Edinburgh-based insurance giant Standard Life has made a formal bid to acquire Axa’s Elevate platform, according to reports. Global financial news outlet Bloomberg said Standard Life is in talks for the business unit as the French insurer seeks to sell off its UK life insurance and wealth investme
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Aberdeenshire-based craft beer and crowdfunding pioneer Brewdog has reported a slight fall in profits despite revenues soaring 51 per cent to hit £44.73 million. Latest results from the Ellon business for the year to December 31 show administrative expenses almost doubled in the year from £7.77m i
Jackie Waring Scotland’s first conference for female angel investors and entrepreneurs will be urged to emulate US success where one in four angel investors are female.
The Scottish Government has failed to deliver any meaningful change with its council tax reform proposals, according to COSLA. The local authority umbrella group said that it was astounded that the government had missed an opportunity which could have had benefits for millions of people.
Edinburgh-based challenger bank Virgin Money has today reported a 53 per cent rise in underlying profits for 2015 to £160.3m. The result marks a strong performance for the lender, which employs 200 at its headquarters in the Scottish capital, in its first full financial year since listing on the st
An Australian anti-gay group hoping to sabotage an Australian LGBTQ teen dance have been left red-faced after being confused by a crowdfunding campaign that resulted in them contributing thousands of dollars to the very event they meant to derail. The annual Victorian Same Sex Gender Diverse Formal
Fred Goodwin Disgraced former Royal Bank of Scotland chief executive Fred Goodwin has been named among a group of witnesses called on to give evidence in a £4 billion class action legal case brought against the still 73 per cent bailed-out bank by shareholders.
Legislation that would levy a supplement on the purchase of additional residential properties has been backed by MSPs on the Scottish Parliament’s Finance Committee today.
Sarah Speirs The Scottish housing market saw a flatter demand trend but continued price growth during January, according to the latest RICS UK Residential Market Survey.
Supermarket giant Asda has teamed up with Social Investment Scotland (SIS) to launch the UK’s first Social Enterprise Supplier Development Academy, with the aim of increasing the availability of social enterprise products for ethically-minded consumers on retailer’s shelves. Funded through the p
Lloyds Banking Group is calling in £3bn of special bonds after their holders were ordered by a court to sell them after agreeing that the lender had made a mistake when issuing them. In December, the Court of Appeal ruled in Lloyds’ favour after the bank argued it had made an error in its contrac
Marion Fellows Motherwell and Wishaw MP, Marion Fellows, this week secured an Adjournment Debate in the House of Commons to highlight the mis-selling of pension schemes to hundreds of Anderson Mining Group employees in 1997.
ESPC, the east central Scotland estate agency, has released its annual review of 2015, and a forecast for 2016. Looking back on the property market over the last year, 2015 proved to be more buoyant than previous years since the 2008 crash, despite experiencing uncertainties due to the effects of th
Edinburgh-based Sigma Capital has seen an 11 per cent rise in its share price after revealing that it is due to issue a positive trading update. The group, which specialises in development of the private rented sector (PRS) in urban regeneration, said its second half has progressed ahead of schedule
Kezia Dugdale First time buyers will be given £3,000 towards the purchase of a property under new plans unveiled by Scottish Labour.
