News

Harper Macleod has announced record results this year, with a 9.5% rise in turnover to £29 million and an 8% rise in profits to £11m. The figures for the financial year 2018/19, which represent eight consecutive years of profit growth, come as the firm prepares to complete its takeover o

Deloitte UK and Switzerland have announced its 12.9% revenue growth in Scotland as part of an increase in overall revenue by 10.9% to £3.97 billion. The company has revealed it has increased its revenue by 10.9% in the year ended 31 May 2019, from £3.58 bn in 2018 to £3.97bn, as th

Scottish Friendly, Scotland’s largest financial mutual, has appointed Genevieve Humphreys as its new chief risk officer. With over 20 years’ experience working in the financial services industry, Ms Humphreys has joined the Scottish Friendly team.

LendingCrowd has recruited four new senior business development managers to help fund the ambitions of more small and medium-sized businesses. The Edinburgh-based company, and the only Fintech lending platform headquartered in Scotland, has hired Chris Mitchell, Anthony Allen, Fraser McKay and Keith

Real estate investment platform FORE Partnership has announced the appointment of the main contractor for the construction of Cadworks, its 96,000 square foot highly sustainable 'Grade A' office development for Glasgow city centre.

RBS has provided a £1.4 million funding package to private landowner Richard Tuxford to aid the purchase of the 9,800-acre East Glenquoich Estate in the West Highlands. The deal was advised and brokered by Royal Bank of Scotland broker development manager, Steven Darbyshire and Independent Ban

Barclays has funded Glasgow-based premium hi-fi manufacturer Linn with £1 million. The funding will be used to bolster product innovation and expansion into new markets. It will support the development of Linn's growing range of high-end audio products, with a new wireless music system set to

The City of Edinburgh Council is on track to save tens of thousands of pounds a year and significantly reduce its greenhouse gas emissions thanks to energy efficiency upgrades funded in part by Salix Finance.

DSL Business Finance (DSL) has appointed two more loan officers to support business growth and development in Scotland. Mark Lagan and Paul Toner are due to join the DSL team, providing a combined total of 29 years of financial services experience.

Credit Suisse has invested several hundred million francs into its digital service as part of efforts to reduce its reliance on branches in its home market.

Personal insolvency across Scotland is on the rise according to the latest figures from the Accountant in Bankruptcy (AiB).

Royal Bank of Scotland (RBS) and NatWest are suffering their second IT outage in one week, with online services failing early Tuesday morning.

Glenrothes is the first town in the UK to be awarded recognition for a plan to become a Living Wage Town.

Craig Wright, who claims to have invented Bitcoin, has been ordered to pay $5 billion to his alleged former business partner.

The James Hutton Institute has announced the appointment of Hugh Darby as its new director of finance and company secretary. Mr Darby replaces Derek Leslie, who is stepping down after almost three years in the role at the Institution, a major researcher of food, energy and environmental security.