News

Stuart Gulliver HSBC has reported a five-fold increase in third quarter pre-tax profit, as a sweeping overhaul aimed at a shift in focus towards Asia paid off.

Standard Life Aberdeen has been hit by outflows totalling £7.6 billion since the creation of the mega firm following the merging of Standard Life and Aberdeen Asset Management, new analysis has shown

Ian Wright of WRI Ian Wright of WRI Associates has been appointed provisional liquidator of troubled Scottish publisher Freight Books as a result of a court order issued last week.

Nationwide Building Society has today said it is improving its rates for mortgage customers and outlining its response to any decision by the Bank of England to increase the Bank Rate this week. As mortgage customers look to secure competitive rates in the light of the uncertainty around Bank Rate,

A confiscation order has been granted against an financial IT expert who defrauded a Scottish local authority of more than one million pounds. Mark Conway was imprisoned for more than five years after admitting defrauding Dundee City Council while an employee.

Scottish Equity Partners (SEP) has completed a significant investment in global scientific informatics software provider, Dotmatics. The company, founded in 2005, delivers enterprise solutions to the pharmaceutical, biotechnology, academia, food and beverage, oil and gas, and agrochemical industries

Carl D’Ammassa New figures compiled by challenger bank Aldermore have revealed the extend of the growing trend of Scots starting new businesses during the first decades of the 21st Century.

Scotland’s SNP government has called leaders in Westminster to reveal the extent of the impact that leaving the EU will have on Scotland’s financial services sector following warnings from the Bank of England today that 75,000 jobs in the industry are at risk from Brexit. Westminster has so far

Sean McGinness Newly converted dwellings that contain elements of existing residential property will fail to qualify for VAT zero-rating on disposal, a Scottish accountant has warned following two landmark cases.

Mike Dailly With the Bank of England Monetary Policy Committee (MPC) expected to raise interest rates for the first time in a decade this week, experts are issuing dire warnings that such a move could spell financial chaos for thousands of Scots.

Edinburgh-based accountancy firm Chiene + Tait’s corporate finance team has assisted members of the management team at Clydebank-based Marmac Services, a mechanical & electrical engineering and contracting service provider, to acquired the business. The management buyout deal, which will enabl

Alison Thewliss SNP Treasury spokesperson at Westminster Alison Thewliss MP has written to the Chancellor about the continuing lack of women at senior levels in the finance sector.

​Douglas Shand The companies involved in PwC and CodeBase’s SCALE initiative have been released as the ten-week series of events goes live.

Mark Harvey EY’s business in Scotland has seen growth of 11 per cent in the financial year ending 30 June, 2017, the firm has said.

A new English-speaking commercial court is to be established in Brussels, the Belgian government has announced. The Brussels International Business Court (BIBC) would hear pleadings and deliver judgments in English, with judges coming from the county’s appeal court.