News

Brexit, a global slowdown, and confusion over fuel type have caused a sharp fall in the number of drivers opting to buy a new - rather than used - car in Scotland, according to new research by Close Brothers Motor Finance.

Royal Bank of Scotland has announced that it is offering £175 to new and existing customers switching their main bank account. The time limited offer launches on 23 April 2019 and runs until 28 June 2019.

Aviva has announced that head of UK insurance Andy Briggs has stepped down from the role as well as as a director of its board. He will remain with the group until 23 October 2019 to support an orderly transition, with Angela Darlington, currently Aviva’s group chief risk officer, wi

By Paul McGonigal, Tax Senior Manager at Johnston Carmichael's Inverness Office  

The digital technologies sector in Scotland remains firmly in ‘growth mode’ despite fierce competition for top talent and ongoing political uncertainty, according to the latest annual industry survey conducted by ScotlandIS.

New analysis from independent wealth management company Succession Wealth has revealed that as many as 550 UK couples each with net financial wealth of £1 million or more, will divorce this year. It estimates that collectively they have around £1.91 billion of net wealth, or £

Nationwide Building Society has selected seven FinTech companies to take part in its Open Banking for Good challenge. The FinTech firms will develop Open Banking based apps and services to help financially vulnerable people.

An Italian businessman had to watch €40,000 go up in smoke after his girlfriend used the oven he had stuffed with illicit cash to bake a strudel.

New information released by TSB has revealed the bank's plan to reduce hours at around 70 branches in Scotland, while closing two premises in Edinburgh, one in Keith and one in Aberdeen. A TSB spokesman said employees would be offered options about their employment, and insisted there would no job l

Edinburgh-based global investment management partnership Baillie Gifford has introduced a new parental leave policy which offers up to 52 weeks leave to any employee becoming a parent, irrespective of gender and length of service. The policy offers choice and flexibility to all new parents at t

People who do not have access to a bank account pay an extra £485 a year for everyday bills and services, it has been revealed.

New research by KPMG has revealed that at a time when competition for talent is fierce, 65 per cent of the UK’s population would not consider taking a role in financial services, with the main reason being the perception that it is boring, and more than two out of five of those who do enter th

The Institute of Chartered Accountants of Scotland (ICAS) has entered a strategic partnership with Edinburgh-headquartered team behind Amiqus ID to ensure that its members have a straightforward way to move paper-based compliance procedures online. Amiqus ID verification software is currently used b

Scottish shares on the FTSE outperformed the wider market during the first three months of 2019 but their AIM-listed counterparts significantly underperformed the index, according to analysis from Brewin Dolphin. The wealth manager found that Scottish organisations listed on the main market ended Ma

Latest annual results for the Standard Life Investments Property Income Trust’s show that the portfolio has grown in value to almost £500 million, largely as a result of focusing on the industrial sector over retail assets. Its annual results show the value of the trust at the