News

Plans for a £1 billion City Deal involving six local authorities has moved a step closer following a £275,000 investment by Fife Council. The council is working with five other local authorities on the City Deal plan which could generate millions of pounds of investment and grow local economies.

Stuart Gulliver HSBC, Britain’s biggest bank, is to announce plans to cut 20,000 jobs globally.

Edinburgh-based wealth manager Standard Life Investments has announced plans to rename 10 funds taken on as part of its acquisition of Ignis last year. Under the plans, which are part of an initiative of integration, the funds will retain the word Ignis in their titles but will now include the suffi

A 16 per cent increase in private-led new build homes has accounted for a large proportion of a continued rise in housing completions across the country. Housing statistics released today show the Scottish Government shows a total of 12,188 private-led new build homes were completed in the year to e

Glasgow City Council has revealed details of the range of projects to benefit from its share of a £1.13 billion City Deal over the next 10 years. The work, which will result in £400 million being spent in Glasgow, will include a new bridge, cycle routes, improved roads and pavements and the creati

Richard Cockburn Commercial lawyers Bond Dickinson have announced seven per cent growth for the business, buoyed by continuing activity for its Aberdeen office.

Scottish engineering dips again The Scottish engineering sector has suffered falls in output and order intake for a second consecutive quarter, with the troubles of the oil and gas industry weighing on activity.

Douglas McDougal Investment group Scottish Investment Trust has announced that its net asset value per share total return in the first half of the year fell just short of 10 per cent.

George Osborne Chancellor George Osborne’s Mansion House address to senior City figures next week is expected to include a layout of plans for the selling off of the government’s 80 per cent stake in Royal Bank of Scotland.

James Forbes James Forbes is a Partner at Scottish law firm Burness Paul

Fiona McBain Scottish Friendly Assurance has announced the completion of its takeover of Marine & General Mutual (M&GM).

Paul Frame Investment and planning group, Tilney Bestinvest has been appointed as the Law Society of Scotland’s expert partner offering investment management and financial advice for solicitors’ clients.

Dane Houlahan Specialist investors with an understanding of the cyclical nature of the oil and gas industry see opportunities in the current oilfield services market, according to KPMG.

George Osborne The UK Government has confirmed that it will launch a Lloyds share sale to the public "in the next 12 months".

Complete Prestwick Airport Board announced Four Non-Executive Directors have been appointed to the Board of Glasgow Prestwick Airport, which is owned by the Scottish Government.