News



NIESR: Brexit deal loss to UK equal to Welsh GDP

If the UK government’s proposed Brexit deal is implemented, then GDP in the longer term will be around 4 per cent lower than it would have been had the UK stayed in the EU, a new report published today by the National Institute of Economic and Social Research has estimated.

Published 27 November 2018

Credit Suisse boss leaves Standard Life Aberdeen board

Standard Life Aberdeen has announced the departure of Gerhard Fusenig, the managing director of Credit Suisse’s asset management arm, from its board.

Published 27 November 2018

Applicant background check failure rate doubles in two years

The proportion of applicants failing employment background checks has nearly doubled since 2015, according to research by Core-Asset Verify, the Edinburgh-based provider of vetting and contract services for Scotland’s financial sector.

Published 27 November 2018

Increase in loan to earnings ratios a risk to property market if it continues

The rise in loan to earnings ratios to levels not seen since the 2008 property collapse may produce a risk of a future property crash if it continues, according to a study by property management firm DJ Alexander.

Published 27 November 2018

Watson Wood appoints new financial planner

Watson Wood Financial Planning has announced the appointment of Martyn Percival who joins the Inverness-based firm as its third financial planner from Johnston Carmichael's wealth management division.

Published 27 November 2018

Popular Arran bar under new ownership following RBS package

A popular bar and brasserie on the Isle of Arran has reopened under new ownership, thanks to a six-figure funding package from Royal Bank of Scotland.

Published 27 November 2018

Rangers clear credit facility

Glasgow-based football club Rangers have cleared a £3 million credit facility with financiers taking a club car park, a derelict ticket office and stadium TV screens off the hook.

Published 26 November 2018

Prudential: Advisers counting on accountants and solicitors for growth

Advisers are increasingly optimistic that partnerships with accountants and solicitors will help drive new business in the year ahead, research from Prudential has revealed.

Published 26 November 2018

Nearly one in five investors expect the UK stock market to fall by over 10 per cent in the next six months

Almost a fifth UK retail investors expect the UK stock market to fall by over 10 per cent between now and April 2019, while 6 per cent anticipate a correction of more than 15 per cent, according to new research from DIY investment platform Willis Owen.

Published 26 November 2018

BDO and Moore Stephens in advanced merger discussions

Accountancy and business advisory firms, BDO and Moore Stephens LLP, are in advanced merger discussions to complete a deal that would see the creation of a firm to supplant Grant Thornton as the fifth-biggest player in Britain.

Published 26 November 2018

FSB calls for Scottish business Brexit fund

The Scottish Government should set aside £75 million to help firms adapt to the UK leaving the European Union, the Federation of Small Businesses (FSB) has urged Ministers.

Published 26 November 2018

Royal Bank of Scotland extends digital loans to £750k for business customers

Royal Bank of Scotland has today announced the launch of a new digital platform which will be available to all Royal Bank business and commercial customers allowing them to apply online for secured and unsecured loans of up to £750,000 – the largest digitally available loans in the industry.

Published 26 November 2018

Inventor of the cash machine and pin code backs Scottish MP's bill to ban ATM charges

Dr James Goodfellow CBE, the Scots inventor of the ATM and the PIN code has endorsed a bill by Labour MP Ged Killen which seeks to ban ATM charges and prevent financial exclusion.

Published 26 November 2018

Leonard Curtis appointed administrator of Edinburgh music retailer

Stuart Robb and Julien Irving of Leonard Curtis Business Rescue & Recovery Limited have been appointed joint administrators of Red Dog Music Limited.

Published 26 November 2018

Scots businesses urged to lead the UK in ethnic employment opportunities

The chief executive of Adopt an Intern (AAI) will today tell its largest ever conference gathering in Glasgow that Scots businesses must strive to lead the UK in the creation of more ethnic employment opportunities.

Published 26 November 2018