News

Westminster’s decision to scrap the post-study work visa in 2012 has cost the Scottish economy £250m over three years, according to higher education body Universities Scotland. The organisation said that an extra 5,400 international students would have lived in Scotland if the visa system, which

John Swinney The Scottish Government will publish all the key papers on the Fiscal Framework before the end of the parliamentary term, Deputy First Minister John Swinney has announced.

Andrew Burns The City of Edinburgh Council is on target to meet its planned savings of £49 million for the current financial year after making “considerable progress” in addressing its financial challenges.

Scottish Government business minister Fergus Ewing The Oil & Gas Industry Leadership Group (O&G ILG) has published a refreshed oil and gas strategy for 2016-20.

Fraser Gillies Wright, Johnston & Mackenzie LLP has played a leading role in the development of two Scottish onshore wind farms which recently secured £76 million in financing.

George Kerevan An SNP MP has said the Bank of England should be renamed to reflect its status as a UK-wide institution, the Sunday Post reports.

Stephen Hester Stephen Hester, former CEO of the RBS Group, is set to receive a further £500,000 payout from the bank he left two years ago, This is Money reports.

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".