UK bankers and market watchers now place fears about cyber crime at the top of a list of 24 possible risks to banks, a view slightly at odds with many countries around the world which rate the economic environment as posing the greatest risk. Banks are seen as prime targets for financial crime, part
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Royal Bank of Scotland Group is to prioritise cost cutting at its private client subsidiary Coutts during the first half of next year, Bloomberg has reported. Alongside cost reductions at RBS’s investment bank and its Irish Ulster Bank division, chief executive officer Ross McEwan wants to lower e
Scotland’s jobs outlook is at its brightest since the third quarter of 2013, but employment confidence still trails the rest of the UK, according to a new study. Recruiter Manpower surveyed 2,102 UK employers, asking whether they intend to hire more workers or reduce the size of their workforce in
Scotland’s largest communications agency The BIG Partnership has announced that all of its interns will now be paid the voluntary living wage of £8.25 per hour. The company has also called for the eradication of unpaid internships across the PR, media and marketing industries, which, it says, can
Latest data from the British Retail Consortium (BRC) and accountants KPMG have provided bad news for UK retailers after revealing Black Friday sales failed to boost turnover at UK stores during November. Sales in November at stores open for more than a year fell 0.4 per cent from the same month in 2
Authorities in Nigeria have been left red-faced after the country's telecom regulator admitted that it had made a $500m (£330m) typing error when announcing a reduction in a massive fine imposed on Africa's largest mobile operator. The Nigerian Communications Commission (NCC) initially said the $5.
Duncan Bannatyne Scottish businessman and TV personality Duncan Bannatyne provided false evidence during a divorce struggle with his former wife, a judge has said.
Alistair Darling Former Chancellor of the Exchequer and head of the 'Better Together' campaign, Alistair Darling, is to join investment bank Morgan Stanley’s board of directors.
Rail journeys between Scotland and England will undergo a massive transformation, thanks to a significant package of improvements being delivered in a new franchise deal, the UK government announced today. The UK government has announced that it intends to award the TransPennine Express franchise to
Mark Harries Aberdeen Asset Management’s co-head of multi-manager and former head of multi-manager at Scottish Widows Investment Partnership, Mark Harries, has left the firm.
Royal Bank of Scotland has introduced a range of measures to support its personal and business customers affected by the serious flooding across much of north west England and southern Scotland and ease the financial strain caused. For personal customers, the Edinburgh-based lender and its NatWest s
Perth-based transport giant Stagecoach has cited spooked passengers in the wake of recent terrorist attacks as reason for “modestly” cutting its forecasts for the year running to the end of April. Shares slid 14 per cent on the news with the company saying that travellers have become wary of tra
St Andrews, Fife. Fife is home to the some of the UK’s best performing micro-businesses based on growth, according to Experian.
Revised plans for a proposed golf and tennis centre near Dunblane have been rejected by Stirling Council.