News

The Scottish Building Society has announced that Mark Thomson is stepping down from his role as chief executive after almost seven years. During his time with Scottish Building Society he has helped the Society embark on a significant change programme. This included growing the mortgage balance

MacKay Corporate Insurance Brokers has announced the appointment of Margaret Fraser as a branch manager in its newly opened Aberdeen office. The appointment follows the firm establishing a presence in the Granite City back in October after bosses identified significant growth of investment in infras

Mearns & Company, has appointed ex Mattioli Woods and Kudos Financial services director Alan Fergusson, as a non-executive director. Mearns said Mr Fergusson brings over 20 years of experience in the financial services industry, most recently as employee benefits managing director at M

The median pay-out under both annual bonus and long-term incentive plans has increased for chief executives, according to KPMG’s latest guide to executive directors’ remuneration in FTSE 350 companies.

The UK is set to fall in the rankings of the world’s largest economies, according to new projections from PwC in its latest Global Economy Watch. Both India and France are likely to surpass the UK in 2019, the global accountancy firm said, knocking it from fifth to seventh place in the global

The first tranche of investments in a series of transformative projects in Edinburgh and South East Scotland have received approval as part of the City Region Deal. Combined funding of £384 million was approved on Monday by the City Region Deal’s Joint Committee for five projects aimed a

The Scottish economy grew by 0.3 per cent during the third quarter of 2018, according to statistics announced today by Scotland’s Chief Statistician.

Places for People, one of the largest housing associations in the UK, has secured £250 million of new funding with the assistance of HSBC to help deliver its business plan. Announcing the deal, the bank said it understood Places for People’s unique funding approach and agreed to fun

The Financial Conduct Authority announced this morning that banks are to be banned from charging customers a fixed daily or monthly fee for using their overdraft in a move Andrew Bailey, the City watchdog's chief executive said was the "biggest intervention in the overdraft marke

The Edinburgh-based Baillie Gifford has announced that it is lowering the annual management charge on four of its investment trusts from New Year’s Day. The Edinburgh Worldwide Investment Trust, Pacific Horizon Investment Trust, The Baillie Gifford Japan Trust and Baillie Gifford Shin Nippon a

Credit Fintech provider TotallyMoney has agreed £29 million of funding from Elliott Advisors and existing investors Scottish Equity Partners (SEP). 

More than half of UK entrepreneurs (51 per cent) expect to increase their revenues by 50 per cent in 2019, yet many are facing an uphill battle when it comes to funding the growth of their businesses, according to EY’s latest Fast Growth Tracker published today. Business leaders of some of the

By Bruce Swankie, Financial Adviser, Brewin Dolphin Aberdeen  

Aberdeen-based Phil Anderson Financial Services has accelerated it's growth plans with the appointment of Laura Mackay as a mortgage adviser. The firm said Ms Mackay brings with her a wealth of experience in the residential mortgage and remortgage sector and she will cover the firms Aberdeen and Ell

Specialist coatings company Chemco International, which has 24 staff, has become 100 per cent employee-owned in a move the Coatbridge firm said was made to address succession issues and safeguard local skills and jobs.