News

Edinburgh-based Royal Bank of Scotland has announced plans to close four offices in the city and double the number of staff at its sprawling Gogarburn HQ. The 80 per cent state-owned bank said that the cost-cutting initiative will see 3000 staff moved out of the centre of the Capital to swell person

Jorma Ollila Oil and gas giant Royal Dutch Shell has agreed a takeover of oil and gas exploration company BG Group in a deal which values the business at £47bn.

Martin Gilbert Douglas Gilbert the well-known boss of a construction firm and brother of Aberdeen Asset Management chief executive Martin, has died after falling ill while on holiday in Tenerife.

Sir Chris Hoy Sir Chris Hoy, Britain’s most successful Olympian, is still putting in impressive performances despite his retiring from the track after his company posted 2014 results showing profits pushing £1 million.

Betsy Williamson Edinburgh-based financial sector recruitment firm Core-Asset Consulting has announced the launch of a new Investment Operations team aimed specifically at supporting third party administrators (TPAs), global custodians and platform providers based in Scotland.

Kenny White Edinburgh-based residential care specialist Randolph Hill Nursing Homes which provides residential nursing care for 340 residents and employs more than 500 people across Scotland has secured a £26 million finance package from HSBC.

Edinburgh-based Royal Bank of Scotlandhas provided student accommodation developer Ziggurat with a finance facility of almost £30 million to help fund the construction of a major project in the city and support the firm’s wider growth. Ziggurat, which was founded in the Capital by Jim Pike and co

Andrew Ferguson Aberdeen private equity house Maven Capital Partners has led a £2.75 million investment in the specialist IT security business Flow Communications Limited.

Anderson Anderson & Brown LLP has announced the appointment of two new Partners, Chris Masson and Derek Mitchell.  

Katherine Garret-Cox Former Alliance Trust director Tim Ingram has followed up the open letter he addressed to shareholders in the Dundee firm last week and further turned up the heat on the investment house’s current board by claiming that chief executive Katherine Garrett-Cox’sremuneration can

New road and rail links to Edinburgh Airport and an extended Borders Railway are among major projects being drawn up by a partnership of local authorities, under ambitious £1 billion city deal plans announced today.

Shares in Scottish companies listed on the Alternative Investment Market (AIM) rose by 1.01 per cent in the first quarter of 2015, according to analysis by accountants BDO.

Sir George Mathewson  

The Strathclyde Pension Fund, one of the biggest local authority pension funds in the world, with net assets of more than £13.9 billion, has been exposed for having investments worth £83 million in 11 of the world's 20 biggest arms manufacturers.

Blair Stewart A single Edinburgh estate agent office sold 14 properties worth £330,000 or more over in just three weeks last month as well-off Scottish homebuyers raced to beat the deadline for the new property tax.