News

A pay row is brewing at Virgin Money over the bonuses paid to executive directors, with chief executive David Duffy, the former Clydesdale boss, set to pocket £5.1 million this year, despite the challenger bank reporting a loss and making the decision to drop its dividend. Proxy group Ins

Beales, the department store company which has a branch in Perth, has appointed KPMG as administrators. Will Wright and Steve Absolom from KPMG Restructuring have today been appointed joint administrators.

Santander announced last week that it will slash the interest rate it pays to customers for its 123 current account from 1.5% to 1%.

Shares in Scottish companies listed on the FTSE outperformed the FTSE 350 and All Share indices in 2019, according to new analysis from Brewin Dolphin. Scottish companies achieved this as the Alternative Investment Market’s (AIM) constituents based north of the border lagged their benchmark.

RSA Group, a multinational general insurance company, has moved into NFU Mutual's landmark office development in West George Street, Glasgow. The move means that the recently refurbished building is now fully let.

Med-tech firm EnMovi has secured a £2.5 million research and development grant from Scottish Enterprise to advance the development of its cutting-edge orthopaedic sensors and data analytics. The newly-established company is the latest venture from US-based parent company OrthoSensor Inc. and w

Regeneration specialist Urban Union has been wholly acquired by construction, infrastructure and support services businesses Robertson Group. Established as a 50/50 joint venture in 2011 by Robertson Group and McTaggart Construction, Urban Union was created in response to a substantial Town Centre R

The number of completed homes for the UK build to rent (BTR) sector increased by 51% in 2019 with Glasgow among the key cities leading the way, new figures have shown. Analysis by Savills for industry trade body the British Property Federation (BPF) has found that at the end of Q4 2018, the sector h

The partnership between business and government holds the key to negotiating successful trade deals with partners around the world, CBI Scotland director Tracy Black told an audience of business leaders and Scottish and UK Government officials at an event in Edinburgh today. Tracy Black, CBI Sc

The Scottish Government has announced that it will redouble its efforts to support sustainable economic growth this week, with a number of key commitments helping the transition toward a low carbon economy taking a significant step forward. This focus on green energy comes ahead of the UK's imm

A bank robber who disguised himself with a pillowcase had to remove it mid-robbery when he realised he couldn't see through it.

Rooney Nimmo has appointed Scott Nelson as partner based in its London and Edinburgh offices. Mr Nelson is is a highly-experienced corporate transactional lawyer who has spent his entire legal career focused on the representation of leading private equity funds and sponsors in all aspects of their i

The Institute of Auctioneers and Appraisers in Scotland (IAAS) has appointed Neil Wilson, former head of agriculture at HSBC Bank, as its executive director. Mr Wilson has been appointed to help intensify the Institutes' fight for the interests of members and the wider livestock industry and&nb

READ Cased Hole has revamped its senior leadership team by appointing its chief financial officer Bruce Melvin to the role of CEO. Mr Melvin joined READ in 2014 as chief financial officer and has over 15 years of financial management experience in medium and large global oilfield service provid

High Street banks have slashed financial support for SMEs in Scotland by £465 million, a decrease of 5.8% between 2014 and 2018, according to Iwoca.