News

Scottish-based property investor The Regional REIT has let a Glasgow city centre-based office as part of a trio of deals which has earned the company over £486,691 in annual income. The company has let out the fourth floor of the Templeton Business Centre in Glasgow to Cornerstone Community Ca

The new IR35 ‘Off-payroll working rules’ rules due to come into force next year could cause a major increase in employee costs and trigger major cash flow problems for larger companies that routinely use contractors, Campbell Dallas has warned. Craig Coyle, a corporate tax partner with C

The Scottish Parliament’s Economy, Energy and Fair Work Committee is seeking views as part of its inquiry into Protected Trust Deeds (PTDs). Protected Trust Deeds are a type of insolvency, similar to bankruptcy, which commits the debtor to an agreed payment schedule in return for a substantial

Goldminer Scotgold Resources has responded to reports which have cast doubt on the company's finances and ability to fund its exploration programme. In a recent announcement, Scotgold's board said that: "The Directors of the Company remain confident that all of the Company’s financial commitme

Which? has tracked a range of popular products included in last year’s Black Friday sales and found that 95% were available cheaper or the same price from the same retailer at least once in the six months that followed.

The Financial Conduct Authority (FCA) has today announced it will ban the mass marketing of speculative mini-bonds to retail customers. Ahead of the upcoming ISA season, the FCA is introducing the restriction without consultation, using its product intervention powers. The restriction will come into

A French cattle farmer has been fined €6,000 because of the smell of dung and hay on his farm.

Barclays has provided a £25 million funding package to whisky producer Isle of Arran Distillers to help the company develop its second distillery on the island in the village of Lagg, which officially opened its doors in June this year. The funding supports the company’s growth stra

Cornelian Asset Managers has been sold to Brooks Macdonald for a fee of up to £39 million. It was revealed in a stockmarket announcement, that Brooks Macdonald has acquired 100% of Cornelian's issued share capital from its shareholders, including senior management.

The Royal Bank of Scotland (RBS) could face a multi-million payout over its refusal to distribute successful payment protection insurance (PPI) mis-selling claims to those who have been insolvent. The potential multi-million-pound payout comes after judges at the Court of Session threw out an appeal

Virgin Money has been hit with a bill of £450m from PPI mis-selling compensation. The bill is expected to deepen the firm's multi-million-pound losses, which will significantly impact its expansion plans.

Nationwide Building Society has seen a decline of 40% in profits following a late surge in payment protection insurance (PPI) claims and substantial investment in company infrastructure. Nationwide faced charges of £36 million for PPI compensation as a surge of customers claimed for compensati

The SNP has backed interest rate action on credit cards and payday loans. The party has said that the new action would see lower maximum costs on 450,000 payday loans a year.

Retail water supplier Brightwater has appointed former Standard Life Bank employee Carron Henley to its advisory board. Ms Henley will provide guidance and support to the Brightwater’s executive team as it focuses on further growth across the Scottish retail water market.

TSB has announced that it will close 82 branches as part of its new strategy.  The closures will reduce the bank's branch network from 540 to 454.