News

The Government-backed National Savings and Investments (NS&I) is to reduce the rate paid on its Direct ISA from 1.5 per cent to 1.25 per cent in a move that will affect about 400,000 savers UK-wide. The move will be a blow to Scottish savers and likely exert additional pressure on many elderly p

Annabelle Ewing Latest figures released by Eurostat covering the period April to June 2015 show that Scotland’s female employment rate is second only to Sweden, with less than four percentage points separating the countries.

All Scottish businesses should look at the dramatic changes in retail and media to understand how digital technology could transform their industries, according to the Federation of Small Businesses (FSB). Publishing a new study, FSB is urging Scottish firms to use technology to unlock markets, deve

Mark McCluskey Scottish companies may face serious tax and accounting implications for their businesses if they do not act immediately to implement the new FRS102 accounting standard, according to accountants BDO LLP.

Cat MacLean In a major development in swaps litigation, an explosive judgement issued on Friday 13th November by a English High Court judge has held that there is “ample support for an inference of fraud and dishonesty at the highest level of RBS”.

George Clarke The potential value of Scotland’s empty homes is more than £4 billion, according to the organisation tasked with bringing them back into use.

David Duffy The new boss of Clydesdale Bank was paid more than £1.3million in his first four months in the job.

Joe Garner Britain’s second largest mortgage lender Nationwide has appointed current boss of BT's Openreach unit, Joe Garner, as its new chief executive.

David Beattie Glasgow football club Partick Thistle has announced that it is "now debt free" following a financial restructure and new cash injection.

October saw footfall numbers in Scotland down 0.6 per cent year-on-year but better than the 0.8 per cent decline recorded in September, according to latest figures. The data from the Scottish Retail Consortium and Springboard also showed that the vacancy rate in Scotland was 8.7 per cent, a sharp fa

Alan Brown A star-studded event graced by George Clooney has seen CALA Homes named Scotland’s large business of the year.

Derek Mair Aberdeen accountancy firm Hall Morrice is urging young people not to delay retirement plans.

Aberdeen Asset Management is set to reveal job cuts to reduce costs in the face of emerging markets pressures. The firm is expected to announce job cuts at the end of the month but says investment roles will be spared.

Premium single malt Scotch whisky exports to the US have soared by 60 per cent between 2004 and 2014. The most popular single malt Stateside is 12-year-old Glenlivet, with 2.4 million litres exported last year, followed by 12-year-old Macallan (1.4m litres) and 15-year-old Glenlivet (1m litres).