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The continuing slump in oil prices could see almost one in three of the UK’s oil and gas firms planning more new job cuts, a new survey has found. The latest Bank of Scotland report on the oil industry has found that around 32 per cent of companies are planning further job cuts as the sector downt

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Business advisory firm Deloitte has continued its investment in Scotland with the appointment of three new partners and six directors across its three offices in Edinburgh, Glasgow and Aberdeen. Chris Hunter, Matt Smith and Michael Magnay are among Deloitte UK’s 80 new partners, in the firm’s la

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The Scottish Salmon Company PLC has announced new banking arrangements with Bank of Scotland. The move marks the first time a salmon farming company has used a Scottish bank to deliver full banking and ancillary services. The £55 million refinancing agreement is seen as a major milestone in the Edi

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The Rothschild family's RIT fund is likely to face rival challenges in its merger bid with the Dundee-based Alliance Trust, city analysts have predicted. Stephen Peters, investment trust expert at wealth manager Charles Stanley, told the Financial Times: "We should expect more proposals. Two billion

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Martin Gill Business outputs and optimism about future growth have fallen as companies are uncertain of the current economic direction in Scotland, according to the latest "Business Trends Report" by accountants and business advisers BDO LLP.

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US authorities have refused a tax re-claim from a former Manchester United Owner, on a bill arising from £17.4 million winnings from a 72 hour backgammon game. JP McManus claimed that paying a small amount of ‘domicile levy’ in Ireland exempts him from $5.2m of tax taken by US authorities, The

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The amount of cash raised by Scottish businesses from crowdfunding has rapidly increased, according to a new report by Glasgow Chamber of Commerce. Firms were estimated to have received more than £27 million in the 12 months to September 2015.

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