News



RBS investment bank chief quits after one month

Rory Cullinan, the executive chairman of Royal Bank of Scotland’s Corporate and Institutional Bank who sent photographs to his daughter claiming that he was bored in meetings, is to quit after just a month in the role.

Published 1 April 2015

Broker JP Morgan Cazenove defends Alliance director appointment process claims

The latest twist in the ongoingAlliance Trust board saga has seen the company’s broker, JP Morgan Cazenove now say that it understands the concern’s of the current board over the methods used by agitating US investor Elliot Advisors to select a trio of prospective new members.

Published 1 April 2015

SRC calls for review of business rates as 2 per cent hike looms

The Scottish Retail Consortium has issued an appeal from Scottish retailers for a "fundamental review" of business rates, ahead of a 2 per cent rise which is due to come into effect on Wednesday.

Published 1 April 2015

Hunter Centre and Santander launch business growth course

The Hunter Centre for Entrepreneurshipis calling on leaders of Scottish companies that are turning over at least £500,000 to apply for a place on its growth programme.

Published 1 April 2015

UK's economy grew faster last year than first believed

The UK's economy grew at a faster pace in 2014 than stated by previous estimates.

Published 1 April 2015

Work starts in Glasgow on UK’s biggest City Deal

Work on a £1.13 billion City Deal that will bring tens of thousands of new jobs to Glasgow and the Clyde Valley is to formally begin this week after it was approved by ministers at the UK and Scottish governments.

Published 1 April 2015

Mortgage approvals hit six month high

The Bank of England has revealed that the number of mortgage approvals made to home-buyers rose to its highest level in six months in February.

Published 1 April 2015

Biggest Scottish earners are in Aberdeenshire and Kincardine

Scotland’s highest earners live in Aberdeenshire and Kincardine, according to analysis by NFU Mutual.

Published 1 April 2015

Business Briefs - 30th March

Dundee City Council is to set up a centralised team to deal with all payments after it emerged that dozens of suppliers were not paid within 30 days of submitting an invoice.

Published 1 April 2015

Mixed Monday for award-nominated Alliance chief as latest dissenting voice emerges

Alliance Trust chief executive Katherine Garrett-Cox, who is currently embroiled in an increasingly bitter dispute with an American activist investor to shake up the Dundee-based firm’s board, has now been short-listed for a prestigious national award.

Published 1 April 2015

Goodwin and other former RBS directors ordered to release private e-mails in £4bn case

Fred Goodwin, the disgraced former Royal Bank of Scotland chief executive has been ordered by a High Court judge to hand over personal e-mails he sent in the run-up to the bank’s 2008 share sale.

Published 1 April 2015

Financial services firms remain upbeat as profitability improves – CBI/PwC

Optimism in financial services rose strongly in the three months to March and profitability improved in most sectors, according to the latest CBI/PwC Financial Services Survey.

Published 1 April 2015

Scottish builders’ confidence up again

Confidence within the Scottish construction industry has reached a new record high of PLUS 29, up three points on the rating recorded at the end of 2014.

Published 1 April 2015

Johnston Carmichael expands international credentials with key tax appointment

Johnston Carmichael is to enhance its integrated employment solutions offering with the strategic appointment of Richard Britten.

Published 1 April 2015

Lloyds commits £30bn to UK infrastructure projects

Edinburgh-based Lloyds Banking Group has committed to supporting key UK infrastructure projects within the Government’s National Infrastructure Plan over the next three years.

Published 1 April 2015