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Finance & Law

More upheaval likely

TSB’s future uncertain as Spanish bank merger fails

TSB Edinburgh
Head office in Edinburgh awaits developments (pic: Terry Murden) TSB could be back on the market following the collapse of merger talks between its its Spanish owner Banco Sabadell withRead More

Investment

Cyclist Beaumont joins leadership team at EOS

Andrew McNeill and Mark Beaumont
Andrew McNeill and Mark Beaumont St Andrews based investment firm, Eos Advisory, has appointed endurance cyclist Mark Beaumont to its leadership team, the first in a series of forthcoming announcements whichRead More

Daily Business Live: Thur

Aviva dividend pledge; SSE wind farm milestone

Aviva
REFRESH PAGE FOR UPDATES 4.30pm: Markets ease into weekend Stock markets were left treading water for most of the day as the dust settled on the Spending Review, the USRead More

Daily Business Live: Wed

Virgin Money slumps; GDP; Brewin Dolphin; Babcock review

Virgin Money
REFRESH PAGE FOR UPDATES 4.30pm: Markets unmoved by Spending Review The Chancellor’s Spending Review barely troubled the markets which had priced in most of the announcements. The FTSE 100, whichRead More

Business restructuring

McLaren returns home to key role at PwC

Nick McLaren of PwC
PwC has expanded its business restructuring services practice in Scotland with the appointment of Nick McLaren as a director. Mr McLaren has returned to PwC Scotland from the firm’s restructuringRead More

Insurer assessing options

Phoenix in talks over sale of European business

Standard Life house
Standard Life House: now home to Phoenix group (pic: Terry Murden) Life insurer Phoenix Group has confirmed it is considering a sale of its European businesses after receiving expressions of interestRead More

Corporate finance

Shepherd and Wedderburn sees busy deal flow

George Frier
George Frier: ‘We have seen some excellent valuations’ Legal firm Shepherd and Wedderburn has reported a busy first half of deal activity despite the challenging environment created by the COVID-19Read More

Daily Business Live

RSA backs offer; inflation rises; SSE profits hit; Halfords surges

Hester smile vid
4.30pm: London higher on vaccine hopes The FTSE 100 index closed higher on further positive vaccine news. Britain’s blue-chip benchmark closed ahead by nearly 20 points at 6,385 as Pfizer andRead More

Finance

Danny O’Neil, who built a financial giant, has died

Britannic
Danny O’Neil, who oversaw the growth of Britannia Asset Management into a significant player in Glasgow’s financial services sector, has died. Over a decade he was instrumental in turning aRead More

Banking

Virgin Money lures Abrahams from ABN Amro

Clifford Abrahams
Virgin Money UK has appointed Clifford Abrahams, pictured, as executive director and group chief financial officer from March. He has been group CFO at ABN AMRO Bank since 2017. MrRead More