Sabadell’s TSB plans 250 job cuts, 36 branch closures
TSB, the UK banking business of Spain’s Sabadell, is planning 250 job cuts and 36 branch closures. Sabadell has just turned down a takeover offer…
TSB, the UK banking business of Spain’s Sabadell, is planning 250 job cuts and 36 branch closures. Sabadell has just turned down a takeover offer…
BrewDog co-founder and CEO James Watt announced he will step down as chief executive officer and move to a new role as “Captain & Co-Founder”…
The “relentless negativity” about UK-focused equity funds was undiminished in April as outflows totalled £665 million, taking the cumulative withdrawal of capital to £21.3 billion…
Scotland’s Gross Value Added (GVA) is expected to rise by 0.4%, down from previous forecast of 0.7%, but longer-term prospects remain encouraging, according to the…
John Swinney has been elected as Scotland’s First Minister as the governing Scottish National Party attempts to halt its slide in the opinion polls ahead…
Standard Life, part of Phoenix Group, said it has concluded the transition of over £1.6 billion of assets from the Siemens Investor Plan, following a…
2i Testing, the Edinburgh-based quality assurance and software testing consultancy, said it has secured eight-figure funding from London-based private equity firm Rockpool Investments as it aims…
Shares of Macfarlane Group, the Glasgow-based packaging, design and distribution firm, fell as much as 10% after it published an AGM trading update covering 2024…
Savills has reported that Central Scotland continues to see the strongest market activity in UK forestry transactions. However, the total value of the UK forestry investment…
Scotch whisky and drinks giant Diageo plc announced that Nik Jhangiani will join the company as chief financial officer (CFO), taking up the position and joining…
Aberdeen-based ROVOP, a global supplier of remotely operated vehicles (ROV) services to the energy sector, announced that it has been acquired by Louisiana-based Chouest. ROVOP…
The UK Infrastructure Bank (UKIB) has announced a £25 million direct equity investment into Invinity Energy Systems plc, a manufacturer of vanadium flow batteries to…
A new report from the Institute for Government think tank has warned that whoever wins the UK general election should “launch a one-year spending round” within…
Beeks Financial Cloud Group plc, the Glasgow-based cloud computing and connectivity provider for financial markets, has announced a big push in the Asia-Pacific region with the hiring…
KPMG has released its first ever report on the state of the Scottish Economy, predicting “slow but steady growth” over the next two years. The…
Glasgow media firm STV Group plc announced that its CEO Simon Pitts will leave the company on November 1, 2024. STV had revealed in March that…
Aberdeen-based engineering and consulting giant John Wood Group plc has been awarded a new decarbonisation contract by TotalEnergies (TEPUK) to support flare gas recovery in the…
Elgin-based house builder Springfield Properties plc announced that it has signed a new contract worth £10.1 million with Moray Council for the delivery of affordable…
The Scottish National Investment Bank (SNIB) and the UK Infrastructure Bank (UKIB) said they have signed a Memorandum of Understanding (MOU) “that cements their close working…
Financial mutual firm Scottish Friendly said it has appointed John McGuigan as its new chair, as well as announcing two new non-executive directors. McGuigan also…