News

Ramsay Duff Glasgow-based investors Maven Capital Partners has announced the purchase of a prominent office building in Glasgow city centre for redevelopment as student accommodation.

Derek May Scottish recruitment specialist Brightwork Group has appointed finance director Derek May as its new chief executive.

Aberdeen Asset Management and professional road cycling team NFTO (Not For The Ordinary) have announced a new partnership that will see the wealth manager become the team’s main jersey sponsor. The three year partnership is aimed to help NFTO fulfil its ambition of being the next UK team to compet

Staff placements in Scotland continued to grow during March but at a slower pace as starting salaries rose sharply driven by a lack of candidates, according to the Bank of Scotland’s latest report on jobs. The Edinburgh-based bank, whose survey found salaries eased to a 15-month low in February, r

Geoffrey Thomson Braveheart Investment Group has announced a reshuffle of its board in a move that will see its current chief financial officer step down.

The Association of British Insurers (ABI) has reported that the first week of new new pension freedoms saw more than 200,000 calls from people looking for advice. Between Tuesday and Friday last week, the ABI said its members handled a “surge” of 229,932 phone calls from customers interested in

Latest figures from the Post Office’s challenger banking arm, Post Office Money, have revealed that moving house in Scotland now costs, on average, more than £8,000. The data published today by the post office, in collaboration with the Centre for Economics and Business Research (CEBR), showed th

Derek Mickel Derek Mickel, the Scottish building tycoon who died tragically when he drowned in the sea in the Canary Islands last November, left a will containing a £6 million fortune, it has emerged.

The number of Scottish people out of work has risen by 9,000 in the three months to February. The total number of people classed as unemployed north of the border now stands at 167,000, according to the data from the Office for National Statistics.

David Lonsdale Footfall numbers in Scotland were 1.7 per cent higher in March than a year ago and up on the 1.2 per cent rise in February, according to the latest data from the Scottish Retail Consortium.

Advisory group Institutional Shareholder Services (ISS) has joined corporate governance watchdog Pirc in advising investors to vote in favour of a proposal from US hedge fund and 12 per cent stake holder Elliott Investors to install a trio of new directors at Dundee-based Alliance Trust. The news is

From left to right: Mike Brown, Head of Corporate Finance, Gordon Steele and Douglas Martin, both Corporate Finance Partners at AAB. Aberdeen accountancy firm Anderson Anderson & Brown (AAB) has been recognised as the top dealmakers in Scotland in 2014.

The Financial Conduct Authority (FCA), the UK’s City watchdog, has fined Bank of New York Mellon (BNY) £126 million for failing to keep customer money safe during the financial crisis. The fine was levied on the bank’s London branch and on Bank of New York Mellon International for breaches that

Peter Rogerson Edinburgh-based Virgin Money has appointed Hometrack as its new residential property data analysts to provide Automated Valuation Model (AVM) services to the challenger bank under a three-year licence.

Emma Chalmers Properties in Perthshire are changing hands at a rapid rate with numbers of sales and property prices both continuing to rise in the region.