News

The City of Edinburgh Council introduced the Living Wage for its employees in 2013 and has now gained accreditation through the Scottish Living Wage Accreditation Initiative.

Blue chip businesses including Royal London, the UK's largest mutual life, pensions and investment company, and Lendlease, the Australian-listed property and real estate multinational, have signed up to a corporate ‘crowd funded’ Brexit advisory service.

Glasgow-based football club Rangers have posted a loss of £3.3 million in its latest annual report.

Auchrannie resort on the Isle of Arran has announced that the current shareholders have agreed to transfer their shares to an Employee Ownership Trust. Established by Iain and Linda Johnston in 1988, Auchrannie currently remains under the ownership of the Johnston family.

Ross McEwan Following Friday’s news that still 73 per cent state-owned Royal Bank of Scotland has lost £2.5 billion so far this year, calls have been made for the UK government to use its stake to break up the lender.

Scotland’s businesses remain optimistic about their future growth plans, despite increasing political and economic uncertainty, according to new research from accountants Grant Thornton.

Scotland’s largest independent insurance broker, Clark Thomson, has been named this year’s winner of the Scottish Financial Services Awards.

Campbell Dallas has assisted fast-growing East Kilbride-based creator of bespoke booking systems Traveltek, in securing £5.3 million in funding from the specialist private equity fund manager, YFM Equity Partners (YFM), to help finance a major global expansion programme.

Mark Williams Royal Bank of Scotland has provided a financing package to help a Scottish waste and construction services company to further expand its business.

Parents in Scotland are willing to pay an average £80,000 more to live in the catchment area of a top performing state school, according to new research from Bank of Scotland.

Leah Hutcheon Leah Hutcheon, founder and CEO of Edinburgh-based start-up and online booking specialist, Appointedd, has won Business Women Scotland’s International Growth of the Year award.

The UK government has reduced its stake in Lloyds Banking Group to below 9 per cent after Chancellor Philip Hammond sanctioned a new share sale.

Daniel McKernan Edinburgh-based global asset manager, Standard Life Investments, has launched a new bond fund to address the potential for significant drawdown that an increase in fixed income market volatility could bring.

Royal Bank of Scotland has reported losses of £469 million for the third quarter of the year as its latest attributable or "bottom-line" loss was widened by restructuring costs of £469 million and conduct and litigation costs of £425 million, as well as a deferred tax write-off of £300 million.