News

The board of Phoenix Group Holdings plc, which owns Standard Life Assurance, has announced that Andy Briggs will be its new group chief executive following the retirement of Clive Bannister. Phoenix Group Holdings purchased Standard Life Assurance last year and in the process took on thousands of st

Buccleuch Property has sold its Quadron development in Dartford to Aberdeen Standard Investments for £12.1 million.  The 41,500 sq ft buildings, located at the Bridge in Dartford, were fully pre-let during construction to Network Rail.

Glasgow-based Brewgooder is calling on hundreds of craft breweries to join its ‘Global Gathering’, a collaborative brewing project on a mission to raise £250,000 to help provide clean water for 100,000 people in developing countries. Launching today, Brewgooder is aiming to partner

Apple is currently facing an investigation by New York's financial regulator after complaints were filed that its Apple Card gives men more credit than women.

Specialist lender and savings bank Paragon has announced the appointment of Fraser Tilley as a new regional asset finance director for Scotland. Mr Tilley joins from Santander, where he spent nine years as Scottish regional director for asset finance, leading the business in growing the commercial l

Swedish Fintech iZettle has appointed Sam Kemp and Sophie Goddard as managers in its Edinburgh office. iZettle is a digital commerce solution for SMEs, with products including a contactless card device through which people can give money to buskers rather than saying they have no change.

Royal Bank of Scotland has announced plans to launch the UK's first "social bond" to address regional inequality and boost economic growth. The new bond, which will be priced later today, will be the first bond in the UK issued under the International Capital Market Association's (ICMA) Social Bond

According to the latest Royal Bank of Scotland Report on Jobs, the Scottish labour market weakened during October. The report also highlighted that permanent placements fell for the fourth consecutive month and at the quickest rate since January 2017 and temp billings growth continued but softened t

MHA Henderson Loggie has been named "Best Tax & Accountancy Firm" by Europe’s largest network of independent games developers and publishers. The annual TIGA awards in London celebrate the best in creativity, innovation and business in the video games industry.

The Co-operative Bank has been hit with a bill of £118.6 million for the mis-selling of payment protection insurance (PPI). The PPI compensation payments pulled the bank further into debt, as it fell to £118.6m for the three months to September 30th, compared with an £87m loss a ye

Prime Minister Boris Johnson has pledged a major review of whisky duty if his Conservative Party wins the general election next month. Mr Johnson announced the move and signalled potential tax breaks for the industry on a visit to the Diageo-owned Roseisle Maltings distillery outside Elgin, The Pres

Corporate, banking and finance lawyer Sherif Hampton has joined Excello Law as a finance specialist. Mr Hampton qualified in 2009 and has worked at several global law firms including Jones Day and Ashurst.

A university has told students they can reduce their outstanding parking fines by donating peanut butter and jam.

Finance management company Foresight Group has opened an office in Edinburgh's George Street to support the deployments of the £20 million Foresight Scottish Growth Fund. Earlier in 2019, the Scottish Government announced the appointment of Foresight as one of the equity fund managers to

A team from Grant Thornton Corporate Finance has led the sale of Ayr-based McConechy's Tyre Service Ltd to Halfords Group Plc. Founded in 1957, McConechy's Tyre Services Ltd is one of Scotland's largest tyre fitting and car repairs companies. It has grown to a chain of 60 branches in Scotland and No