News

Alasdair Gardner. regional managing director at the Bank of Scotland The Scottish private sector remained in growth territory during the first month of 2016, according to the Bank of Scotland's Purchase Managers Index (PMI).

Ratings agency Moody’s has said that it considers an indemnity of £1.7 billion provided to Clydesdale Bank by former parent firm National Australia Bank prior to this week’s demerger of the two businesses as more-than-adequate for a bank the size of the Glasgow-based lender. The ratings agency,

Edinburgh-based Royal Bank of Scotland has scrapped a sale process for its onshore Indian banking operations. The still 73 per cent state-owned, bailed-out bank said it had “concluded that it is not feasible to sell the business in its entirety”.

Two fifths of Scottish non-homeowners do not believe they will ever be able to buy their own house, Bank of Scotland’s latest How Scotland Lives research has found. Just over a quarter (26 per cent) believe this to be a normal situation to be in, while 14 per cent are concerned about the prospect

RSM, which has offices in Aberdeen, Edinburgh, Glasgow, Grangemouth and Lerwick, has announced a six per cent increase in global fee income, moving the brand up one place to become the sixth largest global network of independent audit, tax and consulting firms. Fee income for RSM’s international n

The Charlotte Square Collection The Institute of Directors in Scotland has this week signed a lease on 2,951 sq.ft. of office accommodation at 10 Charlotte Square, part of the Charlotte Square Collection of properties, to form a new hub for Scotland’s directors and a modern headquarters for the or

Scotland’s regional airport group HIAL recorded its busiest ever year in 2015, gaining more than 45,000 additional passengers during the year. Latest figures show that 1,451,793 travellers passed through HIAL’s 11 airports in 2015, an increase of 3.2 per cent on the previous year.

Nick Boles Ten Scottish employers who have failed to pay the national minimum wage have been "named and shamed".

Danny Alexander Former Treasury chief secretary Sir Danny Alexander has been appointed vice president of the new China-backed Asian Infrastructure Investment Bank -China’s equivalent of the Washington DC-based World Bank.

Angela Vickers The chief executive of Edinburgh-based Apex Hotels is in line for bonus payout worth more than £4 million under a long-term incentive scheme linked to the value of its property portfolio.

Gavin Buchan Gavin Buchan has joined Lindsays solicitors as a partner in the commercial property team based in Edinburgh.

Euan Sterling Edinburgh-based Standard Life Investments has appointed Euan Stirling to the new role of head of stewardship and ESG (Environmental, Social and Governance) investment.

Global accountancy firm PwC has raised concerns that a proposed second homes levy due to come into force within months as a planned amendment to the Land and Buildings Transaction Tax (LBTT), which will impose an extra three per cent levy on the purchase of a second home costing more than £40,000,

Alison Johnstone The Scottish Greens have called on the Scottish Government and Dumfries and Galloway Council to support the Queens Trust in its bid to get a place on the board of their football Scottish Championship club, Queen of the South.

Investors have welcomed the long-awaited public trading of Clydesdale Bank after bosses brushed off a brief delay over credit rating concerns. Shares in Clydesdale and Yorkshire Banking Group (CYBG) closed 5 per cent up to 192p last night after its debut on the London Stock Exchange yesterday mornin