News

The Board of Dundee-based wealth manager Alliance Trust has today written to shareholders to outline significant changes to the business that it believes will "enhance shareholder value" after months of poor performance and agitation by activist shareholders. In its statement, the trust says it is t

Peter Morrison Two directors at Edinburgh architecture firm RMJM have been found guilty in a Hong Kong court of failing to pay staff wages.

Edinburgh-based accountants Chiene + Tait have urged Scottish property businesses to make sure their lending arrangements are fully up to speed with recent changes to the financial reporting framework, which governs the basis of how companies prepare their accounts. A Chiene + Tait spokesperson said

Scottish accountancy practice French Duncan has rebranded its wealth management arm from French Duncan Financial Services Ltd to French Duncan Wealth Management to "better reflect its style of practice and changes in the way that financial services are delivered". Zane Hunter, Managing Director of F

Stuart Lunn Scottish alternative funding firm LendingCrowd has stated that is keen to work with the Scottish Government in helping small high-growth businesses through Holyrood's plans to establish a Scottish Business Development Bank.

New research from PwC has revealed that someone starting work today aged 22 will need to save a total of 15 per cent of their annual salary towards their pension in order to reach their desired retirement income. If they don’t increase their current contribution levels, they could end up with a £

David Nish Vodafone Group has appointed former Standard Life CEO David Nish as a non-executive director.

Ross McEwan, the chief executive of Royal Bank of Scotland has said that tackling costs is to be a “constant goal” for the still 73 per cent state-owned lender. Speaking at the Bank of America Merrill Lynch Banking & Insurance conference in London, Mr McEwan warned that he would not sanction

One in five UK landlords will be out of business in the next two years due to tax break cuts announced by the government, according to a new study. The Annual Landlord Report, produced by Access Legal, found that UK landlords are subject to a £9.9 billion bill every year due to unpaid rent arrears

Steve Eckersley A Scottish firm approved by the UK government as green energy advisers has been handed a record fine from the Information Commissioner’s Office (ICO) for making millions of nuisance telephone calls.

Nicola Sturgeon First Minister Nicola Sturgeon has spoken of how Scotland must move away from the idea that London is a threat to the nation's economy.

Edinburgh-based Standard Life Investments has shown confidence in the prospects for commercial property markets in the UK by lining up is eying the purchase of a £165 million portfolio of assets through its Property Income Trust. The £250m Trust managed by SLI, the investment arm of insurance gian

Charles Counsell Around 90,000 employers across Scotland should already be preparing to take up new pension duties before new laws take effect in January, according to The Pensions Regulator.

The University of Edinburgh generates £2 billion annually for the Scottish economy, according to recent financial figures. An independent financial study for 2013/14 also found that the University – Scotland’s largest – supports more than 30,000 jobs across the country.

Increased social investment by Social Investment Scotland, leading lender to the third sector, has supported the creation of hundreds of new jobs and an increase in trading income by its customers over the past year, according to its annual Social Impact Report. In the report published this week, SI