News

EY has been appointed as administrators at Aberdeen-based mechanical and electrical installation firm Richard Irvin after the business collapsed with the loss of more than 100 jobs across Scotland. A total of 93 of the 107 jobs lost are at in Aberdeen itself but there are also redundancies in I

Glasgow-based Clydesdale Bank and Edinburgh-based Hampden & Co have been named among eleven banks that are to receive a share of the £275 million incentivised switching scheme for SME customers established under the terms of Royal Bank of Scotland (RBS) bail out agreement. Banking Competit

Lanarkshire food producer R&W Scott Ltd has undergone a management buy out led by the firm’s MD John Easton along with fellow directors Stephen Currie and Michael Hewitt. The business and assets have been purchased from its parent company, Real Good Food plc in a deal worth £4 m

The Association of British Insurers has today published new analysis which shows that general insurance and long-term savings companies in the UK paid out £153 million every day in 2018, which throughout the year is more than the entire GDP of Croatia.

UK Retail sales jumped more than expected in November, helped by Black Friday promotions and stronger growth in sales of household goods, official data has revealed.

The average price of a home in Scotland continued its upward trend in October 2018 to reach £151,508, according to Registers of Scotland.

An estimated £41 million worth of rare whisky currently circulating in the secondary market, and present in existing collections, is counterfeit, experts have said, after a series of laboratory tests at the Scottish Universities Environmental Research Centre (SUERC) on 21 different bottles of

After the UK Government published its White Paper on immigration yesterday, the Federation of Small Businesses (FSB) in Scotland has demanded an urgent rethink, warning that the proposals will have a disproportionate impact on firms north of the border.

With support of a £5 million funding package from Royal Bank of Scotland, Inveruie-based agriculture cooperative ANM Group, one of the largest producer-owned farming, food and finance business in Scotland, is expanding the Thainstone Business Park with the aim of becoming one of Aberdeen&rsqu

Demand for permanent professionals in Scotland rose by 38 per cent year-on-year to November 2018, according to research from the Association of Professional Staffing Companies (APSCo).

The Government must address the concerns of small businesses with the potential for a no-deal Brexit set to clash with the introduction of HMRC’s new online VAT system in April 2019, Making Tax Digital (MTD), the Association of Chartered Certified Accountants (ACCA) has warned. In ad

Royal Bank of Scotland has today announced the appointment of Katie Murray as executive director and chief financial officer, with effect from 1 January. Ms Murray joined RBS as director of finance in November 2015 and was appointed as deputy CFO in March 2017. 

The Financial Conduct Authority has fined Santander £32,817,800 for failing to effectively process the accounts and investments of deceased customers. The City watchdog said it found that Santander did not transfer funds totalling over £183m to beneficiaries when it should have done

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