News

Joint chief executive of Standard Life Aberdeen, Martin Gilbert, has used his annual appearance at the World Economic Forum in Davos to reveal that his time at the forefront of Scotland’s investment scene could be coming to an end, 36 years after founding his company. Gilbert, 63, founded Aber

Edinburgh-based business angel syndicate Equity Gap is preparing for further expansion after its biggest year for investment deals to date. The group undertook 18 transactions during 2018, consisting of six with new companies to its portfolio and 12 follow-on funding rounds for existing clients with

Scottish Development International (SDI) has announced the successful conclusion of a new inward investment fintech project from Hong Kong, which will see financial services tech specialist Actelligent establish a new technology business in Edinburgh. The project, which follows proactive e

Scottish commercial law firm Burness Paull has won a high-value brief to support the independent body that protects customers of financial firms that have failed. The Financial Services Compensation Scheme (FSCS) has appointed eight law firms to form its second legal panel following a rigorous

The European Commission has fined payments giant Mastercard €573m ($650m, £504m) for anti-competitive behaviour. The regulator said Mastercard had be admonished for preventing retailers from utilising cheaper banking services outwith their home country.

ATM network operator Link says it has struck a deal with banks to levy a “super premium” from them in order to keep machines in rural locations, including those in Scotland recently left without a brick and mortar branch.

Peterhead-based JBS Group has secured funding from Barclays to fuel future growth and diversification ambitions.

Aberdeen-based transport and distribution company, Northwards, has purchased a new transportation depot following a £1.2 million funding package from Royal Bank of Scotland.

The devastating long-term economic impact of a ‘no deal’ Brexit on Scotland has been laid bare today in fresh analysis of government figures by the CBI. The study reveals how Scotland could be among the areas of the UK significantly exposed to the economic fallout from leaving

The head of the Financial Conduct Authority (FCA) has been slammed by MPs for failing to act against Clydesdale Bank over the scandal surrounding allegedly mis-sold loans to small-business owners. MP in charge of the parliamentary group on fair business banking said the head of the City wa

Accountancy firm RSM has announced the appointment of Dougy Agnew as a new partner in its Aberdeen tax practice. The firm said Mr Agnew joins having established himself as a prominent corporate tax adviser with over 28 years’ experience working in practice and industry, including Big Four firm

Thorntons Investments has strengthened its business development team with the appointment of Nick Sheppard as senior business development manager. He will work with investment professionals, intermediaries and wealth managers across London and the South to grow discretionary investment services busi

The number of people who own a second home in Scotland has dropped by almost 50 per cent in the last six years, new figures show.

Unemployment in Scotland dipped under the 100,000 mark for the first time towards the end of last year, new figures published today have revealed.

Her Majesty’s Revenue & Customs has sent out letters to self-assessment taxpayers accusing them of not filing their returns on time weeks before the January 31 deadline, according to accountancy firm Blick Rothenberg. The letters, which include penalty notices, have been received by some o