RBS income falls £596m on road to rehab
Royal Bank of Scotland (RBS) said it made a third quarter operating loss of £134 million, down from a profit of £1.1 billion in the same…
October 2015
Firms lured to £1bn Dundee Waterfront plan
A growing number of international and UK-based investors and developers are showing interest in the £1 billion Dundee Waterfront regeneration project that will transform 240 acres…
Wood Group wins multi-million dollar BP deal
Aberdeen-based oil and gas services giant Wood Group has won a multi-million dollar contract to provide engineering services to BP in the Gulf of Mexico, UK…
£2.4bn inflows at Stan Life as assets hit £302bn
Edinburgh-based investment giant Standard Life said it enjoyed net inflows of £2.4 billion ($3.6 billion) in the third quarter — well ahead of analysts’ expectations….
Statoil delays start of massive Mariner field
Statoil said on Wednesday it will delay the start up of the $7 billion Mariner field in the North Sea — the biggest field development…
Food, drink exports to France reach 1bn Euros
French love of Scottish whisky and seafood has helped Scots food and drink exports to France to increase by more than 50 per cent since 2007…
Lloyds chairman causes EU stir
The chairman of Lloyds Banking Group — which includes Halifax Bank of Scotland and Scottish Widows — has caused a stir by arguing there was no…
Scot wins Nobel Prize for economics
Scottish-born Angus Deaton, a professor at Princeton University in New Jersey, has been awarded the Nobel Prize for economics “for his analysis of consumption, poverty,…
CEO Godfrey leaves Investment Association
The Investment Association (IA) — the powerful trade group for the Scottish and UK fund management industry — said Daniel Godfrey is leaving his role as its chief executive,…
Arnold Clark turnover hits record £3.3bn
Glasgow-based Arnold Clark Automobiles, Scotland’s biggest privately-owned company, said its turnover rose almost 12% to a record £3.3 billion in 2014. “It is very fitting that…
Scotch giant Diageo hires new CFO from Xerox
Scotch whisky giant Diageo, the world’s biggest spirits maker, said Kathryn Mikells (pictured) will become its chief financial officer on November 9. Mikells succeeds Deirdre Mahlan, who is returning to…
Watson succeeds Keiller as Wood Group CEO
Aberdeen-based global oil services giant Wood Group said its chief operating officer Robin Watson would succeed veteran Bob Keiller as chief executive officer on January 1….
UK Govt. to sell remaining stake in Lloyds
The UK government is planning to sell its remaining 12% stake in Lloyds Banking Group, owner of Halifax Bank of Scotland and Scottish Widows, in…