News

Royal Bank of Scotland has replaced Aviva with its own private banking arm Coutts as the manager of £2.3 billion of funds run for high street banking customers. The bank's Expert Managed Solutions and Investment Funds ranges have been offered to both RBS and Natwest custome

German insurance giant Allianz is to acquire Legal & General Insurance, the general insurance business of Legal & General Group, for £242 million. In a separate deal, Allianz will also buy out the remaining 51 percent stake in LV General Insurance Group (LV GIG) for up to £578 mi

The Bank of England has reported that year-on-year unsecured consumer credit growth slowed further in April to be at the lowest level since June 2014. This extended the downward trend evident since November 2016. It stood at 5.9 per cent in April, down from 6.4 per cent in March and a peak of 10.9 p

Business Confidence Index in Scotland is in negative territory for the third successive quarter, according to the latest ICAEW Business Confidence Monitor (BCM). The Q2 Scottish score of -17.6 is marginally below the UK Q1 average score of -16.6, and down on Q2 2018 Scottish score of +10.6

Welcome to the first of our monthly round-ups where we will review activity from the last four weeks in Scotland's dynamic commercial property sector KanAm Grund Group has exchanged contracts to acquire 4-8 St Andrew Square, Edinburgh, representing the biggest mixed use investment deal in Scotl

By Tom Stocker, head of white collar crime & compliance at law firm Pinsent Masons  

Scotland’s oldest gay-inclusive rugby club has revealed a new sponsorship deal with Standard Life Aberdeen as it gets set to compete in Europe’s largest LGBT+ inclusive tournament.

Banking giant JP Morgan has settled a class action lawsuit over its parental leave policy by agreeing to pay affected employees $5m (£3.9m). Derek Rotondo said the bank refused him parental leave benefit normally available to all employees who are "primary caregivers".

Some of Scotland’s most talented and ambitious students are set to start a once in a lifetime placement through Entrepreneurial Scotland’s Saltire Scholar Internship Programme. L-R: Ryan Muir – University of Strathclyde; Sheryl How – Heriot Watt University; Fai Johnson &ndash

The financial challenges facing Scotland's college sector have increased, says the spending watchdog. An increase in Scottish Government funding to colleges will cover only the costs of making staff pay and conditions consistent across the sector. Meanwhile, money allocated for buildings and infrast

One tenth of Scots who are in work have had to miss paying gas or electricity bills at least once in the last year because they have run out of money, according to new statistics calculated and published by Citizens Advice Scotland (CAS). The figures, based on a survey conducted for CAS by YouGov, a

Accountants and business advisory firm, Johnston Carmichael, has raised over £3,000 for Scottish charities after taking part in the Aberdeen Kiltwalk.

HSBC UK is to slash 90 per cent of its 700 staff car parking spaces across two of its regional centres, installing bike racks and changing rooms instead.

The Scottish Building Society, Scotland’s only independent building society and world’s oldest, has appointed Paul Denton, formerly of the Co-operative Bank and Royal Bank of Scotland, as its new chief executive at its annual meeting this week. Mr Denton will succeed Mark Thoms

The Scottish Government will need to manage volatility in its budget as the devolution of tax and spending powers becomes fully operational, according to the independent Scottish Fiscal Commission. The Commission published its official five-year economic, tax and social security forecasts today