News

Millions of savers have suffered at the hands of the National Savings and Investments (NS&I) bank after it cut payouts on accounts and Premium Bonds.

Two Scottish entrepreneurs who created the pet food brand Bella & Duke are embarking on a sales and marketing push after securing a £100, 000 loan from UMi Debt Finance Scotland. Chief executive Mark Scott and chief operating officer Tony Ottley founded Blairgowrie-based Bella & Duke w

Moneybarn, the car financing arm of Provident Financial, is facing a £2.8 million fine from the Financial Conduct Authority (FCA).

Willo, a Glasgow-based start-up company and video interviewing platform, has received a £20,000 from Scottish Enterprise. Willo allows businesses to screen candidates in a flexible, convenient video-based method. Candidates record personal answers to interview questions, which businesses can e

North east-based Phil Anderson Financial Services has donated £1,000 to Aberdeen Cyrenians after it matched a donation made by Skipton Building Society.

Deputy First Minister John Swinney has announced up to £9.5 million of new funding to strengthen Scotland’s position in precision medicine.

Scottish unemployment decreased by 14,000 to 96,000 in the final quarter of last year, according to the latest Office for National Statistics (ONS) Labour Market Overview. The unemployment rate for people aged 16 and over currently stands at 3.5%, compared with 3.8% for the rest of the UK collective

The Financial Conduct Authority (FCA) has today published its annual Sector Views, an assessment of the risks and potential harm to consumers across financial services markets. The Sector Views look at the impact of macroeconomic developments and common drivers of change emerging across financial ma

The Financial Reporting Council (FRC) has today published guidance for companies on disclosure of risks and other reporting consequences arising from the emergence and spread of Coronavirus (COVID-19). The regulator is also discussing with audit firms whether the virus affects their ability to revie

A polygamist with three wives and ten children has told a court that he helped to defraud the US government of nearly $470 million (€434m).

Keith Skeoch, CEO of Standard Life Aberdeen, has been appointed chair of the Investment Association’s (IA) board. Mr Skeoch replaces Peter Harrison, group CEO of Schroders, as chair after his three-year term comes to an end.

It is expected that the UK Government will sell more of its stake in the Royal Bank of Scotland after the bank unveiled strong financial results last week. The bank's chairman Sir Howard Davies raised expectations for the government action when he said that he expected the government to mo

Murray Income Trust, owned by Aberdeen Standard Investments, has posted strong interim results with net asset value rising by 9.0%. The trust's share price total return was 7.7%, meaning both the company's net asset value and share price total return outperformed the FTSE All-Share Index return of 5

As Lloyds Banking Group prepares to post its final PPI bill this week, analysts estimate that Lloyds will be hit by a £2.5 billion charge for 2019.

Scottish banks have been ranked lowest for customer service in the latest Competition and Market Authority (CMA) analysis.