News



'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

New partners strengthen Begbies Traynor Group team in Scotland

Begbies Traynor Group has announced the appointments of Thomas McKay as partner in its business rescue and recovery division in Scotland and Simon Watson as partner in the specialist consulting division, which operates under the BTG Financial Consulting brand.

Published 13 April 2015

Oil price fall checks Aberdeen rents as Scottish trend continues upwards

The crashing price of oil has claimed it latest casualty in Aberdeen –the trend of rising rental costs.

Published 13 April 2015

Fraudsters in £2.2m internet holiday accommodation scams

A new report issued by the National Fraud Intelligence Bureau (NGIB) has revealed that around 70 people fell victim to an accommodation scams centred around last year’s Glasgow Commonwealth Games.

Published 13 April 2015

Maven Capital Partners and Scottish Loan Fund provide £2m funding for data management firm

Maven Capital Partners and the Scottish Loan Fund, a mezzanine fund managed by the Glasgow-based investment house, have announced a £2 million investment in the data management solutions provider Traceall Global.

Published 13 April 2015

CR Smith’s legal win brings £4m cash injection

Latest accounts for Fife-based double glazing and conservatory company CR Smith have shown the firm to have posted a healthy profit on the back of a seven-figure payout following a successful legal action stretching back more than a decade.

Published 13 April 2015

Hiring intentions sky-high but productivity continues cause for concern -BDO

Business hiring intentions are at ‘sky-high’ levels with figures stronger than the heady days of the mid 2000s boom, according to the latest Business Trends Report from accountants BDO.

Published 13 April 2015

March activity down slightly, but new work rises - Bank of Scotland PMI

Activity levels in Scotland’s private sector economy were marginally lower during last month as fractional growth in manufacturing output was offset by a slight decline in service sector activity.

Published 13 April 2015