News

Aberdeen and Edinburgh will suffer twice as much as UK average in Tory-led ‘hard’ Brexit’, according to a new London School of Economics (LSE) report.

Ross McEwan The Royal Bank of Scotland today confirmed that it has convinced the European Union of the merits of its plan to inject £835 million into boosting competition in the banking industry as an alternative to having to sell-off its tranche of Williams & Glyn branches.

Lloyds Banking Group has today posted half-year pre-tax profits of £2.5 billion, 4 per cent higher than last year, as it also revealed that it has set aside another £1 billion to cover the cost of insurance mis-selling and the treatment of its mortgage customers.

Howard Archer Latest official figures have today revealed that the UK economy grew by just 0.3 per cent in the three months to June.

Standing Stone on Ulva (Image: Rob Farrow) The sale of an island in the inner Hebrides that was put on the market this month with a price tag of £4.25 million has been halted after last ditch plans for a community buyout emerged.

Richard Davies TSB has announced the appointment of Richard Davies as commercial banking director – a newly created role within the challenger bank’s executive team to spearhead the Bank’s ramp up in business banking.

Over two-thirds of businesses across the Highlands and Islands believe membership of the European single market and free movement of people are important to the Scottish economy, new research has revealed.

The Scottish Government has awarded a new contract to Allia with a commitment to invest a further £25 million in the finance provider’s bond programme for Scottish housing associations.

Colleen Welsh Thirteen Scottish-based accountants have been named among ICAS’s 35 Chartered Accountants (CAs) under 35 for 2017.

The Financial Conduct Authority has approved the marriage of Standard Life and Aberdeen Asset Management three weeks prior to completion of the mega merger.

Maggie Craig The Financial Conduct Authority (FCA) has today announced the appointment of Maggie Craig as its new boss in Scotland.

Brian Milne Brian Milne and Linda Barr of Scottish accountancy firm French Duncan have been appointed as joint administrators of Dounreay Tri Floating Wind Demonstration Project, the firm behind the 10MW Dounreay Tri floating offshore wind demonstration project in northern Scotland.

Jonathan Davidson The Financial Conduct Authority has announced plans to increase the regulatory pressure on individuals, and not just institutions, by essentially replacing its current Approved Persons Regime through the extending of the Senior Managers and Certification Regime (SM&CR) to cover

There were 2,839 personal insolvencies (bankruptcies and protected trust deeds (PTDs)) in Scotland during the first quarter (April to June) of 2017-18, according to new official statistics released today by the Accountant in Bankruptcy, up from the 2,420 personal insolvencies recorded in the same o

David Robertson and Andy Simpson. The UK auction market for Scotch malt whisky has enjoyed a record run, with the total value sold at auction surpassing £2 million in each of the last 3 months of April, May and June, according to new data released by whisky analyst, broker and investment experts Ra