News

Aberdeen City Council has become the first local authority in Scotland to be assigned a credit rating as it prepares to invest in major housebuilding and construction projects.

'Expose GRG' has launched a class action against the bank. New secret documents have emerged that seemingly expose still 73 per cent taxpayer-owned bank Royal Bank of Scotland methods of intentionally driving struggling businesses to the wall in order to cash-in on their assets.

Investment in Edinburgh’s commercial property market is on course to reach its highest point since 2006, according to analysis from Knight Frank.

An Aberdeen pharmacist who forged prescriptions has admitted a VAT fraud of more than £200,000.

Britons are taking on unsecured debt at a faster pace than any time in the last decade, according to latest data from financial capability charity The Money Charity.

Edinburgh-based Green Investment Bank is being lined-up for takeover by a consortium led by Australian bank Macquarie, and involving the Pension Protection Fund, Lloyds Bank and Sustainable Development Capital as the UK Government considers the consortium’s final offers following its decision to

Proposals to redesign Scotland’s system of business rates can strengthen local democratic accountability, or increase the system’s efficiency, but it will be hard to achieve both at once, according to tax professionals.

Despite an easing of some negative effects, risk appetite among the Chief Financial Officers (CFOs) of the UK’s largest businesses remains subdued following the EU referendum, according to Deloitte’s latest CFO Survey.

David Lonsdale By David Lonsdale, director of the Scottish Retail Consortium

Nick Laird Scotland’s private sector output increased for the first time in three months during September, according to the latest Bank of Scotland Purchasing Managers’ Index (PMI)

Edinburgh-based Baillie Gifford’s Japan Trust has posted a strong set of results for the last financial year on the back of an appreciating yen and depreciating pound.

The value of the pound fell by 6 per cent at one stage overnight to $1.1378, having dropped by 10 per cent before one of the more outlying major trades was cancelled, leaving traders scratching their heads.

The Royal Bank of Scotland has announced that its own version of the new polymer £5 will enter circulation on 27 October and will be the first main circulation note introduced by the Edinburgh-based bank to feature a women.

Staff at Standard Life have handed over a cheque for £558, 000 to Scope and Capability Scotland.

Alison Sellar Aberdeen-based payroll management specialist, activpayroll, has announced the securing of the global payroll contract for Scottish Enterprise, Scotland's main economic development agency and non-departmental public body of the Scottish Government.