News

New information released by TSB has revealed the bank's plan to reduce hours at around 70 branches in Scotland, while closing two premises in Edinburgh, one in Keith and one in Aberdeen. A TSB spokesman said employees would be offered options about their employment, and insisted there would no job l

Edinburgh-based global investment management partnership Baillie Gifford has introduced a new parental leave policy which offers up to 52 weeks leave to any employee becoming a parent, irrespective of gender and length of service. The policy offers choice and flexibility to all new parents at t

People who do not have access to a bank account pay an extra £485 a year for everyday bills and services, it has been revealed.

New research by KPMG has revealed that at a time when competition for talent is fierce, 65 per cent of the UK’s population would not consider taking a role in financial services, with the main reason being the perception that it is boring, and more than two out of five of those who do enter th

The Institute of Chartered Accountants of Scotland (ICAS) has entered a strategic partnership with Edinburgh-headquartered team behind Amiqus ID to ensure that its members have a straightforward way to move paper-based compliance procedures online. Amiqus ID verification software is currently used b

Scottish shares on the FTSE outperformed the wider market during the first three months of 2019 but their AIM-listed counterparts significantly underperformed the index, according to analysis from Brewin Dolphin. The wealth manager found that Scottish organisations listed on the main market ended Ma

Latest annual results for the Standard Life Investments Property Income Trust’s show that the portfolio has grown in value to almost £500 million, largely as a result of focusing on the industrial sector over retail assets. Its annual results show the value of the trust at the

James Lloyd, partner at Harper Macleod, explains how the requirement for homeowners to remortgage or sell their property at the end of a trust deed to realise the capital is catching people out  

Scottish law firm Shepherd and Wedderburn has elected Andrew Blain as its new managing partner. Mr Blain, who will assume the role on 1 May, has been a member of Shepherd and Wedderburn’s board since 2009 as divisional director of the corporate division.

Royal Bank of Scotland subsidiary NatWest has today released its latest set of Growth Funding figures, with the lender revealing that £2.9bn of the already-expanded £3bn pot has been approved for investment. The Growth Funding package will be immediately doubled to £6bn and will he

Market research company Censuswide has found that a third of people living in England would reject Scottish bank notes as fake.

Scott-Moncrieff, Scotland’s longest established accountancy firm, is to join forces with Campbell Dallas to become part of the fast-growing CogitalGroup. The deal, which is for an undisclosed sum, will see all 16 Scott-Moncrieff partners and 220 staff transfer, creating one of Scotland’s

The UK's competition regulator has shied away from meaningful change of the accountancy industry after ignoring recommendations for a major shake-up in a move critics have described as a missed “golden opportunity”.

The health of the Scottish economy weakened considerably in the first quarter of this year against the backdrop of an uncertain global environment and the cloud of Brexit hanging over the UK economy, the latest Scottish Chambers of Commerce Quarterly Economic Indicator survey for Q1 of 2019 shows. T

The impact Brexit is having on people working in the UK's financial services industry has been revealed by data collected by Artificial Intelligence platform, Talent Ticker.