Shares in Barclays have fallen 11 per cent on the back of a drop in full-year profits of 2 per cent. The bank announced a dividend cut and a restructuring that included its rolling back of its exposure in Africa as it revealed that underlying annual profits for 2015 fell to £5.4bn on income of £24
Ross McEwan Three of the top bosses at 73 per cent taxpayer-owned Royal Bank of Scotland, including chief executive Ross McEwan, have ploughed almost £1million into buying the bank’s bombed-out shares in the wake of last week’s eighth successive pre-tax loss.
Widespread misconceptions about apprentice pay, qualifications and other important benefits are putting many school leavers off pursuing this route to the workplace, according to new research from insurance firm, Prudential. Launched to coincide with the start of Scottish Apprenticeship Week 2016, t
The latest quarterly barometer that measures the outlook for growth and nationwide levels of business confidence has rallied after a 7.1 percent drop in Q3 2015. Q4 2015 of the Chartered Institute of Credit Management’s (CICM) UK Credit Managers Index (CMI) reported growth in both the Manufacturin
The Greater Manchester Loan Fund (GMLF), which is managed by Glasgow-based Maven Capital Partners, has invested £320,000 in Emeg Electrical Limited (Emeg), a specialist mechanical and electrical contractor providing services to the owners and operators of rail facilities. The GMLF was set up by the
The Orkney Islands has the best quality of life of any rural area in Scotland for the third year running, according to the latest Bank of Scotland Rural Quality of Life Survey. Orkney knocked Aberdeenshire off top spot in 2014 and has remained there ever since.
Aberdeen Asset Management is cutting the fees on three of its funds, just as reports surface that the firm could be relegated from the FTSE 100 this month after seeing its market value more than halve since the shares peaked at 507p last April. They closed down 0.5p at 241.4p yesterday, valuing the
Greater help is to be offered to small and medium-sized businesses in Scotland, with plans to expand the Scottish Investment Bank (SIB). The move follows the Scottish Government’s Programme for Government commitment to create a Business Development Bank (BDB) to address the gaps in the market for
Two of Scotland's sporting legends, Sir Chris Hoy and Andy Murray, have shown that they are no slouches when it comes to matters financial. Olympic hero Sir Chris Hoy saw his company take in more than £1 million last year. The latest figures show the retired cyclist is still capitalising on his spe