News

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.

More than 70 staff volunteers at AXA’s Glasgow office will man the phone lines to raise money for Red Nose Day today.

The Cheque and Credit Clearing Company (C&CCC) has announced that it is introducing a new way of clearing cheques that will see them clear within one working day by this October.

Dame Elish Angiolini The Institute of Chartered Accountants of Scotland has announced the appointment of one of Scotland’s most senior lawyers as Chair of its Discipline Board.

Caroline Gardiner The Scottish Government has been called on by its financial watchdog to gain a “clearer picture” of what the changes will cost and how staffing challenges will be addressed in the next stage of financial devolution.

James Andersen One of Scotland’s leading business growth advisors is warning the country’s property and construction sector faces a critical period as uncertainty over Brexit and a potential second Scottish independence referendum take its toll.

The prospect of an out-of-court settlement between Royal Bank of Scotland and a shareholder action group that claims its members were misled by the bank in the run-up to it’s £12 billion rights issue in 2008 has been thrown into doubt over levels of compensation.

Tony Barrell Tony Barrell and Mike Jervis of PwC have been appointed as joint administrators of the value shoe retailer Brantano Retail Limited.

The strong performance of Scotland’s pubs and restaurants has carried over from the start of the year, according to research by insolvency and restructuring trade body R3.

Gross mortgage lending in the UK reached £18.2 billion in February, according to latest Council of Mortgage Lenders estimates.

Six new Scottish consortia are celebrating after winning a share of the £60,000 Collaboration Prize, delivered by Co-operative Development Scotland on behalf of Scottish Enterprise and Highlands and Islands Enterprise.

Edinburgh-based property and retail group Kiltane has stuck a deal with administrators BDO to acquire significant parts of the Ness Clothing business, safeguarding more than 35 jobs at the stricken firm.

Stephanie Baynham Stephanie Baynham, senior solicitor in MacRoberts' Glasgow office analyses the pros and cons of innovative 'mini bonds'

Nearly one in seven people retiring this year (14 per cent) have not made provisions for their retirement, including 11 per cent who will be either totally or somewhat reliant on the state pension when they stop work, according to new research from Prudential.