News

The owner of Edinburgh’s Ocean Terminal shopping centre has announced plans for a £6 million redevelopment the site with a scheme that will “include the introduction of new uses including residential and hotel development”.

Phil Anderson A north-east accountants Phil Anderson Financial Services (PAFS) has pledged to boost the pay of its staff after announcing its support for the growing “living wage” campaign.

The increasingly fraught struggle over the future of Alliance Trust’s board has taken a fresh twist after influential corporate governance watchdog Pirc gave its backing to the US hedge fund attempting to install a trio of new directors at the Dundee-based investment house. The intervention is a b

Liz Cameron The Scottish Chambers of Commerce has reported a hesitant start to the year but remains optimistic for the rest of 2015.

Latest data from the Office for National Statistics has shown the UK's inflation rate remained at a record low of 0 per cent in March. The official figures show cheaper clothing and footwear, offset by a rise in petrol prices, helped to maintain the rate at 0 per cent for a second month.

David McCorquodale Latest retail data has shown a rise in shopper numbers last month prompted by the early Easter holiday.

Men working in accountancy, banking and the energy sector expect salaries which are almost a third more than their female counterparts, according to a new report. Also revealed was that the average working woman expects to earn 20 per cent less than a man in the same job as her.

More than half of Scots say they cannot break free from an ex-partner because they have joint finances, according to research by Debt Advisory Centre Scotland. The debt advice and solutions provider’s data showed that one of the most difficult things to resolve following relationship break down is

Georgina Philippou The Financial Conduct Authority (FCA) has fined Glasgow-based Clydesdale Bank £20,678,300 for serious failings in its Payment Protection Insurance (PPI) complaint handling processes between May 2011 and July 2013.

Amanda McMillan The number of people travelling from Glasgow and Edinburgh airports showed a large increase in March while Aberdeen has suffered a second consecutive month of falling passenger numbers, according to latest data.

Katherine Garret-Cox Dundee-based investor Alliance Trust has announced the appointment of headhunters to find a new non-executive board member as it aims to head off the challenge of activist investor Elliott Advisors ahead of this month’s crunch AGM.

Edinburgh insurance giant Standard Life has reported receiving an unprecedented level of inquiries from customers since the dramatic shake-up of pensions rules took effect last Monday. The Edinburgh-based giant has received more than 3,000 phone calls from people who want to understand how the refor

Katherine Garrett-Cox, the under-fire chief executive of Dundee-based Alliance Trust, has restated calls for shareholders to reject the attempt by Elliott Advisors to get three non-executive directors elected to its board ahead of a crunch AGM on 29 April. https://youtu.be/pFjaoDRsFMg

Martin Gill Skyscanner, the Edinburgh-based travel search engine, has hit the top three of the UK’s 100 fastest growing firms over the last three years in a list that also features 10 other Scottish firms.

Begbies Traynor Group has announced the appointments of Thomas McKay as partner in its business rescue and recovery division in Scotland and Simon Watson as partner in the specialist consulting division, which operates under the BTG Financial Consulting brand. New partners Simon Watson (left) and Th