News

Fred Goodwin, the disgraced former Royal Bank of Scotland chief executive has been ordered by a High Court judge to hand over personal e-mails he sent in the run-up to the bank’s 2008 share sale. At a hearing last week, Mr Justice Hillyardapproved the request to have the correspondence made public

Optimism in financial services rose strongly in the three months to March and profitability improved in most sectors, according to the latest CBI/PwC Financial Services Survey. Despite overall business volumes across the sectors continuing to increase, the pace of growth was the slowest in a year.

Confidence within the Scottish construction industry has reached a new record high of PLUS 29, up three points on the rating recorded at the end of 2014. This is the headline result of the most recentScottish Construction Monitor, a quarterly survey of the membership of the Scottish Building Federat

Johnston Carmichael is to enhance its integrated employment solutions offering with the strategic appointment of Richard Britten. Mr Britten (pictured), a seasoned tax and national insurance professional, has accumulated more than 20 years’ experience in international tax and employment taxation w

Edinburgh-based Lloyds Banking Group has committed to supporting key UK infrastructure projects within the Government’s National Infrastructure Plan over the next three years. The Group will provide financial assistance to infrastructure initiatives that have a total project value of £30bn by the

Current head of the Fire and Rescue Division at the Scottish Government, Richard Dennis, has been appointed the new chief executive officer ofAccountant in Bankruptcy (AiB). Boasting a long and distinguished career in the Civil Service, both in Scotland and at Whitehall, Dr Dennis (pictured) will jo

The latest complaints data published by the Financial Conduct Authority(FCA) has shown financial services firms received 2,183,540 new complaints (including those related to PPI) between July and December 2014. Overall complaints decreased by 7 per cent compared to the previous six months and by 12

Top dentists' incomes have gone up by more than a fifth as more people spend on cosmetic dental treatment, according to new research. Top dentists' incomes have gone up by more than a fifth as more people spend on cosmetic dental treatment, according to new research.

Perth-based energy giant SSE has agreed to sell a 16-megawatt onshore wind farm in Scotland to GE Financial Services, a unit of General Electric Co. Under the deal, GE will own and operate the 10-turbine project near Hawick when construction is finished in the first half, Perth, Scotland-based SSE s

Royal Bank of Scotland has today announced that it is to sell Coutts International, its internationally managed private banking and wealth management business, to Swiss bank Union Bancaire Privée (UBP). The Financial Times has reported that UBP will pay between $600m and $800m for the business.

Aberdeen Asset Management has announced that it has agreed to purchase SVG Capital’s stake in their joint venture vehicle, Aberdeen SVG Private Equity Managers Limited for £29 million. In May 2013, Aberdeen acquired a 50.1 per cent stake in Aberdeen SVG Private Equity from SVG Capital plc with th

Deloitte has strengthened its north east team with the appointment of director Oliver Pendred to its Aberdeen office. The ‘big four’ firm said the move comes amid growing demand for international tax services from oil and gas companies.

The board of Alliance Trust has issued a direct appeal to its 60,000 shareholders to reject a move by its largest investor to install a trio of new directors on the Dundee-based firm’s board. In a circular sent out yesterday, the Trust’s current bosses claimed that the boardroom shake up instiga

The average price for a city home in Scotland has increased 7 per cent on last year, according to the Bank of Scotland Affordable Cities Review. The deterioration of home affordability for city dwellers in Scotland means the average price (£175,962) stands at 5.24 times gross annual average earning

Aberdeen had the highest hotel revenue outside London for 2014 as Scotland’s hospitality sector outperformed the rest of the UK, according to the latest report by accountants BDO. The firm’s regular hotel survey found that the annual revenue (the industry term for rooms yield) in Aberdeen was hi