Still 73 per cent state-owned Royal Bank of Scotland Group has reported a third-quarter net profit of £952m, up from £896m year-on-year on the back of a £1.1bn one-off gain from its sale of US subsidiary bank Citizens. The news comes a day after RBS announced that it is selling its remaining 20.9
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The Moray Council needs to “significantly increase” the pace of change and improvement if it is to build on the progress made over the last two years, according to the Accounts Commission. A report published by the watchdog today looks at developments since a 2013 audit on how the council was me
Midlands-based investment group Mercia Technologies has opened an office in Edinburgh as it bids to target emerging early-stage Scottish businesses. The firm’s Scottish drive will be headed-up by investment manager Paul Devlin and the operation has already forged partnerships with Dundee’s Abert
The Competition and Markets Authority, the UK's competition watchdog, has ruled out a break up of the UK’s biggest banks. The provisional findings of the CMA’s investigation, which examined the supply of personal current accounts and of banking services to small and medium-sized enterprises, had
The ubiquitous RS McColl’s newsagent chain is to slash the number of its outlets on Scotland’s high streets after announcing plans to sell 100 of its “less profitable” shops. McColl’s Retail Group said the move was part of a strategy to its switch to convenience stores.
Starting salaries for professional roles in Scotland including finance and accounting, financial services, information technology and administration will grow by an average 3 per cent over the next 12 months, according to the Robert Half 2016 Salary Guide. The hike would mean a higher increase than
L-R: Muhammad Yunus, Omar Shaikh (IFC), James Angus (Thomson Reuters), Chris Tait (IFC) and Tirad Mahmoud (ADIB) The Scottish-based Islamic Finance Council UK (IFC) saw off competition from over 200 organisations from across the globe to win the $100,000 Industry Development Award at the Ethical Fin
The economic think tank Fiscal Affairs Scotland (FAS) has announced that it is suspending its activities until the end of the year due to a lack of funds. The research body has produced a string of reports since its launch last year, including commentaries on the Scottish budget and reports on the f
James Dornan Following on from recent high-profile stories regarding footballer’s fines, SNP MSP James Dornan has called for fines paid to the SFA to be donated to good causes across the country.
German car-making colossus Volkswagen may be in the midst of one the the biggest corporate scandals in history but the controversy does not seem to be adversely affecting its sales in Scotland. Sales of the Volkswagen Group cars actually increased north of the border last month with latest car regis
Patrick McGuire Thompsons Solicitors could launch mass litigation against car manufacturer Volkswagen in the wake of a scandal over rigged emissions tests.
David Menzies Directors who act inappropriately now face a tougher disqualification regime, as David Menzies, a director of insolvency at ICAS, explains.
Steve Eckersley A Scottish firm approved by the UK government as green energy advisers has been handed a record fine from the Information Commissioner’s Office (ICO) for making millions of nuisance telephone calls.
Despite post-referendum political upheaval and taxation changes, overall Scotland remains an attractive place to invest in real estate, according to a new Savills report published this week. The estate agent said that Scottish property has continued to attract buyers across key sectors of residentia
Nicolas Frankcom, money expert at uSwitch.com The Royal Bank of Scotland (RBS) has finished last in a customer satisfaction league table compiled by price comparison website uSwitch.
