News

Royal Bank of Scotland is set to shed nearly 160 employees as it closes a total of 62 branches across Scotland, it announced today. The announcement from the bank - which is still 72 per cent state-owned - comes just nine months after RBS's announcement of 30 branch closures.

James Will Thousands of Scottish Investment Trust investors, who hold around £183m of assets, are to be transferred, free of charge, to AJ Bell’s Youinvest platform.

Neil Francis The Scottish Government has announced the appointment of a team of trade envoys to champion international trading.

Patrick Mill Alliance Trust Savings chief executive Patrick Mill has announced he is leaving the platform after five years at its head.

Duncan Barrie Duncan Barrie, who leads the farm sales team from estate agent Galbraith’s National Farm Sales Centre in Stirling, reviews how a number of the more than 60 farms sold for a total of £65 million by the firm last year were sold in lots, with the farmhouse, buildings and an area of ame

Start-ups and small businesses in Glasgow are struggling to find suitable offices as a lack of small office suites threatens to hamper the future growth of these businesses in the city, estate agent Savills has warned.

Paul Johnston Glasgow-based private equity firm Maven Capital Partners has announced the opening of Hotel Indigo Cardiff, following its investment in the £17.5m 122-bed boutique development.

Jamie Younger Research commissioned by HMRC published in November appears favourably to reinforce the use of Agricultural Property Relief (APR) and Business Property Relief (BPR) in succession planning, experts have said.

Richard Gardiner Dunfermline-based accountancy firm Thomson Cooper has been appointed liquidator at a Fife motor recovery firm which picked up crashed and stolen vehicles for the police.

Axion Building, Belvedere Buccleuch Property has completed a forward sale of its £11.3m Axion Building in Belvedere, London, to Orchard Street Investment Management, who were acting on behalf of St James’s Place.

Matthew Callaghan Around 2,500 of Fife distribution firm Palmer & Harvey’s 3,400 UK staff, including 151 at its Dunfermline base, have lost their jobs with immediate effect, joint administrators at PwC have confirmed.

Uncertainty over the outcome of Brexit negotiations is driving a fall in business confidence, according to a survey of Association of Chartered Certified Accountants (ACCA) members.

Jim Muir Aberdeen-based accountants Anderson Anderson & Brown has announced the appointment of Jim Muir as financial services strategic advisor.

Sean McCann Family businesses could well be included as part of a multi-million pound tax crackdown on “mid-size businesses and wealthy individuals” set to begin next year.

Murdo Fraser Nearly a third of Scottish firms have appealed their business rates revaluation, totalling more than £5 billion, new figures have revealed.