News

Glasgow-based private equity and property investment managers Maven Capital Partners has announced that it has sold its premium, purpose-built student accommodation development at 333 Bath Street in the centre of the city, to Empiric Student Property plc, for £7.45 million. The announcement comes s

Edinburgh-based global asset manager Standard Life Investments is celebrating the fifth anniversary of its award-winning MyFolio fund range. The suite of 25 risk based investment strategies now has assets under management of over £7 billion and in the first half of 2015 alone, attracted net sales o

Nicola Sturgeon Scotland's First Minister Nicola Sturgeon has announced a £78 million innovation fund to help Scotland’s businesses grow and develop.

A new investment vehicle that will provide up to 1,000 affordable homes for rent across Scotland has been launched. The Local Affordable Rented Housing Trust (LAR) is a Scottish charity set up to provide long term mid-market rented housing across Scotland.

Jes Staley It is being widely reported today that Barclays is set to name former JP Morgan banker James "Jes" Staley as its new chief executive.

Investment bank Cantor Fitzgerald Europe is to join the select group of investment banks with an office in Edinburgh after hiring four analysts and salespeople from Shore Capital and relocating one of its London-based analysts. Dr Brian White and Dr Paul Taylor will build a specialist sector offerin

A woman from Aberdeenshire has lost nearly £100,000 to fraudsters in a “boiler room” scam Police are investigating the incident which took place in the town of Oldmeldrum earlier this month.

Business advisers and accountants Scott-Moncrieff has landed a trio of significant tech business wins in as many weeks. The firm has been appointed as accountancy partner to CodeClan, Scotland’s first digital skills academy.

An Aberdeen based financial services company has been recognised for its outstanding customer service, gaining one of the UK’s highest profile awards. Phil Anderson Financial Services Ltd, which has offices in Aberdeen, Ellon and Caithness, has been named the winner of the Best Customer Service ca

A new Scottish Cabinet Secretary for Business should be charged with putting the welfare of local economies at the top of the next Scottish Government’s agenda, according to the Federation of Small Businesses (FSB). Launching their Scottish Parliament 2016 manifesto, the 19,000 strong membership b

A clutch of fund management heavyweights including former head of acquisitions for Aberdeen Asset Management, Hugh Little, and hedge fund manager Crispin Odey, founder of Odey Asset Management, have backed a multi-million buyout of law firm Turcan Connell’s asset management arm. Douglas Connell

Angus Deaton A Scottish economist Angus Deaton has won the Nobel memorial prize in economic sciences.

Tim Whewall BBC Radio 4's File on Four programme has investigated a "mind-bogglingly" complex financial scam which has seen Europe's poorest country robbed of $1 billion – with the trail leading to an ex-council flat in Edinburgh and fraudsters who have availed themselves of the Scottish Limited P

Jennifer Young Scottish law firm Ledingham Chalmers has increased group turnover to £12.5 million, exceeding 2014’s record turnover by 0.76 per cent.

The UK Government has forced Russian oligarch Mikhail Fridman to sell twelve North Sea gas fields after it was deemed not in UK interests to have the fields at risk of sanctions against Russians. Ineos, the chemicals giant that controls Grangemouth refinery and petro-chemicals plant, has taken them