Search Results for: Scotland
UK government sold £2.08 billion of shares in Royal Bank of Scotland
August 5th, 2015
UK government takes first step to Privatizing Royal Bank of Scotland Group The UK bailed out RBS in 2008 and 2009 by buying shares for £45bn and supplying it with cheap funds. It sold its stake at 330p a share, ...
Scotland Proposes UK Oil And Gas Tax Breaks
January 12th, 2015
Scotland’s Energy Minister, Fergus Ewing, has published a new report calling for urgent reform of the UK’s oil and gas tax regime. In his January 8 discussion paper, Ewing said the recent fall in the oil price has increased ...
Deloitte takes top slot as Scotland’s largest firm
November 5th, 2014
Deloitte is the largest accountancy firm in Scotland, as measured in The CA magazine’s annual Accountancy Review. The CA is the membership journal of the Institute of Chartered Accountants of Scotland (ICAS). The Accountancy Review charts the largest 30 ...
Scotland votes “No”
September 19th, 2014
Scotland has voted to stay in the United Kingdom after voters decisively rejected independence. With 31 out of the country’s 32 council areas having declared after Thursday’s vote, the ‘No’ side has an unassailable lead of 1,914,187 votes to ...
Shifting Polls in Scotland Send Investors Rushing for Shelter
September 9th, 2014
Scotland, home to just five million people, has never weighed on the minds of currency traders and market investors the way that Russia or China or the eurozone has — until now. A poll this weekend showed Scottish voters ...
Pound Suffers on Scotland Poll
September 8th, 2014
Sterling dropped as opinion polls highlighted the risk Scotland will vote for independence next week, potentially splintering the U.K.’s 307-year-old union. Britain’s currency slid to the weakest against the dollar since November after a poll by YouGov Plc showed ...
Scotland to impose its own tax authority
August 22nd, 2014
Edinburgh took a step closer to operating its own version of HMRC this week, after the Scottish parliament passed the Revenue Scotland and Tax Powers Bill. The chair of the Chartered Institute of Taxation’s (CIOT) Scottish technical subcommittee, Moira ...
Royal Bank of Scotland to offload global Coutts arm
August 12th, 2014
Royal Bank of Scotland said it planned to sell the international operations of Coutts, its private bank for wealthy clients including Queen Elizabeth II and David Beckham, just months before the unit is expected to be fined for helping ...
SFC reprimands and fines The Royal Bank of Scotland PLC $6 million for internal control failings
April 22nd, 2014
The Securities and Futures Commission (SFC) of Hong Kong, has issued a reprimand to The Royal Bank of Scotland Public Limited Company (RBS) and fined it $6 million for internal control failures relating to the detection and prevention of ...
150 years of bank credit expansion is near its end
November 22nd, 2019
The legal formalisation of the creation of bank credit commenced with England’s 1844 Bank Charter Act. It has led to a regular cycle of expansion and collapse of outstanding bank credit. Erroneously attributed to business, the origin of ...
