News

Raj Mody New figures released today from PwC’s Skyval Index show the deficit of defined benefit (DB) pension funds stood at £470 billion at the end of January 2017.

Euan Stirling Edinburgh-based global investment manager, Standard Life Investments, has issued its Governance & Stewardship Annual Review for 2016 providing an account of its global engagement and voting activities during the year.

Chamber President Neil Amner, flanked by his two new directors - Peter Duthie, of Scottish Event Campus and Anne Ledgerwood, of St. Enoch Centre. (Photograph by Martin Shields). Glasgow Chamber of Commerce has made two additions, drawn from the city’s business community, to its ruling Council.

Work on a major Edinburgh city centre development site has started with the backing of a £21 million funding package from the Royal Bank of Scotland’s Real Estate Finance team in Edinburgh.

US-Scottish M&A activity held up in 2015 and 2016 despite turbulence in global markets, according to new analysis from Deloitte.

Ahead of the latest Bank of England inflation report on Thursday, new research from Royal London has shown for the first time the true scale of losses to consumers from leaving their savings invested for the long term in Cash ISAs compared with a more diversified investment approach.

The Chartered Institute of Taxation (CIOT) has welcomed today’s announcement by HMRC that businesses will be able to continue to use spreadsheets for record keeping under the new quarterly reporting regime, and confirmation that no penalties will be levied for late submissions in the new regime�

(from left) UK government minister Andrew Dunlop, Highland Council leader Margaret Davidson and economy secretary Kieth Brown The £315 million Inverness and Highland City-Region Deal was formally signed yesterday, paving the way for the release of funding for three business cases.

A group of corrupt financiers, including a former HBoS banker, who spent the proceeds of their £245 million loan scam on high-end escorts and luxury holidays are facing long jail sentences.

The commercial farmland market will remain robust throughout 2017 given the healthy levels of interest witnessed in 2016, according to rural consultancy, CKD Galbraith.

Robert Kilgour and Cameron Graham A Scottish tech start-up whose disruptive software has been dubbed “the Facebook for care homes” has landed a five-figure investment from the original founder of Four Seasons Healthcare.

Sir Howard Davies Royal Bank of Scotland (RBS) has announced that it will not create a committee specifically designed to represent the interests of its shareholders.

Victoria Nixon Almost £2 million of tenant deposits have been transferred to SafeDeposits Scotland in the last six months as five letting agents took the decision to change their tenancy deposit provider.

The Financial Conduct Authority has today fined Deutsche Bank £163,076,224 for failing to maintain an adequate anti-money laundering (AML) control framework in connection with a Russian money laundering scam.

Andrew Laurie An Aberdeen-based accountant has emerged as the top-scoring student in a national Chartered Institute of Taxation exam.