News

Edinburgh-based fintech company Nucleus Financial Group has reported a market-beating performance over the last quarter. The firm reported that its Assets Under Administration (AUA) increased 6.8% year-on-year to £15.7 billion compared with a benchmark FTSE All-Share Index fall of 1.6%.

The largest accountancy firms have increased their share of the UK audit market with 100% of FTSE 100 companies now audited by the Big Four, according to new research from the Financial Reporting Council (FRC). Published today, the latest edition of Key Facts and Trends in the Accountancy Profession

Wealthy UK individuals are being targeted by The Single Malt Fund to invest in rare malt whisky. The fund is the world's first regulated and publicly listed fund to invest in single malts.

A business academic at the University of Dundee will next month host an event aiming to encourage more ethnic minority women in the city to embrace entrepreneurship. Dr Norin Arshed, senior lecturer in entrepreneurship and innovation at the University’s School of Business, received fundin

The largest payday lender in the UK, QuickQuid, has fallen into administration and left more than one million customers facing financial uncertainty. CashEuroNet UK, which operates the QuickQuid and On Stride brands, has stopped lending following the appointment of Grant Thornton as its adminis

First Minister Nicola Sturgeon has announced that retailers who are required to accept the return of single-use drinks containers could qualify for rates relief.

The Financial Conduct Authority (FCA) has today confirmed that it has removed barriers that stop some mortgage customers from finding a cheaper mortgage deal. The new rules allow lenders to use a different and more proportionate affordability assessment for customers who meet certain criteria, such

Economy secretary Derek Mackay has written to businesses to urge them to prepare for the consequences of Brexit, and inform them of the support available from the Scottish Government. Writing ahead of a visit to the Scottish Enterprise (SE) Prepare for Brexit control hub in Clydebank by ministe

Mark Tennant, the chairman of Edinburgh-based BMO Private Equity Trust, has criticised "investor short-termism" following the Neil Woodford scandal. Mr Tennant told The Sunday Times that the former star fund manager "made a rod for his own back".

The Queen's car which has been specially adapted for her corgis' has been sold at auction for over £80,000.

More than £32 million of Venture Capital (VC) was invested into Scottish start-ups in the third quarter of 2019, according to KPMG’s latest Venture Pulse survey. The figures, compiled by Pitchbook, reveal that both deal volume has dipped slightly, from 16 deals in the previous quarter, t

FNZ, Morgan Stanley and Skills Development Scotland in partnership with the City of Glasgow College win at the Scottish Financial Services Awards 2019. The winners of this year’s revamped Scottish Financial Services Awards 2019 were announced at a ceremony at the EICC in Edinburgh last night a

Accounts assistant Andrea Gibson embezzled more than £248,000 from Evans Halshaw in Glasgow. Ms Gibson manipulated financial systems to cover 45 transactions made to her personal bank accounts.

The Competition and Markets Authority (CMA) has launched an enquiry into Ovo's £500 million purchase of the retail arm of major Perth employer SSE. All 8,000 of SSE's energy services staff, including the contact centre based in Perth, will transfer to Ovo as part of the process.

Royal Bank of Scotland (RBS) and Women’s Enterprise Scotland are to host an investment day for female entrepreneurs at Gogarburn Conference Centre.