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Deirdre Michie The new boss of the UK's oil and gas body has issued a warning that the industry should prepare itself for $60 a barrel oil for the foreseeable future.

Four men involved in an investigation into the allocation of public building work contracts at theCity of Edinburgh Council have been sentenced to a total of over 13 years imprisonment for corruption and bribery. Former council employees Charles Owenson, 62, and James Costello, 44, received tens of

The US Treasury Department says a redesigned $10 note set to enter circulation in 2020 will feature a woman. The introduction of the new note will mark the 100th anniversary of the US Constitution's 19th amendment, which gave women the right to vote.

David Nish Standard Life has this morning announced that chief executive David Nish is to step down on 5 August after nine years in the position.

Royal Bank of Scotland has this morning released a statement claiming its latest IT meltdown, that this week left over 600,000 payments into customers accounts in limbo, has been fixed. The 80 per cent state-owned lender said that all payments have now been made and all accounts updated.

Antonio Horta-Osario The chief executive of Edinburgh-based Lloyds Banking Group has spoken out about the need to separate high street and investment banking.

Edinburgh-based fund manager Baillie Gifford has spoken out in opposition to a £3.7billion offer from the Emirates National Oil Company's (Enoc) for Dubai-based Dragon Oil. Baillie, Dragon’s largest minority shareholder with a 7.2 per cent stake, said the offer was too low as it “materially und

The Scottish government is to launch a "full consultation" on giving football fans the right to buy their club. Alison Johnstone, the Green MSP who fronted the Fans Firstcampaign and lobbied for the move within Holyrood, said it was a "landmark decision for Scottish football".

Older generations are being urged to pass on their energy-saving tips as young people admit to being clueless about their bills. Young Scottish bill payers claim they do not fully understand their energy bill or the terms that describe how much energy they use, according to the Energy Saving Trust p

Edinburgh Council’s development arm has posted its highest profits since the local authority bailed it out to the tune of £62 million six years ago. Improving property and housing markets have seen arm’s length subsidiary, EDI Group, post a £2.5m pre-tax profit for 2014.

Coming to an office near you? An American University has revealed a novel way to combat one of the scourges of twenty first century living (and working) by creating a “texting lane” on its stairs.

Head of restructuring at Johnston Carmichael, Matt Henderson, (right) receives the Insolvency Team of the Year trophy. Accountancy and business advisory firm, Johnston Carmichael, was been named as Insolvency Team of the Year at the 2015 Scottish Accountancy and Finance Awards last night.

Vaughan Hart Confidence within the Scottish construction industry has hit a seven year high, according to latest industry data.

Chris Horne Independent Scottish accountancy firm Campbell Dallas has scooped a double win at the annual Scottish Accountancy & Finance Awards 2015.

Over a third of new mortgages being taken out today will extend beyond the borrower’s 65thbirthday, according to the Council of Mortgage Lenders (CML). The body said that the lengthening mortgage terms and the older age at which people are joining the property ladder means that nearly 35 per cent