News

Andy Briggs The boss of insurance giant Aviva, which employs 2,500 staff across hubs in Perth and Bishopbriggs, has taken home a £4.3 million pay package for 2017 on the back of a salary hike and nearly £3 million in bonuses and shares.

Richard Davies Challenger bank TSB says it has bolstered its commitment to “break the shackles that the big banks have on the small business banking market” by creating Business Marketplace which it claims will allow small businesses to easily compare financing options from a number of lenders i

EQ CF Partners (L-R) Mark Gibson, Mark Smeaton, David Morrison, Steven Todd, Louise Grant and Ross Oliphant Scottish accountancy firm EQ Chartered Accountants has revealed that it has reached completion of corporate finance assignments worth £300 million in just two years.

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.