News

Clydesdale Bank owner National Australia Bank has announced that its shareholders have overwhelmingly voted to approve the sell-off of the Glasgow-based lender. The news now clears the way for a partial float of the business that has previously been scheduled to take place in London next week.

The last three months of last year saw house prices in Aberdeen city and suburbs decreased by 2.5 per cent, according to latest figures from the Aberdeen Solicitors’ Property Centre Limited. The statistics for the fourth quarter of 2015, which were compiled in cooperation with the University of Ab

New Chamber President Neil Amner with his Board (l-r): Vic Emery, Suzanne Burns, Amanda McMillan, Paul Little, Brian Fulton and Jim McHarg. Glasgow Chamber of Commerce has installed Neil Amner as its new president for a two-year term.

Aberdeen-based chartered accountants Anderson Anderson & Brown LLP (AAB) has announced the launch of a new restructuring & recovery (R2) division which will focus on providing restructuring and turnaround advisory services to SMEs. It is the first time in its 25 year history that the firm wi

Still 73 per cent state-owned Royal Bank of Scotland has today announced write-downs of £3.6bn that will force the bank into a loss for 2015. The Edinburgh-based lender said the provisions were driven by a multi-billion pound payment to its pension scheme.

Clare Butler Partners in law firms are spending over six and a half weeks more in the office compared to two years ago as they compete for business with accountancy firms according to research by a legal recruiter.

Marion Fellows Motherwell and Wishaw MP, Marion Fellows, this week secured an Adjournment Debate in the House of Commons to highlight the mis-selling of pension schemes to hundreds of Anderson Mining Group employees in 1997.

Occupier demand for commercial property in Scotland remained firm during the last quarter of 2015, according to the latest RICS Commercial Market Survey Q4 2015. The office sector was particularly strong, with a net balance of 50 per cent more respondents reporting growth in demand, while the retail

Betsy Williamson The Scottish financial services industry needs to recruit more women from overseas if it hopes to achieve greater gender diversity, according to analysis published today by recruitment company Core-Asset Consulting.

Kenny Picken Scottish accountancy firm Campbell Dallas is advising Traveltek, the East Kilbride-based provider of booking systems for many of the world’s leading travel and hotel businesses, on a three year plan to grow turnover five-fold to £25m, open three new overseas offices and create an ext

Andrew Bailey HM Treasury has today announced the appointment of Andrew Bailey as the new permanent chief executive of the Financial Conduct Authority (FCA).

The commission was tasked with looking at how the Scottish Parliament could use new and existing powers to boost economic growth. Recommendations made included:

Scottish chartered accountant and business adviser Alexander Sloan is bringing in the New Year with major improvements to its sector-leading risk evaluation toolkit aimed exclusively at the credit union sector. It has launched a comprehensive update of its Credit Union Risk Evaluation software calle

Dundee-based Alliance Trust Savings has announced two new appointments to its executive team, including Ed Carey as sales director, who had was formerly head of distribution at Cofunds. ATS has made the hires following its separation from Alliance Trust to be a standalone business and they complete

John Waddell, Scott Middleton and Kelly Creighton One of north east Scotland’s most well-established independent financial advisory firms has shown its commitment to expansion with the appointment of two new directors.