News

UK household debt rose sharply over 2018, with unsecured debt (debt other than mortgages) reaching new highs.

More credit cards were frozen following Scotland’s Hogmanay celebrations than in any other day during December.

Standard Life Aberdeen now holds 5.01 per cent of Liontrust Asset Management through their funds and institutional mandates, up from 4.84 per cent. A stock exchange notice revealed that a range of UK equity funds managed by SLA increased their stake in Liontrust.

The majority of young homeowners are making overpayments on their mortgages, according to new research from Which? Mortgage Advisers.

An additional £50 million investment in the Tay cities region will support manufacturing businesses and the delivery of the Cross Tay Link Road.    First Minister Nicola Sturgeon has confirmed £40 million will be invested in the new road, which will link the A9 over the Ri

The City of London Corporation has released updated images of how its City Cluster skyline will look in 2026, now including 100 Leadenhall Street. The City Cluster is the area in the eastern corner of the Square Mile and is home to some of London’s most iconic skyscrapers.

Accountants and financial advisers French Duncan are urging Scots to get their tax returns in early to avoid penalties. An estimated 60,000 Scots missed last year’s deadline and faced an immediate fixed penalty of £100 even if there is no tax to pay.

The government-owned British Business Bank has appointed Ian Mitchelmore as its UK Network senior manager for Scotland. The UK Network will see team members in each of the English regions and devolved nations work on identifying and helping to reduce imbalances in access to finance for smaller UK bu

A private investment firm has acquired the technical facilities management division of Aberdeen-based mechanical and electrical installation firm Richard Irvin, which went into administration last month.

The head of forensic accountancy at Police Scotland has called on the service to hire more accountants. In an interview with The Herald, Kenneth Murray warned that organised crime groups, at home and abroad, are purchasing legitimate Scottish businesses to use as "safe houses" for dirty money.

Scottish law firm Blackadders saw profits rise last year to £3.26m in the year to March 31 – up from £3m in 2017. Results at Companies House show that the firm recorded revenues of £11.89m, a slight decrease on the previous year.

Major Scottish dairy firm Graham’s, which claims its milk and other products are sold to half the Scottish population, has been forced to write off more than £800,000 because of a failed property investment. Sales for Graham's The Family Dairy Group in the year to last March rose fr

Triple Point Social Housing REIT has secured a new £70 million revolving credit facility (RCF) with Lloyds Bank. The floating rate RCF has an initial term of four years expiring on 20 December 2022 which may be extended by a further two years.

The parent company of Dundee-based YoYo Games has struck a deal to pay £25 million to Israel after a tax audit, insider.co.uk reports. Playtech announced that it had reached an agreement with Israeli tax authorities after a civil tax audit covering the period from 2008 to 2017.

Former Virgin Money chief executive Dame Jayne-Anne Gadhia has been appointed as an external member of the Bank of England’s Financial Policy Committee (FPC), along with Dame Colette Bowe, current chairman of the Banking Standards Board. Dame Colette and Dame Jayne-Anne will replace Richa