News

Mark Thomson Scottish Building Society - the world’s oldest building society and Scotland’s last remaining independent mutual lender - has announced annual results for the year to 31 January showing “a solid performance” with a growth in mortgage assets of £3.4 million and gross lending ris

Sir Howard Davies The board of Royal Bank of Scotland survived a potential shareholder revolt at its AGM yesterday but bosses were subjected to a series of protests over executive pay packages, legal struggles and staff pensions.

Simon Cowie Aberdeen-based accountant and business advisory firm Infinity Partnership has been shortlisted for three prestigious awards.

Lord Boyd of Duncansby A gambler who lost more than £90,000 after placing an online bet on a Scottish football match has failed in a legal challenge over the bookmaker’s decision to refuse to pay out.

Standard Life has announced the acquisition, through its subsidiary Standard Life Savings, of AXA Portfolio Services Limited (trading as Elevate) from AXA UK. The deal will create one of the UK’s largest adviser platform businesses with combined assets under administration of £36.4bn, bring more

Barclays Mortgages has today made the controversial move to reintroduce the 100 per cent mortgage back into the UK housing market. Such products were slammed in the wake of the 2008 financial crisis for being a major catalyst of the meltdown.

Aberdein Considine Managing Partner Jacqueline Law (centre) with (l-r) Michael Sinclair, Partner, Aberdein Considine, Paul Jennings, Partner, Aberdein Considine, Brydon Crearie, Partner, A&S Ireland and Gavin Crowe, Partner A&S Ireland. Scottish Law Firm Aberdein Considine has announced that

Anne Begg Perthshire property bosses are revealing that, despite the rain and snow, April was a bumper month for property sales.

Buccleuch Property has announced a key new addition with the appointment of Paul Jarvis as asset manager director. This new role will focus on developing Buccleuch Property’s asset management capability in the UK.

Craig McKinlay Nearly a third of Scotland’s young people expect to work beyond retirement age to pay off their mortgage, according to a report.

Paul Eagland Martin Gill, head of BDO in Scotland, has today welcomed the election of Paul Eagland as the new managing partner of the mid tier accountancy firm following a vote by all its partners.

An Aberdeen oil industry executive with a previous conviction for embezzlement stole more than £1.3m from her employers to fund a life of luxury, a court has heard. Jacqueline McPhie, 46, took the money while vice president for finance at Altus Intervention between March 2013 and April 2014.

Swiss banking giant UBS has downgraded Royal Bank of Scotland from ‘buy’ to ‘neutral’ and cut the price target to 250p from 310p, as it citied significant payout uncertainty. UBS said first-quarter adjusted pre-tax profit of RBS’s ongoing businesses beat its estimates by 16 per cent, with

A seafood company has called for Scottish smoked salmon to be awarded protected status. Associated Seafoods said foreign producers, including the US and France, had “misappropriated” the label for smoked salmon and wants to see it granted protected geographical indication (PGI) status.

Lord Brodie A Scottish law firm which sued a former corporate client for payment of over £100,000 in unpaid legal fees has won its action after the company lost an appeal.