News

Royal Bank of Scotland is to charge major financial institutions for cash it holds on their behalf for trading purposes, in a move which other banks seem sure to follow. The move follows the decision by the governor of the Bank of England on 4 August to cut interest rates from 0.5 per cent to 0.25 p

Susie Simpson PwC Scotland is refocusing its commitment to the private business/SME market with the appointment of a new three-partner group to broaden and focus their joined-up Tax, Assurance and Deals offering to the Scottish private business market.

Amanda Young Standard Life Investments has strengthened its ESG Investment Team with the hire of Marc Brammer and Sophie Rahm as Responsible Investment Analysts.

David Waddell Handelsbanken has opened second branch in Glasgow – its 10th branch in Scotland.

Lawrence Tomlinson RBS is facing yet more legal action – this time over the activities of its controversial Global Restructuring Group.

A post-Brexit survey of Scottish SMEs by PwC has found that Scottish firms fear costs will rise during the UK’s withdrawal from the EU. While the thoughts of Scottish businesses largely mirrored the rest of the UK, some differences stood out:

A former Scottish restaurateur has been barred from becoming a director of any UK company for eight years for failing to keep adequate financial records – after running up debts of almost half a million pounds. The disqualification follows an investigation by the Insolvency Service into the busine

The boss of a Scottish scaffolding contractor has been disqualified from being a director following an investigation by the Insolvency Service. Irvin John Downey, 37, director of Tubular Scaffolding Limited, was handed a 12 year order against him being a company director at a hearing in Hamilton She

Pictured (l-r): Gregor Townsend, Douglas McCrea and Alan Archibald McCrea Financial Services has celebrated 15 years of supporting the best of sport in Glasgow with a glittering event in the city.

Reform Scotland chairman Alan McFarlane Scotland's economy would be boosted by the proposed reduction and ultimate scrapping of the airport tax with benefits far outweighing the loss of tax revenue, according to the Reform Scotland think tank.

Chief executive Phil Loney Continuing pension reform has boosted Royal London with auto-enrolment helping to boost new life and pension sales to a record first half of £4.2 billion and to hike profits up by 20 per cent to £138 million.

Alan Meek Alan Meek provides an update on the BHS saga.

Housebuilder Bellway has acquired more than 55 acres of land with a development value of some £120 million as part of its continued expansion across the east of Scotland. The firm said the sites – at Abbey Lane in Edinburgh city centre, Broxburn and Heartlands in West Lothian and Broxden in Perth

Shamed Rogue Trader Nick Leeson, who crashed Barings Bank, is now offering to share his know-how with a free online interactive training course. Nick’s course, ‘The Truth’ is said to "enable him to give back some of his experience and dispel some of the many myths that surround the industry.â€

The Scottish Government and Highlands and Islands Enterprise (HIE) are making good progress in widening access to high-speed broadband, but extending coverage to rural areas remains a challenge, Audit Scotland has found. The Scottish Government has targeted everyone in Scotland to be able to access