Royal Bank of Scotland and CYBG are facing bills of hundreds of millions of pounds in unexpected last-minute PPI claims. RBS, which had already set aside £5.3 billion for PPI claims, has said it may have to pay out up to £900 million more than expected, while CYBG faces an additional &po
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In Aberdeen this week more than 36,000 global oil and gas professionals have gathered to debate, lecture, promote and celebrate the achievements of the energy industry at the biennial SPE Offshore Europe conference and exhibition. Offshore Europe is being hosted for the first time in the city’
The UK Government is to delay the introduction of VAT Reverse Charging for construction companies by a year after a coalition of trade bodies and organisations highlighted its potentially damaging consequences.
Technology and management consultancy Capco has announced the appointment of Derek Pennor to lead its wealth, asset management and insurance practice in Scotland. Mr Pennor, based in Edinburgh, brings over 25 years' experience in the asset management and insurance investments industry.
Brexit uncertainty has been blamed for a sharp decline in the number of new start-ups in Scotland last year, as well as a decline in the growth ambitions of established firms.
The private sector economy in Scotland remained "close to stagnation" in August, with only fractional growth for a second month in a row, according to new figures from the Royal Bank of Scotland (RBS). According to the bank's latest PMI report, order book volumes slipped into decline last month, whi
Scottish policy-makers should consider the creation of a "Productivity Data Bank" to help accelerate solutions to Scotland's productivity challenges, according to CBI Scotland and KPMG.
Kirsty Ross, head of KPMG's family business consultancy in Scotland, looks at how family businesses have become trailblazers for women in business. In recent years, the impact and the make-up of family businesses has transformed.
Shepherd and Wedderburn’s banking and finance team has reported another strong year for deals, with the value of transactions rising by 10 per cent (£13.4 billion) in the 2019 financial year to 30 April. The team completed 167 deals with a combined value of £145.4bn, up from 162 de
Online shoppers are increasingly making purchases in the middle of the night, a British credit card company has said.
Small and medium enterprises in Scotland have remained resilient in the face of continued political and economy uncertainty, according to a quarterly measure of performance and outlook which saw a small recovery in the second quarter of this year. The SME Health Check Index, published by CYBG in par
Martyn Paterson, financial planner at AAB Wealth in Aberdeen, examines the unpredictability of the global equity market – and why it isn't necessarily a bad thing for investors. Where in the world will I invest? A question often asked and, given the current happenings in world markets, a very
Global real estate services provider Savills yesterday opened a new office in Inverness. The new office, headed up by director Faye Gonzalez, comprises experts in estate management, rural agency, architecture, building surveying, CPO, Valuations, rural tourism and diversification.
Dozens of global economists, academics and civil society leaders, including two Scottish university professors, have written to the Financial Times to criticise its recent series on the Labour Party's economic agenda.
Global asset manager Aberdeen Standard Investments (ASI) has won recognition for its strong environmental, social and governance (ESG) performance across its real estate funds. ASI was awarded 33 "green stars" in an annual assessment by GRESB, the highest number of stars awarded to any participant t