News

Oil giant Petrofac - which employs 1,900 people in the UK, including hundreds in Scotland – is to shed up to 160 jobs. The company said it was integrating its services into a single business to ensure it remained "competitive and sustainable against a challenging industry backdrop".

Grant Allan, Economics The Scottish economy slowed down towards the end of 2015, according to new figures from the Fraser of Allander Institute (FAI) at the University of Strathclyde.

Andrew Roberts Royal Bank of Scotland’s credit chief has issued a warning to clients to expect a “cataclysmic year” ahead and urged them to “sell everything” as the “exit doors are small”.

A new report outlining possible new tax breaks for the embattled oil and gas industry and their likely impact are set to be published this week. The research coincides with speculation of a positive announcement for the offshore sector in the next Budget.

Qualified members of the Chartered Institute of Management Accountants in Scotland earned an average basic salary of £55,720 last year. A survey by the professional body found that the average haul north of the border was more than double the UK national average salary of £27,200.

A combination of increasing house prices, higher successful bidding prices and reduced selling times has led to 2015 ending on a positive note for the west of Scotland property market, according to the Glasgow Solicitors Property Centre (GSPC). The largest estate agency network in west central Scotl

Consumers in Scotland are enjoying their best start to the year since the financial crisis and are contributing to an upbeat business outlook despite increasingly depressed global economic concerns, according to the latest Business Trends Report by accountants BDO. BDO’s employment index, which in

Aberdeen Asset Management has completed the acquisition of the commercial element forming Liverpool's Albert Dock development from Albert Dock Company, a subsidiary of Arrowcroft in a £42.75 million deal representing a net initial yield of approximately 5.6 per cent. The investment totals over 400,

James Anderson James Anderson, co-manager of Baillie Gifford’s flagship £3.3 billion Scottish Mortgage Trust, has warned that sixty-nine of the world’s 100 biggest stock market companies “face doom in the next 10 years” as a result of the convulsions racking the energy, healthcare, transpor

Scotland’s private sector has returned to expansion territory driven by a slight increase in new business, according to the Bank of Scotland’s Survey data for December. However, the rate of growth was only marginal and staffing numbers contracted during the last month of 2015 for the first time

Wind generated enough power to supply the electrical needs of 97 per cent of Scottish households during 2015, new figures published today have revealed.

The Newsquest-owned Herald and Times Newspaper Group has announced that it is to shed up to 25 editorial jobs. The move marks the fourth round of redundancies at the group in just over a year.

New car sales in Scotland hit the skids last year after the global slowdown in the oil and gas sector limited spending, according to latest industry data. Registration numbers declined by nearly 0.5 per cent to 220,554, while the rest of the UK enjoyed a record year.

Stephen Ford Brewin Dolphin has announced that its head of investment management is stepping down after 15 years with the wealth management firm

152 West Regent Street External Bilfinger GVA has sold a substantial corner office building in Glasgow's West Regent Street to Redpath Bruce for an undisclosed sum believed to be in the region of £750,000.