News

Sir Richard Branson and Virgin Money CEO Jayne-Anne Gadhia UK challenger bank Virgin Money, which is headquartered in Newcastle but employs 200 at its Edinburgh hub in the capital’s St Andrew Square, increased its underlying pre-tax profits 28 per cent to £273.3 million last year, with total inco

Dina Devalia Savers who invested money into the now defunct North East Scotland Credit Union have been assured they will have their savings returned after the organisation went under.

Nicky Morgan MPs have this week renewed their criticism of Royal Bank of Scotland after it emerged that nearly all of the senior staff currently employed in the bank's turnaround unit for small businesses today also worked in the now disgraced Global Restructuring Group, which was condemned by the F

The Financial Conduct Authority (FCA) has this week published its final policy statement on new rules for the credit card market.

Jennifer Henderson Jennifer Henderson has been appointed as the new Keeper of the Registers of Scotland by First Minister Nicola Sturgeon, with the consent of the Lord President of the Court of Session, Lord Carloway.

Paul Chapman Scotland may be renowned for its culture of innovation, but it is being outdone by its Scandinavian counterparts, according to a Scottish patents expert.

Matthew Harrington Following its triennial equity partner elections, BLM has elected Matthew Harrington to be its new senior partner, with effect from 1 March 2018, and for a period of three years.

Ryanair has announced that it is close its Glasgow base, cutting the number of routes operating from Glasgow from 23 to three, in a move that threatens 300 jobs.

Edinbrugh-based Aberdeen Standard Investments (ASI) has revealed that it plans to establish an investment and distribution business in Dublin, subject to regulatory approval, following the UK’s decision to leave the European Union.

Housing associations in the UK made record operating profits in 2017, despite the introduction of a 1 per cent annual social housing rent cut in England until 2020, according to Moody’s Public Sector Europe.

Scotland saw a sustained level of office investment in 2017, despite ongoing economic uncertainty, according to new figures released by independent property consultancy, Knight Frank.

Mike Thompson Barclays has announced that it is launching a Master’s Apprenticeship in Leadership, the first UK bank to offer this level of apprenticeship. The two-year programme will allow eligible candidates to further their studies whilst continuing to earn in their current role, completely fre

Andrew Renouf Against a backdrop of Brexit uncertainty that has subdued performance in a number of commercial sectors, tourism and hotels have defied conditions to deliver significant growth in Scotland.

Edinburgh-based electrical contractors Ideal Electrical has secured a funding package from Santander Business Banking to support the expansion of its headquarters in the capital.

The Financial Conduct Authority (FCA) has today imposed a fine of £1,976,000 on credit card lender, Vanquis, for failing to disclose the full price of an add-on product, called Repayment Option Plan (ROP).