News



Three-quarters of UK oil and gas workers set for North Sea exodus

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.

Published 15 April 2015

Ocean Terminal to get £6m revamp

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”.

Published 15 April 2015

North East accountant PAFS makes ‘Living wage’ pledge

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.

Published 15 April 2015

Shareholder watchdog wades into Alliance Trust board battle with call to back activist

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.

Published 15 April 2015

A slower than expected start to 2015 but the outlook remains positive -SCC

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

Published 15 April 2015

Business Briefs - April 14

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.

Published 14 April 2015

March shoppers hit the high street as effect of early Easter is felt –BRC/KPMG

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

Published 14 April 2015

'Male accountants and bankers expect a third more money than women'

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.

Published 14 April 2015

Breaking-up is hard to do for half of financially embroiled Scots

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.

Published 14 April 2015

Clydesdale hit with £20m fine for 'serious PPI complaint failings'

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.

Published 14 April 2015

Big rise at Edinburgh and Glasgow airports but Aberdeen passenger numbers stall

The number of people travelling from Glasgow and Edinburgh airports showed a large increase in March while Aberdeen has suffered a second consecutive month of falling passenger numbers, according to latest data.

Published 14 April 2015

Alliance Trust posts encouraging Q1 results but speeds up search for 'independent' new director

Dundee-based investor Alliance Trust has announced the appointment of headhunters to find a new non-executive board member as it aims to head off the challenge of activist investor Elliott Advisors ahead of this month’s crunch AGM.

Published 14 April 2015

Business Briefs - 13 April

Edinburgh insurance giant Standard Life has reported receiving an unprecedented level of inquiries from customers since the dramatic shake-up of pensions rules took effect last Monday.

Published 13 April 2015

Alliance Trust chief reiterates opposition to Elliott as crunch meeting looms -Video

Katherine Garrett-Cox, the under-fire chief executive of Dundee-based Alliance Trust, has restated calls for shareholders to reject the attempt by Elliott Advisors to get three non-executive directors elected to its board ahead of a crunch AGM on 29 April.

Published 13 April 2015

Skyscanner soars to top of BDO’s 100 fastest-growth league table

Skyscanner, the Edinburgh-based travel search engine, has hit the top three of the UK’s 100 fastest growing firms over the last three years in a list that also features 10 other Scottish firms.

Published 13 April 2015