News

As part of Lloyds Banking Group’s national pledge to lend up to £18 billion to UK businesses in 2020, the group will support firms in Scotland with up to £1.6bn of lending this year. The group said this promise highlights its commitment to be by the side of British business whateve

BP has agreed to sell a package of its North Sea assets to Premier Oil for a price of £474 million.

Semiconductor manufacturer Diodes Incorporated has received a £13.7 million funding package from Scottish Enterprise towards a £47m project enabling its future growth in Greenock. The grant was announced yesterday by First Minister Nicola Sturgeon.

For the first time in six years, consumers have repaid more credit card debt than they have borrowed, according to new data collected by the Bank of England. 

The Chartered Institute of Taxation (CIOT) has said that the UK Budget date of 11 March has left Scotland with little room for manoeuvre. Alexander Garden, chair of the CIOT's Scottish Technical Committee, said: "A UK Budget on 11 March leaves MSPs with just a few days to react to changes made

Finance manager Joe McBridge has been appointed as the new chief executive officer of Williamsburgh Housing Association. Mr McBride originally joined the senior management team of Williamsburgh Housing Association as finance manager in February 2002.

Nick Halfhide, director of sustainable growth at Scottish Natural Heritage, has been appointed interim chief executive of South of Scotland Enterprise, the new agency regenerating the economy of the South of Scotland. Mr Halfhide will take on the role from 3 February until a permanent appointme

Isolated refugee children, patients with incurable blood cancer, and families facing hardship are amongst those benefitting from donations to five Edinburgh charities, totalling £18,300, by Aberdeen Standard Investments Charitable Foundation. One charity which has gained from the support is Ju

The Financial Conduct Authority (FCA) and the Bank of England (BoE) today outlined their proposals for data reforms across the UK financial sector. Both authorities have outlined their plans to develop their data and analytics capabilities. The FCA and BoE both depend on access to high-quality data

Kinloss-based Wooha Brewing Company has launched an ambitious £600,000 crowdfunding campaign to help achieve its international expansion goals.

Citizens Advice Scotland (CAS) has cautiously welcomed new rules around bank overdrafts but is warning that the changes could hit some people in the pocket in 2020.

ExxonMobil has announced that it will allow drivers to pay for their gas through Alexa.

Anderson Anderson & Brown LLP (AAB) successfully completed a record 70 transactions in 2019, with a combined total deal value exceeding £500 million. AAB's deal activity during 2019 covers a range of sectors including energy - upstream E&P and oilfield services - food & drink, cons

Hampden & Co has received £30 million of Smith & Williamson loan book following the decision made in 2019 for the financial and professional services group to relinquish its banking licence. The private bank also expects to build its relationship with Smith & Williamson and its cli

A management reshuffle has occurred at accountancy firm RSM following the discovery of an error in its accounts.  RSM scored a major win last year when it was appointed as auditor to Sports Direct. However, the company's accounts for the year to 31st March revealed that the firm had made e