News

Kenneth McEwen Scottish accountancy firm Henderson Loggie has appointed Kenneth McEwen to lead the firm’s specialist property and construction sector group.

Lloyds has won a Supreme Court case brought by a group of its bondholders as their final appeal to overturn the bank’s forced repurchase of their bonds at face value. The victory could save Lloyds Banking Group up to £1bn.

Aberdeen Asset Management is merging two of its bond funds based in Dublin into its Luxembourg-based high yield fund and emerging market debt vehicles. The move will see Aberdeen’s £41.5m Aberdeen Select Global Sovereign Bond fund merged into the $1.5bn Global Select Emerging Markets Bond fund as

Standard Life Investments, has launched an American Equity Income OEIC to UK-based retail investors. The Edinburgh-based global investment manager said the fund expands its suite of geographical income solutions it offers which includes UK, European, Global Emerging Markets & Global offerings.

Tim Sawyer Almost 2,000 Scots have started a new business since 2014, with three out of four of the new entrepreneurs previously being unemployed.

Lord Doherty A Scottish council has won a £3 million legal dispute with an insurance firm over the collapse of the Scottish Coal Company.

Standard Life Investments has sold the Grosvenor Building in Glasgow to UBS Asset Management's global real estate business for £18 million. The A-listed building in Gordon Street in the city centre represents a current rental yield of 6.9 per cent for Global Real Estate (GRE) and vacant space on th

Chris Horne Independent accountancy firm Campbell Dallas scooped the top three awards at the prestigious annual Scottish Accountancy & Finance Awards 2016 held last night.

Latest data released by The Student Loans Company has revealed student debt in Scotland is rising faster than anywhere else in the UK. The statistics show that while Scotland continues to have the lowest student debt in the whole of the UK by a significant margin, it is steadily increasing.

Rain Newton-Smith The first quarter of 2016 has seen optimism fall for the first time in over three years among financial services firms as a result of financial market instability and uncertainty of the global economic environment, according to the Confederation of British Industry (CBI) and PwC.

Standard Life moved its company pension fund heavily into bonds last year, recording the biggest switch of any FTSE-100 company. New research by JLT Employee Benefits shows the average bond allocation rose to 61 per cent in the year to 31 December 2015, which is equivalent to around £20bn.

Edinburgh-based Scottish Widows has secured a £630 million pensioner buy-in deal for the ICI Pension Fund. The transaction marks the largest ever external bulk annuity transaction to date for the life insurance arm of Lloyds Banking Group and covers more than 4,000 of the fund’s pensioner members

ICAS has announced a new partnership with specialist financial services group Close Brothers Asset Finance. The new five-year partnership agreement builds on the current relationship the specialist financial services group has with ICAS.

House sales in Scotland have seen a significant boost thanks to a new property tax, with first time buyers among the beneficiaries. The Land and Buildings Transaction Tax (LBTT), introduced earlier this year to help first time buyers get a foothold on the property ladder, has led to an 11 per cent b

New data from the Bank of America Merrill Lynch has shown that the world's investors are currently sitting on the biggest “mountain of cash” since November 2001 as they hold fast in the face of Brexit fears and uncertainties around US rates and the Chinese economy. The bank said that fund manage