News



Mixed Monday for award-nominated Alliance chief as latest dissenting voice emerges

Alliance Trust chief executive Katherine Garrett-Cox, who is currently embroiled in an increasingly bitter dispute with an American activist investor to shake up the Dundee-based firm’s board, has now been short-listed for a prestigious national award.

Published 1 April 2015

Goodwin and other former RBS directors ordered to release private e-mails in £4bn case

Fred Goodwin, the disgraced former Royal Bank of Scotland chief executive has been ordered by a High Court judge to hand over personal e-mails he sent in the run-up to the bank’s 2008 share sale.

Published 1 April 2015

Financial services firms remain upbeat as profitability improves – CBI/PwC

Optimism in financial services rose strongly in the three months to March and profitability improved in most sectors, according to the latest CBI/PwC Financial Services Survey.

Published 1 April 2015

Scottish builders’ confidence up again

Confidence within the Scottish construction industry has reached a new record high of PLUS 29, up three points on the rating recorded at the end of 2014.

Published 1 April 2015

Johnston Carmichael expands international credentials with key tax appointment

Johnston Carmichael is to enhance its integrated employment solutions offering with the strategic appointment of Richard Britten.

Published 1 April 2015

Lloyds commits £30bn to UK infrastructure projects

Edinburgh-based Lloyds Banking Group has committed to supporting key UK infrastructure projects within the Government’s National Infrastructure Plan over the next three years.

Published 1 April 2015

New head of Accountant in Bankruptcy announced

Current head of the Fire and Rescue Division at the Scottish Government, Richard Dennis, has been appointed the new chief executive officer ofAccountant in Bankruptcy (AiB).

Published 1 April 2015

Complaints on banking and credit cards up as total complaints fall by 7 per cent

The latest complaints data published by the Financial Conduct Authority(FCA) has shown financial services firms received 2,183,540 new complaints (including those related to PPI) between July and December 2014.

Published 1 April 2015

And finally…UK's dentists smiling all the way to the bank as turnover hits £1 billion

Top dentists' incomes have gone up by more than a fifth as more people spend on cosmetic dental treatment, according to new research.

Published 1 April 2015

Business Briefs - March 27th

Perth-based energy giant SSE has agreed to sell a 16-megawatt onshore wind farm in Scotland to GE Financial Services, a unit of General Electric Co.

Published 1 April 2015

RBS sells Coutts International to UBP

Royal Bank of Scotland has today announced that it is to sell Coutts International, its internationally managed private banking and wealth management business, to Swiss bank Union Bancaire Privée (UBP).

Published 1 April 2015

Aberdeen to buy the remaining shares in the Aberdeen SVG private equity joint venture

Aberdeen Asset Management has announced that it has agreed to purchase SVG Capital’s stake in their joint venture vehicle, Aberdeen SVG Private Equity Managers Limited for £29 million.

Published 1 April 2015

Deloitte boosts oil and gas tax team with director appointment

Deloitte has strengthened its north east team with the appointment of director Oliver Pendred to its Aberdeen office.

Published 1 April 2015

Alliance board writes letter appeal to shareholders

The board of Alliance Trust has issued a direct appeal to its 60,000 shareholders to reject a move by its largest investor to install a trio of new directors on the Dundee-based firm’s board.

Published 1 April 2015

Homes in Scottish cities ‘becoming less affordable’

The average price for a city home in Scotland has increased 7 per cent on last year, according to the Bank of Scotland Affordable Cities Review.

Published 1 April 2015