The Royal Bank of Scotland has announced that it intends to sell part of its shareholding in its American subsidiary Citizens in an underwritten public follow-on offering. The Offering is expected to comprise 115 million shares of Citizens’ common stock, equivalent to 21 per cent of CFG’s common
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Edinburgh-based Capital Credit Union has praised the impact apprentices are having on the business, as it currently employs four apprentices and is encouraging other organisations to follow its lead. Chief executive Marlene Shiels said: “We’ve been employing apprentices for 10 years
A Big Four accounting firm has announced plans to expand its hiring of ex-offenders following a successful two-year trial period.
Edinburgh-based fashion designer Eilidh Gibson, a Glasgow School of Art graduate, has successfully launched her first collection, Party Pants, following a significant financial boost from the Start Up Loans programme.
Equity Gap, the Edinburgh-based angel investment syndicate has today announced changes to its top team that will see the syndicate continue to expand its portfolio across Scotland and the UK. Fraser Lusty becomes managing director, leading the Equity Gap team as they work to deliver positive outcome
Pension consultancy Isio has welcomed two new senior hires in Scotland to support the growth of its trustee actuarial services and public service consulting teams as the firm continues to expand its offering across its Glasgow and Edinburgh offices. Glasgow-based Kenneth Wilson joins the senior mana
Members of the Bank of England's monetary policy committee (MPC) have voted to to increase the bank rate by 0.5 percentage points to 4%. The meeting took place yesterday and the vote to increase the rate by 0.5pp was a majority of 7–2. This is marks the tenth consecutive increase. Two members
The Financial Conduct Authority (FCA) has set out an ambitious vision for potential reform to the way companies list in the UK that aims to attract more high quality, growth companies and give investors greater opportunities. In a new paper, the FCA is continuing its discussion on how it can make th
AAB, the tech-enabled business-critical services group, has announced three internal director promotions within its leadership team. Forming a key part of the group’s ambitious growth plans, these promotions follow on from AAB’s announcement of five partner appointments earlier this mont
Edinburgh-based investment syndicate Archangels has led investment of £12.4 million in innovative Scottish tech and life sciences companies in the first half of 2021. Archangels’ H1 2021 deals data, released today, reveals that Archangels itself invested £7.3m during the first
Scotland must follow suit and match Chancellor Rishi Sunak in extending the stamp duty holiday beyond March according to property firm Apropos. The UK-wide lettings firm believes that the Scottish Government must match the reported extension of the stamp duty holiday if there is to be a level p
The volume of Scottish home sales fell by almost half in January according to an analysis of the latest Scottish Government data by property firm Apropos. The firm found that residential property transactions in Scotland fell by 48% between December and January from 13,570 to 7,050.
Stephanie Carr, partner, specialising in dispute resolution at Blackadders, discusses the statutory demands and their use in Scotland. One of the most common grounds for entering into an insolvency process is that an individual, partnership, or company cannot pay their debts as they fall due.
In the Federation of Small Businesses in Scotland’s seasonal message, the small business campaign group’s Scotland policy chair, Andrew McRae, urges MPs to be ready for business in 2019
Scott Kennedy Tax and business advisory specialists, EQ Accountants LLP have been awarded the highest possible commendation for their commitment to service innovation and staff development.

