Treasury: Scots finance jobs at risk from Brexit
Thousands of Scottish financial sector jobs could be put at risk if the UK left the EU, the UK Treasury indicated on Friday. The Treasury…
Thousands of Scottish financial sector jobs could be put at risk if the UK left the EU, the UK Treasury indicated on Friday. The Treasury…
The Royal Bank of Scotland chairman told the company’s annual general meeting that the EU referendum is “generating additional uncertainty” for the UK economy and that…
Scottish investment writing, copywriting and marketing communications company Copylab is to expand internationally by opening an office in Boston, Massachusetts to serve the asset management industry in…
Angel investor group Investing Women wants to increase the ratio of Scotland’s female angel investors from an estimated one in 20 to the US level of one…
Chief financial officer Peter Bole (pictured) is to leave Edinburgh-based Tesco Bank to do the same job at cross-town rival Virgin Money — and pick up a…
Former Experian, Aviva, RBS and Standard Life executive Graeme Jones has been appointed chief executive of trade body Scottish Financial Enterprise (SFE), replacing Owen Kelly…
Offshore Energies UK (OEUK), the trade body for the sector, welcomed the offer of new oil and gas licences by the North Sea Transition Authority…
About 35% of the UK population could face poverty in retirement, according to Scottish Widows’ 19th annual Retirement Report. Widows said the report’s new National…
Scottish Land & Estates (SLE), the rural business organisation, has appointed Dee Ward as its new chair. Ward succeeds Mark Tennant, who has been SLE chair…
Former Abrdn long-time executive Piers Currie, who went on to be a founder of specialist consultancy Warhorse Partners, has died. At the then Aberdeen Standard Investments, Currie’s…
By Mark McSherry Global financial shares lost about $465 billion in stock market value in two days as investors cut exposure to lenders following Silicon…
The North Sea Transition Authority (NSTA) said 115 applications have been received for the UK’s 33rd offshore oil and gas licensing round. The bids are…
The Bank of England, the UK’s central bank, announced on Tuesday that it will “widen the scope” of its daily gilt purchase operations to include…
Royal London said it made a loss before tax of £228 million in the first half of 2022 compared to a £228 million profit for the…
UK finance minister Rishi Sunak announced tax cuts for workers and a reduction in fuel duty on Wednesday in his half-yearly budget update. Sunak set out…
Scotland is suffering from a chronic housing shortfall approaching 100,000 new homes as a result of “significant and consistent” undersupply over the last 14 years,…
Royal London confirmed on Friday afternoon it has offered to enter into “immediate and exclusive discussions” with mutual life insurer LV= — formerly known as Liverpool Victoria…
Scottish business and finance groups were quick to react to the UK budget statement on Wednesday, with most of them of the opinion that more…
Airlines have been invited to bid for a contract to resume “lifeline” flights from Wick John O’Groats Airport, which is operated by Highlands and Islands…
Glasgow-based global engineering and mining giant Weir Group said on Friday that Charles Berry will retire as chairman at the firm’s AGM in April 2022 — and…
Drinks giant Diageo has opened Johnnie Walker Princes Street, the eight-floor new visitor experience for the world’s best-selling Scotch whisky located at the western end of…
Edinburgh-based investment bank Noble & Co announced two senior appointments to help “increase the firm’s capacity to source prospective deals.” Noble has hired Susi Crawford…
The Scottish Government has announced plans to deliver 100,000 affordable homes over the next decade — with at least 70% of the houses for social…
Aberdeen Standard Investments chief economist Jeremy Lawson has outlined what he called the “missed opportunities” of the UK budget. Lawson said the £40 billion worth…
Perth-based SSE Renewables and its 50-50 joint venture partner Equinor have reached financial close on the first two phases of what will be the world’s…
Scottish Widows is to divest at least £440 million from companies that have failed to meet its environmental, social and governance (ESG) standards. Widows warned…
Eight non-executive directors have been appointed to the board of the Scottish National Investment Bank ahead of its launch in the final quarter of 2020….
France’s EDF said on Thursday it will begin decommissioning its Hunterston B nuclear power plant in North Ayrshire by January 2022 at the latest. The…
UK insurance giant Aviva plc said on Monday that its Falkirk-born chief executive office Maurice Tulloch has stepped down “for family health reasons” will be…
Scotland’s schools will return full-time in August “if Scotland continues to make progress on suppressing coronavirus” said Deputy First Minister John Swinney on Tuesday. Swinney…
Scottish Friendly, Scotland’s largest financial mutual, on Thursday announced record sales of Investment ISAs — also known as stocks and shares ISAs — as it…
A new report has forecast that expenditure for North Sea decommissioning work will be £15.2 billion over the next 10 years. The 2019 Decommissioning Insight report was…
Glasgow-based mutual Scottish Friendly announced on Wednesday a substantial acquisition of life and pensions policies from financial services provider Canada Life. The deal sees Scottish…
The Scottish Government said the value of fish landed by Scottish vessels in 2018 increased by 1% to £574 million, despite a 4% drop in…
The influential Business Roundtable in the United States on Monday announced a new “Statement on the Purpose of a Corporation” signed by 181 CEOs that…
Project Heather, the firm creating a new Scottish Stock Exchange based in Edinburgh’s Geoge Street, on Friday announced the appointments of two senior executives. Helen…
Perth-based transport giant Stagecoach Group announced on Monday planned new vehicle orders worth more than £80 million to help tackle the twin challenges of car…
Aviva plc, the UK’s second-largest insurer, said on Monday that Falkirk-born Maurice Tulloch will become its chief executive officer with immediate effect. Tulloch most recently…
Diageo announced that plans have been formally submitted for its flagship Johnnie Walker visitor centre in the former Frasers department store at the west end…
Aberdeen-based oil services and engineering giant Wood plc said it won a contract to supply “programmable digital control technologies” to the Sellafield nuclear site in Cumbria….
Creative Scotland said Janet Archer is stepping down from her role as chief executive after five years. No reason was given for the departure. An inquiry…
UK Health and Safety Executive (HSE) boss Chris Flint has warned North Sea oil and gas operators about continued hydrocarbon releases, urging the industry to…
AIM-listed chemistry company Cronin Group, which has a research relationship with the University of Glasgow, announced a 2017 loss of of £1.46 million after tax and said…
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…
Moody’s Investors Service has downgraded the bond (debt) ratings of media firm Johnston Press, owner of The Scotsman, the i newspaper and the Yorkshire Post, deeper into…
A NatWest real estate report on “Building Momentum: The Northern Powerhouse” said the economic success of the North of England depends on collaboration, innovation and…
Plans to redevelop the John Brown shipyard in Clydebank and create a new “civic heart” for the area have been given the go ahead by West Dunbartonshire…
Johnston Press, owner of The Scotsman and Yorkshire Post, on Thursday confirmed speculation that it is in “late stage discussions” with Independent Print Ltd for the…