News

An Aberdeen based financial services company has been recognised for its outstanding customer service, gaining one of the UK’s highest profile awards. Phil Anderson Financial Services Ltd, which has offices in Aberdeen, Ellon and Caithness, has been named the winner of the Best Customer Service ca

A new Scottish Cabinet Secretary for Business should be charged with putting the welfare of local economies at the top of the next Scottish Government’s agenda, according to the Federation of Small Businesses (FSB). Launching their Scottish Parliament 2016 manifesto, the 19,000 strong membership b

A clutch of fund management heavyweights including former head of acquisitions for Aberdeen Asset Management, Hugh Little, and hedge fund manager Crispin Odey, founder of Odey Asset Management, have backed a multi-million buyout of law firm Turcan Connell’s asset management arm. Douglas Connell

Angus Deaton A Scottish economist Angus Deaton has won the Nobel memorial prize in economic sciences.

Tim Whewall BBC Radio 4's File on Four programme has investigated a "mind-bogglingly" complex financial scam which has seen Europe's poorest country robbed of $1 billion – with the trail leading to an ex-council flat in Edinburgh and fraudsters who have availed themselves of the Scottish Limited P

Jennifer Young Scottish law firm Ledingham Chalmers has increased group turnover to £12.5 million, exceeding 2014’s record turnover by 0.76 per cent.

The UK Government has forced Russian oligarch Mikhail Fridman to sell twelve North Sea gas fields after it was deemed not in UK interests to have the fields at risk of sanctions against Russians. Ineos, the chemicals giant that controls Grangemouth refinery and petro-chemicals plant, has taken them

Edinburgh-based Royal Bank of Scotland is closing in on a deal to buy more than £13 billion of Government-backed mortgages, according to reports. The bank, which is still 73 per cent owned by the UK taxpayer, is contending with US hedge fund Cerberus and TSB-owner Sabadell to seal the deal, accordi

Rebecca Christensen Love from Indie Street, Scotland’s first independent multi-store gift voucher business has announced that it has doubled the number of stores on board from 40 to 80 as it prepares to expand the unique business concept to cities across the UK.

Peter Muir The Scottish Government must act on the responses to its consultation on the business rates valuation appeals system or lose investment to England and Wales, according to the Scottish Business Ratepayers Group (SBRG).

The number of homes sold in east central Scotland has risen by 11.1 per cent annually, while the number of new homes brought to market decreased by 2.4 per cent, according to the latest analysis from estate agents ESPC. These figures, from the period of July to September 2015, indicate that demand i

A think tank has called on the SNP to “set an example to the rest of the UK” by trying to curb excessive pay packets of executives at companies based in Scotland. According to the High Pay Centre's research, 35 executives at some of Scotland’s biggest companies took home £55 million between t

UK companies are invoicing their customers and receiving payment faster than at any time since the aftermath of the financial crisis, according to a review of UK working capital performance published by PwC. But further improvements could still be made – according to the report, Scottish firms hav

Businesses expect growth to continue into 2016 as business optimism increased for the first time in over six months, according to the latest Business Trends Report by accountants BDO. BDO’s Optimism Index increased to 102.2 from 101.9 this month, the first uptick in confidence since February this

Private sector activity in Scotland declined for the first time in six months during September, albeit at a slow pace. According to the latest Bank of Scotland purchasing managers' index, the contraction was broad-based, as both the service and manufacturing sectors registered decreases in output.