Arise, Sir Sandy: the ups and downs of bagging a knighthood
Much speculation surrounds the knighthood of Sandy Crombie, chief executive of Standard Life, in the New Year honours, writes Ian […]
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THE YEAR THE BANKS BROKE
Ian Fraser tells the story of how Scotland’s reputation for finance was destroyed by imperialistic bosses, toothless regulators and ‘deeply
Scots bid to rescue HBOS from takeover
Top bankers launch boardroom coup TWO of Scotland’s most prominent bankers yesterday launched an audacious coup to take control of
Firms fear future as feast turns to famine
Crisis could be existential for some of Scotland’s professional services firms The humbling of Scotland’s once proud and buccaneering banking
Universities: Funds needed to give ‘Celtic tiger’ its teeth
Scotland’s first minister Alex Salmond wants to boost economic growth and transform Scotland into a “Celtic tiger”. But he is
Scottish Agenda: Get used to a world that gives less credit
Fall of banks paints bleak future for Scotland’s economy “Meltdown Monday”, which saw the effective nationalisation of both Royal Bank
Finger of blame points at audit firms
Accountants missed ‘red flags’ at failing banks. By Ian Fraser THE FINGER of blame for the crisis that has crippled
Britain fiddles while the credit market burns
100% deposit guarantee for Irish banks worries UK rivals IN THE Whitehall of Sir Humphrey and James Hacker, it was
Fears over staff pensions as Strathclyde takes a hit
UK’S largest local authority pension fund, the £9bn Strathclyde Pension Fund, has admitted it has been caught out by the
‘Scores of people have spoken to me about this deal and voiced their concerns. They are genuinely horrified’
The inside story of how Lloyds TSB swallowed up HBOS and attempts to block the deal IT WAS presented as
Call to sack HBOS directors
HBOS directors including Andy Hornby were asleep at the wheel and should not be allowed to hop across to the
Listening to the world
INTERVIEW OF THE WEEKDell founder Michael Dell They may wear big hats in Texas. But Michael Dell, founder, chairman and
Scottish Widows to rise from HBOS ashes
Edinburgh emerges as preferred location for life, pensions and asset management jobs, with Scottish Widows the preferred name EDINBURGH has
Leading historian issues warning of a new cold war
Global threat is from geopolitics, not the credit crunch The Glasgow-born historian Niall Ferguson has warned that the strategic alliance
China flies the flag
The Beijing Olympics have shown that China knows how to put on a show. But can China live up to
Capitalism, Chinese style
The People’s Republic of China has long been receptive to Western economic ideas, and is turning to the British as
How Scottish firms struck gold in Beijing
Big Olympics contracts have lifted RMJM and Aggreko As four billion viewers worldwide tuned into the Beijing Olympics’ opening ceremony
The boom before the bust?
This was a record breaking year for deals, but it seems unlikely that next year will be. Ian Fraser reports.
Banks baulk at backing newbies
The credit crunch and the economic climate mean funders and investors are looking for less risky projects IF START-UPS are
Persistence pays off
It took him two years to buy Whyte & Mackay, but then Vijay Mallya was determined to add the distiller
The new way to fund infrastructure?
Could the non-profit distributing organisation model chosen by Aberdeen City Council be the shape of things to come for public