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4,000 jobs to go

Flint out as HSBC faces ‘increasingly complex challenges’

John Flint: leaves after 30 years with the bank HSBC chief executive John Flint has stepped down after less than a year and a half in the job in aRead More

Further consolidation

FNZ acquires Australian tech platform rival GBST in £150m deal

Adrian Durham
Adrian Durham: ‘attractive acquisition’ Scottish platform technology provider FNZ is acquiring Australia-based platform GBST in a £150 million deal. FNZ, based in Edinburgh and London, has snapped up the BrisbaneRead More

Credit system under scrutiny

Grand Theft Auto firm took millions in subsidies, paid no corp tax

Rockstar North
Rockstar North: taken advantage of the system (pic: Terry Murden) Scotland’s most successful games developer has not been paying corporation tax despite collecting millions in subsidies, it has emerged. Edinburgh-basedRead More

Capital return

Diageo hands £4.5bn to shareholders amid strike threat over pay

Diageo CEO Ivan Menezes
Ivan Menezes: steady progress (pic: Terry Murden) Drinks giant Diageo is to hand a further £4.5 billion to shareholders as the company faces strike action over a ‘derisory’ pay offerRead More

EU link for clients

Brexit sees Shepherd and Wedderburn open Dublin office

Andrew Blain
Andrew Blain: ‘opportunities to grow and expand’ Shepherd and Wedderburn has opened an office in the Republic of Ireland to ensure continuity of service to clients across the EU post-Brexit.Read More

Disruption at Heathrow

British Airways cancels Cairo flights for a week in security alert

British Airways pic
British Airways: security alert Holiday passengers heading to Egypt were told flights were cancelled because of a security alert. British Airways said it was suspending its Heathrow to Cairo serviceRead More

Growing specialism

Edinburgh takes global lead in emerging cleantech investment

Michael Groves Topolytics
Waste management company Topolytics is among the capital’s cleantech companies Edinburgh is the world’s top destination for investment in environmentally-friendly technology, or cleantech – highlighting a growing tech specialism inRead More

Bank chief returns Down Under

RBS boss McEwan appointed CEO at National Australia Bank

Ross McEwan
Ross McEwan: new position (pic: Terry Murden) Royal Bank of Scotland’s outgoing chief executive Ross McEwan has been appointed chief executive of National Australia Bank. The 62-year-old will take onRead More

Staff consulted

Ryanair unveils cuts and revision to schedules over 737 delays

Ryanair
Fewer flights scheduled by Ryanair Ryanair will be forced to revise its schedules and impose cuts at some of its bases because of delays to the delivery of new BoeingRead More

Penalty for social network

Facebook to be hit with $5bn record fine for privacy breaches

Facebook
The social network is capable of absorbing even a $5 billion penalty   Facebook is expecting a record $5 billion penalty to settle an investigation into the social network’s privacyRead More