News

Aberdeen Asset Management is cutting the fees on three of its funds, just as reports surface that the firm could be relegated from the FTSE 100 this month after seeing its market value more than halve since the shares peaked at 507p last April. They closed down 0.5p at 241.4p yesterday, valuing the

Greater help is to be offered to small and medium-sized businesses in Scotland, with plans to expand the Scottish Investment Bank (SIB). The move follows the Scottish Government’s Programme for Government commitment to create a Business Development Bank (BDB) to address the gaps in the market for

Two of Scotland's sporting legends, Sir Chris Hoy and Andy Murray, have shown that they are no slouches when it comes to matters financial. Olympic hero Sir Chris Hoy saw his company take in more than £1 million last year. The latest figures show the retired cyclist is still capitalising on his spe

The Scottish Government is to invest up to £63.8 million in Dundee’s Waterfront after deputy first minister John Swinney agreed a Growth Accelerator model (GA) with the local authority.

Donald Barlow Wealth management firm, Anderson Strathern Asset Management, has announced the appointment of Donald Barlow to its investment team.

The Scottish Government has announced measures to accelerate housebuilding via two new funds totalling £75 million.

Increased turnover and profits at Aberdeenshire-based ice cream maker Mackies will see staff bonuses of 10 per cent paid to the firm's 66 employees. The company, which has 20 per cent of the Scottish ice cream market, highlighted new sales in Taiwan and growth in business with Costco in South Korea

Scotland first ‘hub by Premier Inn’ on Edinburgh’s Royal Mile -Phil Wilkinson Budget hotel chain Premier Inn has invested £35 million into Edinburgh with three new hotels and ongoing refurbishments and extensions, bringing 150 jobs and 10 apprenticeships to the city.

Carolyn Fairburn Edinburgh-based Standard Life has warned that the prospect of higher income tax, imposed by Holyrood, poses an increasing risk to its business.

Glasgow law firms Hill Brown and Miller Samuel are joining forces to create one of the city’s largest independent practices. The merger is the latest in a long series of mergers and takeovers since the crash of 2008 and reflects the continuing restructuring of the Scottish legal sector.

Scottish Enterprise and the Scottish Investment Bank have backed a plan to bring the first brewery to Dundee in nearly 50 years. Along with private investment, a total of £650,000 has been provided to Duncan Alexander and Mark Griffiths, the brains behind 71 Brewing, in order to convert an industri

The agreement between the Scottish and UK Governments on the financial arrangements to underpin the Scotland Bill has been published. The fiscal framework agreement confirms:

Scottish local authorities will receive a total funding package of £10.3 billion in 2016-17 as council tax will be frozen for the ninth consecutive year, deputy first minister John Swinney confirmed yesterday. The settlement includes over £26 million for Discretionary Housing Payments, part of the

Still 73 per cent state-owned, bailed-out Royal Bank of Scotland has reported a near £2 billion loss for 2015. The results meant an eighth consecutive year of annual losses for the Edinburgh-based lender.

Scott Baxter and Phil Anderson A north-east financial services firm is pledging its support to a local charity, to help fund key projects for those affected by homelessness in Aberdeen and the surrounding area.