News

TSB's statutory pre-tax profits fell more than 10 per cent last year, largely due to a delay in launching its own IT system. The bank, which was spun off from Lloyds Banking Group in 2013, saw profits fall £19.3 million (10.6 per cent) to £162.7 million last year.

Lena Wilson Scottish Enterprise will be without a chief executive until the summer, the Scottish Government has confirmed.

Royal Bank of Scotland bosses have been blasted by a second parliamentary committee in a week after the Irish Oireachtas’ finance committee told Ulster Bank chiefs that they had a “brass neck” for choosing to send its SFO rather than its outgoing chief executive to face a grilling over a scan

Joseph Bowie (left), lender services operations director, Mike Sinclair, senior property partner, Myra Scott, partner and head of lender services practice group, Jacqueline Law, managing partner, Laura Browne, partner, Matthew Wightman, partner, lender services practice group Aberdein Considine has

Stirling is the most affordable city in the whole of the UK, while Perth has seen the biggest improvement in terms of home affordability in Scotland over the last five years, according to the latest Bank of Scotland research.

Vince Smith-Hughes Debt in retirement is continuing to climb with nearly one in five expecting to stop work this year owing an average £33,900, according to new research by Prudential.

Edinburgh-based asset manager Drum Real Estate Investment Management has announced an interim dividend of 1.5p per share on its Drum Income Plus Real Estate Investment Trust (DRIP REIT) for Q3 2017, marking a 9.1 per cent year-on-year rise.

Nigel Murdoch Following on from the recent appointment of Andy Hahn to Martin Currie’s institutional business sales team in November last year, the Edinburgh-based fund manager has further strengthened its distribution capability with two more new senior appointments.

Austin Lafferty The average selling price of residential properties across west central Scotland has increased by 6.1 per cent over the last three months of 2017, when compared with the same period in 2016, according to the latest quarterly report from estate agents GSPC.

Lesley Duncan Edinburgh-based global investment manager Aberdeen Standard Investments has announced the launch of the UK Equity Impact – Employment Opportunities Fund*, in collaboration with Big Issue Invest, the social investment arm of The Big Issue.

Nicola Rollings Aberdeen-based accountants and business advisers Anderson Anderson & Brown (AAB) has announced the appointment of Nicola Rollings as restructuring manager in their growing Restructuring & Recovery (R2) division.

A 72 year old who embezzled more than half a million pounds while working in the annuities department of Scottish Widows has been jailed.

Stuart Murdoch An expert in complex financial disputes has been promoted to head up a newly-combined practice area for Burness Paull.

New figures have revealed that over 405,000 more people got in severe problem debt in Britain during the most recent three financial quarters.

Nathan Bostock The collapse of construction giant Carillion has dragged down profits by 5 per cent year-on-year at Santander’s UK operation, the lender has revealed.