News

Sir Ian Wood NHS Grampian has accepted a £10 million donation from the Wood Foundation to develop a multi storey car park at the Foresterhill Health Campus in Aberdeen.

Four men have pleaded guilty for corruption following an investigation into the allocation of public building work contracts at the City of Edinburgh Council. Former council employees Charles Owenson, 62, and James Costello, 44, received tens of thousands of pounds worth of bribes from an Edinburgh-

Unemployment in Scotland has risen by 19,000 to reach 168,000 during the first quarter of the year. Official figures from the Office for National Statistics show an unemployment rate of 6 per cent north of the border, compared with 5.5 per cent for the whole of the UK.

Sir Gerry Grimstone Edinburgh-based insurance giant Standard Life has re-emerged within financial advice arena after completing the acquisition of wealth manager Pearson Jones from Skipton Building Society.

Martin Watt and James Dickie. Aberdeenshire-based craft-beer group and crowdfunding pioneer BrewDog has raised £5 million in just 20 days as a result of its latest round of fundraising.

Credit ratings agency Fitch has placed the Clydesdale Bank on its 'rating watch negative' list following last week’s news that it is to demerge from Australian parent company, National Australia Bank. It means that the Glasgow-based lender, which includes Yorkshire Bank, is likely to have its cred

Marcelino Castrillo Royal Bank of Scotland has announced that Marcelino Castrillo, formerly managing director of SME banking at Santander, is to join the bank in the same role within it business banking division.

Supermarket giant Tesco has named Deloitte as its new auditor. The new arrangement ends a 32-year relationship between the retailer and PricewaterhouseCoopers (PwC).

Antonio Horta-Osario The UK Treasury has sold another tranche of shares in taxpayer-backed Lloyds Banking Group, which it bailout at the height of the financial crisis in 2008.

Edinburgh-based global asset manager, Standard Life Investments, has awarded its prestigious Annual Finance Working Paper Prize to an academic paper which investigates corporate lobbying. The winning paper, “The corporate value of (corrupt) lobbying”, by Dr Alexander Borisov, Assistant Professor

Mid-tier Scottish accountancy firm French Duncan has signed up to a corporate partnership agreement with National Theatre of Scotland that will see it sponsor an upcoming performance of The Driver’s Seat at The Lyceum in Edinburgh next month.

Hugh Boyle Hugh Boyle has been appointed as head of hospitality and tourism at Johnston Carmichael.

Katherine Garret-Cox Katherine Garrett-Cox, the chief executive of Dundee-based investment firm Alliance Trust, has been announced as the winner of the Veuve Clicquot Business Woman Award 2015.

Alison Fyfe Edinburgh-based real estate finance group Urbicus has appointed a former senior Royal Bank of Scotland director to help drive forward the expansion of its lending arm Castle Capital.

Edinburgh-based crowdfunding software provider ShareIn is to transition from equity crowdfunding platform to a provider of services on the back of a new $1 million (£646,000) investment. According to a company report, ShareIn has chosen a “radical change in strategy” by moving from a transactio