News

Stuart Lunn Edinburgh-based peer-to-peer (P2P) lender LendingCrowd has secured an external funding round of £2 million following a strong 2017 for the business, with the proceeds earmarked for ramping up its sales and marketing activities.

Caroline Gardner Recruiting the skilled staff needed for the Scottish Government's new financial and social security powers and responsibilities will be challenging, the Auditor General has warned.

Michael Stoneham Michael Stoneham, a partner and head of energy & infrastructure finance at Scottish law firm Brodies looks ahead to the coming of Scotland's national investment bank

LGIM Real Assets (Legal & General) has announced on behalf of its Linked Life Fund that it has signed an agreement to develop a new hotel in the heart of Glasgow city centre.

Liam McGonigle Barclays says it has bolstered its offer to commercial finance intermediaries in Scotland with the appointment of Liam McGonigle to the role of business development manager.

Peter Truscott Galliford Try has completed a rights issue to raise £157.6 million of new equity capital to cover over-run costs on the Aberdeen Western Peripheral Route/Balmedie to Tipperty (AWPR) project.

A top banker at Coutts, the private bank used by the Queen which is part of 72 per cent state-owned Royal Bank of Scotland, has been forced to resign following allegations that he sexually harassed female colleagues.

Nick Pollard Fife-based Kingdom Housing Association has secured a further £5.03 million in what is now its third Allia Social Impact Finance Scottish Government charitable bond.

German airline Lufthansa has begun new flights between Glasgow and the financial centre of Frankfurt.

Edinburgh has leapfrogged Glasgow in the latest Global Financial Centres Index, a ranking of the world’s financial centres published by the consultancy Z/yen and China Development Institute.

Andy Willox New small business research shows that Scottish business confidence grew in the first quarter of 2018, but firms north of the border remain substantially less optimistic than their UK counterparts.

Kenny, Alison and Colin Blair Scottish hospitality group Buzzworks is set to expand into new venues across Scotland following a £3 million refinancing deal with HSBC, which has supported the creation of 100 new jobs.

Travis Sinclair Travis Sinclair, a consultant in HRC Recruitment’s accountancy and finance team explores a Scottish accountancy labour market characterised by limited supply and high demand

Sir Ian Wood (Image: Ross Johnstone) Funding for private sector economic development body Opportunity North East (ONE) is being more than doubled and extended to 10 years to support action and investment in pursuing ONE’s renaissance strategy for Aberdeen and Aberdeenshire.