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Professor John McLaren New analysis has found that Scottish GDP has grown by just 4 per cent in cash terms since 2008, compared with 23 per cent for Britain as a whole, according to new research.

A Glasgow firm that made over 2.5 million nuisance calls has been handed a £50,000 fine. Nevis Home Improvement was given the penalty after 175 complaints were made about its recorded phone message about its services.

After a successful pilot program, MasterCard says it is ready to roll out its “selfie pay” security checks by the summer. Mastercard’s Identity Check app works by authenticating a payment on your phone by simply holding your device up to your face.

Russia has been joined by three Opec countries in agreeing to freeze oil output at January levels, as long as others follow suit. Minsters from Saudi Arabia, Qatar, Venezuela and Russia met in Doha today before announcing the agreement which could lead to a stabilisation in oil prices which have bee

Thomas Moore Standard Life Investments’ Thomas Moore has been ranked 41st in the table of 4,017 European fund managers, making him the top Scottish fund manager for a fifth consecutive month.

As the price of Brent crude fell below $40 this week for the first time since the financial crisis, global accountants KPMG have branded the crashing value of the commodity "the nightmare before Christmas". KPMG says some companies are running out of options other than shutting down oil fields earli

The Financial Conduct Authority (FCA) has today hit Barclays Bank with a record fine of more than £72 million for failing to minimise the risk that it may be used to facilitate financial crime. The failings relate to a £1.88 billion pound transaction that Barclays arranged and executed in 2011 and

Edinburgh-based insurance giant Standard Life has become the latest firm to be included in a new UK-wide league table which ranks the UK’s companies by the value of their intellectual property. Standard Life group’s intellectual property holding arm, Standard Life Employee Services Limited, has

Standard Life Employee Services Limited, the intellectual property holding arm of Edinburgh-based insurance giant Standard Life, has been confirmed as the latest entrant to a new innovative league table ranking the UK’s companies by the value of their intellectual property (IP). The entry comes i

UK residents can now make contactless payments of up to £30 without the need for a PIN. The increase from the prior limit of £20 means that people will be able to use phone-based payment services like Apple Pay, as well as contactless cards, for a wider range of transactions across the country.

Hundreds more homes and businesses in Angus will be next to benefit from the arrival of high-speed fibre broadband – in the latest phase of the Digital Scotland Superfast Broadband programme. The next stage of the £410 million project is set to pass 73,000 more homes and businesses nationwide, an

Latest official figures released today have revealed that the number of unemployed people in Scotland has fallen by 13,000 over the last three months. The Office for National Statistics said the unemployment rate now stood at 5.6 per cent which is currently in line with the UK as a whole.

A new range of whiskies is being launched to mark the birth of Edinburgh Whisky Ltd, independent blenders and whisky merchants based in the capital. Themed around the city’s Old and New towns, the first to hit the shelves are ‘The Advocates Batch’ from the New Town Blends and two single malt c

Chas Booth The City of Edinburgh Council has unanimously passed a motion to express concern about the effects of the proposed Transatlantic Trade and Investment Partnership (TTIP) on local services, jobs, suppliers and democracy.

Creditors of Dundee building company Muirfield Contracts have agreed to continue with the firm’s winding down after a crunch meeting mediated by administrators Campbell Dallas.