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Clydesdale Bank owner CYBG has announced that it will close the former Virgin Money HQ in Edinburgh. The closure is part of a restructuring effort which will result in around 330 jobs being lost.

Project Heather has announced the opening of a consultation on the exchange’s proposed impact reporting philosophy and methodology. Presenting suggested elements for what an ideal issuer on its exchange might look like, including the core pillars required to support impact reporting by its iss

Global asset manager Aberdeen Standard Investments (ASI) has won recognition for its strong environmental, social and governance (ESG) performance across its real estate funds. ASI was awarded 33 "green stars" in an annual assessment by GRESB, the highest number of stars awarded to any participant t

The City of Edinburgh Council is on track to save tens of thousands of pounds a year and significantly reduce its greenhouse gas emissions thanks to energy efficiency upgrades funded in part by Salix Finance.

Professional services company Accenture has announced the appointment of Michelle Hawkins and Les Bayne as joint regional managing directors for Scotland. Bringing a diverse set of skills, the new joint leadership team will head up Accenture’s people and operations in Scotland, helping cl

The number of companies entering into administration, receivership or liquidation in Scotland increased by more than 45 per cent (45.72 per cent) in the first six months of 2019 when compared to the same period last year, according to new analysis from KPMG. There were a total of 698 corporate insol

Brits don’t feel like ‘proper adults’ until they are 29 years old, new research carried out by Nottingham Building Society has revealed.

Wealth management firm Brewin Dolphin, which employs more than 200 at its Scottish offices, has reported an increase of funds under management in its third quarter results. Despite troubled economic and market conditions, the firm, headed by Glasgow-born chief executive David Nicol, reported th

The Financial Conduct Authority (FCA) has today fined Standard Life Assurance Limited (SLAL) £30,792,500 for failures related to non-advised sales of annuities. SLAL did not dispute the FCA’s findings and the firm’s agreement to accept the FCA’s findings meant it qualified fo

Edinburgh-based private investment company Cairngorm Capital has bought builders’ merchants Fairalls. This is Cairngorm Capital’s third acquisition in the building merchants sector, following its purchase of Stamco last month and Parker Building Supplies in March 2018.

More than eight in ten CFOs (83 per cent) say they expect the long-term business environment to deteriorate as a result of the UK leaving the EU, according to Deloitte’s latest Q2 CFO Survey. This is the highest reading since the referendum in June 2016.   Meanwhile, the percent

Project Heather, the firm established to create the proposed Scottish Stock Exchange, has announced the appointments of Elaine Morton as chief regulatory and compliance officer and Helen Webster as chief operating officer. In addition, three interns from Scottish universities have also joined the te

Campbell Dallas has appointed David Booth and John Gold as partners effective 1st July as the firm ramps up plans to expand the Aberdeen and Stirling offices. The new partner appointments are the first to be announced by the firm following the merger with Scott Moncrieff in late April.

Scotland’s savings pots could be in for a boost as the country’s smaller challenger banks consolidate and innovate in an increasingly competitive marketplace, according to KPMG UK. In its latest report, Challenger Banks: Opportunities and Challenges, KPMG has predicted the number of bank

Clackmannanshire Council has “laid the foundations for improvement” but “serious challenges” remain for the local authority, according to the Accounts Commission.