News

James Lloyd, partner at Harper Macleod, explains how the requirement for homeowners to remortgage or sell their property at the end of a trust deed to realise the capital is catching people out  

Scottish law firm Shepherd and Wedderburn has elected Andrew Blain as its new managing partner. Mr Blain, who will assume the role on 1 May, has been a member of Shepherd and Wedderburn’s board since 2009 as divisional director of the corporate division.

Royal Bank of Scotland subsidiary NatWest has today released its latest set of Growth Funding figures, with the lender revealing that £2.9bn of the already-expanded £3bn pot has been approved for investment. The Growth Funding package will be immediately doubled to £6bn and will he

Market research company Censuswide has found that a third of people living in England would reject Scottish bank notes as fake.

Scott-Moncrieff, Scotland’s longest established accountancy firm, is to join forces with Campbell Dallas to become part of the fast-growing CogitalGroup. The deal, which is for an undisclosed sum, will see all 16 Scott-Moncrieff partners and 220 staff transfer, creating one of Scotland’s

The UK's competition regulator has shied away from meaningful change of the accountancy industry after ignoring recommendations for a major shake-up in a move critics have described as a missed “golden opportunity”.

The health of the Scottish economy weakened considerably in the first quarter of this year against the backdrop of an uncertain global environment and the cloud of Brexit hanging over the UK economy, the latest Scottish Chambers of Commerce Quarterly Economic Indicator survey for Q1 of 2019 shows. T

The impact Brexit is having on people working in the UK's financial services industry has been revealed by data collected by Artificial Intelligence platform, Talent Ticker. 

Scottish law firm Burness Paull has reported profits of £23.8 million on turnover of £57.6 million for the year to July 2018. Latest results filed with Companies House have revealed the firm’s highest-earning partner enjoyed a profit share of £634,000 with

The latest statistics from the UK House Price Index (HPI) show that the average price of a property in Scotland in February 2019 was £145,762 – a decrease of 0.2 per cent on February in the previous year. This is the first annual decrease in the average price of a property in Scotland si

The Financial Conduct Authority (FCA) has today published figures showing that complaints against financial firms decreased by 5 per cent in the second half of last year, falling from 4.13m to 3.91m. This is the first time the number of complaints has fallen since firms were required to change

Mike Bruce, chief executive at Weslo Housing Management suggests an alternative headline for Scottish Financial News, and offers an informative look at the question of board remuneration in the process. Reading the recent article in which Kelly Adams of RSM considers the question of p

Glasgow City Council has today approved the preparation of a revised business case to reconfigure the Tax Incremental Finance (TIF) scheme for the city centre which the authority says will pave the way for the funding of infrastructure necessary to kick-start new development in the city.

A charity dedicated to helping children and young people with speech, language and communication needs (SLCN) has welcomed funding from the Aberdeen Standard Investments Charitable Foundation. The four-figure sum has been given to I CAN, the children’s communication’s charity, and w

Two Italian students are facing a joint fine of €27 million (£23m) after they were accused of letting a barbecue start a forest fire. According to local media reports, prosecutors say the two 22-year-olds, who dispute the case, lit a barbecue with a group of friends near the famous Lake C