News

It has been reported that Aberdeen Asset Management, which has seen net outflows of almost £10bn to the end of June and a share price which has fallen 25 per cent over the past six months, has started to sound out potential buyers. According to The Financial Times, Aberdeen’s founder and chief ex

Wayne Baber Aberdeen-based independent financial advisers, Central Investment, has expanded its team of financial experts.

Sir Charlie Mayfield The chairman of the UK’s largest employee-owned company has praised Scotland’s commitment to the business model as new figures reveal the ‘sector’ is thriving.

Chartered accountant and business adviser Alexander Sloan, which specialises in the registered social landlord sector, has won a breakthrough tender bid in the North-East of Scotland. While the firm already acts for more than a quarter of the housing associations in Scotland, its contract with the L

The sale of million pound homes in Scotland has more than doubled from the 43 sold in the first half of last year to 111 in the first six months of 2015. According to the Bank of Scotland Million Pound Property Report, sales are up 158 per cent compared to the same period in 2014, which is in stark

Left to Right: Jamie Kerr, Partner, Thorntons. Keith Brown, Cabinet Secretary for Infrastructure, Investment and Cities. Hugh Aitken, CBI Scotland. David Duffy, Clydesdale Bank. More than 100 of Scotland’s top business, charity and political leaders were brought together this week for the first CB

Harry Morgan Tilney Bestinvest has restructured the management of its Scottish operation and further strengthened its offering with the hiring of Harry Morgan in the new role of director of key clients for Scotland.

Tata Steel, Clydebridge. Communities and employees affected by the closure of Tata Steel plants in Scotland have been promised £1.5 million to help support the creation of new jobs.

The UK treasury has reported that the first six months of this year saw it suffer a multi-million pound loss on North Sea oil and gas for the first time in the industry’s 40 year history. The unwelcome event comes amid the effects of the languishing global oil price which saw dipping government re

The Competition and Markets Authority, the UK's competition watchdog, has ruled out a break up of the UK’s biggest banks. The provisional findings of the CMA’s investigation, which examined the supply of personal current accounts and of banking services to small and medium-sized enterprises, had

HM Revenue & Customs has named and shamed a dozen Scottish businesses including a garage, a taxi business and five hairdressers, for failing to pay workers the national minimum wage. They were on a list of more than 100 UK employers identified by the UK government following HMRC investigations.

David Bennett Clydesdale Bank has announced the appointment of former Alliance & Leicester chief executive David Bennett, as non-executive director and deputy chair of the board.

Nikki Williams Financial recovery, restructuring and debt advisory boutique mlm Solutions has achieved the prestigious Investors in People Gold Accreditation, the most successful framework for business improvement through people in the UK.

Over 1,000 full-time jobs are at risk at North Lanarkshire Council as the local authority bids to save £68.3 million over the next two financial years. Councillors will be asked next week to accept measures to save £22.7 million, a move which will result in 23 post reductions.

Queensferry Crossing The Scottish Government has come in for criticism for awarding the contract to supply the steel for the Queensferry Crossing to a Chinese firm.