Sir Howard Davies The board of Royal Bank of Scotland survived a potential shareholder revolt at its AGM yesterday but bosses were subjected to a series of protests over executive pay packages, legal struggles and staff pensions.
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Mark Thomson Scottish Building Society - the world’s oldest building society and Scotland’s last remaining independent mutual lender - has announced annual results for the year to 31 January showing “a solid performance” with a growth in mortgage assets of £3.4 million and gross lending ris
Edinburgh-based challenger banks Virgin Money and Sainsbury's Bank have both released strong trading results as they continue their relentless drive for market share. Sainsbury’s, which is based at Edinburgh Park, said underlying profit rose by nearly 5 per cent, to £65m last year.
Scandal hit Glasgow-based lender Clydesdale Bank has had another £450 million set aside to compensate customers mis-sold payment protection insurance (PPI), according to the latest results of its former owner. The new provisions take the total cost of mis-selling various financial products at the b
Professor John McLaren New analysis has found that Scottish GDP has grown by just 4 per cent in cash terms since 2008, compared with 23 per cent for Britain as a whole, according to new research.
The number and value of debt judgments against businesses in Scotland fell sharply during the first quarter of the year, according to figures released today by Registry Trust. The non-profit organisation, which collects judgment information from jurisdictions across the Britain and Ireland found the
Susannah Green Psigma Investment Management has continued its rapid expansion in Scotland with its fourth appointment this year.
Glasgow-based investment house Maven Capital Partners has completed a £2.5 million investment in The GP Service, a provider of online services for general medical consultations and prescriptions. The investment will enable GPS to accelerate the roll-out of its service across new geographical locati
Simon Cowie Aberdeen-based accountant and business advisory firm Infinity Partnership has been shortlisted for three prestigious awards.
Another day another unlikely Leicester City triumph betting windfall. In the wake of the Foxes’ successful 5000-1 title charge, two firefighters who bet on the single longest odds bet to pay out in the history of British have come forward to say the did so...by mistake.
New data has revealed that the accounting deficit of defined benefit (DB) pension schemes for the UK’s 350 largest listed companies increased from £81bn on 31 March 2016 to £92bn at the end of April. At 29 April 2016, asset values were £655bn, representing a fall of £2bn compared to the corres
Bob Cherry Property sales across Ayrshire have been driven forward by cash buyers making successful offers and quick sales, according to estate agents CKD Galbraith.
Britain's small and medium-sized enterprises (SMEs) are planning to invest for future growth, according to new research from specialist lending and savings bank, Aldermore. The new data show SMEs are proactively looking for opportunities to grow over the next five years.
Administrators from Deloitte have taken over at Aberdeen shipping firm Harkand Group after the company said it could nolonger survive in the face of losses inflicted by the prolonged fall in global oil prices More than 170 jobs are to be lost in Aberdeen and London.
Dundee-based Alliance Trust Savings says it has successfully transferred all Stocktrade customers from Brewin Dolphin, marking the completion of its £14 million acquisition of the execution-only stockbroking business. The platform’s total assets under administration now stand at £11.5 billion ac