Peter Knott is tied up by Green Investment Bank for top risk management role
THE GREEN Investment Bank (GIB) has appointed Peter Knott, former head of operational risk at banking giant Standard Chartered, as its chief risk officer.Knott, who qualified as a chartered accountant...
View ArticleBerthold Albrecht, reclusive heir to Aldi empire, dies at 58
GERMAN billionaire Berthold Albrecht, heir to the Aldi supermarket chain and one of Germany’s richest men, has died aged 58.Together with his brother Theo Jr, Albrecht’s fortune was estimated at $17.8...
View ArticleParkmead goes for youth with board appointment
PARKMEAD Group, the Aberdeen-based oil explorer headed by Tom Cross, yesterday announced the appointment of one of the UK’s youngest plc main board directors.Ryan Stroulger, who is 25 and has worked...
View ArticleComment: Inflation threatens to upset Osborne’s applecart
MR OSBORNE received a better press for his Autumn Statement than for his Budget in March. The markets remained positive, held in check more by the Bundesbank’s pessimistic forecast for the German...
View ArticlePetroceltic bullish about Italian job despite timeline questions
SHARES in oil and gas company Petroceltic International dipped yesterday after it flagged possible changes to the timing of work on a well in north-west Italy.The firm, which merged with...
View ArticleThird quarter fall in start–ups
Scottish business start-up numbers slumped in the third quarter of this year, according to figures from lenders.The Committee of Scottish Bankers said firms opened 3,091 accounts with its members in...
View ArticleAirport firm HIAL brings losses down
THE COMPANY which operates Scotland’s network of small northern airports pared its losses last year thanks to a lack of disruption.Highlands and Islands Airports (HIAL), which is owned by the Scottish...
View ArticleCVA helps save engineering firm McGeoch Marine from collapse
ABOUT 70 jobs have been saved after specialist engineer McGeoch Marine agreed a deal with its creditors to save it from collapse.The Inchinnan-based firm, which makes doors and accommodation modules...
View ArticleGalvanising firm installs £250,000 zinc tank
HIGHLAND Galvanisers, the Cumbernauld-based metalwork company behind the famous Kelpies sculpture in Falkirk, has pumped £250,000 into upgrading its plant in Elgin.The firm is installing a 200-tonne...
View ArticleP2P lenders see regulation as a welcome step to credibility
THE “peer-to-peer” lenders that claim to offer an alternative to the established high street names are set to challenge the banking mainstream after it emerged that they are to be formally...
View ArticlePosting cards and presents this Christmas can cost less
SCOTS receiving certain benefit payments can buy discounted Christmas stamps, under an initiative aimed at easing financial pressures over the festive season.The Royal Mail Christmas Stamp scheme...
View ArticleJeff Salway: This government is out of touch - just look at the Autumn Statement
I DIDN’T see the Autumn Statement on Wednesday, but neither did I miss it. We knew how it would play out. Children, the poor and the disabled caused the mess we’re in, didn’t they, so surely they, not...
View ArticleTen money saving tips: financial advice
NEW rules come into force next month that will reform the way in which consumers work with financial advisers. A ban on commission payments and enhanced qualification demands for independent financial...
View ArticleCredit cards are hard to come by, especially if you have previously missed...
IF YOU’RE looking for cheap finance – and many people are at this time of year – there are some very low rates on offer from banks, building societies and credit card companies. One problem though –...
View ArticleCash Q&A: Inheritance
Q:I have 2 daughters who will inherit equally. I have taken out equity release on my property, currently worth around £450,000 and have a term assurance policy with 14 years to run to more than cover...
View ArticleThousands of savers face being caught in the high earners tax net
MANY pension savers face an unexpected tax bill as new government measures targeting high earners threaten to also hit public sector employees who are on more modest incomes.Cuts in the tax relief...
View ArticleGovernment intransigence over the so-called granny tax means pensioners will...
PENSIONERS were given an easy ride in the Autumn Statement, yet changes coming into force in April will leave many worse off after the government refused to back down over the so-called “granny...
View ArticlePensions: One rule for the many and another for the very lucky few
UNTIL Thursday I was planning to write about the latest obsession of the financial services regulators. The retail distribution review (RDR), coming into effect at the end of the month, is yet another...
View ArticleClaire Smith: The city’s Christmas market is a tradition for Edinburgh...
IT’S St Nicholas Day at the German market – Peggy Jane Pauli, the Christmas bauble lady – is wearing special reindeer earrings and a santa bobble in her hair, and her shop assistant is dressed as an...
View ArticleRetail in crisis: The rise in online buying could give shops a boost
THIS has been a year of negative headlines for retail – from the reports of low sales growth to the disappearance of many household names, the sector has certainly been through something of a tough...
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