Still 73 per cent state-owned, bailed-out Royal Bank of Scotland has reported a near £2 billion loss for 2015. The results meant an eighth consecutive year of annual losses for the Edinburgh-based lender.
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The six finalists of the AccelerateHER pitching event Six aspiring entrepreneurs are through to the final of an £18,000 pitching competition organised by Scotland’s first female angel investment group.
Property investors have warned that the UK would be a less attractive place to invest were it to leave the European Union, according to findings of a new survey by global property adviser CBRE. As part of a CBRE special report Heading For The Exit? published today, the survey of CBRE's investor clie
The Scottish Property Federation (SPF) has welcomed the Scottish Government’s decision to exempt transactions of six or more homes from the additional 3 per cent LBTT surcharge. The SPF advocated such an exemption in its written and oral evidence to the Finance Committee, in order to support large
Edinburgh-based pensions giant Standard Life has reported that it is to increase its full-year dividend by 7.8 per cent rise on the back of a 9 per cent rise in pre-tax profits. The group said pre-tax operating profits hit £665 million last year, driven by a 10 per cent jump in fee-based revenues t
Steven Jansch The insolvency regime seems to be in a perpetual state of flux, writes Steven Jansch, partner and head of insolvency at Gilson Gray.
A new employee benefit - enabling employees in the UK to take control of their finances, especially those who are experiencing difficulties managing their debt – is now available to one million people across the country. SalaryFinance offers UK businesses an employee benefit allowing staff to cons
Sat Plaha The latest FraudTrack report from accountants BDO shows that the total value of reported fraud in Scotland during 2015 rose 80.9 per cent to £18.164m from £10.038m in 2014.
Tech businesses are growing 32 per cent faster than the rest of the UK economy and the sector’s Edinburgh workers are among the highest paid in Britain, according to a new report.
Royal Bank of Scotland is set to take a further step as part of it strategy retreat from the global stage after calling in advisers to pilot the sale of a £3bn shipping finance operation. According to reports from Sky News, the still 73 percent state-owned, bailed-out lender is working with bankers
Alan Gordon Alan Gordon is the Principal Commercial Partner for DM Hall Chartered Surveyors.
Theresa May The UK Government has announced that it is to set up a new taskforce consisting of police, banks and government officials to combat fraud across the UK.
Newly independent Clydesdale Bank has received a boost after a leading international agency said it is no longer considering cutting the lender’s credit rating. Credit rating agency Standard and Poor’s has taken Glasgow-based Clydesdale and its sister Yorkshire Bank off negative credit watch fol
Edinburgh-based Royal Bank of Scotland has scrapped a sale process for its onshore Indian banking operations. The still 73 per cent state-owned, bailed-out bank said it had “concluded that it is not feasible to sell the business in its entirety”.
Two fifths of Scottish non-homeowners do not believe they will ever be able to buy their own house, Bank of Scotland’s latest How Scotland Lives research has found. Just over a quarter (26 per cent) believe this to be a normal situation to be in, while 14 per cent are concerned about the prospect
