News

Hugh Meechan (Pic: Christian Cooksey) Glasgow challenger mortgage firm, The Mortgage Lender, (TML) plans to create up to 109 new jobs in Scotland’s financial services sector after being awarded a Regional Selective Assistance grant from economic development agency Scottish Enterprise.

A former equity portfolio manager at BlackRock Investment Management has been jailed for 12 months on two counts of insider dealing after being found guilty of placing trades in Edinburgh-based Cairn Energy and EnCore Oil using inside information.

Dundee-based bespoke joinery manufacturer and interior fit-out specialist, Bentleys Shopfitting Ltd, has announced it is the latest Scottish business to adopt an employee ownership model, with 50 staff now given the opportunity to become owners.

Keith Brown Scottish small and medium sized enterprises are to receive European Regional Development Fund investment worth £40 million to help transform their innovative ideas into economic success stories.

Rory Macnamara Dundee-based Alliance Trust has announced the passing of director Rory Macnamara.

Carroll Buxton While overall confidence in Scotland’s economy remains low, over four fifths (82 per cent) of businesses in the Highlands and Islands have reported good or steady performance for their own company over the past 12 months, and 89 per cent anticipate growth or stability in the next tw

House prices in the UK will see an average increase of 3 per cent over the course of next year as the number of transactions stabilises, according to the RICS housing forecast for 2017.

More than 27,000 Royal Bank of Scotland (RBS) shareholders could be entitled to £1 billion in compensation as a result of the bank’s controversial 2008 rights issue, according to an independent report commissioned by investors.

David Duffy Clydesdale Bank chief executive David Duffy has finished his first full year at the Glasgow-based bank with pay of more than £2 million.

Alliance Trust Savings has revealed plans to overhaul fees for its direct and advised businesses early next year.

Richard Larner Investment firm Brooks Macdonald’s head of research Richard Larner outlines the firm’s predictions for 2017.

Confidence amongst Scottish construction employers has been rated positive for the second consecutive quarter.

Ian Godden A former director is to return to the Board of Havelock Europa with a vote of confidence for the company in the form a £300,000 investment.

A four-figure donation from Aberdeen Asset Management will allow a charity supporting deaf children to increase its provision of services in its London centre.