Aberdeen Standard Investments voted against the “enormous” remuneration packages for executives at York-based housebuilder Persimmon including a £75 million package for Persimmon CEO Jeff Fairburn at the…
The UK’s gross pension liability across workplace and state provision grew by £1 trillion in five years to hit £7.6 trillion at the end of 2015,…
Glasgow-based Scottish Friendly, Scotland’s largest financial mutual, said Fiona McBain has decided to step down as chief executive after 11 years “to look for new opportunities and…
TV operator Sky said on Friday that Aberdeen Asset Management chief executive Martin Gilbert has been appointed its deputy chairman — and that James Murdoch, son of media…
Edinburgh, London and Manchester-based private bank Hampden Bank, which said recently it broke through £1 billion of client deposits during 2025, has strengthened its business…
The UK’s Royal Academy of Engineering has published the fifth edition of its annual Spotlight on Spinouts report, which shows a reduction in equity stakes…
Glasgow Prestwick Airport (PIK) has welcomed its first Hong Kong Air Cargo (HKAC) flight — making HKAC the first Far East airline to operate at…
NatWest Group Plc — formerly called Royal Bank of Scotland — said on Monday it bought back another £1 billion of its shares from the UK…
The Institute and Faculty of Actuaries (IFoA) has appointed Paul Lewis as its new chief executive officer. Lewis will join the IFoA on January 6,…
By Mark McSherry The board of Baillie Gifford’s $1.2 billion Schiehallion Fund Limited gave its backing on Friday to the fund’s chair Linda Yueh after…
Glasgow media firm STV Group plc said its STV Studios business has confirmed four new commissions and recommissions, including a second series of international thriller Criminal…
KPMG’s latest UK Financial Services Sentiment Survey of 150 industry leaders found that 90% of them plan to increase their footprint outside of London in…
The Scottish National Party (SNP) has lost 38 Westminster seats so far in the UK general election — amid a low turnout by voters —…
Mark Darbon has been appointed chief executive of The R&A and Secretary of The Royal and Ancient Golf Club of St Andrews. Darbon will succeed…
The new chief executive of NatWest Group — the bank formerly known as Royal Bank of Scotland — has slashed the company’s executive committee to…
Scotch whisky and drinks giant Diageo plc announced that current non-executive director John Manzoni will be appointed chair of its board on or around February…
Scotland is experiencing a start-up boom, with over 40,000 new businesses setting up shop last year – an increase of 12% on the number of…
The latest Royal Bank of Scotland purchasing managers’ index (PMI) has revealed a renewed rise in business activity across the Scottish private sector at the…
Leaders of UK Government Investments (UKGI) told the UK parliament’s cross-party Treasury Committee on Tuesday that the process to sell more of the British taxpayer’s remaining…
M Core, the commercial property and investment collective, said it has acquired the Princes Square retail development in Glasgow city centre. M Core said that Princes…
The latest Royal Bank of Scotland Purchasing Managers Index (PMI) report said the rate of job creation across Scotland was the strongest of all the…
The Scottish private sector indicated a “solid and quicker expansion” in activity during June, according to the latest Royal Bank of Scotland PMI data report….
NatWest Group — the bank formerly known as RBS — has agreed to buy £1.26 billion worth of its shares back from the UK government as…
Shares of NatWest Group, formerly the Royal Bank of Scotland Group, rose as much as 9% on Friday after it announced it would pay an…
Chivas Brothers, the Scotch Whisky business of Pernod Ricard, has announced an £88 million investment into major expansions at Aberlour and Miltonduff, two of its…
Shares of Edinburgh-based Frontier IP, a specialist in commercialising university intellectual property, rose about 6% after it said it sold 183,901 American Depositary Shares (ADSs) of…
Shares of Edinburgh-based Frontier IP, a specialist in commercialising university intellectual property, rose about 4% on Wednesday after the firm said it enjoyed a strong…
The Scottish private sector recorded yet another upturn in activity in December 2021, according to the latest Royal Bank of Scotland Purchasing Managers Index (PMI)…
NatWest Markets Plc said on Tuesday it has pleaded guilty in United States Federal Court to one count of wire fraud and one count of…
The contrarian Scottish Investment Trust plc said on Monday its share price total return for the year to October 31 was 24.3% and the net…
The £1.2 billion Edinburgh Investment Trust said on Monday its net asset value (NAV) has risen 48%, compared with 36.8% for the FTSE All-Share, since…
Scottish private sector companies registered a further sharp uplift in business activity during September, according to the latest Royal Bank of Scotland PMI report from…
easyJet plc said it has appointed former Royal Bank of Scotland CEO Stephen Hester as a director and chair designate. Hester, 60, will join the…
NatWest Group plc, formerly known as RBS, said on Friday it will aim to distribute a minimum of £1 billion a year to shareholders via a…
NatWest Group, formerly known as Royal Bank of Scotland, said in a trading update on Thursday its customer deposits increased to £453.3 billon in the first…
Investment platform AJ Bell has welcomed the return of dividends from UK companies with the news that the number of London-listed firms that made or…
NatWest Group, formerly known as Royal Bank of Scotland, said on Friday it will buy back 590.7 million of its shares for £1.1 billion from the…
Edinburgh-based international oil and gas company Cairn Energy said on Tuesday it plans to sell its stakes in UK North Sea fields Catcher and Kraken…
The Glasgow-based Royal Conservatoire of Scotland (RCS) has been named in prestigious global rankings released this week as one of the world’s top three destinations…
Glasgow-based cloud data centre operator Iomart Group plc announced the appointment of Sharon Mars Leach as its group marketing director “to lead the group’s brand…
Chrysaor has agreed a reverse takeover of Premier Oil to create the UK North Sea’s largest oil and gas producer as the sector faces up…
The Royal Bank of Scotland Group plc today changed its name to NatWest Group plc. The change of name has been registered at Companies House…
The £800 million Edinburgh Worldwide Investment Trust plc said on Monday its net asset value per share increased 16.4% and its share price rose 21.7%…
Royal Bank of Scotland “will not be moving people out of Scotland” as a result of the recent decision to change its name to NatWest,…
Aberdeen Standard Capital (ASC) said on Monday it appointed Barry Hardisty as Head of International based in Jersey. Aberdeen Standard Capital is the discretionary investment…
Edinburgh-based aviation logistics company John Menzies said on Tuesday its Menzies Aviation unit secured a number of contract wins and renewals across its UK operations….
Outgoing Royal Bank of Scotland chief executive Ross McEwan has said RBS would move its headquarters to London if Scotland becomes independent because the bank…
Royal Bank of Scotland (RBS), Barclays, JP Morgan, UBS and Citigroup are being sued by investors over allegations they rigged the global foreign exchange market,…
Queen Margaret University (QMU), Edinburgh, announced on Wednesday that Paul Grice, chief executive of the Scottish Parliament, will be appointed as the University’s new principal…
Royal Bank of Scotland has released for sale its former office and data centre site at Dundas Street in the heart of Edinburgh. Branded “New…
Royal Bank of Scotland chief executive Ross McEwan has warned in a BBC interview that a no-deal Brexit could tip the UK economy into recession….
Forth Ports Limited said on Wednesday that Arcus European Infrastructure Fund 1 LP agreed to sell its shares in the company to the Public Sector…
The UK government is poised to resume selling down its remaining 70.5% stake in Royal Bank of Scotland (RBS) — perhaps as soon as this week…
Standard Life Aberdeen, the largest active fund manager in the UK and one of Scotland’s largest employers, has officially opened its new headquarters at 6 St…
Royal Bank of Scotland is still hoping to reach a multi-billion-dollar settlement this year with the US Justice Department over alleged mis-selling of toxic mortgage-backed securities….
The CEO of Edinburgh and Newcastle-based Virgin Money, Jayne-Anne Gadhia, has supported calls for a “ministerial board” that champions the economic benefits of gender diversity….
Following its sale of a £370 million bond, Aberdeen City Council said it has recruited three markets specialists with extensive experience to form the council’s…
UBS Asset Management’s real estate and private markets business completed the acquisition of prime office building Quartermile 2 on the site of the former Edinburgh…
Wheatley Group, Scotland’s biggest social landlord, said it secured a further £65 million of private investment and that it will return to the capital markets in the…
The union Unite said Royal Bank of Scotland has told staff that it will cut a further 40% of permanent staff from its London IT…
Britain’s largest payment processor and ex-Royal Bank of Scotland firm Worldpay said it agreed to “key terms” of a “possible offer” from US credit card…
A High Court judge in London on Wednesday called off the trial due to begin in the long-running investor lawsuit against Royal Bank of Scotland over its 2008…
The civil trial involving Royal Bank of Scotland and a group of investors over a £12 billion rights issue by RBS in 2008 has been adjourned by a…
The High Court in London was told on Tuesday morning that a majority of claimants suing Royal Bank of Scotland over its £12 billion rights issue in 2008…
UPDATE 2 — Royal Bank of Scotland (RBS) is attempting to reach a last-minute settlement with a group of investors who allege that the bank misled them…
A group of senior businessmen — including Angus Grossart and Brian Souter — are among investors seeking to join a lawsuit against Royal Bank of Scotland alleging they…
Shares of Edinburgh-based FreeAgent Holdings, which provides accounting software for small businesses, rose for a second successive day following the announcement that it won a major contract with…
Jim Duffy, co-founder of Scottish-based business incubator network Entrepreneurial Spark, announced he will leave the company in the summer of 2017. Duffy said Entrepreneurial Spark…
UK airline Flybe announced that its franchise agreement with Glasgow-based Loganair to fly under the Flybe brand has been terminated with effect from August 2017 “following…
Royal Bank of Scotland chairman Howard Davies has warned that big banks are planning to shift “the balance” of their activity away from London’s financial…