News

Building activity has fallen at the second-fastest rate since April 2009, new figures have revealed.

Edinburgh-based fintech Paysend has launched Paysend Connect, a business account in collaboration with Crassula, an open banking software provider. The collaboration will also enable businesses to provide fintech solutions to their customers.

The Government Actuary has confirmed that the discount rate in Scotland remains unchanged at -0.75% following the completion of his review. A report has been prepared in accordance with the Damages (Investment Returns and Periodical Payments) (Scotland) Act 2019 and follows from the September 2018 r

Mastercard has announced the arrival of Threat Scan, a global service which helps banks to find potential vulnerabilities in their authorisation systems.

A group of cryptocurrency exchanges have come together to create the Crypto Currency Council to bring clarity to the regulatory rules surrounding the trading of digital assets.

British public relations company Quatro is to open its first base in Scotland.

Dentons is to defend the Royal Bank of Scotland (RBS) over allegations the bank's staff falsified a customer’s loan documents, The Lawyer reports.

Loans providing financial support to farmers ahead of Brexit will arrive in bank accounts from October 4th, the Scottish Government announced yesterday.

A former Chinese mayor could face the death penalty after thirteen tons of gold worth £300 million and $20 billion of cash were found at his home.

The Financial Conduct Authority (FCA) has fined The Prudential Assurance Company Limited (Prudential) £23,875,000 for failures related to non-advised sales of annuities. Between July 2008 and September 2017, Prudential’s non-advised annuity business focused on selling annuities directly

Law firm Burges Salmon has appointed Stuart McMillan as a partner in its banking team in Edinburgh. Prior to joining Burges Salmon, Mr McMillan was a partner at DLA Piper in Scotland, based in its Edinburgh office. He advises a wide range of banks and borrowers in project finance (including PFI/PPP

The Financial Reporting Council (FRC) has strengthened its Going Concern audit standard. The FRC revised its Going Concern standard in response to recent enforcement cases and well-publicised corporate failures where the auditor’s report failed to highlight concerns about the prospects of enti

The owner of the Old Course Hotel in St Andrews has suffered from a fall in revenues of over 13%.

The Financial Reporting Council (FRC) has today initiated an investigation into the audit conducted by EY of the financial statements of Thomas Cook Group Plc for the year ended 20 September 2018.

Glasgow-based IFA McCrea Financial Services has confirmed its renewed sponsorship of Glasgow Warriors.