News



Aberdeen has £307bn assets under management

Aberdeen Asset Management had assets worth £307.3 billion under management at the end of June 2015, a slight decline on £330.6 billion at the end of March.

Published 23 July 2015

Lloyds ordered to reveal HBOS takeover legal advice

Lloyds Banking Group has been ordered to reveal legal advice it received in the run-up to its takeover of Scottish bank HBOS during the 2008 financial crisis.

Published 23 July 2015

RBS appoints external advisers in GRG investigation

The Royal Bank of Scotland has reportedly appointed external advisers to assist an investigation into its historic treatment of small business customers.

Published 23 July 2015

Scottish Power expects £150m carbon tax bill

Scottish Power expects to pay a £150 million carbon tax bill this year, prompting Spanish owner Iberdrola to complain about the tax's impact on fuel prices.

Published 23 July 2015

Mallzee app developers win £2.5m funding boost

An Edinburgh-based start-up responsible for a popular mobile shopping app has won major new funding from Royal Mail Group (RMG) and other investors.

Published 23 July 2015

HBOS collapse report may be delayed to 2016

MPs have been advised that a 500-page report into the collapse of Scottish bank HBOS has been delayed, possibly delaying it being published until 2016.

Published 22 July 2015

Osborne brings forward Bank of England Bill

The UK government is bringing forward legislation to improve the governance of the Bank of England and consolidate its financial regulation powers.

Published 22 July 2015

Aberdeen Asset launches multi-asset income fund

Aberdeen Asset Management has launched a new multi-asset income fund designed for "the post-financial crisis world".

Published 22 July 2015

Figures show drop in Scottish corporate insolvencies

The number of Scottish corporate insolvencies in the first quarter of the year is 21.2 per cent lower than over the same time last year, according to new Accountant in Bankruptcy (AiB) data.

Published 22 July 2015

Evel threat to Scottish influence on monetary policy

Scotland would lose influence over UK monetary policy as a consequence of English Vote for English Laws (Evel) proposals, a new report says.

Published 22 July 2015

IoD calls for interest rate hike ahead of 'next crisis'

The Institute of Directors (IoD) has called on the Bank of England's Monetary Policy Committee to start "normalising" interest rates.

Published 22 July 2015

SNP calls for end to police and fire rescue VAT 'anomaly'

The Scottish National Party yesterday repeated its call for the UK government to end the "anomaly" that sees Scotland's police and fire rescue services paying VAT.

Published 22 July 2015

Barclays rumoured to be planning further job cuts

Barclays, which employs around 3,000 people in Scotland, may be planning to cut more British jobs, according to a newspaper report.

Published 21 July 2015

Bank of Scotland appoints Gillian Henderson to commercial banking role

The Bank of Scotland has appointed Gillian Henderson as the lead director of commercial banking in Scotland.

Published 21 July 2015