. For the 12 months to July 31 2020, Aberdeen Standard Asia Focus's share price also dropped by a similar 13.2%. In co

Across Scotland, cash machine withdrawals between April and September fell by 52% compared to the same time last year, according to new data published by LINK - the UK's main cash machine network. From April to September, consumers took out £2.5 billion less than they did in the same peri

Scotland's life science sector has attracted more than £600 million of investment in the last three years, according to new data analysed by Savills.

Mortgage approvals reached a thirteen-year high of 91,454 in September, according to new data from the Bank of England.

Forty of Scotland’s most talented, innovative and ambitious entrepreneurs are joining Scottish Enterprise's flagship entrepreneurial development programme, Unlocking Ambition.

Young people's energy and enthusiasm, technological skills and creativity will help boost Scotland's COVID-19 economic recovery, according to new research released today by Barclays' LifeSkills.

Demand from occupiers and investors for office and retail property in Scotland continued to fall sharply in the third quarter of the year, but there are at least signs that the industrial sector is stablising, according to the Q3 2020 RICS Commercial Property Survey.

A Star Wars collection of over 500 items went up for auction yesterday with a price estimate of £250,000.

KPMG UK has appointed a new partner, three associate partners and four directors in Scotland as it prepares for further growth. The firm, which employs more than 1,200 people in Scotland, has promoted a total of 77 people across its offices in Glasgow, Aberdeen and Edinburgh, including Alistair McAl