News



Housing market hotting up -BBA

Mortgage approvals in the UK were around 8 per cent higher in June than at the same time last year, after allowing for the effects of the change in mortgage rules, according to latest UK-wide figures.

Published 24 July 2015

Clydesdale backs £1m Italian Kitchen takeover

Glasgow-based lender the Clydesdale Bank has backed the £1 million purchase of the city’s Italian Kitchen restaurant by restaurateurs Richard Laciok and Marco Mozzachiodi.

Published 24 July 2015

Royal Bank further sheds loan portfolio

Edinburgh-based Royal Bank of Scotland is set to land around £625 million from its latest sell-off of unwanted loan portfolios.

Published 24 July 2015

Average Scottish house price could exceed £250k by 2020

The average house price in Scotland could exceed a quarter of a million pounds by the end of the decade, economists have predicted.

Published 24 July 2015

Deloitte appoints new head of Scottish corporate finance practice

Deloitte has announced the promotion of one of its partners to lead the firm’s advisory corporate finance practice in Scotland.

Published 24 July 2015

Perth company seeks to crowdfund £1 million

A Perth-based company which has developed a new dental device has launched an online crowdfunding campaign to raise £1 million in capital to take it to market.

Published 23 July 2015

Aberdeen has £307bn assets under management

Aberdeen Asset Management had assets worth £307.3 billion under management at the end of June 2015, a slight decline on £330.6 billion at the end of March.

Published 23 July 2015

Lloyds ordered to reveal HBOS takeover legal advice

Lloyds Banking Group has been ordered to reveal legal advice it received in the run-up to its takeover of Scottish bank HBOS during the 2008 financial crisis.

Published 23 July 2015

RBS appoints external advisers in GRG investigation

The Royal Bank of Scotland has reportedly appointed external advisers to assist an investigation into its historic treatment of small business customers.

Published 23 July 2015

Scottish Power expects £150m carbon tax bill

Scottish Power expects to pay a £150 million carbon tax bill this year, prompting Spanish owner Iberdrola to complain about the tax's impact on fuel prices.

Published 23 July 2015

Mallzee app developers win £2.5m funding boost

An Edinburgh-based start-up responsible for a popular mobile shopping app has won major new funding from Royal Mail Group (RMG) and other investors.

Published 23 July 2015

HBOS collapse report may be delayed to 2016

MPs have been advised that a 500-page report into the collapse of Scottish bank HBOS has been delayed, possibly delaying it being published until 2016.

Published 22 July 2015

Osborne brings forward Bank of England Bill

The UK government is bringing forward legislation to improve the governance of the Bank of England and consolidate its financial regulation powers.

Published 22 July 2015

Aberdeen Asset launches multi-asset income fund

Aberdeen Asset Management has launched a new multi-asset income fund designed for "the post-financial crisis world".

Published 22 July 2015