A pay row is brewing at Virgin Money over the bonuses paid to executive directors, with chief executive David Duffy, the former Clydesdale boss, set to pocket £5.1 million this year, despite the challenger bank reporting a loss and making the decision to drop its dividend. Proxy group Ins
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The two private finance initiative (PFI) hospitals that Carillion was building at the time it collapsed are currently due for completion at vastly increased budgets with most of the increased costs being met by the contractor and private PFI investors, a National Audit Office (NAO) investigatio
The Scottish Retail Consortium (SRC) and the Scottish Chambers of Commerce (SCC) have both written to MSPs expressing their views on the Non-Domestic Rates (Scotland) Bill.
Scottish law firm Thorntons has recorded strong financial results as its ambitious growth strategy of recent years begins to deliver for the business and its clients. Thorntons reported a 10.5% growth in turnover for the year to 31 May 2019 to a record £29.8 million, with profits increasing by
Business activity across Scotland's private sector was unchanged during December following growth in November, according to the latest Royal Bank of Scotland PMI.
Permanent staff appointments increased for the second consecutive month in December, although growth remained historically subdued, the latest Royal Bank of Scotland Report on Jobs has found. The data has also revealed that temp billings declined for the first time since June, albeit only
Andrew Sackey, partner and head of tax fraud investigation at Pinsent Masons, discusses the accelerating speed of the crackdown on corporate fraud. As we edge towards the end of the first working week of this new decade, it is worth noting that tax compliance measures first introduced at the start o
Business sentiment has surged to an all-time high, according to Deloitte’s latest CFO survey. The Q4 2019 survey, which took place immediately after the December UK general election, showed the largest increase in confidence in its 11-year history.
The number of properties coming to market in Edinburgh, Fife and the Borders has declined as 2019 ends, according to ESPC's latest House Price Report.
Edinburgh's housing market closed the decade with activity between buyers and sellers at its highest level - with the rate of transactions soaring, estate agents Warners Solicitors and Estate Agents has revealed. Warners has released its latest market report which shows the final months of 2019 as h
John Moore, senior investment manager at Brewin Dolphin, highlights the company's predictions for the year ahead. After a choppy 12 months for markets, investors will be hoping 2020 will be the year for resolutions – not necessarily in terms of promises kept, but conclusions to a variety of lo
The third decade of devolution will see Scotland - and its business community - wrestle with an unprecedented period of change, Andrew McRae, of the Federation of Small Businesses (FSB) Scotland has underlined in his festive message. Over the last two decades, Scotland’s smaller firms have rev
The Scottish Retail Consortium (SRC) has submitted a plea to save the Uniform Business Rate to Holyrood's Local Government & Communities Committee. The SRC has said that the headway being made on rates reform is at risk if MSPs remove control over the setting of the business rate from the Financ
The third decade of devolution will see Scotland - and its business community - wrestle with an unprecedented period of change, according to Andrew McRae, policy chair at the Federation of Small Businesses Scotland. Mr McRae said: “Over the last two decades, Scotland’s sma
Aberdeen Standard Investments will review its investment strategy as it comes under pressure from its exposure to shops, shopping centres and retail parks. The real estate division of Aberdeen Standard Investments (ASI) has £43 billion of assets under management, of which two-thirds are in the
