News

Bob Ruddiman A leading Scots oil and gas expert has warned that the industry should prepare for a lower oil price over an extended period and that there was more pain to come for the beleaguered UK sector.

Oil prices tumbled to $32.62 a barrel this week as a result of rising US energy stockpiles and China's weakening currency. The price of oil fell more than 2 per cent in early trading on Wednesday as oil becomes so oversupplied globally that countries are running out of storage.

Donald Trump Controversial American businessman and Republican presidential hopeful, Donald Trump, has issued a threat to Scotland that he will withhold £700m of investment in the country if he is banned from entering the UK.

Police Scotland will need to make further savings according to the single force's new Chief Constable, Phil Gormley.

A former bank in Glasgow is to be turned into a not-for-profit law office by its new owner to fill a gap left by ongoing legal aid cuts. Solicitor Graham Walker, a road traffic law specialist, is to renovate the former Royal Bank of Scotland building on the city's Shettleston Road – part of an old

The Scottish Fiscal Commission should be given the role of producing the official forecasts for the devolved taxes, according to a report on the draft bill to give the commission a basis in statute. Whilst the bill proposes that it should be the Scottish government that produces the forecasts, the F

A firm of solicitors which challenged a claim by the trustees of a fund set up to provide pensions for employees of legal practices and their dependants has failed in an appeal against a judge’s decision to grant decree against the firm to pay its share of a deficit on the fund.

David Martin The Scottish Retail Consortium has today launched its final policy paper ahead of the 2016 Holyrood election setting out its key priorities on better regulation and red tape.

North East hospitality businesses – hotels, bars, restaurants and clubs – face a very difficult first quarter of 2016 with the risk that a large number could close due to a major drop in consumer spending, a leading specialist in business recovery has warned. There are just over 900 hospitality

Liquidators for payday lender Cash Genie (Ariste Holding Limited) are seeking out former customers who may be entitled to a payout as a result of the company’s unfair practices. In 2014 Cash Genie voluntarily notified the Financial Conduct Authority (FCA) that it had engaged in unfair practices* a

Edinburgh-based Sigma Capital has seen an 11 per cent rise in its share price after revealing that it is due to issue a positive trading update. The group, which specialises in development of the private rented sector (PRS) in urban regeneration, said its second half has progressed ahead of schedule

Ben Bailey Perth-based insurance broker Clark Thomson has reported “excellent results” in a year in which it consolidated its position as the industry’s largest independent Scottish player.

The Business Growth Fund (BGF), which has invested more than £100 million in 19 companies across Scotland since 2011, has expanded its team in Aberdeen, taking its dedicated investment staff in Scotland to ten people Keith Barclay joins the BGF team from Souter Investments, the private investment v

Kezia Dugdale First time buyers will be given £3,000 towards the purchase of a property under new plans unveiled by Scottish Labour.

New research has found that more than one in four adults in Scotland who are responsible for paying rent or a mortgage are worried about covering the cost of their housing in 2016. The research, carried out online by YouGov on behalf of Shelter Scotland, found that 28 per cent of adults in Scotland