News

Lloyds Banking Group has announced plans to acquire MBNA, a UK consumer credit card business, from FIA Jersey Holdings Limited, a wholly owned subsidiary of Bank of America.

Turnover for Scotland’s Registered Social Landlords (RSLs) increased by 3.2 per cent to over £1.58 billion during 2015/16 compared to the previous 12 months, according to new statistics published by the Scottish Housing Regulator. Based on RSLs audited financial statements for the year ended 31st

Sandy Nairn Edinburgh Partners, the investment house chaired by Angus Grossart and 70 per cent owned by its employees, has recorded a slight downturn in annual pre-tax profits but is optimistic about prospects.

Scotland's air links with London have received a welcome boost with the announcement by regional airline Flybe that it is opening new services from Edinburgh and Aberdeen to Heathrow.

A £350 million plan to expand Aberdeen harbour into Nigg Bay is to become a reality after the city’s harbour board decided to press ahead with the development. Funding arrangements for the project incorporated a £200m loan from the European Investment Bank, while there is also £36m in funding f

Douglas Reid Gillespie Macandrew LLP has recruited associate Douglas Reid to its growing land and rural business team, as the firm continues to expand.

Tom MacLennan FRP Advisory has been appointed as administrators for Team Rock Limited, which owns of a stable of leading rock magazines and a leading rock music website, and are seeking buyers for the magazine titles and other assets of the business.

Alliance Trust has announced that it has purchased for cancellation 2,375,012 ordinary shares of 2.5p each at a price of 618.5223p per share. The move means that the total number of voting rights in the company is now 507,807,781.

Royal Bank of Scotland is struggling to complete its sale of Williams & Glyn by the end of the year as mandated by the European Commission, City A.M. reports. The bank is now considering whether it can sell other assets to meet state aid rules if no buyer can be found.

Sandy Manson Independent accountancy firm Johnston Carmichael has seen its revenue increase to beyond £40 million for the first time.

Catherine Burnet KPMG has announced an increase in revenues of nearly six per cent over the past year while maintaining its growth trajectory in Scotland.

John Brett (left) and Shane Presley Anderson Strathern Asset Management (ASAM) chief executive, John Brett, has set his sights on one of the top spots in the Scottish investment advisory market.

Bill Nixon, managing partner at Maven Glasgow-based Maven Capital Partners has opened its latest venture capital trust (VCT) offer.

Donald Macleod Donald Macleod has been appointed as Hebridean Housing Partnership’s (HHP) new director of finance & corporate services.

Calum Cooper New research has revealed the deficits on pension schemes operated by Scotland's largest companies has increased from £65 million to £7.7 billion, The Herald reports.