News

Two former administrators of Rangers Football Club Plc who are suing the chief constable of Police Scotland and the Lord Advocate for £14 million in damages over their alleged “wrongful arrest, detention and prosecution” have successfully challenged a decision that Scotland’s

The Brexit impasse is contributing to perceptions that Scotland's commercial property market is in the downturn phase of the property cycle, according to a new survey. Half of respondents in Scotland to the Q3 2019 Commercial Property Market Survey from the Royal Institution of Chartered Survey

Lloyds Banking Group's profits have fallen substantially following a £1.8 billion hit for payment protection insurance (PPI) mis-selling compensation. The bank's total bill for the PPI scandal now stands at almost £22bn.

There has been a surge of interest from South East Asia, particularly from Hong Kong and Singapore, as new and existing investors are purchasing more buy-to-let properties to add to their portfolios, according to research from Grant Property. Despite Brexit scaring some British property investors,

Financial Intermediary & Broker Association (FIBA) partner Fiduciam has expanded into Scotland after enabling the refinancing of a Glasgow care home. The £1.14 million loan facilitated by Fiduciam, which is over a 24-month term, will allow the care home’s owners to refinance their ex

Edinburgh-based Chromacity has appointed chartered accountant Ian Stevens as non-executive chairman. Mr Stevens previously worked for KPMG in Oxford and Prague from 1991 to 1997.

Edinburgh-based fintech company Modulr has announced that it will invest up to £20 million in the Scottish fintech industry. The move comes after the company was awarded £10m from the BRC Capability and Innovation Fund (CIF), designed to drive innovation and boost competition in UK busin

Scotland’s economy would suffer significant damage under the Prime Minister’s Brexit deal, according to Scottish Government analysis.

Police are searching for a man who allegedly attempted to open a bank account with a '$1 million' bill.

Edinburgh private bank Hampden & Co is to acquire a loan book from London-based Smith & Williamson believed to be worth around £35 million.  The portfolio loan book of Smith & Williamson is due to be handed over to Hampden & Co later in 2019.

Murray Estates, part of former Rangers owner Sir David Murray’s Murray Capital, has secured planning approval from North Lanarkshire Council for 638 homes at its Torrance Park site, east of Holytown.

A new international task force run by Glasgow-based Islamic Finance Council UK (UKIFC) is to be created with the support of the UK Government to engage the Islamic finance industry with the UN’s Sustainable Development Goals. The high-level Islamic Finance and Sustainable Development Goals (SG

Standard Life Aberdeen has announced its new parent leave policy which from January 2020 will ensure new parents receive 40 weeks paid leave regardless of gender.

Homes in Glasgow and Edinburgh sell twice as quickly as the average UK city property, according to Zoopla's UK Cities House Price Index for September.

Uber has moved deeper into the financial services industry with the launch of its new Uber Money division .