News

Laura Gardiner New figures published by the Office for National Statistics in its Economic Review show that people aged 25-29 are now more likely to rent privately (43.3 per cent) than own a home with mortgage (39 per cent).

Richard Pennycook Richard Pennycook, chief executive of the Co-operative, has requested that the group’s board members slash his pay by 60 per cent.

Sandy Burgess New car sales in Scotland grew last month but at half the rate of the UK as a whole, according to figures compiled by the Society of Motor Manufacturers and Traders.

Jackie McRae Jackie McRae is head of Pagan Osborne’s family law team based in Edinburgh.

A customer services adviser based at a Glasgow branch of the Bank of Scotland has admitted embezzling £39,000 from the accounts of two elderly customers. The crimes of Sean Adams, 30, only came to light when the daughter of one of his victims checked her mother’s statement when she was no longer

The Financial Conduct Authority (FCA) has published its annual Business Plan outlining seven priority themes of pensions, financial crime and anti-money laundering, wholesale financial markets, advice, innovation and technology, firms’ culture and governance, and the treatment of existing customer

Fife-based Parsons Peebles Group, which is part of Clyde Blowers Capital, has bought Reading-based electromechanical services firm Taylor & Goodman for an undisclosed sum. Parsons said the acquisition of Taylor & Goodman demonstrated its intention to become "the number one UK supplier of ele

Oil & Gas UK, the representative organisation for the UK offshore oil and gas industry, has announced the appointment of a number of member company representatives and a new team of officers to lead its Board. All changes are of immediate effect. Neil McCulloch, president of North Sea at EnQuest

Scottish GDP grew by 0.2 per cent during the fourth quarter of 2015, according to statistics announced today by Scotland’s Chief Statistician. The latest Gross Domestic Product release, covering the period October to December 2015, shows that total output in the economy grew by 0.2% compared to th

Technology in the 21st Century is providing us with the means to communicate our thoughts and ideas across the planet in a way that would have been unthinkable, even 10 years ago. However good the technology is, it cannot pick up the subtleties of a language, the culture that underpins it, or even t

Craig Martin Shares in Scottish companies listed on the Alternative Investment Market (AIM) rose by 10.14 per cent during the first quarter of 2016, according to analysis by accountants and business advisers BDO.

Mark Thundercliffe CYBG, the banking group that comprises Glasgow-based Clydesdale Bank and Yorkshire bank, has announced the appointment of Mark Thundercliffe as its new chief risk officer.

Aberdeenshire-based craft beer and crowdfunding pioneer Brewdog has reported a slight fall in profits despite revenues soaring 51 per cent to hit £44.73 million. Latest results from the Ellon business for the year to December 31 show administrative expenses almost doubled in the year from £7.77m i

1825, Edinburgh-based insurance giant Standard Life’s wholly-owned financial planning business, has today announced that it has entered into an agreement to acquire Baigrie Davies with assets under advice of around £400m. The move follows the recent agreements to acquire Almary Green in East Angl

Charles Haresnape Challenger bank Aldermore is continuing its push into the UK market with a new range of products aimed at the bridging finance and property development sectors in Scotland.