News

Rail journeys between Scotland and England will undergo a massive transformation, thanks to a significant package of improvements being delivered in a new franchise deal, the UK government announced today. The UK government has announced that it intends to award the TransPennine Express franchise to

Alistair Darling Former Chancellor of the Exchequer and head of the 'Better Together' campaign, Alistair Darling, is to join investment bank Morgan Stanley’s board of directors.

Duncan Bannatyne Scottish businessman and TV personality Duncan Bannatyne provided false evidence during a divorce struggle with his former wife, a judge has said.

Latest data from the British Retail Consortium (BRC) and accountants KPMG have provided bad news for UK retailers after revealing Black Friday sales failed to boost turnover at UK stores during November. Sales in November at stores open for more than a year fell 0.4 per cent from the same month in 2

Scotland’s largest communications agency The BIG Partnership has announced that all of its interns will now be paid the voluntary living wage of £8.25 per hour. The company has also called for the eradication of unpaid internships across the PR, media and marketing industries, which, it says, can

Scotland’s jobs outlook is at its brightest since the third quarter of 2013, but employment confidence still trails the rest of the UK, according to a new study. Recruiter Manpower surveyed 2,102 UK employers, asking whether they intend to hire more workers or reduce the size of their workforce in

Royal Bank of Scotland Group is to prioritise cost cutting at its private client subsidiary Coutts during the first half of next year, Bloomberg has reported. Alongside cost reductions at RBS’s investment bank and its Irish Ulster Bank division, chief executive officer Ross McEwan wants to lower e

UK bankers and market watchers now place fears about cyber crime at the top of a list of 24 possible risks to banks, a view slightly at odds with many countries around the world which rate the economic environment as posing the greatest risk. Banks are seen as prime targets for financial crime, part

Savers with cash accounts will benefit from a new package of measures published today by the Financial Conduct Authority (FCA) designed to improve competition by encouraging easier and quicker switching and improving the information savers receive. From December 2016, firms will have to provide clea

David Duffy Clydesdale Bank announced the appointment of two new members to its senior team as it prepares to become one of the largest independent “challenger” banks in the UK.

Royal Bank of Scotland has signed a series of exclusive agreements with three separate investment partners in a move that the 73 per cent state-owned lender says will provide UK businesses greater access to capital investment. Edinburgh-based RBS has teamed-up with AIG Asset Management, Hermes Inves

The Scottish government’s Land Reform Bill requires strengthening in key areas to deliver on its radical ambitions, according to a report by the Scottish Parliament’s Rural Affairs, Climate Change and Environment committee (RACCE). The committee highlighted a range of issues in its report on the

Lord Keen of Elie QC Disputes under the major UK government services contract can now be resolved in Scotland, the Advocate General for Scotland Lord Keen of Elie QC announced today.

Alasdair Cummings Scots lawyers Lindsays have said it has no intention of merging with an English firm but is nevertheless open to opportunities as the Scottish legal sector continues to consolidate.

Edinburgh-based Aegon has increased its investment in Indian life firm Aegon Religare Life Insurance Company. The move takes the Dutch insurer’s stake from 26 per cent to 49 per cent and follows a recent revision to India's insurance laws enabling foreign companies to own up to 49 per cent of an I