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Paul Eagland Martin Gill, head of BDO in Scotland, has today welcomed the election of Paul Eagland as the new managing partner of the mid tier accountancy firm following a vote by all its partners.

Swiss banking giant UBS has downgraded Royal Bank of Scotland from ‘buy’ to ‘neutral’ and cut the price target to 250p from 310p, as it citied significant payout uncertainty. UBS said first-quarter adjusted pre-tax profit of RBS’s ongoing businesses beat its estimates by 16 per cent, with

Ross Oliphant East coast accountancy firm EQ Accountants, which has offices in Cupar, Dundee, Forfar and Glenrothes, has announced the appointment of a new partner.

Edinburgh-based Lloyds Banking Group has today reported a fall in profits for the first quarter of this year. The group, which owns Bank of Scotland, said the first three months of 2016 had seen "robust" performance, despite underlying profits for the January to March period down 6 per cent to £2.0

Still 73 per cent state-owned, bailed-out lender, the Royal Bank of Scotland, together with three of the UK’s biggest banks, are facing £19.5bn in fines, compensation and legal expenses over the next 18 months, according to Standard & Poor’s. The latest hit would take the total paid out by

Theresa May Home secretary Theresa May has today announced proposals for new laws that would target MPs, councillors and civil servants suspected of corruption.

Average property prices in Scotland fell 1 per cent in February from the previous month – the first monthly drop seen since June 2015. The dip comes despite the strongest February for home sales north of the border since 2008, up 19 per cent year-on-year after a buy-to-let flurry, Your Move figure

Willie Park The oil and gas downturn could lead to a spate of companies falling foul of anti-bribery and corruption rules, a senior lawyer has warned.

Alastair Rae Scotland’s hospitality sector was led by strong performances by Edinburgh and Inverness during the traditional slow opening to 2016, according to the latest report by accountants and business advisers, BDO.

The UK government’s flagship energy-saving programme, the Green Deal, has not achieved value for money because it failed to persuade householders that energy efficiency measures are worth paying for, the National Audit Office has found. A report by the watchdog, published yesterday, revealed that

The government of Shanghai has announced new laws that will see the city's young residents who fail to visit their ageing parents regularly enough have black marks added to their credit scores. The regulations, released recently by the government of the eastern Chinese city, states that adult childr

Edinburgh-based challenger bank Tesco Bank has today announced a 12 per cent rise in annual profits. The lender, which employs most of its 4,000-strong workforce in Edinburgh and Glasgow, said customer lending rose 10.6 per cent in the year to £8.5 billion, “underpinned by double digit growth in

Alan Mahon and Josh Littlejohn of Brewgooder. Brewgooder, the new craft beer brand launched by two Scots-based social entrepreneurs, has successfully crowd funded its first production run three weeks after launching.

Richard Pennycook Richard Pennycook, chief executive of the Co-operative, has requested that the group’s board members slash his pay by 60 per cent.

Jackie McRae Jackie McRae is head of Pagan Osborne’s family law team based in Edinburgh.