News

RBS-owner NatWest has been criticised for paying its new chief executive, Paul Thwaite, a salary of £1.2 million despite his "limited experience" as a lead executive. Advisory firm Institutional Shareholder Services (ISS) warned that Mr Thwaite's salary would be the same as that of his predece

Scotland has experienced a continued deterioration in permanent staff placements during March, according to the latest Royal Bank of Scotland Report on Jobs survey. The survey, compiled by S&P Global, shows that while the rate of decline eased from the previous month, the number of people placed

Investment in Scotland’s commercial property market has experienced a notable rebound during Q1, as inflation comes under control and a cut to interest rates looks more likely, according to analysis from Knight Frank.

The Financial Reporting Council (FRC) has fined Grant Thornton UK LLP £40,000 for failing to comply with auditing frameworks for a local authority's pension fund.

AAB has been shortlisted for the Best Private Client Tax Practice award, in the coveted UK-wide Tolley’s Taxation Awards 2024. The group’s private client team are set to attend the glittering awards dinner in London on 16 May. The Awards celebrate exceptional achievements, unwavering com

Global financial services firm Ebury has announced that it is increasing its investment in Scotland with a series of strategic moves aimed at boosting their Scottish operations. Nicholas Blurton has been appointed key account director for Scotland to drive Ebury's growth in the Scottish market. He j

In a move that could spark a potential investor backlash, adviser Glass Lewis has urged Abrdn's shareholders to vote against the asset manager's pay report, with the main focus being the salary of the incoming chief financial officer, Jason Windsor. Glass Lewis pointed out that Mr Windsor's base sal

Scottish footfall decreased by 0.9% in March, a significant improvement from the 3.2% drop recorded in February, according to data analysed by the Scottish Retail Consortium and Sensormatic Solutions.

Law firm CMS, Scottish Financial Enterprise (SFE), and pension experts Hymans Robertson, have joined forces to host an event exploring the growing focus on ESG within pensions policy. The seminar, taking place on 23 April in Edinburgh, will delve into how pension fund assets can be utilised for long

Scotland's inaugural tech week has been announced for next month, and is set to welcome entrepreneurs and innovators to Glasgow, showcasing the thriving tech, digital and creative industries within the city and facilitate discussions on how to grow the ecosystem to support jobs and economic growth.

The mayor of a small Italian island is offering free goats to anyone who can remove them from the island. Alicudi, a tiny island off the coast of Sicily, is said to be overrun by wild goats — with around 600 goats to 100 human residents, CNN reports.

Greenock credit union Tail O’ The Bank (TOTB CU) has completed a successful merger with Right Way Credit Union, a well-established community credit union based in Renfrewshire. The move comes after TOTB CU board of directors and members approved the changes in September 2023.

A Scottish wealth management firm has won two prestigious awards at the Professional Advisor Awards, cementing its position in the industry. The firm, Tweed Wealth Management, was named the Best Financial Advice Firm in Scotland and Northern Ireland, as well as the Best Financial Advice Fi

The start of the 2024/25 tax year tomorrow will mean further income tax divergence for Scottish taxpayers, however UK-wide National Insurance changes will mean an increase in the take home pay of Scots earning up to £112,900 compared with the tax year about to end, the Chartered Institute of

The Edinburgh office market is experiencing a surge in rents for high-quality space, driven by a lack of available prime Grade A accommodation, according to property consultancy Cushman & Wakefield. The market delivered solid take-up in Q1 2024 totalling 209,000 sq ft. The letting of 103,000 sq