News



Alliance buys back £64m of shares

Alliance Trust has ramped up purchases of its shares, spending over £26 million last week in a determined bid to lower their discount.

Published 23 November 2015

Scotland needs to encourage and retain medium and large businesses - BDO

The number of business in Scotland may have risen to a record high but the majority of this growth has been in one man operations with the number of medium to large firms either static or having risen by a small percentage, according to analysis of the latest statistics by accountants BDO.

Published 23 November 2015

New risks, new rules: financial community shows governance is the new differentiator in investment decisions

New research from Aberdeen Asset Management has revealed the integral part that governance plays in the investments asset managers make and what clients expect of them.

Published 23 November 2015

Standard Life: shareholders would back HSBC HQ migration

Edinburgh-based insurance giant Standard Life, which owns 1 per cent of HSBC, has said it would back a move by the lender, which is Britain’s biggest bank, to relocate out of the country.

Published 23 November 2015

Lords calls on PM to halt Scotland Bill amid worries over fiscal framework

The House of Lords has called on the Prime Minister to halt the Scotland Bill amid fears the process is being undertaken with “undue haste” and without an assessment of the political and economic consequences for the UK.

Published 20 November 2015

First borders distillery for two centuries to be built following £10m cash injection

Work to build a £10 million whisky distillery in Hawick will begin next year after The Three Stills Company (TTSC) announced that it has secured the necessary £10 million funding needed to redevelop the empty Turnbull and Scott premises.

Published 20 November 2015

RBS scraps bonuses for 20,000 retail staff

Royal Bank of Scotland has said it is scrapping sales bonuses for staff working at the 73 per cent taxpayer-owned lender’s retail banks.

Published 20 November 2015

Glasgow leads the way as city level house price inflation set for 10% growth in 2015

Hometrack’s UK Cities House Price Index has recorded annual house price growth of 9.4 per cent per annum, and looks set to reach 10 per cent by the year end.

Published 20 November 2015

151 companies sign-up to ‘Scottish Business Pledge’ in six months

New figures obtained by Written Parliamentary Question have revealed that, since since its inception six months ago, the Scottish Business Pledge has welcomed 151 businesses with a total of 38,000 employees.

Published 20 November 2015

And finally...Glasgow motorists pay more in fines than anywhere else in UK

Motorists in Glasgow have paid more fines this year in traffic offences caught on CCTV than in any other council area in the UK BBC Newsreports.

Published 20 November 2015

Veteran drinks industry trio buy Broughton Ales

Three drinks industry veterans have bought Scottish Borders-based craft brewer Broughton Ales.

Published 20 November 2015

Gilbert: ‘Aberdeen’s independence is essential’

Martin Gilbert, Aberdeen Asset Management’s founder and chief executive, has spoken publicly about the asset manager’s need to remain independent as he quashed recent speculation that he was gearing-up for a sell-off.

Published 20 November 2015

HBOS report puts 10 executives in line for ban

The long-awaited PRA/FCA report into the failure of HBOS has suggested that up to 10 former executives of the lender that had to be bailed out by the UK taxpayer at a cost of £25 billion at the height of the financial crisis should be banned from working in the City.

Published 20 November 2015

FCA to probe asset management market

The Financial Conduct Authority (FCA) has set out the areas it will focus on in its market study into competition in the asset management industry.

Published 19 November 2015

80,000 Scots now employed in tech

A new survey has revealed that 80,000 Scots (one in 25) now work in the technology industry, with more than 1,000 works places in the sector.

Published 19 November 2015