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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

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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

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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

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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

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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

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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

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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.

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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

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Properties sell for substantially higher if they are within school catchment areas for certain Edinburgh schools, when compared with properties nearby, according to local estate agents ESPC. With school roles rising and a high demand for places at the perceived best schools, schools are offering ver

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Despite industry growth driving assets under management to an expected $102 trillion by 2020 a new report from PwC, ‘Rethinking reward as asset management moves centre stage’, predicts that pay will not increase at the same rate and compensation for asset managers as a percentage of revenues wil

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Alliance Trust’s strategy of buying back its own shares to improve investor returns has seen the Dundee-based global investment firm splash out almost £175 million in the last six months. Latest figures from the company revealed the cost of the concerted action embarked upon following a pledge to

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