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Saturday, 21st November 2009
 
Local pages today
 
 

Business Blog

Peter MacMahon is The Scotsman's business editor. With an unrivalled network of contacts in all walks of corporate life - from small business to the country's biggest financial institutions - he has an unmatched grasp of the issues which will shape Scotland's economic landscape.

So, a new Knight for Gogarburn

SIR Sandy Crombie, group chief executive at Standard Life is - as The Scotsman revealed this morning - to become the senior independent director (SID) at Royal Bank of Scotland.


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Gordon Brown's incredible shrinking economy

I don't know if Rick Moranis does political comedy. Perhaps he should consider it.

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'Tiny minority' to blame for RBS mess says new boss

Never have so many had the right to be so angry with so few.
 
That, in cod Churchillian terms, is what new Royal Bank of Scotland chairman Sir Philip Hampton, is saying today.


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Sir Fred is undeserving of lynch mob treatment

FRED Goodwin: deserves everything he gets, doesn't he? Well, no.



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Murphy must break his silence over Dunfermline

Jim Murphy is not normally backward in coming forward.

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Talks continue as Lloyds teeters on the brink of nationalisation

What is going on in the Lloyds Banking Group talks with the UK government?

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Lloyds' attempt to bully The Scotsman will not succeed

The Scotsman should today have attended a press conference being given by Eric Daniels and Victor Blank, chief executive and chairman respectively of Lloyds Banking Group, which recently took over HBOS.

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Brutal cull is latest phase in RBS recovery

ROYAL Bank of Scotland has promised that it will continue to sponsor the six nations rugby tournament until 2013.

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Greed is not so good these days

Greed is good, we were once told by a fictional corporate raider.
 
The Gordon Gekko creed of greed is one of the most famous of all film speeches, brilliantly played by Michael Douglas.


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HBOS RIP

A bugler will not sound the last post. A lone piper will not be playing Flowers 'o the Forest.

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Silence on Bank of China plans is damaging to RBS

WE all have an interest in Royal Bank of Scotland. A direct interest. We, as taxpayers, own it.

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Rice faces unenviable task as Lloyds' Scottish strategy emerges

AFTER the announcement today that she has been appointed Managing Director of Lloyds Banking Group in Scotland, Susan Rice was described as "a leading business woman".

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HBOS and the 's' word

It may have always seemed so to Elton John, but it does not now appear to be the case for senior banking executives.

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RBS ownership details remain unresolved

So how does it feel? Overwhelming? Scary?

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New king in town as old guard slink away from RBS

THE guard has changed. We are at the dawn of a new era.

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Banking boring? You must be joking

BANKING, Sir Peter Burt declared at the weekend, should be boring.

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Banks just don't get it - public opinion matters now

THERE was a time, not so long ago, when the banks went about their business without paying too much, if any attention, to public opinion.



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We thought it was bad, but it's worse than bad - it's truly awful

Official figures released this morning showed that the UK economy shrunk by 0.5% between July and September - the worst economic growth performance since 1990.



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Brown and Darling's plan is hurting - but is it working?

John Major - remember him? - once said that if his economic policies to control inflation were not hurting, they weren't working.

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We can only wait for Chancellor's word in these uncertain times

It's getting even scarier.

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Mandelson's return could be good news for business

 Cripes!

Even Boris Johnson's now famous exclamation seems to understate the feeling of gob-smacked-ness, if such a word exists, at the return of Peter Mandelson to the UK government.



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Rescue plan is needed - and needed now

Scary, isn't it? The world is holding its breath over the US administration's $700 billion financial rescue plan and all that American Presidential candidates do is play politics.



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Uncle Sam comes to the rescue of Fannie and Freddie

It is, supposedly, the most ideological government in what we still call the Western World.

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