Posted in Economy News, tagged Scottish business, Scottish investors on August 23, 2008 | Leave a Comment »
MOST Scots are resisting the temptation to reduce their investment levels despite growing pressure on personal and household budgets, new research has suggested.
Just 16 per cent of Scottish savers aged between 30 and 60 are cutting back on investing in equities, according to a Mori survey commissioned by IFA Bestinvest.
Instead, a third of those surveyed [...]
Posted in Business news, Economy News, tagged Alistair Darling, Aquintet, Lawyers on August 22, 2008 | Leave a Comment »
A Quintent of leading Scottish property law firms has called on Alistair Darling, the Chancellor, to freeze stamp duty in an effort to boost the flagging housing market.
The ELPG group – which is made up of firms Warners, the Lints Partnership, Neilsons, Drummond Miller and Leslie Deans – has handed in a petition to Darling [...]
Posted in Economy News, tagged Scottish Business. Direct Investment into Scotland on August 18, 2008 | Leave a Comment »
FOREIGN direct investment is worth about £14 billion to the Scottish economy, according to property consultant DTZ.
In a report, it claims that Scotland’s share of overseas cash is nearly double that attracted by New York and is almost at the same level as London. It added that foreign employers are responsible for around one in [...]
Posted in Economy News, tagged Economy, Oil Prices, Recession on August 7, 2008 | Leave a Comment »
NEW fears over a looming recession and a rise in production left the price of oil at a three-month low yesterday – prompting predictions it could fall below $100 a barrel within weeks.
In a move that will ease the inflationary pressures in the economy, prices of other heavily traded commodities followed the downward trend.
News of [...]
Posted in Economy News, Scottish business, tagged Halifax, Scottish Banks, Scottish business on August 1, 2008 | Leave a Comment »
HALIFAX Bank of Scotland today announced that profits in the first half of the year were more than halved as it continues to fall victim to the credit crunch.
The Edinburgh-based bank’s 51 per cent underlying interim pre-tax profit decline was largely attributable to a £1.1 billion hit it has taken as a result of the [...]
Posted in Economy News, tagged Hearts FC, Rangers FC, Scottish Football Clubs on July 9, 2008 | Leave a Comment »
HEARTS and Rangers are likely to be celebrating this morning after lifting silverware of a different kind.
The two clubs are among the first five Scottish businesses to receive the CommunityMark, an award recognising the contribution firms make to their areas.
Vladimir Romanov, Hearts’ owner, was last night due to collect the club’s award at a gala [...]
Posted in Business news, Economy News, tagged Entrepreneurs, Scottish business, SME, Start up's on June 25, 2008 | Leave a Comment »
SCOTLAND is bucking the trend for company formations, a report said yesterday.
The number of new companies formed in Scotland over the last financial year – 19,962 – held steady amid worsening economic conditions.
Scotland was one of only two nations and regions of the UK not to see a fall on the previous year, according [...]
Posted in Business news, Economy News, tagged Jenners, Scottish business, Scottish News, Shopping in Edinburgh on June 17, 2008 | Leave a Comment »
RETAIL sales in Scotland soared last month as shoppers stocked up on summer foods and clothing, figures have revealed.
Like-for-like sales showed their strongest increase since February, according to the Scottish Retail Consortium report.
They rose by 2.4 per cent inMay, almost as strong as the 2.5 per cent rise seen in the second month of the [...]
