News



Scottish Widows' London flit 'won't impact Edinburgh workforce'

Life and pensions group Scottish Widows has insisted it remains committed to Edinburgh after transferring billions of pounds of its life insurance business to London.

Published 24 February 2016

Historic powers finally agreed for Holyrood

A historic deal has been struck between Holyrood and Westminster to deliver new powers over tax and welfare to the Scottish Parliament, in line with pledges made during the independence referendum.

Published 24 February 2016

British Gas to appeal EAT ruling on holiday pay

An Employment Appeal Tribunal has ruled employees’ commission should be factored into holiday pay.

Published 23 February 2016

Commission research features online gambling trends for first time

New figures providing better insight into gambling behaviour in Britain have been published by the Gambling Commission.

Published 23 February 2016

Archangels breaks through £200m investment mark

Archangels, the Scottish business angel syndicate which has been at the forefront of early stage investing in the country for over two decades, has revealed today that last year saw total investment capital pass the £200m mark for the first time since its inception in 1992.

Published 23 February 2016

Salmon Company sees revenues dip

The Scottish Salmon Company has reported that revenues for the final three months of 2015 were £23.9m, down on the £30.8m recorded for the same period in 2014.

Published 23 February 2016

Dunedin Enterprise scoops 180 per cent return on CitySprint venture

Edinburgh-based private equity investor, Dunedin Enterprise Investment Trust, has made a 180 per cent return after selling its original investment in same day courier service CitySprint.

Published 23 February 2016

International trading specialist joins Campbell Dallas in Aberdeen

Campbell Dallas has appointed Zenga Lawrie, an expert in international trading, particularly in the oil and gas sector, as a new director based in the firm’s Aberdeen office.

Published 23 February 2016

Aegon UK reports fall in pre-tax profits

Edinburgh-based insurer Aegon UK has reported underlying pre-tax earnings of £19 million for the fourth quarter of 2015 – in line with the previous three-month period but down 17 per cent on a year earlier.

Published 23 February 2016

KPMG takes over at First Oil Expro as whole industry "sits at edge of a chasm"

KPMG has taken over at First Oil Expro after the Aberdeen-based business was placed into administration.

Published 23 February 2016

1.8 million 25-34 year-olds locked out of the housing market since 2001

A new report from the independent Social Market Foundation think tank has found that almost two million more young people have been locked out of the housing market since 2001 – and argues that property crowdfunding offers a way to help more people onto the housing ladder, while also providing much needed investment in housebuilding.

Published 22 February 2016

Standard Life 'votes' to remain in EU

Gerry Grimstone, chairman of Edinburgh-based insurance giant Standard Life, has called for the UK electorate to reject calls to leave the European Union, saying it would be damaging to the UK economy if a Brexit occurred.

Published 22 February 2016

Distiller ranked number-one private Scottish firm by Grant Thornton

The maker of Glenfiddich whisky has been named Scotland’s top private company of last year in a new report produced by Grant Thornton.

Published 22 February 2016

EIB drops in to scout Scottish investment options

A European Investment Bank (EIB) delegation is in Scotland this week to explore investment opportunities around the country.

Published 22 February 2016