News

The Edinburgh office market remains in a healthy state following Q2 2019, with 176,549 sq ft of take-up - just 9,210 sq ft short of the previous quarter’s figure, according to CBRE research. Meanwhile, annual take up at the end of Q2 2019 is up c. 2 per cent on the previous 12 months

Some of Glasgow’s derelict railway arches could soon be transformed for commercial use under plans drawn up by Network Rail. Designed by IDP Architects, the proposals would see 16 spaces underneath the City Union line in the Laurieston/Gorbals area renovated to welcome a variety of b

Matt Henderson, restructuring partner at Johnston Carmichael, has been appointed administrator of Loewe UK Ltd. The business is a subsidiary of German manufacturer Loewe Technologies, known for its luxury TV sets.

Accountancy regulator the Financial Reporting Council has issued the latest in a long line of fines to Deloitte, this time a £6.5 million penalty in relation to the audit of the financial statements of Serco Geografix Limited for the years ended 31 December 2011 and 2012.  

Proposed tax threshold changes risk Scotland being increasingly unable to attract or retain key individuals in the future, according to leading accountants and business advisors French Duncan. Under Boris Johnson’s tax proposals to raise the higher rate tax threshold to £80,000 for the r

Local councils across the UK believe Brexit will hit local exports, reduce foreign direct investment, and impact business rates, while declining central government funding may add additional pressures, according to PwC’s latest annual survey of local government. The report, which is

Aberdeen Standard Investments (ASI) has announced the establishment of a joint venture with Japanese  trust bank Sumitomo Mitsui that will invest in residential real estate in Japan and other mature markets across Asia Pacific. ASI said SuMi TRUST has a strong presence in Japan with signif

New research from wealth manager Willis Owen has revealed 34 per cent of UK retail investors have made at least one change to their investments over the past 12 months as a result of announcements made via social media channels.

A new country hotel has opened in the Highlands following more than £12m of investment in three properties by the Black Sheep Hotel group, under the ownership of Indian millionaire Sanjay Narang. Rokeby Manor, located on the outskirts of Invergarry, opened this week following a major refurbish

Edinburgh is to host the world summit on ethical finance, bringing together global leaders in business, politics and banking to shape a fairer finance system. Ethical Finance 2019 will be hosted by the Scotland-based Global Ethical Finance Initiative (GEFI), which oversees, organises and coordinates

Demand for office space in Edinburgh has remained robust despite the headwinds caused by a protracted Brexit process, according to analysis from Knight Frank.

One of the Orkney Islands’ smallest buildings is to go under the hammer at Pugh’s next North West property auction in Manchester, with a guide price of just £15,000.

Scotland’s economy is facing a widespread slowdown across most sectors, as prolonged Brexit uncertainty and global headwinds take their toll, according to the latest research from KPMG UK. The firm’s latest quarterly Economic Outlook indicates weak growth ahead for the remainder of the y

Scottish Building Society today announced that Paul Denton has been officially appointed as its new chief executive officer. Paul, who has more than 25 years experience in the banking sector, took up the reins after formal regulatory approval with a pledge to focus on personalised customer service.

Bank of Scotland has appointed a new head of commercial banking, responsible for all the bank’s business clients in Scotland. Alasdair Gardner is returning to Bank of Scotland after a successful three-year secondment with Lloyds Banking Group as its head of global corporates in North America.