News

Property consultancy CBRE has today published its ‘Law in the Regions’ report, revealing the emergence of a two-tiered hierarchy of UK legal cities outside of London. The new report delivers a comprehensive overview of the legal sector in regions throughout the UK, providing both real estate str

Hannah Christiansen The Aberdeen property market continues to show encouraging signs of activity, according to latest figures released by independent property consultancy, CKD Galbraith.

Edinburgh-based Dunedin has bought an £80m stake in fellow private equity house Alpha, consultants to top financial services firms including Axa and Barclays Wealth. The company was sold by mid-market rival Baird, which had bought a majority stake in Alpha for £28m in 2013.

Westminster’s decision to scrap the post-study work visa in 2012 has cost the Scottish economy £250m over three years, according to higher education body Universities Scotland. The organisation said that an extra 5,400 international students would have lived in Scotland if the visa system, which

John Swinney The Scottish Government will publish all the key papers on the Fiscal Framework before the end of the parliamentary term, Deputy First Minister John Swinney has announced.

Andrew Burns The City of Edinburgh Council is on target to meet its planned savings of £49 million for the current financial year after making “considerable progress” in addressing its financial challenges.

Scottish Government business minister Fergus Ewing The Oil & Gas Industry Leadership Group (O&G ILG) has published a refreshed oil and gas strategy for 2016-20.

Fraser Gillies Wright, Johnston & Mackenzie LLP has played a leading role in the development of two Scottish onshore wind farms which recently secured £76 million in financing.

George Kerevan An SNP MP has said the Bank of England should be renamed to reflect its status as a UK-wide institution, the Sunday Post reports.

Stephen Hester Stephen Hester, former CEO of the RBS Group, is set to receive a further £500,000 payout from the bank he left two years ago, This is Money reports.

Alasdair Gardner. regional managing director at the Bank of Scotland The Scottish private sector remained in growth territory during the first month of 2016, according to the Bank of Scotland's Purchase Managers Index (PMI).

Ratings agency Moody’s has said that it considers an indemnity of £1.7 billion provided to Clydesdale Bank by former parent firm National Australia Bank prior to this week’s demerger of the two businesses as more-than-adequate for a bank the size of the Glasgow-based lender. The ratings agency,

Edinburgh-based Royal Bank of Scotland has scrapped a sale process for its onshore Indian banking operations. The still 73 per cent state-owned, bailed-out bank said it had “concluded that it is not feasible to sell the business in its entirety”.

Two fifths of Scottish non-homeowners do not believe they will ever be able to buy their own house, Bank of Scotland’s latest How Scotland Lives research has found. Just over a quarter (26 per cent) believe this to be a normal situation to be in, while 14 per cent are concerned about the prospect

RSM, which has offices in Aberdeen, Edinburgh, Glasgow, Grangemouth and Lerwick, has announced a six per cent increase in global fee income, moving the brand up one place to become the sixth largest global network of independent audit, tax and consulting firms. Fee income for RSM’s international n