News

The former chief operating officer of Perth-based energy giant SSE has been given a £2.15 million chunk of his pension pot. According to the firm’s annual report, the request for the payment when he reached 60 was part of chief operating officer between 2002 and 2011 Colin Hood’s arrangements t

David Lonsdale Scottish retailers have slammed Holyrood after figures emerged showing that property taxes north of the border have spiralled upwards by almost £60million in the past five years.

New rules governing bankers pay have been unveiled by the Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA) which the UK Governement has said constitute the toughest such laws of anywhere in the world. The new regime follows a year-long consultation by the City regulators a

From left to right; Anne Fairpo, immediate Past President of the Chartered Institute of Taxation, presented 'The 'Tax Team of the Year Award 2015' to Gill Pryde and Sheena Anderson, Tax Partners at AAB. Aberdeen-based Anderson Anderson & Brown (AAB) has retained the title of ‘Tax Team of the Y

Sir Phillip Hampton Royal Bank of Scotland bosses yesterday came under fire from the still 80 per cent state-owned bank’s angry shareholders who called for answers over a litany of issues still plaguing the lender.

SSE worth £1.47bn to Scottish economy, says PwC report Perth-based energy giant SSE contributes around £1.47 billion to the Scottish economy anually, according to new research carried out by global accountancy firm PwC.

Aileen McLeod Scottish landowners will have to accept "the public responsibilities that come with that ownership" following the introduction of new land reform legislation.

Royal Bank of Scotland, which today holds its annual general meeting in Edinburgh, has stated that it is still on course to meet the end of year deadline for the sell-off of its Williams & Glyn business, as per the - already revised - conditions of its government bailout. The assurances were mad

John Muir The highest paid director at building firm Muir Group got a pay package worth more than £1 million in its most recent financial year.

Ed Legget Edinburgh-based Standard Life Investments’ UK equity manager Ed Legget is to move on, the wealth manager has confirmed.

Glasgow City Council has unveiled a programme of cuts to save £103 million over 2016/17 and 2017/18. The local authority governing Scotland’s largest city will have to trim 7 per cent from its budget in order to tackle “the unprecedented financial challenge of the next two years”.

New research from the Clydesdale Bank has shown that 63 per cent of first time buyers in Scotland are now setting their sights on owning a house rather than a flat. This compares to a UK average of 72 per cent.

John Finnie Comhairle nan Eilean Siarhas agreed to explore the possibility of investing a portion of the pension fund it shares with The Highland Council in building social and affordable housing.

A record 137 ambitious future Scottish business leaders set out on the journey of a lifetime this week as they began the global challenge of The Saltire Foundation's entrepreneurial Scholars programme.

Ewan Alexander Lawyers Pinsent Masons has announced preliminary details of its unaudited financial results for FY14/15 showing that the firm achieved global turnover of £362.2 million, up 12 per cent on FY13/14, while profit per equity partner increased to £538,000.