News

Sarah Donn Aberdeenshire-based housebuilder and construction group Bancon has appointment Sarah Donn as its new finance director.

Brendan Devine Scottish insurance broker Sure Thing Insurance Services has attracted 80,000 customers in its first year of operation.

Local authorities in Scotland are taking years to honour some of their debts, according to latest data. The revelations show that charities, companies, other councils and even the TV Licensing Company have been left waiting extraordinary lengths of time for their money.

Blair Nimmo A total of 60 staff at construction firm Stewart McNee (Dunoon) Ltd are being made redundant after the firm was placed into administration last week.

A social enterprise scheme in Glasgow is giving current and former offenders the chance to help build 40 affordable homes funded by a £2 million bond which has been issued to investors. The capital raised will be used to build social housing over the five-year life of the bond, as well as complete

Scottish lawyers Brodies LLP have reported an 11.2 per cent increase in turnover to £57.94 million for the 12 months to 30 April 2015. During the past financial year, the firm continued to develop client services across its offices in Edinburgh, Glasgow and Aberdeen, increasing costs by 8.8 per cen

Perth-based energy giant SSE looks to remain defiant on maintaining its current price levels despite haemorrhaging 90,000 customer accounts over the last three months. Shares fell 4 per cent as the group also said that annual profits from its energy supply arm were likely to fall.

Dundee-based fund manager Alliance Trust has promised a raft of changes this autumn to help reverse a long-running slump in fortunes. The pledge came as the company dropped into the bottom quarter of funds based on performance.

A former Santander bank manager described as a “Walter Mitty” character has been jailed for almost two years for stealing almost £90,000 from the Dundee branch where he worked. Gordon Irvine, 33, from West Lothian, had been found guilty by a jury at Dundee Sheriff Court of embezzling £89,340 f

Ian Smith, operations manager at Central Investment and non-executive director Gillian Hasting. Aberdeen-based financial Advisory firm Central Investment has added two new senior appointments to its team.

Mortgage approvals in the UK were around 8 per cent higher in June than at the same time last year, after allowing for the effects of the change in mortgage rules, according to latest UK-wide figures. The British Bankers' Associations today published its High Street Banking Statistics for June 2015

Glasgow-based lender the Clydesdale Bank has backed the £1 million purchase of the city’s Italian Kitchen restaurant by restaurateurs Richard Laciok and Marco Mozzachiodi. The pair, who own the 120-cover Viva Ristorante in the city’s Bothwell Street, bought the restaurant in Ingram Street from

Edinburgh-based Royal Bank of Scotland is set to land around £625 million from its latest sell-off of unwanted loan portfolios. The sale of the assets, believed to be Irish property loans, is going to an entity funded by Deutsche Bank and funds affiliated with Apollo Global Management.

The average house price in Scotland could exceed a quarter of a million pounds by the end of the decade, economists have predicted. While house price growth has slowed across the UK over the past 12 months, the latest UK Economic Outlook from PricewaterhouseCoopers (PwC) predicts that prices in Scot

Gavin Hood Deloitte has announced the promotion of one of its partners to lead the firm’s advisory corporate finance practice in Scotland.