News

Regulators have given final approval for Spain's Banco Sabadell's £1.7 billion takeover of TSB. The backing of the Financial Conduct Authority and Prudential Regulation Authority comes a year after TSB was spun out of bailed-out Lloyds Banking Group under orders from European regulators.

Amendments to the Scotland Bill which would effectively give the Scottish Parliament the power to design its own welfare system have been rejected by the UK government. A vote in the House of Commons yesterday followed a third day of debate on the legislation, which largely focused on welfare powers

Peter Guow Companies with employees or directors holding shares, securities or options over shares need to register before 6th July to avoid a penalty, according to accountants BDO.

John Slade French bank BNP Paribas’ real estate division has expanded its Scottish operation with the opening of a new office in Glasgow following the recruitment of three senior retail experts from competitors JLL.

Whisky maker profits tumble after rum writedown Edrington Group, which is the company behind The Famous Grouse and The Macallan whisky brands has reported a 9.4 per cent fall in pre-tax profits, after a £239 million writedown for its Brugal rum brand.

An inquiry into the UK's future relationship with the European Union is to be conducted by the Scottish Parliament’s European and External Relations Committee.

A landmark £30 million development is to be built within Perth city centre.

Carolyn Fairbairn The CBI today announced that Carolyn Fairbairn is to become its new Director-General.

Crawford Gillies Perth-based Energy giant SSE has appointed Scottish Enterprise chairman Crawford Gillies as its new non-executive director and senior independent director.

Official figures released by the Bank of England have revealed that last month saw an increase in lending to small and medium-sized enterprises by the country’s banks. The data showed banks increased SME lending by £106 million net of repayments last month, marking the fourth monthly increase thi

A new piece of research headed by global accountants Deloitte could help the oil and gas industry understand and implement greater collaboration in the North Sea as the sector continues to manage lower oil prices. Today the firm launched its inaugural oil and gas collaboration survey, with support f

Andrew McNamara Accountancy and business advisory firm BDO LLP in Scotland has launched a new accounting service to mid-market corporates and fast growth SMEs.

More than 6,000 Scots students are among almost 32,000 students across the UK who are currently using payday loans to make ends meet. According to the Unite Students Insight Report: Finance, the number of Scottish students who are using the controversial loans, that can charge APR rates of up to 1,5

Calls have been made to reduce the tax burden on Scottish businesses after analysis by the Scottish Parliament Information Centre revealed that firms in some parts of the country are paying more than a fifth of their surplus earnings on rates bills. The data showed that the average business rates bi

Michael Matheson Police Scotland is facing questions from Justice Secretary Michael Matheson about its fleet of luxury cars - including BMWs and Land Rovers - for senior officers and staff.