News

The use of foodbanks in Scotland remains at record levels, figures published by The Trussell Trust have revealed. In the 2014/15 financial year, 133,726 emergency supply packages were given out to people in crisis by The Trussell Trust’s 51 food banks – an increase of 13% on the previous year.

Worker’s union Unite has today claimed that 73 per cent state-owned Royal Bank of Scotland is set to axe up to 600 more jobs throughout its retail business and shut 32 branches. The trade union said the plans will see the bailed-out Edinburgh-based lender, which encompasses the Natwest brand, slas

Martin Jennings Aberdeen Asset Management has announced the appointment of Martin Jennings to the newly created role of head of Aberdeen digital, a distinct division within the firm.

Liz Cameron The Scottish Chambers of Commerce has today claimed that the Scottish economy is currently sitting on “a knife edge between growth and recession” as it revealed data showing a mixed start to the year for businesses north of the border.

Edinburgh-based insurance giant Standard Life has made a formal bid to acquire Axa’s Elevate platform, according to reports. Global financial news outlet Bloomberg said Standard Life is in talks for the business unit as the French insurer seeks to sell off its UK life insurance and wealth investme

Debbie Mayor New research from Grant Thornton's International Business Report (IBR) has revealed business confidence in Scotland remains high, despite Brexit fears and the ongoing oil and gas downturn.

Sarah Speirs Demand for Scottish residential properties grew marginally last month as the number of properties coming on to the market continued to fall, according to the latest Royal Institution of Chartered Surveyors (RICS) Residential Market Survey.

Jeremy Lawson Standard Life Investments, the global asset management arm of Edinburgh-based insurance giant Standard Life, assesses whether the global economy is on course for recession and analyses the current stage of the business cycle.

Increased house prices and shortened selling times have resulted in an encouraging start to the year for the west of Scotland property market, according to the Glasgow Solicitors Property Centre (GSPC). The largest estate agency network in west central Scotland has published its quarterly report for

Bill Aulet Entrepreneurial Scotland’s Annual Conference, set to take place next Thursday at Gleneagles Hotel will see the business membership network assemble a line-up of speakers including Bill Aulet, the international entrepreneur and academic who will share his knowledge, experience and insigh

Edinburgh-based challenger bank Tesco Bank has today announced a 12 per cent rise in annual profits. The lender, which employs most of its 4,000-strong workforce in Edinburgh and Glasgow, said customer lending rose 10.6 per cent in the year to £8.5 billion, “underpinned by double digit growth in

Clydesdale Bank has announced that it is to close nine branches throughout Scotland. The move by the recently floated CYBG will see total of 26 Clydesdale and Yorkshire Bank branches which are lapsed-lease or considered unsustainable close across the UK.

Adrian Grace Edinburgh-based life and pensions group Aegon UK is to offload most of its UK annuity portfolio to specialist insurer Rothesay Life.

Martin Gilbert Martin Gilbert, chief executive and founder of Aberdeen Asset Management has said that despite a recent onslaught of bad news for the firm, “There is a glimmer of hope this year, but no more.”

Graduates from richer family backgrounds earn significantly more after graduation than their poorer counterparts, even after completing the same degrees from the same universities. This is one of many findings in new research published today which looks at the link between earnings and students’