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Stuart Gulliver HSBC, Britain’s biggest bank, is to announce plans to cut 20,000 jobs globally.

Plans for a £1 billion City Deal involving six local authorities has moved a step closer following a £275,000 investment by Fife Council. The council is working with five other local authorities on the City Deal plan which could generate millions of pounds of investment and grow local economies.

The Phoenicia Hazledene Investment Management, part of the Edinburgh-based hotel and property development group, Hazledene, has today announced a £11 million restoration and refurbishment of Malta’s grandest hotel.

Martin Gilbert Aberdeen Asset Management chief executive Martin Gilbert has said that he harbours no worries for his business in the case of a British exit from the EU.

Nearly four out of 10 UK homes were sold during the first three months of 2015 were bough with cash, according to the UK’s second biggest mortgage lender. The figure for homes bought without a mortgage represents a record high, the Nationwide building society said.

Latest research has revealed that the number of female bosses in the asset management industry has not moved over the past year. The number of female fund managers currently stands at just 7 per cent, just as it did in 2014, according to analysis by Tilney Bestinvest.

New research has revealed a difference in the pension pots of people heading towards retirement in Edinburgh and those in Glasgow of over £50,000. A survey carried out by insurance firm RIAS of over-50s living in the UK's 10 biggest cities revealed household pension pots in Edinburgh average £120,

Accountants Baker Tilly have made two senior appointments at their consulting practice in Scotland. George Walker joins the firm’s technology consulting team as associate director while Dougie Graham, also associate director, will be part of the firm’s business consulting team.

Department store chain John Lewis has ditched accountants PwC. The retail partnership, which owns Waitrose food stores in addition to its John Lewis outlets, has selected KPMG for the role, in line with a newly adopted policy of putting its audit out to tender every five years.

The number of properties on the market is at its lowest level for many years, according to the Halifax. The news came as the lender also revealed that UK house prices edged lower in May.

Scottish companies are being offered a unique opportunity to tap into international entrepreneurial expertise and turbo-charge projects ranging from growth strategies to export drives. For the first time, the Saltire Foundation, the entrepreneurial leadership programme and the philanthropic arm of E

Consumers across the UK collectively spent more than £19,000 every second using their plastic last year as some 31.6million card payments were made every day, more than double the 15.7million a day in 2004. According to the UK Cards Association, a record £600.3 billion was spent domestically and o

The High Court The High Court has ruled against Lloyds Banking Group in its bid to save around £1 billion by buying back early bonds issued in the wake of its 2008 bailout.

Colin Crosby An Aberdeen businessman has been appointed to the board of Thorntons Investment Management.

Architects at Smith Scott Mullan Associates have unveiled plans for a new pier at Portobello Promenade.