February 2016

IoD fears BoE ‘stoking debt-fuelled bubbles’

The Institute of Directors has repeated its warnings about “ultra-accommodative monetary policy” after the monetary policy committee of the Bank of England, the UK’s central bank,…



Clydesdale could quickly be involved in deal

Newly independent Clydesdale and Yorkshire Bank (CYBG) might quickly become involved in consolidation deals in the banking sector. “Like others out there, we would be viewed…


Stagecoach, FirstGroup fight for South Western

Perth-based Stagecoach and Aberdeen-based FirstGroup have been shortlisted to compete for the next South Western rail franchise in June 2017. Stagecoach has operated the network under…


Equator takes control of 999 Design Group

Glasgow-based digital marketing agency Equator has acquired a controlling interest in Glasgow and London brand agency 999 Design Group as part of a “major growth strategy.” 999…


Graham’s Dairy in exclusive Starbucks deal

Bridge of Allan-based Graham’s The Family Dairy has signed a deal to exclusively supply milk and whipping cream to all of Starbucks’ 68 stores in Scotland. “Starbucks share our…





Rural land prices fall in Scotland

Scottish rural land prices fell in the second half of 2015 as low prices for crops and commodities took their toll, according a survey by the Royal Institution…





Clydesdale IPO delayed amid rating drama

National Australia Bank (NAB) said the IPO of its Clydesdale and Yorkshire Bank (CYBG) — which had been planned to go ahead Tuesday — has been delayed…



Scottish Friendly in record sales of £25.5m

Glasgow-based Scottish Friendly, Scotland’s largest financial mutual, said it achieved record-breaking sales in 2015 of £25.5 million compared to £21.6 million in 2014. The 18% increase was driven by sales…


Bowleven scraps Tanzania gas deals

Edinburgh-based Bowleven, the Africa focused oil and gas exploration firm, said it will not pursue the proposed acquisition of stakes in gas projects in Tanzania from Aminex. Bowleven…



RBS shortlist to appear on new £10 note

Royal Bank of Scotland said that physicist James Clerk Maxwell, scientist Mary Somerville and civil engineer Thomas Telford have been shortlisted to appear on its new polymer…


Richards to leave Aberdeen to be M&G CEO

Aberdeen Asset Management said its chief investment officer Anne Richards (pictured) will leave the company later this year to become chief executive of M&G Investments, the UK and…