News



Procurement strategy agreed for £1.13bn Glasgow City Deal

A procurement strategy has been agreed upon to take forward Glasgow’s £1.13 billion City Deal, paving the way for work to proceed on 20 ‘major infrastructure projects’ across the city region over the next 20 years.

Published 15 May 2015

Cabinet job and ennoblement for Poll Tax adviser is “scandalous”, say SNP

A former tax adviser to Margaret Thatcher who played a significant role in creating the infamous Poll Tax has been made a life peer and appointed as under secretary for the Scotland Office in a move that SNP politicians have branded “"scandalous".

Published 15 May 2015

‘My pay deal was only notable because I'm a woman' –Garrett-Cox

Alliance Trust chief executive Katherine Garrett-Cox has claimed that her £1.3m wage is only questioned by her critics because she is a woman.

Published 15 May 2015

Edinburgh Uni invests further £6m in its own start-ups and spin-outs

The University of Edinburgh has approved a £6m recapitalisation of its in house venture capital fund Old College Capital (OCC), which provides growth and development finance into companies associated with the University.

Published 15 May 2015

Scottish footfall rises for third consecutive month - but down on March

Footfall numbers in Scotland during April were 1.1 per cent higher than a year ago, marking the third month of growth in a row for the figures north of the border.

Published 15 May 2015

Scotland’s financial sector takes note of Kirk's credit union

Key figures from the financial industry in Scotland have today welcomed the arrival of a new Church-led player on the affordable credit landscape.

Published 15 May 2015

Standard Life Equity Income Trust to focus on value as discount widens

Standard Life Equity Income Trust (SLEIT), managed by investment director Thomas Moore, is to focus on stocks it thinks are undervalued amid a backdrop of "stretched" valuations after it provided a 12.8 per cent diluted total return on net asset value in the first half of its financial year ended March 31.

Published 15 May 2015

CIPFA calls for a modernised fiscal framework for Scotland

The Chartered Institute of Public Finance and Accountancy (CIPFA) has called on the Scottish Government to seize the opportunity for fundamental change to the way it controls its finances.

Published 15 May 2015

Business Briefs - May 14

Councillors have backed plans to build a 200-bedroom hotel on green belt land in Aberdeen.

Published 14 May 2015

Tennent’s owner laments impact of stricter Scottish drink-drive limit

C&C, the Irish owner of Tennent’s lager, has become the latest drinks maker to claim that its profits are being impaired due to Scotland’s new lower drink-drive limit.

Published 14 May 2015

Help to Buy scheme delivers 5,000 Scottish sales valued at £1bn

More than 5,000 families and first time buyers have purchased their home through the Help to Buy (Scotland) scheme, Holyrood housing minister Margaret Burgess revealed yesterday.

Published 14 May 2015

Students protest as Edinburgh Uni refuses to end fossil fuel investments

A group of students occupied part of Edinburgh University yesterday after it was announced that the institution had rejected a call for a moratorium on investments in the fossil fuel industry (including its pension fund).

Published 14 May 2015

Scotland's ski slopes bring in £23.2m as season ends

New figures released on the closing of this year's Scottish ski season have shown the country’s five winter sports centres enjoyed more days open for business than the season before, generating revenue of £23.2m for the economy.

Published 14 May 2015

Alliance Trust Savings buys Brewin Dolphin stockbroker in £14m deal

Alliance Trust Savings (ATS) has announced today that it has entered into an agreement to acquire Brewin Dolphin’s execution-only stockbroking business, Stocktrade for £14 million.

Published 14 May 2015