News

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

Optimism in Scotland’s construction sector has weakened for the year ahead however workloads are holding firmer than other UK regions, according to a new survey.

The Edinburgh Tax Network, in conjunction with Terra Firma Chambers, will present a two-part series of seminars on IR35. The first, on Thursday 21st November 2019, will be presented by Derek Francis and is entitled “IR35 and interposing Personal Service Companies: Where can you do it? Where wi

Sheila Gunn, vice-chair of Wheatley Group, has joined the board of Scottish Building Society in a non-executive role. Ms Gunn has worked in legal practice for 23 years and was previously a partner at Shepherd & Wedderburn for 12 years.

Bank of Scotland has revealed the design of its latest £20 which will feature a new image of the Forth Bridge, with the Queensferry Crossing visible in the background.

Male entrepreneurs are more likely than female entrepreneurs to ask for funding from an external source, a new survey by Royal Bank of Scotland reveals.

Aberdeen Latin American Income Fund has reported a share price total return of +19.9% alongside a net asset value total return of +22.4%, both ahead of the benchmark's total return +17.4%. The fund has also reported that its total dividends per share paid 3.5p (2018: 3.5p).

The TV and film production sector is experiencing a period of phenomenal growth, driven by demand for UK content from Netflix and Amazon Prime, according to new data released today by Barclays Business Banking.

Tayport-based food processing equipment manager Foodmek has obtained a £500,000 loan from Scottish Loan Scheme (SLS) to help activate its growth plan. The company has said that it aims to use the loan from the SLS, which is administered by the Scottish Investment Bank, the investment

Clyde Gateway has announced that Scotland’s second-largest water supplier Clear Business will become the second tenant of their speculative office development, One Rutherglen Links. This brings the building to full occupation and represents the largest letting outwith the city centre this