News

Virgin Money has posted a loss after tax of £194 million alongside an accommodation of £385m to pay for the PPI scandal. The results, which are Virgin Money's first as a combined business with CYBG, also detailed an underlying profit of £539m down 7% due to higher impairments from

UK shoppers plan to increase their spending on Black Friday this year despite being more cautious than 12 months ago, new research from Scottish Friendly has revealed. Further still, more than half (51%) of consumers don’t believe that buying discounted Black Friday items makes you better off

The proportion of Scottish businesses selling products and services through social media is lower than the rest of the UK average, new research from PayPal has found.

Lloyds Banking Group is consulting shareholders over whether to action a £220,000 pension pay cut for its chief executive António Horta-Osório. António Horta-Osório

In just six months there has been a 13% rise in the number of small businesses in Scotland saying that market uncertainty is holding their business back from growing, according to a new study from Hitachi Capital Business Finance.

Descartes University is facing criminal action for selling bodies and body parts donated for research for over a decade.

Fife buffalo farmer and star of the BBC’s ‘This Farming Life’, Steve Mitchell, has reached his £800,000 buffalo mozzarella crowdfunding goal, meaning that Scotland will soon taste its first-ever buffalo mozzarella.

Brewin Dolphin has released its annual results, highlighting a resilient year for the company in Scotland. The company's results for the year ended 30th September 2019 have revealed that total funds were £45.0bn, an increase of 5.1%, from £42.8bn in 2018.

Aberdeen Standard Equity Income Trust's annual results for the 12 months to 30th of September 2019 has revealed that the Net Asset Value total return for the year was -10.8%, share price total return was -15.1% against the FTSE All-Share Index total return of 2.7%. However, the results have also hig

Paul Denton, chief executive of Scottish Building Society, has detailed the society's commitment to open branches despite continuous cuts imposed by mainstream banks. Mr Denton said that the Scottish Building Society will officially open its newest branch on Glasgow’s Queen Street on Friday.

The first tranche of Virgin Money branches will open next month as the company phases out the Glasgow-headquartered Clydesdale Bank brand. CYBG will open its new Virgin money stores in Manchester, Birmingham and London in December.

Aberdeen Standard Investments (ASI) private placement debt team has lent £65 million to the City of London Corporation. The investment was undertaken on behalf of life insurance companies within the Phoenix Group.

Understanding the complex UK tax system is hard as it is, but when you layer on the interaction with the devolved administrations, the task gets even harder for Scottish voters. RSM’s Shirley McIntosh unpicks the manifesto claims with a Scottish lens. We have often mentioned the complexity of

John Cowan, a retail expert working with Business Gateway, discusses the reality of the retail market and the opportunities on offer to small businesses. Retailers across Scotland have recently been bombarded with a lot of doom and gloom, proclaiming the death of the high street. However, when takin

Aberdeen New India Investment Trust has posted its interim results for the six months to 30th of September, highlighting slight growth for the trust. The company’s net asset value (“NAV”) rose by 6.1%, while the share price rose by 7.2% (both figures in sterling total return terms)