News

Scottish accountants and business advisory firm French Duncan LLP has reported a bumper year advising on 25 deals worth almost £200m in 2018 in the private and public sectors. Deal values ranged from a few million up to £60m across various sectors including engineering, hotels &

A flood of thousands of complaints have been lodged with law firms and the Financial Ombudsman Service over self-invested personal pensions (Sipps), leaving pension funds facing penalty costs totalling hundreds of millions of pounds. According to The Times newspaper, claims lodged with the ombudsman

A new prospectus, created by industry, to showcase the strength of Scotland’s financial services sector is to be formally launched at the Guildhall in London tonight. The document will be shared publicly for the first time at an appropriately themed Burns Supper event, hosted by the Lord Mayor

Lloyds Bank has launched a new way for families to help their children achieve their top life goal of owning their own home, while rewarding family members with what it claims to be a market-leading savings rate.

The Scottish Parliament will next week be invited to agree to the appointment of Caroline Anderson as the new commissioner for ethical standards in public life in Scotland. The commissioner is responsible for investigating complaints about the conduct of MSPs, local authority cou

Forty-five workers employed by Glasgow construction and fit-out company Pacific Building Ltd have started the New Year in new roles as joint owners of the business. Managing director and majority shareholder, Brian Gallacher, said the decision to move to employee ownership was taken to lay

Spanish airport authorities are searching for the owner of a private jet which has been parked for years. Nobody knows who owns the the McDonnell Douglas MD87 jet, big enough to seat up to 172 passengers, which is sitting in Adolfo Suárez-Madrid Barajas airport.

UK wealth management firm Brewin Dolphin has added seven new staff to its Glasgow office as it continues to grow its operation in the city.

Santander has removed itself from the shortlisted lenders vying for a share of the £275 million incentivised switching scheme for SME customers established under the terms of Royal Bank of Scotland (RBS) bail out agreement.

Edinburgh’s LendingCrowd has been named as the only Scottish company to join the prestigious Upscale programme, now in its fourth year. LendingCrowd, the fintech lending platform, is one of 30 fast-growing startups selected for the Tech Nation programme from over 100 applications. The LendingC

The return of UK funds and Glasgow’s best year for offices in more than a decade saw levels of investment in Scottish commercial property outperform the five-year average, according to analysis from Knight Frank. More than £2.5 billion was invested in commercial property - including offi

The financial impact of Edinburgh’s independent school sector has been revealed in a new report published this week. Its findings show that in 2017/18, the Edinburgh independent schools made an economic contribution of £125 million Gross Value Added (GVA), supporting 3,000

Last month saw the rate of mortgage lending by UK high street banks hit its lowest level in four years, even though the value of loans is rising, according to latest data released today by UK Finance. The total number of mortgages approved in December fell to 73,029 on a seasonally adjusted basis, t

Around 70,000 fewer people are now employed in UK shops than just a year ago as a result of the decline of the UK High Street, a British Retail Consortium survey has revealed.

Scottish Borders Council (SBC) will next week consider a report on the final business case for the Borders Innovation Park ahead of its submission to access £15 million of funding. The Borders Innovation Park at Tweedbank will help deliver much needed high quality business space in the ar