News

The UK financial services industry will see slower but continued growth up to 2020 despite challenges on the horizon from Brexit and other geopolitical pressures, according to the latest EY ITEM Club outlook for the sector.

Christopher Trigg Edinburgh green energy start-up OnGen has topped £500k total funding following its latest round, with backers including the Scottish Investment Bank, the investment arm of Scottish Enterprise, and early investor Ian Marchant.

Derek Mackay David Wilson, executive director of the International Public Policy Institute at the University of Strathclyde, has been appointed as a member of the Scottish Fiscal Commission Board.

Sir George Mathewson Former RBS chairperson Sir George Mathewson, a key business supporter of Scottish independence, has said the issue should not be "mixed up with Brexit".

Lesley-Anne-Junner A new director of finance and corporate services has been appointed at Linstone Housing Association.

Latest high street banking data shows UK households borrowed £13.4 billion in February, which was 4.6 per cent higher than in the same month last year.

Royal Bank of Scotland has announced that it is to close another 30 of its Scottish branches.

David Melhuish Official figures released by Revenue Scotland and analysed by the Scottish Property Federation (SPF) have revealed that the Scottish Government’s Land and Building Transaction Tax (LBTT) returns for February 2017 generated the lowest LBTT revenue of any other month in 2016/17.

Douglas Whyte Scotland’s top directors have been honoured at this year’s Institute of Directors Scotland Director of the Year Awards, celebrating individuals’ business achievements in 2016, at the Crowne Plaza Glasgow.

Dundee-based Alliance Trust Savings has posted profits of £1.2 million for last year, making a return to the black following the £5.2 million loss endured in 2015.

Paul Wheelhouse

Jon Alexander Buccleuch has announced the appointment of Jon Alexander as its new finance director.

Lindsay Gardiner Scotland is set to outperform Northern Ireland and on par with Yorkshire and the North-east of England in 2018 but underperform compared to the UK average and other regions.

John Hawksworth Up to around 30 per cent of existing UK jobs could face automation over the next 15 years, but new AI-related technologies will also boost productivity and generate additional jobs elsewhere in the economy, according to new analysis by PwC in its latest UK Economic Outlook report.

The Industry Technology Facilitator (ITF) and the Oil & Gas Innovation Centre (OGIC) have joined forces to fund and support the development of innovations which could reduce costs, raise production efficiency, and improve safety and environmental performance.