James Leigh-Pemberton UK Financial Investments, the body charged with managing the UK Government’s stake in the bailed-out banks, has revealed plans to raise £25 billion by off-loading three-quarters of the taxpayer’s near-80 per cent stake in Royal Bank of Scotland over the next five years.
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A Scots businessman has been banned from running a company for more than a decade after submitting false VAT returns and taking money out of his payroll and employment agency company to which he was not entitled. Former lawyer David Allen’s firm went bust with debts of more than £43 million in 20
Jeremy Lawson New research from Edinburgh-based Standard Life Investments suggests that the biggest threat to the global economy is currently China.
The annual house price appreciation in Glasgow and west of Scotland has remained positive for six consecutive quarters, the longest growth stretch since 2008, according to the most recent quarterly report from the Glasgow Solicitors Property Centre. According to data based on GSPC sales, annual hous
Uddingston-based confectionery producer Tunnock’s has revealed that it sold a staggering 15 million extra of its famous teacakes after their high-profile, anthropomorphic showing at Glasgow’s Commonwealth Games opening ceremony last year.
Union Street, Aberdeen. Aberdeen is now Scotland’s richest city after overtaking Edinburgh for the first time.
Hampden & Co, the brand new Edinburgh-based private bank, has appointed Norwegian IT firm Evry to provide its card services. The bank, which opened to clients last month, said Evry will produce and personalise its cards.
Senior figures from the Aberdeen and Houston oil and gas communities will be representing Scotland at the second annual Swing4Saltire Golf Fundraiser next Friday at the River Ridge Golf Course in Houston, Texas. The event, in support of the Saltire Foundation, whose mission is to "find, fuel and spa
Goals Soccer Centre, Los Angeles, California. East Kilbride-based five-a-side football venue specialist Goals Soccer Centres has said its ambitious American expansion plans are progressing strongly.
The futures of 900 workers at a major north-east employer were plunged into uncertainty yesterday after fish processing giant Young’s Seafoods unveiled plans to axe three of its factories. According to reports, the means jobs at the Fraserburgh-based company’s plants, as well as a smoking facili
Jon Meeten Chancellor of the Exchequer George Osborne yesterday promised to arm stretched HMRC tax investigators with a £800 million warchest of extra funding over the next five years to combat tax evasion and non-compliance.
P9374. (Image courtesy of Christie's). An RAF Spitfire which is the last of its kind after being painstakingly restored over five years has been sold at auction for a record £3.1 million.
More than £13.2 million in council tax payments went unpaid to Glasgow City Council in the 2014/15 financial year, according to new figures. However, the data emerged in the same year that the local authority’s collection rate for the tax reached an all-time high.
Average rents in Scotland reached a new peak in May, according to the latest Scotland Buy-to-Let Index from Your Move. The report by one of Scotland’s largest lettings agent networks said the average Scottish rent reached an all-time high of £544 in May 2015, an increase of 1 per cent on the prev
Prime Minister David Cameron The UK government will today introduce an amendment to the Charities Bill which will tighten rules on how professional fundraisers approach vulnerable people.