News

Andy Hornby The long-awaited PRA/FCA report into the failure of HBOS has suggested that up to 10 former executives of the lender that had to be bailed out by the UK taxpayer at a cost of £25 billion at the height of the financial crisis should be banned from working in the City.

The Financial Conduct Authority (FCA) has set out the areas it will focus on in its market study into competition in the asset management industry. Over the next year the FCA will assess “how asset managers compete to deliver value”; “whether asset managers are motivated and able to control co

Richard Higgs A new survey has revealed that 80,000 Scots (one in 25) now work in the technology industry, with more than 1,000 works places in the sector.

Matt McGrath Matt McGrath, the young student who won a competition with his ground-breaking reinvention of a medical device used in every major surgical operation has finally sold the business he founded 14 years ago for a staggering £72 million.

Malcom Buchanan Royal Bank of Scotland has appointed a new head of its operations in Scotland.

Tessa Till Tessa Till is a private client partner at Pagan Osborne's Edinburgh office.

UK businesses want greater investment in superfast broadband, a cut in tax red tape and have concerns about the Apprenticeship Levy, according to accountancy firm BDO’s pre-Autumn Statement survey. The survey asked over 900 businesses what they would like to see in the Chancellor’s Autumn Statem

Union Street, Aberdeen. The downturn in the North Sea energy industry has hit Aberdeen’s hotel sector for another month, according to latest data.

Roseanna Cunningham After it was revealed this week that the number of women in work in Scotland is now at record levels, it has now also emerged that the gender pay gap has fallen faster north of the border than it has in the rest of the UK, according to new figures.

Fergus Ewing Small to medium enterprises (SMEs) in Scotland are being urged to put resource efficiency at the top of their agendas with a supporting loan of up to £100,000.

Stephen Robertson Data Conversion Systems, a Cambridge-based pioneer in consumer digital audio equipment, has taken the top place in Britain's first ever Intellectual Property (IP) league table, compiled by Metis Partners.

Food bank use in Scotland has increased to record levels, with more than 60,000 referrals over a six-month period, according to the Trussell Trust which said on average people needed 1.7 referrals, suggesting 35,000 individuals received help. From April to September its food banks gave out 60,458 th

John Swinney Scotland’s first conference focused on social finance will be held at Edinburgh’s Roxburghe Hotel today, with delegates discussing how money can be better used by the country’s third sector to create a fairer society and to benefit people and our environment.

Scotland’s high street stores have reported a disappointing October, according to figures from the Scottish Retail Consortium (SRC). While total sales across the UK were up by 0.9 per cent on the previous year, figures for Scotland showed a drop of 2.4 per cent.

Livingston-based gas meter supplier Energy Assets has expanded its funding facility with Royal Bank of Scotland by £10 million. The Edinburgh-based lender's asset finance division Lombard is now making the total amount of funds available to Energy Assets £70m.