News

Anton Colella The Institute of Chartered Accountants of Scotland and the Chartered Institute of Public Finance and Accountancy are to work together in developing a joint qualification covering both public and corporate sector audit.

Ruth Davidson Scottish Conservative leader Ruth Davidson has launched a fierce defence of Right to Buy as prime minister David Cameron announced plans to “radically expand” the scheme in England.

Energy giant Centrica, the owner of Scottish Gas, has appointed a former Aviva boss to run its residential energy business. Mark Hodges becomes managing director of the key operation at a time when the energy market is the subject of a fullscale competition inquiry.

David Wheldon The Royal Bank of Scotland Group has announced the appointment of former head of advertising at Coca-cola David Wheldon to its new chief marketing officer role.

Latest official data has revealed that the Scottish economy grew by 2.7 per cent during 2014 and 0.6 per cent in the final three months to December. Liz Cameron

Mark Guest More than half of Scottish oil and gas workers are pessimistic about their short-term prospects and three-quarters of the sector’s UK work force are considering working abroad, according to a new study.

The owner of Edinburgh’s Ocean Terminal shopping centre has announced plans for a £6 million redevelopment the site with a scheme that will “include the introduction of new uses including residential and hotel development”.

Phil Anderson A north-east accountants Phil Anderson Financial Services (PAFS) has pledged to boost the pay of its staff after announcing its support for the growing “living wage” campaign.

The increasingly fraught struggle over the future of Alliance Trust’s board has taken a fresh twist after influential corporate governance watchdog Pirc gave its backing to the US hedge fund attempting to install a trio of new directors at the Dundee-based investment house. The intervention is a b

Liz Cameron The Scottish Chambers of Commerce has reported a hesitant start to the year but remains optimistic for the rest of 2015.

Latest data from the Office for National Statistics has shown the UK's inflation rate remained at a record low of 0 per cent in March. The official figures show cheaper clothing and footwear, offset by a rise in petrol prices, helped to maintain the rate at 0 per cent for a second month.

David McCorquodale Latest retail data has shown a rise in shopper numbers last month prompted by the early Easter holiday.

Men working in accountancy, banking and the energy sector expect salaries which are almost a third more than their female counterparts, according to a new report. Also revealed was that the average working woman expects to earn 20 per cent less than a man in the same job as her.

More than half of Scots say they cannot break free from an ex-partner because they have joint finances, according to research by Debt Advisory Centre Scotland. The debt advice and solutions provider’s data showed that one of the most difficult things to resolve following relationship break down is

Georgina Philippou The Financial Conduct Authority (FCA) has fined Glasgow-based Clydesdale Bank £20,678,300 for serious failings in its Payment Protection Insurance (PPI) complaint handling processes between May 2011 and July 2013.