The winner of the F&C Investment Trust Prize has been announced as Heather Ramsey, who is studying for an HND in Legal Services at City of Glasgow College. Heather Ramsey, Paul Little, principal and CEO City of Glasgow College, AND Milea Leone, student president of
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Following yesterday’s tribunal decision in favour of Standard Life Aberdeen (SLA) in its Scottish Widows fund dispute Lloyds, the Edinburgh-based life, insurance and investment giant may now be set to pursue around £300 million in compensation from the banking group over the saga.
Current acting executive director of the soon-to-be-scrapped Financial Reporting Council Mike Suffield is to join the Association of Chartered Certified Accountants (ACCA) as its new director of professional insights. Mr Suffield will take up the role in August 2019, having held his c
Large concentrations of land ownership are having significant impacts on local economies and communities across rural Scotland, according to the Scottish Land Commission. A new report published today titled Investigation into the issues associated with Large Scale and Concentrated Land Own
Technology has the potential to create seismic waves of change through banking that will alter consumer habits further, but the industry will need to work hard to maintain trust and to ensure some customers are not left behind in the ‘Bank of the Future’.
The Scottish economy grew for the eighth consecutive quarter during the final three months of 2018, according to official statistics released today by Scotland’s Chief Statistician.
Royal Bank of Scotland-owned NatWest has announced plans to launch a new virtual account platform in partnership with Nordic software company Tieto, to offer its SME and corporate customers a new client monies and virtual account management service. The new platform will support regulated profe
The Edinburgh International Conference Centre (EICC) has reported record results for 2018, with operating profits at £1.4m (2017: £1.2m ) for the year to 31 December 2018. Revenue figures of £11.8m (2017: £11.2 m) were achieved during the financial year while economic impact
The average price of a property in Scotland in January 2019 was £149,036 – an increase of 1.3 per cent on January in the previous year and an increase of 0.6 per cent when compared to the previous month. The latest publication of the monthly UK HPI shows that this compares to a UK averag
UBS AG (UBS) has been fined £27,599,400 by the Financial Conduct Authority (FCA) for failings relating to 135.8 million transaction reports between November 2007 and May 2017. The City watchdog said it had found that UBS had failed to ensure it provided complete and accurate information i
Glasgow could be in for a major economic boost after it was revealed today that Hollywood producer Steven Spielberg has been granted permission to film his latest movie in Glasgow. Scenes for his World War One drama 1917 will be shot at the city's A-listed Govan Graving Docks.
A tribunal has ruled that Lloyds Banking Group did not have the right to cancel a £109bn investment management deal with Standard Life Aberdeen last year. The dispute dates back to last February when Lloyds declared that a major account managed for subsidiary Scottish Widows by Aberdeen Asset
Scotland must address eight core issues in order to seize export opportunities and build an economy fit for the future, according to a study by the Fraser of Allander Institute. The Scotland in 2050: Realising Our Global Potential report canvassed the views of more than 100 business leaders, industr
Standard Life has today announced its entry into the equity release market with a partnership announced between it and retirement finance specialists, Age Partnership.
New figures from the British Business Bank show its Start Up Loans programme making a significant contribution to small business founders across Scotland. The programme recently passed the significant milestone of having lent over £25 million to aspiring Scottish business owners since it launc