News

Thousands of pounds have been paid by the taxman to people who have tipped-off the authorities about how their spouses or employers are dodging their taxes.

The Scottish retail sector had its highest ever quarter for insolvencies in the first three months of 2019, according to new analysis of the sector by accountants and business advisers French Duncan. In Q1 28 retailers were made insolvent which is already over 40 per cent of the entire figure for 20

The Royal Bank of Scotland has announced the launch of a new online investment service that lets customers put in as little as £50. Customers will be able to invest either through a lump-sum, a monthly contribution or an ISA transfer, and can link their investments to a financial goal, tracing

Esme Loans, the standalone digital lending platform for SMEs and scale up businesses backed by RBS subsidiary NatWest has announced this week that it has now lent over £50 million to UK businesses.

Shares in Lloyds Banking Group came under pressure yesterday after it revealed charges and Brexit held back growth in first-quarter bottom-line profits. Bank of Scotland’s owner reported flat statutory pre-tax profits at £1.6bn as it revealed a further £100 million charge for payme

Governor of the Bank of England Mark Carney has warned that interest rate increases could be "more frequent" than expected if the economy picks up following a resolution of the current political impasse. Economic growth has been subdued since the UK voted in June 2016 to leave the EU and markets are

Aberdeen-based transport giant FirstGroup has named its new chief financial officer as Ryan Mangold, a former finance director at housebuilder Taylor Wimpey. Mr Mangold will join the First Group on May 31, filling the position vacated last year by Matthew Gregory, took over the chief executive&rsquo

iMultiply, the finance and executive search specialists with bases in Edinburgh, Glasgow and Belfast, has posted record year-end profits. The recruitment company credit a 44 per cent increase in turnover, prestigious clients including DC Thomson, Innis and Gunn, Visit Scotland, Money Dashboard and E

There is now a new, home-made addition to the rapidly growing trend of wearable fintech after it emerged online that someone has dissolved their credit card and put the RFID chip in a ring to go on their finger.

Legal action has been commenced against Clydesdale Bank plc(Clydesdale) and its former owner National Australia Bank Limited (NAB) for conduct in relation to its Tailored Business Loans (TBLs). RGL Management Ltd's (RGL) claim group consists of almost 2,000 claimants from England

Henderson Loggie have been appointed as liquidators to SGM Distribution which has ceased trading with the loss of 16 jobs. The courier business, which has depots in Letham and Aberdeen and a fleet of 47 delivery vehicles, has been experiencing increasingly difficult trading conditions since expandin

One in ten smaller businesses in Scotland is led by an immigrant entrepreneur and these firms contribute more than £13 billion to the Scottish economy and provide 107,000 jobs, according to a ground-breaking report. The Federation of Small Businesses (FSB) commissioned the Hunter Centre at the

The first three months of this year saw house prices in Aberdeen (city and suburbs) drop by 4.3 per cent from the final quarter of last year, according to latest data published in a new report from Aberdeen Solicitors’ Property Centre.

Scottish law firm Brodies has unveils six new partners as a result of its latest round of promotions, and reports 6 per cent growth in people in the last 12 months. Aberdeen-based Leigh Gould, Rhona McFarlane and Fiona Herrell step up to partner in their respective areas of personal and family, corp

A Fife engineering firm has safeguarded its future by moving into employee ownership. EQ Chartered Accountants LLP has supported Ladybank-based G S Brown Limited into an Employee Ownership Trust structure.