Scottish business confidence low despite 'modest' job prospects

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class="article-main channel-news" data-mod="articleSso,converse,horizontalSwipe,trackScrollDepth,affiliatetext,axate" data-url="https://www.insider.co.uk/news/scottish-business-confidence-low-jobs-11946060" data-converse><div class="headline-with-subtype"><div class="article-type publication-font"><a class="channel-name section-theme-highlight" href="https://web.archive.org/web/20211205120130/https://www.insider.co.uk/news/" data-link-tracking="TopArticle|MainTag|News">News</a></div><h1 class="section-theme-background-indicator publication-font" itemprop="headline name">Scottish business confidence low despite 'modest' job prospects</h1></div><p class="sub-title" itemprop="description">The Bank of Scotland's Business Barometer put confidence at only 18 per cent.</p><div class="byline"><div class="sharebar" data-share-image="https://i2-prod.dailyrecord.co.uk/incoming/article11946120.ece/ALTERNATES/s1200/HBOS.jpg" data-share-url="https://www.insider.co.uk/news/scottish-business-confidence-low-jobs-11946060" data-context="share-bar-11946060" data-friendly-name="Share Bar Link Click" data-max-times-to-track-links="5" data-article-id="11946060"><a class="hidden" data-link-tracking="Header|MainLogo|Image|businessInsider" id="logo" href="/web/20211205120130/https://www.insider.co.uk/">businessInsider</a><ul><li class="count-shares"><span class="count-text initial publication-theme">Share</span></li><li class="sharebar-provider"><a class="sharebar-icon icon facebook" title="Facebook" data-provider="facebook" data-social-headline="Scottish business confidence low despite 'modest' job prospects" data-url="https://web.archive.org/web/20211205120130/https://www.insider.co.uk/news/scottish-business-confidence-low-jobs-11946060" data-leadtext="The Bank of Scotland's Business Barometer put confidence at only 18 per cent." data-content-image="https://i2-prod.dailyrecord.co.uk/incoming/article11946120.ece/ALTERNATES/s1200/HBOS.jpg" data-tracking="facebook|share|undefined"></a><div class="share-filler"></div></li><li class="sharebar-provider"><a class="sharebar-icon icon twitter" title="Twitter" data-provider="twitter" data-social-headline="Scottish business confidence low despite 'modest' job prospects" data-url="https://web.archive.org/web/20211205120130/https://www.insider.co.uk/news/scottish-business-confidence-low-jobs-11946060" data-leadtext="The Bank of Scotland's Business Barometer put confidence at only 18 per cent." data-content-image="https://i2-prod.dailyrecord.co.uk/incoming/article11946120.ece/ALTERNATES/s1200/HBOS.jpg" data-tracking="twitter|share|undefined"></a><div class="share-filler"></div></li><li class="sharebar-provider"><a class="sharebar-icon icon whatsapp" title="Whatsapp" data-provider="whatsapp" data-social-headline="Scottish business confidence low despite 'modest' job prospects" data-url="https://web.archive.org/web/20211205120130/https://www.insider.co.uk/news/scottish-business-confidence-low-jobs-11946060" data-leadtext="The Bank of Scotland's Business Barometer put confidence at only 18 per cent." data-content-image="https://i2-prod.dailyrecord.co.uk/incoming/article11946120.ece/ALTERNATES/s1200/HBOS.jpg" data-tracking="whatsapp|share|undefined"></a><div class="share-filler"></div></li><li class="copy-link-list"><span class="copy-link brand-bg" data-mod="copyLink" data-url="https://www.insider.co.uk/news/scottish-business-confidence-low-jobs-11946060"></span></li><li class="count-shares last"><span class="count-num hidden"> </span></li></ul><profile-icon lr-custom-id="sharebar-signin" lr-custom-class="sharebar-profile-icon" lr-gtm-label="sharebar"></profile-icon></div><div itemprop="author" itemscope="itemscope" itemtype="https://schema.org/Person"><meta itemprop="name" content="Graeme Murray"></div><div class="article-information" itemprop="datePublished" content="2018-01-31T13:23:39Z"><div class="author-information-container"><span class="author-label">By</span><div class="author"><span rel="author">Graeme Murray</span></div></div><ul class="time-info"><li><time class="date-published" datetime="2018-01-31T13:23:39Z"></time>13:23, 31 JAN 2018</li><meta itemprop="dateModified" content="2018-01-31T13:23:39Z"></ul></div><div class="article-type publication-font"><a class="channel-name section-theme-highlight" href="https://web.archive.org/web/20211205120130/https://www.insider.co.uk/news/" data-link-tracking="TopArticle|MainTag|News">News</a></div></div><div class="article-wrapper"><div class="content-column"><figure class="in-article-image lead-article-image" itemprop="image" itemscope itemtype="http://schema.org/ImageObject"><meta itemprop="url" content="https://web.archive.org/web/20211205120130/https://i2-prod.dailyrecord.co.uk/incoming/article11946120.ece/ALTERNATES/s615/HBOS.jpg"><meta itemprop="width" content="615"><meta itemprop="height" content="409"><div class="img-container"><img srcset="https://web.archive.org/web/20211205120130im_/https://i2-prod.dailyrecord.co.uk/incoming/article11946120.ece/ALTERNATES/s508/HBOS.jpg 508w, https://web.archive.org/web/20211205120130im_/https://i2-prod.dailyrecord.co.uk/incoming/article11946120.ece/ALTERNATES/s810/HBOS.jpg 810w" src="https://web.archive.org/web/20211205120130im_/https://i2-prod.dailyrecord.co.uk/incoming/article11946120.ece/ALTERNATES/s615/HBOS.jpg" alt="" content="https://i2-prod.dailyrecord.co.uk/incoming/article11946120.ece/ALTERNATES/s615/HBOS.jpg"></div><figcaption class="publication-theme-indicator"><span class="caption" itemprop="description">The Bank of Scotland report revealed only 4 per cent of businesses expect to employ more staff in 2018</span><span class="credit" itemprop="author"> (Image: PA)</span></figcaption></figure><form class="skinny-signup skinny-signup-top brand-border brand-hi" data-mod="skinnySignup" data-json="{"mailingListId":"57177","displayName":"Daily","callToAction":"","buttonText":"","contentId":9987607,"endpointUrl":"https://response.pure360.com/interface/list.php","profile":"Business_Insider","isPure360NewsLetter":true,"pure360MailingListId":"Insider - Daily Newsletter","isDoubleOptIn":false,"newsletterSiteName":"businessInsider"}"><div class="skinny-form"><div class="skinny-form-container"><div class="skinny-form-content"><span class="skinny-header">Sign up to FREE email alerts from <u class="name">businessInsider</u> - <u class="name">Daily</u></span><span class="invalid">Invalid Email</span><span class="warning">Something went wrong, please try again later.</span><input class="default-input" type="text" placeholder="Enter your email..." aria-label="Enter your email"><button class="submit-button publication-theme-button" type="submit" data-tmdatatrack="newsletter-inline">Subscribe</button><div class="bottom-links"><span class="privacy"><span>We use your sign-up to 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This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. </span><a href="/web/20211205120130/https://www.insider.co.uk/privacy-notice/">More info</a></span></div></div></div><div class="confirm"><span>Thank you for subscribing</span><span class="bold">We have more newsletters</span><a class="show-more publication-theme-button" href="/web/20211205120130/https://www.insider.co.uk/newsletter-preference-centre" data-tmdatatrack="newsletter-additional">Show me</a><span class="privacy">See our<a href="/web/20211205120130/https://www.insider.co.uk/privacy-notice/">privacy notice</a></span></div></div></form><div class="article-body" itemprop="articleBody"><p>Scottish business confidence is low but there is "modest" job creation on the horizon, a new report suggests.</p> <p><a href="https://web.archive.org/web/20211205120130/https://www.insider.co.uk/all-about/bank-of-scotland" target="_blank">Bank of Scotland's</a> Business Barometer for January shows business confidence at 18 per cent.</p> <p>Firms' confidence in their own prospects was slightly higher at 22 per cent.</p> <p>And 4 per cent of businesses say they expect to employ more staff in 2018.</p> <p>Jane Clark-Hutchison, regional director at Bank of Scotland, said: "This latest reading of business confidence mirrors the findings of our most recent Business in Britain report for Scotland, where optimism levels were also low."</p> <p>The survey found 13% of firms are optimistic about the outlook for the <a href="https://web.archive.org/web/20211205120130/https://www.insider.co.uk/all-about/economy" target="_blank">economy</a> as a whole.</p> <p>A median annual increase in pay of 1 per cent or 2 per cent is expected, likely to be paid for by rising prices.</p> <p>Almost half (45 per cent) of firms said they expect to charge more for goods or services throughout 2018.</p> <aside class="read-more-links" data-mod="readMoreTweak" data-immediate=""> <h5 class="publication-theme-icon publication-theme-border">Read More</h5> <h5 class="hidden 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src="/web/20211205120130im_/https://www.insider.co.uk/@trinitymirrordigital/marwood/TM/img/placeholders/transparent.png" data-src="https://web.archive.org/web/20211205120130/https://i2-prod.dailyrecord.co.uk/incoming/article6512508.ece/ALTERNATES/s615/JS72987574.jpg" alt=""></a></figure><a class="label section-theme-highlight" href="https://web.archive.org/web/20211205120130/https://www.insider.co.uk/all-about/education" data-link-tracking="PostArticle|News|MostRecent|Tag|Fire|index 1">Education</a><a class="headline publication-font" href="https://web.archive.org/web/20211205120130/https://www.insider.co.uk/news/scotlands-top-schools-revealed-25601268" data-link-tracking="PostArticle|Rec|news|mostRead|title|index 1">Scotland's top schools revealed</a><a class="description" href="https://web.archive.org/web/20211205120130/https://www.insider.co.uk/news/scotlands-top-schools-revealed-25601268" data-link-tracking="undefineddescriptionundefined">The latest Parent Power and Sunday Times Schools Guide list has been published</a></div><div class="pancake duet secondary"><div class="teaser"><figure data-mod="image"><a href="https://web.archive.org/web/20211205120130/https://www.insider.co.uk/news/omega-diagnostics-signs-testing-deal-25344282" data-link-tracking="PostArticle|Rec|news|mostRead|image|index 2" aria-label="Omega Diagnostics signs testing deal with DAM Health"><img src="/web/20211205120130im_/https://www.insider.co.uk/@trinitymirrordigital/marwood/TM/img/placeholders/transparent.png" data-srcset="https://web.archive.org/web/20211205120130im_/https://i2-prod.insider.co.uk/incoming/article24040739.ece/ALTERNATES/s180/2_Omega_Diagnostics_Alva-1.jpg 180w, https://web.archive.org/web/20211205120130im_/https://i2-prod.insider.co.uk/incoming/article24040739.ece/ALTERNATES/s458/2_Omega_Diagnostics_Alva-1.jpg 458w" data-src="https://web.archive.org/web/20211205120130/https://i2-prod.insider.co.uk/incoming/article24040739.ece/ALTERNATES/s615/2_Omega_Diagnostics_Alva-1.jpg" alt=""></a></figure><a class="headline" href="https://web.archive.org/web/20211205120130/https://www.insider.co.uk/news/omega-diagnostics-signs-testing-deal-25344282" data-link-tracking="PostArticle|Rec|news|mostRead|title|index 2">Omega Diagnostics signs testing deal with DAM Health</a><div class="label-line"><a class="label" href="https://web.archive.org/web/20211205120130/https://www.insider.co.uk/all-about/life-sciences" data-link-tracking="PostArticle|Rec|news|mostRead|Tag|Fire|index 2">Life sciences</a><a class="description" href="https://web.archive.org/web/20211205120130/https://www.insider.co.uk/news/omega-diagnostics-signs-testing-deal-25344282" data-link-tracking="undefineddescriptionundefined">As well as Covid-19 tests, the agreement can also be broadened to other areas</a></div></div></div></div></div><div class="tab-content" data-value="mostRecent" data-tabset="all"><div class="pancake use-image-placeholders ensemble" data-group="mostRecent" data-group-index="0"><div class="teaser teaser-highlight"><figure class="section-theme-border" data-mod="image"><a href="https://web.archive.org/web/20211205120130/https://www.insider.co.uk/news/glasgow-city-council-leader-vows-25610660" data-link-tracking="PostArticle|Rec|news|mostRecent|image|index 1" aria-label="Glasgow City Council leader vows delayed projects along the Clyde won't be abandoned"><img src="/web/20211205120130im_/https://www.insider.co.uk/@trinitymirrordigital/marwood/TM/img/placeholders/transparent.png" data-src="https://web.archive.org/web/20211205120130/https://i2-prod.dailyrecord.co.uk/incoming/article25384381.ece/ALTERNATES/s615/0_JS214258240.jpg" alt=""></a></figure><a class="label section-theme-highlight" href="https://web.archive.org/web/20211205120130/https://www.insider.co.uk/all-about/glasgow-city-council" data-link-tracking="PostArticle|News|MostRecent|Tag|Fire|index 1">Glasgow City Council</a><a class="headline publication-font" href="https://web.archive.org/web/20211205120130/https://www.insider.co.uk/news/glasgow-city-council-leader-vows-25610660" data-link-tracking="PostArticle|Rec|news|mostRecent|title|index 1">Glasgow City Council leader vows delayed projects along the Clyde won't be abandoned</a><a class="description" href="https://web.archive.org/web/20211205120130/https://www.insider.co.uk/news/glasgow-city-council-leader-vows-25610660" data-link-tracking="undefineddescriptionundefined">The cost of building a new bridge between Govan and Partick has increased by 拢12m and means other plans have been deferred</a></div><div class="pancake duet secondary"><div class="teaser"><figure data-mod="image"><a href="https://web.archive.org/web/20211205120130/https://www.insider.co.uk/news/scottish-national-investment-bank-backs-25609287" data-link-tracking="PostArticle|Rec|news|mostRecent|image|index 2" aria-label="Scottish National Investment Bank backs Glasgow social housing"><img src="/web/20211205120130im_/https://www.insider.co.uk/@trinitymirrordigital/marwood/TM/img/placeholders/transparent.png" data-srcset="https://web.archive.org/web/20211205120130im_/https://i2-prod.insider.co.uk/deals-and-dealmakers/article25609241.ece/ALTERNATES/s180/0_stationwyndbannerdark2.png 180w, https://web.archive.org/web/20211205120130im_/https://i2-prod.insider.co.uk/deals-and-dealmakers/article25609241.ece/ALTERNATES/s458/0_stationwyndbannerdark2.png 458w" data-src="https://web.archive.org/web/20211205120130/https://i2-prod.insider.co.uk/deals-and-dealmakers/article25609241.ece/ALTERNATES/s615/0_stationwyndbannerdark2.png" alt=""></a></figure><a class="headline" href="https://web.archive.org/web/20211205120130/https://www.insider.co.uk/news/scottish-national-investment-bank-backs-25609287" data-link-tracking="PostArticle|Rec|news|mostRecent|title|index 2">Scottish National Investment Bank backs Glasgow social housing</a><div class="label-line"><a class="label" href="https://web.archive.org/web/20211205120130/https://www.insider.co.uk/all-about/house-building" data-link-tracking="PostArticle|Rec|news|mostRecent|Tag|Fire|index 2">House building</a><a class="description" href="https://web.archive.org/web/20211205120130/https://www.insider.co.uk/news/scottish-national-investment-bank-backs-25609287" data-link-tracking="undefineddescriptionundefined">The Station Wynd site, immediately adjacent to Nitshill train station, has been derelict for some time</a></div></div><div class="teaser"><figure data-mod="image"><a href="https://web.archive.org/web/20211205120130/https://www.insider.co.uk/deals-and-dealmakers/tn-international-acquires-chesterfelt-multi-25608413" data-link-tracking="PostArticle|Rec|news|mostRecent|image|index 3" aria-label="TN International acquires Chesterfelt in multi-million pound deal"><img src="/web/20211205120130im_/https://www.insider.co.uk/@trinitymirrordigital/marwood/TM/img/placeholders/transparent.png" data-srcset="https://web.archive.org/web/20211205120130im_/https://i2-prod.insider.co.uk/incoming/article25608352.ece/ALTERNATES/s180/0_Theresa-McLean28.jpg 180w, https://web.archive.org/web/20211205120130im_/https://i2-prod.insider.co.uk/incoming/article25608352.ece/ALTERNATES/s458/0_Theresa-McLean28.jpg 458w" data-src="https://web.archive.org/web/20211205120130/https://i2-prod.insider.co.uk/incoming/article25608352.ece/ALTERNATES/s615/0_Theresa-McLean28.jpg" alt=""></a></figure><a class="headline" href="https://web.archive.org/web/20211205120130/https://www.insider.co.uk/deals-and-dealmakers/tn-international-acquires-chesterfelt-multi-25608413" data-link-tracking="PostArticle|Rec|news|mostRecent|title|index 3">TN International acquires Chesterfelt in multi-million pound deal</a><div class="label-line"><a class="label" href="https://web.archive.org/web/20211205120130/https://www.insider.co.uk/all-about/construction" data-link-tracking="PostArticle|Rec|news|mostRecent|Tag|Fire|index 3">Construction</a><a class="description" href="https://web.archive.org/web/20211205120130/https://www.insider.co.uk/deals-and-dealmakers/tn-international-acquires-chesterfelt-multi-25608413" data-link-tracking="undefineddescriptionundefined">The company confirmed there will be no job losses following the deal</a></div></div><div class="teaser"><figure data-mod="image"><a href="https://web.archive.org/web/20211205120130/https://www.insider.co.uk/news/iomart-secures-new-100-million-25607801" data-link-tracking="PostArticle|Rec|news|mostRecent|image|index 4" aria-label="Iomart secures new 拢100 million credit facility"><img src="/web/20211205120130im_/https://www.insider.co.uk/@trinitymirrordigital/marwood/TM/img/placeholders/transparent.png" data-srcset="https://web.archive.org/web/20211205120130im_/https://i2-prod.dailyrecord.co.uk/incoming/article11257358.ece/ALTERNATES/s180/iomart.jpg 180w, https://web.archive.org/web/20211205120130im_/https://i2-prod.dailyrecord.co.uk/incoming/article11257358.ece/ALTERNATES/s458/iomart.jpg 458w" data-src="https://web.archive.org/web/20211205120130/https://i2-prod.dailyrecord.co.uk/incoming/article11257358.ece/ALTERNATES/s615/iomart.jpg" alt=""></a></figure><a class="headline" href="https://web.archive.org/web/20211205120130/https://www.insider.co.uk/news/iomart-secures-new-100-million-25607801" data-link-tracking="PostArticle|Rec|news|mostRecent|title|index 4">Iomart secures new 拢100 million credit facility</a><div class="label-line"><a class="label" href="https://web.archive.org/web/20211205120130/https://www.insider.co.uk/all-about/science-technology" data-link-tracking="PostArticle|Rec|news|mostRecent|Tag|Fire|index 4">Science & Technology</a><a class="description" href="https://web.archive.org/web/20211205120130/https://www.insider.co.uk/news/iomart-secures-new-100-million-25607801" data-link-tracking="undefineddescriptionundefined">Four major banks have backed the company's additional liquidity</a></div></div><div class="teaser"><figure data-mod="image"><a href="https://web.archive.org/web/20211205120130/https://www.insider.co.uk/deals-and-dealmakers/hayward-tyler-acquires-transkem-25607332" data-link-tracking="PostArticle|Rec|news|mostRecent|image|index 5" aria-label="Hayward Tyler acquires Transkem"><img src="/web/20211205120130im_/https://www.insider.co.uk/@trinitymirrordigital/marwood/TM/img/placeholders/transparent.png" data-srcset="https://web.archive.org/web/20211205120130im_/https://i2-prod.dailyrecord.co.uk/incoming/article22321244.ece/ALTERNATES/s180/0_company-boost.jpg 180w, https://web.archive.org/web/20211205120130im_/https://i2-prod.dailyrecord.co.uk/incoming/article22321244.ece/ALTERNATES/s458/0_company-boost.jpg 458w" 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operation</a></div></div></div></div></div></div></div></div></section> <section class="top-stories section-theme-border"><div class="headline"><a class="publication-theme-indicator publication-font publication-theme-hover" href="/web/20211205120130/https://www.insider.co.uk/">Top Stories</a></div><div class="pancake use-image-placeholders quartet" data-group="topStories" data-group-index="0"><div class="teaser"><figure data-mod="image"><a href="https://web.archive.org/web/20211205120130/https://www.insider.co.uk/news/shell-pulls-out-cambo-oil-25605652" data-link-tracking="PostArticle|Rec|news|topStories|image|index 1" aria-label="Shell pulls out of Cambo oil field development"><img src="/web/20211205120130im_/https://www.insider.co.uk/@trinitymirrordigital/marwood/TM/img/placeholders/transparent.png" data-srcset="https://web.archive.org/web/20211205120130im_/https://i2-prod.dailyrecord.co.uk/incoming/article25604207.ece/ALTERNATES/s180/0_JS249615970.jpg 180w, 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4">Construction</a><a class="description" href="https://web.archive.org/web/20211205120130/https://www.insider.co.uk/deals-and-dealmakers/tn-international-acquires-chesterfelt-multi-25608413" data-link-tracking="undefineddescriptionundefined">The company confirmed there will be no job losses following the deal</a></div></div><div class="teaser"><figure data-mod="image"><a href="https://web.archive.org/web/20211205120130/https://www.insider.co.uk/news/iomart-secures-new-100-million-25607801" data-link-tracking="PostArticle|Rec|news|topStories|image|index 5" aria-label="Iomart secures new 拢100 million credit facility"><img src="/web/20211205120130im_/https://www.insider.co.uk/@trinitymirrordigital/marwood/TM/img/placeholders/transparent.png" data-srcset="https://web.archive.org/web/20211205120130im_/https://i2-prod.dailyrecord.co.uk/incoming/article11257358.ece/ALTERNATES/s180/iomart.jpg 180w, https://web.archive.org/web/20211205120130im_/https://i2-prod.dailyrecord.co.uk/incoming/article11257358.ece/ALTERNATES/s220b/iomart.jpg 220w, https://web.archive.org/web/20211205120130im_/https://i2-prod.dailyrecord.co.uk/incoming/article11257358.ece/ALTERNATES/s270b/iomart.jpg 270w" data-src="https://web.archive.org/web/20211205120130/https://i2-prod.dailyrecord.co.uk/incoming/article11257358.ece/ALTERNATES/s615/iomart.jpg" alt=""></a></figure><a class="headline" href="https://web.archive.org/web/20211205120130/https://www.insider.co.uk/news/iomart-secures-new-100-million-25607801" data-link-tracking="PostArticle|Rec|news|topStories|title|index 5">Iomart secures new 拢100 million credit facility</a><div class="label-line"><a class="label" href="https://web.archive.org/web/20211205120130/https://www.insider.co.uk/all-about/science-technology" data-link-tracking="PostArticle|Rec|news|topStories|Tag|Fire|index 5">Science & Technology</a><a class="description" href="https://web.archive.org/web/20211205120130/https://www.insider.co.uk/news/iomart-secures-new-100-million-25607801" data-link-tracking="undefineddescriptionundefined">Four major banks have backed the company's additional liquidity</a></div></div><div class="teaser"><figure data-mod="image"><a href="https://web.archive.org/web/20211205120130/https://www.insider.co.uk/deals-and-dealmakers/abrdn-confirms-149-billion-acquisition-25598402" data-link-tracking="PostArticle|Rec|news|topStories|image|index 6" aria-label="Abrdn confirms 拢1.49 billion acquisition of Interactive Investor"><img src="/web/20211205120130im_/https://www.insider.co.uk/@trinitymirrordigital/marwood/TM/img/placeholders/transparent.png" data-srcset="https://web.archive.org/web/20211205120130im_/https://i2-prod.insider.co.uk/news/article25364770.ece/ALTERNATES/s180/0_Stephen-Bird-Preferred_1.jpg 180w, https://web.archive.org/web/20211205120130im_/https://i2-prod.insider.co.uk/news/article25364770.ece/ALTERNATES/s220b/0_Stephen-Bird-Preferred_1.jpg 220w, https://web.archive.org/web/20211205120130im_/https://i2-prod.insider.co.uk/news/article25364770.ece/ALTERNATES/s270b/0_Stephen-Bird-Preferred_1.jpg 270w" data-src="https://web.archive.org/web/20211205120130/https://i2-prod.insider.co.uk/news/article25364770.ece/ALTERNATES/s615/0_Stephen-Bird-Preferred_1.jpg" alt=""></a></figure><a class="headline" href="https://web.archive.org/web/20211205120130/https://www.insider.co.uk/deals-and-dealmakers/abrdn-confirms-149-billion-acquisition-25598402" data-link-tracking="PostArticle|Rec|news|topStories|title|index 6">Abrdn confirms 拢1.49 billion acquisition of Interactive Investor</a><div class="label-line"><a class="label" href="https://web.archive.org/web/20211205120130/https://www.insider.co.uk/all-about/financial-services" data-link-tracking="PostArticle|Rec|news|topStories|Tag|Fire|index 6">Financial services</a><a class="description" href="https://web.archive.org/web/20211205120130/https://www.insider.co.uk/deals-and-dealmakers/abrdn-confirms-149-billion-acquisition-25598402" data-link-tracking="undefineddescriptionundefined">Chief executive and team will stay on, with company operating as a standalone within personal finance division</a></div></div><div class="teaser"><figure data-mod="image"><a href="https://web.archive.org/web/20211205120130/https://www.insider.co.uk/news/cavendish-nuclear-awarded-20-million-25606287" data-link-tracking="PostArticle|Rec|news|topStories|image|index 7" aria-label="Cavendish Nuclear awarded 拢20 million Dounreay contract"><img src="/web/20211205120130im_/https://www.insider.co.uk/@trinitymirrordigital/marwood/TM/img/placeholders/transparent.png" data-srcset="https://web.archive.org/web/20211205120130im_/https://i2-prod.insider.co.uk/incoming/article23778551.ece/ALTERNATES/s180/1_unnamed.jpg 180w, https://web.archive.org/web/20211205120130im_/https://i2-prod.insider.co.uk/incoming/article23778551.ece/ALTERNATES/s220b/1_unnamed.jpg 220w, https://web.archive.org/web/20211205120130im_/https://i2-prod.insider.co.uk/incoming/article23778551.ece/ALTERNATES/s270b/1_unnamed.jpg 270w" data-src="https://web.archive.org/web/20211205120130/https://i2-prod.insider.co.uk/incoming/article23778551.ece/ALTERNATES/s615/1_unnamed.jpg" alt=""></a></figure><a class="headline" href="https://web.archive.org/web/20211205120130/https://www.insider.co.uk/news/cavendish-nuclear-awarded-20-million-25606287" data-link-tracking="PostArticle|Rec|news|topStories|title|index 7">Cavendish Nuclear awarded 拢20 million Dounreay contract</a><div class="label-line"><a class="label" href="https://web.archive.org/web/20211205120130/https://www.insider.co.uk/all-about/energy" data-link-tracking="PostArticle|Rec|news|topStories|Tag|Fire|index 7">Energy</a><a class="description" href="https://web.archive.org/web/20211205120130/https://www.insider.co.uk/news/cavendish-nuclear-awarded-20-million-25606287" data-link-tracking="undefineddescriptionundefined">The project covers design, manufacture, installation and commissioning over a five year timeframe</a></div></div><div class="teaser"><figure data-mod="image"><a href="https://web.archive.org/web/20211205120130/https://www.insider.co.uk/news/natwest-among-british-banks-fined-25600569" data-link-tracking="PostArticle|Rec|news|topStories|image|index 8" aria-label="NatWest among British banks fined by EU for foreign exchange cartel"><img src="/web/20211205120130im_/https://www.insider.co.uk/@trinitymirrordigital/marwood/TM/img/placeholders/transparent.png" data-srcset="https://web.archive.org/web/20211205120130im_/https://i2-prod.dailyrecord.co.uk/incoming/article23836310.ece/ALTERNATES/s180/4_RBS-shareholder-committeejpeg.jpg 180w, https://web.archive.org/web/20211205120130im_/https://i2-prod.dailyrecord.co.uk/incoming/article23836310.ece/ALTERNATES/s220b/4_RBS-shareholder-committeejpeg.jpg 220w, https://web.archive.org/web/20211205120130im_/https://i2-prod.dailyrecord.co.uk/incoming/article23836310.ece/ALTERNATES/s270b/4_RBS-shareholder-committeejpeg.jpg 270w" data-src="https://web.archive.org/web/20211205120130/https://i2-prod.dailyrecord.co.uk/incoming/article23836310.ece/ALTERNATES/s615/4_RBS-shareholder-committeejpeg.jpg" alt=""></a></figure><a class="headline" href="https://web.archive.org/web/20211205120130/https://www.insider.co.uk/news/natwest-among-british-banks-fined-25600569" data-link-tracking="PostArticle|Rec|news|topStories|title|index 8">NatWest among British banks fined by EU for foreign exchange cartel</a><div class="label-line"><a class="label" href="https://web.archive.org/web/20211205120130/https://www.insider.co.uk/all-about/banking-finance" data-link-tracking="PostArticle|Rec|news|topStories|Tag|Fire|index 8">Banking & Finance</a><a class="description" href="https://web.archive.org/web/20211205120130/https://www.insider.co.uk/news/natwest-among-british-banks-fined-25600569" data-link-tracking="undefineddescriptionundefined">Four banks have been fined a combined 拢293m by the European Commission</a></div></div><div class="teaser"><figure data-mod="image"><a href="https://web.archive.org/web/20211205120130/https://www.insider.co.uk/deals-and-dealmakers/hayward-tyler-acquires-transkem-25607332" data-link-tracking="PostArticle|Rec|news|topStories|image|index 9" aria-label="Hayward Tyler acquires Transkem"><img src="/web/20211205120130im_/https://www.insider.co.uk/@trinitymirrordigital/marwood/TM/img/placeholders/transparent.png" data-srcset="https://web.archive.org/web/20211205120130im_/https://i2-prod.dailyrecord.co.uk/incoming/article22321244.ece/ALTERNATES/s180/0_company-boost.jpg 180w, https://web.archive.org/web/20211205120130im_/https://i2-prod.dailyrecord.co.uk/incoming/article22321244.ece/ALTERNATES/s220b/0_company-boost.jpg 220w, https://web.archive.org/web/20211205120130im_/https://i2-prod.dailyrecord.co.uk/incoming/article22321244.ece/ALTERNATES/s270b/0_company-boost.jpg 270w" data-src="https://web.archive.org/web/20211205120130/https://i2-prod.dailyrecord.co.uk/incoming/article22321244.ece/ALTERNATES/s615/0_company-boost.jpg" alt=""></a></figure><a class="headline" href="https://web.archive.org/web/20211205120130/https://www.insider.co.uk/deals-and-dealmakers/hayward-tyler-acquires-transkem-25607332" data-link-tracking="PostArticle|Rec|news|topStories|title|index 9">Hayward Tyler acquires Transkem</a><div class="label-line"><a class="label" href="https://web.archive.org/web/20211205120130/https://www.insider.co.uk/all-about/engineering" data-link-tracking="PostArticle|Rec|news|topStories|Tag|Fire|index 9">Engineering</a><a class="description" href="https://web.archive.org/web/20211205120130/https://www.insider.co.uk/deals-and-dealmakers/hayward-tyler-acquires-transkem-25607332" data-link-tracking="undefineddescriptionundefined">The deal will see the acquired company's managing director head up the combined operation</a></div></div><div class="teaser"><figure data-mod="image"><a href="https://web.archive.org/web/20211205120130/https://www.insider.co.uk/news/virgin-money-announces-property-closures-25599708" data-link-tracking="PostArticle|Rec|news|topStories|image|index 10" aria-label="Virgin Money announces property closures as it switches to flexible working"><img src="/web/20211205120130im_/https://www.insider.co.uk/@trinitymirrordigital/marwood/TM/img/placeholders/transparent.png" data-srcset="https://web.archive.org/web/20211205120130im_/https://i2-prod.dailyrecord.co.uk/incoming/article20823807.ece/ALTERNATES/s180/1_177-Bothwell-St-External.jpg 180w, https://web.archive.org/web/20211205120130im_/https://i2-prod.dailyrecord.co.uk/incoming/article20823807.ece/ALTERNATES/s220b/1_177-Bothwell-St-External.jpg 220w, https://web.archive.org/web/20211205120130im_/https://i2-prod.dailyrecord.co.uk/incoming/article20823807.ece/ALTERNATES/s270b/1_177-Bothwell-St-External.jpg 270w" data-src="https://web.archive.org/web/20211205120130/https://i2-prod.dailyrecord.co.uk/incoming/article20823807.ece/ALTERNATES/s615/1_177-Bothwell-St-External.jpg" alt=""></a></figure><a class="headline" href="https://web.archive.org/web/20211205120130/https://www.insider.co.uk/news/virgin-money-announces-property-closures-25599708" data-link-tracking="PostArticle|Rec|news|topStories|title|index 10">Virgin Money announces property closures as it switches to flexible working</a><div class="label-line"><a class="label" href="https://web.archive.org/web/20211205120130/https://www.insider.co.uk/all-about/banking-finance" data-link-tracking="PostArticle|Rec|news|topStories|Tag|Fire|index 10">Banking & Finance</a><a class="description" href="https://web.archive.org/web/20211205120130/https://www.insider.co.uk/news/virgin-money-announces-property-closures-25599708" data-link-tracking="undefineddescriptionundefined">Glasgow changes are being made to accommodate the move to 177 Bothwell Street by the end of 2023</a></div></div><div class="teaser"><figure data-mod="image"><a href="https://web.archive.org/web/20211205120130/https://www.insider.co.uk/news/ashfield-land-sells-pyramids-business-25598856" data-link-tracking="PostArticle|Rec|news|topStories|image|index 11" aria-label="Ashfield Land sells Pyramids Business Park to London & Regional"><img src="/web/20211205120130im_/https://www.insider.co.uk/@trinitymirrordigital/marwood/TM/img/placeholders/transparent.png" data-srcset="https://web.archive.org/web/20211205120130im_/https://i2-prod.insider.co.uk/incoming/article25598837.ece/ALTERNATES/s180/0_image001.png 180w, https://web.archive.org/web/20211205120130im_/https://i2-prod.insider.co.uk/incoming/article25598837.ece/ALTERNATES/s220b/0_image001.png 220w, https://web.archive.org/web/20211205120130im_/https://i2-prod.insider.co.uk/incoming/article25598837.ece/ALTERNATES/s270b/0_image001.png 270w" data-src="https://web.archive.org/web/20211205120130/https://i2-prod.insider.co.uk/incoming/article25598837.ece/ALTERNATES/s615/0_image001.png" alt=""></a></figure><a class="headline" href="https://web.archive.org/web/20211205120130/https://www.insider.co.uk/news/ashfield-land-sells-pyramids-business-25598856" data-link-tracking="PostArticle|Rec|news|topStories|title|index 11">Ashfield Land sells Pyramids Business Park to London & Regional</a><div class="label-line"><a class="label" href="https://web.archive.org/web/20211205120130/https://www.insider.co.uk/all-about/commercial-property" data-link-tracking="PostArticle|Rec|news|topStories|Tag|Fire|index 11">Commercial property</a><a class="description" href="https://web.archive.org/web/20211205120130/https://www.insider.co.uk/news/ashfield-land-sells-pyramids-business-25598856" data-link-tracking="undefineddescriptionundefined">The Bathgate site has become a platform for film and TV production</a></div></div><div class="teaser"><figure data-mod="image"><a href="https://web.archive.org/web/20211205120130/https://www.insider.co.uk/news/details-revealed-2-billion-west-25598569" data-link-tracking="PostArticle|Rec|news|topStories|image|index 12" aria-label="Details revealed for 拢2 billion West Town Edinburgh development"><img src="/web/20211205120130im_/https://www.insider.co.uk/@trinitymirrordigital/marwood/TM/img/placeholders/transparent.png" data-srcset="https://web.archive.org/web/20211205120130im_/https://i2-prod.insider.co.uk/incoming/article25598550.ece/ALTERNATES/s180/0_Graeme-Bone-L-and-Sir-Bill-Gammell-R-Unveil-the-New-Vision-for-West-Town.jpg 180w, https://web.archive.org/web/20211205120130im_/https://i2-prod.insider.co.uk/incoming/article25598550.ece/ALTERNATES/s220b/0_Graeme-Bone-L-and-Sir-Bill-Gammell-R-Unveil-the-New-Vision-for-West-Town.jpg 220w, https://web.archive.org/web/20211205120130im_/https://i2-prod.insider.co.uk/incoming/article25598550.ece/ALTERNATES/s270b/0_Graeme-Bone-L-and-Sir-Bill-Gammell-R-Unveil-the-New-Vision-for-West-Town.jpg 270w" data-src="https://web.archive.org/web/20211205120130/https://i2-prod.insider.co.uk/incoming/article25598550.ece/ALTERNATES/s615/0_Graeme-Bone-L-and-Sir-Bill-Gammell-R-Unveil-the-New-Vision-for-West-Town.jpg" alt=""></a></figure><a class="headline" href="https://web.archive.org/web/20211205120130/https://www.insider.co.uk/news/details-revealed-2-billion-west-25598569" data-link-tracking="PostArticle|Rec|news|topStories|title|index 12">Details revealed for 拢2 billion West Town Edinburgh development</a><div class="label-line"><a class="label" href="https://web.archive.org/web/20211205120130/https://www.insider.co.uk/all-about/property" data-link-tracking="PostArticle|Rec|news|topStories|Tag|Fire|index 12">Property</a><a class="description" href="https://web.archive.org/web/20211205120130/https://www.insider.co.uk/news/details-revealed-2-billion-west-25598569" data-link-tracking="undefineddescriptionundefined">Consortium plans to build 7,000 new homes and create a new 20 minute neighbourhood</a></div></div></div></section> </main> <script 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