News

David McCreadie Edinburgh-based Tesco Bank, which employs more than 2000 people at its headquarters in the Scottish capital, is to introduce a zero per cent interest Clubcard Credit Card offer for purchases up to 30 months.

Susan McDonald HBJ Gateley’s Susan McDonald on the lessons learned from bond funding as a means to finance social housing associations.

Retail sales in Scotland have grown much more slowly over the past year than in Great Britain as a whole, according to new figures.

Entrepreneurial spirit is on the rise in Scotland with over 130 new independent shops opening up over the last year, compared to 75 in 2015, according to new research by the Local Data Company and British Independent Retailers Association.

Raj Mody New figures released today from PwC’s Skyval Index show the deficit of defined benefit (DB) pension funds stood at £530 billion at the end of April 2017, a £30 billion increase since last month.

Malcolm Hurlston CBE There were more small claims decrees for debt against Scottish consumers in Q1 2017 than in any other first quarter on record, according to figures released today by Registry Trust.

New figures from the National House-Building Council (NHBC) have revealed a rise in the number of new home registrations in Scotland.

Martin Gilbert Aberdeen Asset Management (AAM) chief executive Martin Gilbert has reassured his employees, and those at Standard Life, that the merger of the two companies will not lead to “dramatic” job losses.

Corporate insurance broker Lockton is further expanding its risk advisory capabilities in Scotland with the appointment of three more corporate professionals.

Moira Kelly The Scottish Parliament should consider establishing a committee focused exclusively on scrutinising the country’s devolved tax powers, the body representing Scotland’s tax professionals has said.

Richard Bathgate Staff at an Arbroath-based oil and gas services firm have been saved from redundancy after Mountwest Petroleum Engineering Ltd (MPEL) was bought out of administration last week, administrators Johnston Carmichael have announced.

Peter Graham Henderson Loggie has further strengthened its forensic services team with the appointment of forensic accounting and investigations expert Peter Graham.

Brian Moore Highland Distillers Limited, a subsidiary of international premium spirits firm Edrington, has purchased of The Glenrothes Speyside Single Malt Scotch whisky from Berry Bros. & Rudd Limited, Britain’s oldest wine and spirits merchant.

Current economic trends such as house price inflation, tighter credit conditions and low real wage growth, mean that borrowing into older age is likely to move from niche to mainstream within the next decade.

Tom Faichnie Tom Faichnie is managing director of Hall Morrice Corporate Finance and in a career spanning over 20 years has built up a reputation as the ‘go to’ man for private equity houses looking to invest in oilfield services companies in Aberdeen. He’ll be at OTC in Houston, and he explai