News

Lloyds Banking Group is poised to confirm details of another 1,000 job cuts as part of its drive to slash costs. The news come as Aberdeen politicians hit out at plans to shut two of the city’s Bank of Scotland branches controlled by still partly state-owned Lloyds.

Union Street, Aberdeen. Representatives from the world of business, academia and culture came together this week at the Aberdeen Economic Summit to discuss how the City Region could shape its economic future.

Karin Forseke Dundee-based Alliance Trust has announced that chair, Karin Forseke, will step down from its board on New Year’s Day.

The Bank of Scotland has provided a £130,000 finance package to a family-run hotel, pub and restaurant business based in the picturesque village of Balmaha on the banks of Loch Lomond.

Donald McNaught picks up the award for Restructuring Project of the Year with MC Rufus Hound. Scottish accountancy and business advisory firm Johnston Carmichael, has picked up two awards at the British Accountancy Awards 2015.

North Sea oil and gas contractors are considering fresh job cuts and alternative ways of generating revenue after a slump in confidence, according to a survey conducted by Aberdeen and Grampian Chamber of Commerce. The chamber’s 23rd Oil and Gas Survey, carried out in partnership with Strathclyde

Luke Davis Senior financial services leaders say the key to staff retention in a tight jobs market will be a rewarding career path rather than increased salaries or bonuses, according to new research1 from leading recruitment specialist Robert Half Financial Services.

Martin Bell Property investors have been hit by a hat-trick of measures in this year’s Autumn Statement, according to accountancy firm, BDO.

Susannah Simpson Chancellor George Osborne's announcement this week that most self- employed people, including landlords, would be required to update their tax information at least quarterly using their digital tax account has been met with a mixed response.

The Financial Conduct Authority (FCA) has today hit Barclays Bank with a record fine of more than £72 million for failing to minimise the risk that it may be used to facilitate financial crime. The failings relate to a £1.88 billion pound transaction that Barclays arranged and executed in 2011 and

John Swinney The Scottish Government will see a real terms reduction of almost 6 per cent in the funding for day-to -day public services over the next four years, Scotland’s Deputy First Minister John Swinney has said.

David RitchieFfie-based shopfitting and interiors group Europa has announced plans to make 50 workers redundant at its Fife headquarters over the next month.

Ross Gardner with David Rennie at Stronachs’ Aberdeen HQ Stronachs LLP has strengthened its corporate team with the appointment of Ross Gardner as partner.

The number of first-time buyer loans in Scotland rose 4 per cent up on the previous quarter and 16 per cent up on Q3 2014, according to latest figures from the Council for Mortgage Lenders. First-time buyers totalling 8,500 in the period borrowed £920 million - up 2 per cent on the previous quarter

Bill Duguid Property consultant Ryden has posted £12.5m turnover and profits of £5.48m for the year ended April 30, representing an 18% increase in fees and a 49 per cent increase in profits over the last three years.