The insurance industry is putting forward ideas to make it easier for the financial sector to invest in greener assets, unlocking billions of pounds worth of funds which could help mitigate the global impact of climate change. The UK’s insurers alone hold over £1.8 trillion in invested a
News
CYBG’s latest SME Health Check Index witnessed a 4.9 point increase to give a national score of 54.9, the highest level in six quarters. However, this was not the case in Scotland, which received its own score of 42.9, a drop of 1.2 points due to its confidence indicator falling a huge 41 poin
Chris Sanger, EY’s head of tax policy, provides his predictions in advance of the Chancellor's Spring Statement tomorrow
Private asset management firm Signal Capital has announced a major programme of works to transform landmark building, 55 Douglas Street, in Glasgow city centre. On completion in November 2019, 55 Douglas Street will deliver 85,000 sq ft of Grade A office space over six levels, with large virtually c
The life of British physicist Stephen Hawking is to be celebrated with a new commemorative 50p coin inspired by his pioneering work on the interstellar phenomenon of black holes. A black hole is a region of spacetime that has such strong gravitational effects that nothing—not even particles an
A Scottish businessman has announced that he is to go on hunger strike in protest against what he describes as a “predatory” bank that he claims ruined his life as a result of its now notorious tailored business loan (TBL) products. John Guidi, 63, claims Clydesdale Bank “brok
The UK’s banks, asset managers and insurers have already moved nearly £1 trillion of assets to the continent ahead of Brexit, with the exodus likely to continue throughout the coming months, according to new research.
Two of Aberdeen’s largest professional services firms have become the first sponsors to back the city’s new multi-million-pound entertainment arena.
The overall condition of Scotland's private sector economy was subdued, with key gauges of business health such as output and new orders falling, while employment approached near-stagnation, according to the latest Royal Bank of Scotland PMI. Brexit-related uncertainty and concerns regarding client
As part of a national trial Royal Bank of Scotland is piloting cutting edge, biometric fingerprint technology with 200 customers.
Production forecasts for Scotland’s oil and gas sector have been significantly revised upwards by the industry regulator. Published today the Oil and Gas Authority (OGA) now forecast that 11.9 billion barrels will be extracted by 2050 – almost 50 per cent up from the estimated 8 billion
With just over two weeks until the UK leaves the EU, immigration law and recruitment experts have warned that Scottish businesses face a Brexit ‘skills time bomb’ as the supply of skilled labour from European countries is cut off. Jamie Kerr, a partner and specialist in immigration law a
While recent employment figures from the Office for National Statistics (ONS) showed that the number of people in work between October and December hit a record high, BDO’s Employment Index, which tracks firms’ hiring intentions for the next 6 months, fell from 115.11 in January to 113.9
Views on a proposed national long-term investment bank are being sought by the Scottish Parliament's Economy, Energy and Fair Work Committee as part of a new inquiry into the Scottish National Investment Bank (SNIB) Bill. The Bill was introduced to Holyrood on 27th February, and grants the powe
The number of Scottish film and video enterprises has grown by 66 per cent in a decade, with latest figures showing a rise from 240 in 2008 to 400 in 2018. Scotland has become a go-to destination for filmmakers, with recent productions including blockbusters Fast and Furious and Avengers.A number of