News

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.

Bailed-out and scandal-hit Scottish banking giant Royal Bank of Scotland is to ditch the RBS acronym branding that has existed throughout its wretched recent history. The Edinburgh-based bank, which was bailed out by UK taxpayers at a cost of £45 billion in the darkest days of the financial crisis,

With demand currently outstripping supply in Scotland’s business parks, the market is witnessing an increase in rental growth as take-up falls to 20 per cent below the five year six-monthly average, according to Bilfinger GVA’s latest bi-annual Business Parks Report. Peter Fraser, associate dire

Ross Oliphant East coast accountancy firm EQ Accountants, which has offices in Cupar, Dundee, Forfar and Glenrothes, has announced the appointment of a new partner.

Martin Dalgarno North-east accountancy firm SBP Accountants has made a key appointment to support the continued growth of the firm’s client portfolio.

Stuart Rowson Stuart Rowson has joined law firm Lindsays as a partner in its commercial property team based in Edinburgh.

Mike Innes (centre) is welcomed to his new role as business development director at Hall Morrice by partners Bob Bain (left) and Hugh Hall (right). Aberdeen-based accountancy firm Hall Morrice LLP has strengthened its senior management team with the creation of a brand new post to grow its client ba

Ian Williams The new international tax regime being adopted across the world presents a serious risk to the regeneration of the oil and gas sector, and should be considered by delegates to the Offshore Technology Conference in Houston starting today, a leading tax expert with Campbell Dallas is warn

Dr Jay Bevington Citizens Advice Scotland (CAS), the umbrella organisation for the Citizens Advice service in Scotland, is to undertake an independent assessment review of its governance arrangements with Deloitte appointed to lead the process.

Aberdeen Asset Management has today posted interim results showing a drop in revenues of 20 per cent to £483.6m. - down from the six-month revenues to March 2015 of £605.2m. The asset manager blamed emerging markets for the poor performance as it announced it would be making £70m of annualised co