News

Eric Riley Celtic Football Club’s finance director is to step down later this year due to health reasons, the club has announced.

Latest official figures have shown that total bonus payments received by British workers last year were almost back at the record levels enjoyed before the financial crisis. But bonuses paid to bankers and financial industry staff fell to £13,100 on average, £800 less than the previous year as tou

Scotland’s thriving food and drink industry is projecting five years of strong growth and the creation of 14,000 new jobs. According to a new report from the Bank of Scotland, the nation’s producers are on course to deliver a 19 per cent increase in turnover on average between now and 2020.

Scotland’s medium-sized firms are being stopped from achieving their potential by a lack of affordable long-term funding, according to a new report from the CBI and accountants BDO. The research revealed that medium-sized businesses make up only 1.9 per cent of the stock of companies in Scotland b

The Scottish Loan Fund has completed a £2 million mezzanine debt investment in Smarter Grid Solutions enabling the company to accelerate product development and fund its continued expansion in the UK, Europe and the US. Founded in 2008, with shareholders including the University of Strathclyde, the

Second Quarter house purchase lending in Scotland saw a 39 per cent quarter-on-quarter rise as increases were recorded in both the number of loans made and the amount borrowed. According to the latest data from the Council of Mortgage Lenders, while the year-on-year comparison for Q2 was less substa

Social Investment Scotland, which invests funds put up by banks and the Scottish and UK governments, has revealed that it provided a record £7.5 million to 45 social enterprises, charities and community organisations over the last year. SIS chairman Nick Kuenssberg, whose daughter Laura was named l

The soaring cost of energy prices is fuelling a rise in the number of Scottish homeowners who are installing solar panels, according to new research carried out on behalf of loan, mortgage and credit card provider Ocean Finance. Over half of those questioned said they had recently installed solar pa

Caledonian MacBrayne (CalMac) has become the latest Scottish business and the UK’s first ferry operator Living Wage employer.

International Financial Data Services (“IFDS”), a global provider of outsourced administration and technology solutions to the investment, retirement, insurance and wealth management markets, has announced plans to recruit more than 100 new staff in Scotland. The new jobs will support the growin

Insiders at Glasgow-based Clydesdale Bank have been forced to deny reports that its planned £2.5 billion sell-off by parent company National Australia Bank has been met with a cool response from institutional investors. The voices coming from the Clydesdale, which has become a toxic debt-ridden and

Edinburgh-based insurance giant Standard Life has announced that it has become the first private sector company to receive recognition as a “Living Wage Friendly Funder” in the UK from the Living Wage Foundation. This is an extension to Standard Life’s commitment to the Living Wage and the imp

Geoffrey Thomson Perth-based investment firm Braveheart has announced that founder and chief executive Geoffrey Thomson has quit as the firm announced losses of more than £760,000.

Ian McCall Ian McCall is a Partner at Deloitte

Scottish Enterprise has revealed that its investment arm, the Scottish Investment Bank (SIB), invested £66.5 million into 155 Scottish companies during 2014/15, leveraging a record private sector investment of £99 million. SIBs investment has more than doubled the amount invested during the previo