News

Chris Marks Royal Bank of Scotland (RBS) has set out plans to cut costs in its corporate and institutional banking (CIB) business by about £2bn over the next three years as part of a wider strategy to reduce the size of the division.

Edinburgh-based insurer Aegon UK is eyeing an online expansion having more than doubled assets on its digital platform this year already. The Dutch firm, which employs 2,000 staff at Edinburgh Park and another 400 throughout the UK, believes it has identified a gap in the market and described the lo

Scotland's poorest people are more likely to be victims of crime while the clear-up rates of police have not helped the worst hit areas of the country according to two new studies. The University of Edinburgh studies suggest the criminal justice system in Scotland inadvertently punishes the poor and

A £50,000 competition has been launched to inspire Scotland’s creative businesses to collaborate and grow. Launched by Scottish Enterprise (SE), in partnership with Creative Scotland, Cultural Enterprise Office, Interactive Scotland and Highlands and Islands Enterprise (HIE), and delivered by Co-

HMRC is to consolidate its UK network of offices in a move which could see more than 2,000 jobs lost in Scotland. More than 8,000 people are currently employed at the agency's 18 Scottish offices, including major centres in Dundee, Cumbernauld and East Kilbride.

Aberdeen Asset Management Charitable Foundation has selected ChildHope as its fourth emerging markets charity partner. The Foundation has made a three year commitment, with an initial six-figure donation, to ChildHope.

James Crosby A long-awaited investigation into the collapse of HBOS in 2008, which is due to be published next week, is expected to question the regulator’s decision to only investigate one executive over the affair.

The Greater Manchester Loan Fund, managed by Scottish investment firm Maven Capital Partners, has invested in Salford-based e-Safe Systems Limited, a specialist software and service provider focused on safeguarding and the monitoring of risk across the UK educational sector. Through the use of sophi

A wealthy student at Stirling University had his Maserati confiscated yesterday after he was caught drink-driving for the second time. Chenao Li, who is studying English at the University and is believed to come from a “prosperous” Chinese family had his car confiscated by Sheriff Gillian Wade Q

Graham Hunter The Glasgow-based football publishing company responsible for the autobiography of football icon Andrea Pirlo has raised more than £30,000 through a crowdfunding drive to help maintain and improve a popular football podcast.

Lloyd Davies Lloyd Davies, is a financial adviser at Aberdeen-based Central Investment

The Fife Taskforce, set up in the wake of mass redundancies at the Tullis Russell paper processing plant in Glenrothes, has supported 288 of the 446 workers into re-employment. Taskforce figures released this week showthe results after the entire redundant workforce was assisted with a package of ed

Edinburgh-based R&D tax credit specialist, Jumpstart, has welcomed new moves by HMRC to simplify and improve access to research and development (R&D) tax relief for small businesses. The company has been at the forefront of raising awareness of the vital government scheme and the beneficial

Amanda McMillan Scotland’s busiest airports have continued their record growth, according to latest figures.

Fergus Ewing Scottish Government Business Minister, Fergus Ewing MSP, has hailed the contribution that Scottish Insolvency Practitioners (IPs) make to the Scottish economy in a keynote address to the ICAS Insolvency and Restructuring Conference.