News

SSE worth £1.47bn to Scottish economy, says PwC report Perth-based energy giant SSE contributes around £1.47 billion to the Scottish economy anually, according to new research carried out by global accountancy firm PwC.

Aileen McLeod Scottish landowners will have to accept "the public responsibilities that come with that ownership" following the introduction of new land reform legislation.

Royal Bank of Scotland, which today holds its annual general meeting in Edinburgh, has stated that it is still on course to meet the end of year deadline for the sell-off of its Williams & Glyn business, as per the - already revised - conditions of its government bailout. The assurances were mad

John Muir The highest paid director at building firm Muir Group got a pay package worth more than £1 million in its most recent financial year.

Ed Legget Edinburgh-based Standard Life Investments’ UK equity manager Ed Legget is to move on, the wealth manager has confirmed.

Glasgow City Council has unveiled a programme of cuts to save £103 million over 2016/17 and 2017/18. The local authority governing Scotland’s largest city will have to trim 7 per cent from its budget in order to tackle “the unprecedented financial challenge of the next two years”.

New research from the Clydesdale Bank has shown that 63 per cent of first time buyers in Scotland are now setting their sights on owning a house rather than a flat. This compares to a UK average of 72 per cent.

John Finnie Comhairle nan Eilean Siarhas agreed to explore the possibility of investing a portion of the pension fund it shares with The Highland Council in building social and affordable housing.

A record 137 ambitious future Scottish business leaders set out on the journey of a lifetime this week as they began the global challenge of The Saltire Foundation's entrepreneurial Scholars programme.

Ewan Alexander Lawyers Pinsent Masons has announced preliminary details of its unaudited financial results for FY14/15 showing that the firm achieved global turnover of £362.2 million, up 12 per cent on FY13/14, while profit per equity partner increased to £538,000.

Highland Spring in £20m expansion Perthshire-based bottled water producer Highland Spring is planning to spend £20m in ramping up production to meet growing demand for bottled water.

Police are investigating after thieves blew open an Aberdeen city centre ATM machine in the early hours of Saturday morning in front of astonished onlookers. Explosives were used to blast the ‘hole-in-the-wall’ out of a wall at the Tesco store.

Brian Wallace Budget hotel chain Travelodge has announced plans for a £100 million expansion of its Scottish business.

Almost 66 per cent of Scottish businesses are putting themselves at risk of missing deadlines, wasting money on outdated commercial agreements, or being forced into expensive litigation because they are not managing their contracts effectively, according to a survey carried out by law firm Brodies L

Michael Matheson The Scottish government is taking an "innovative approach" to tackling more than 230 serious organised crime groups (SOCGs) operating in the country, according to Justice Secretary Michael Matheson.