Still more than 60 per cent taxpayer-owned Royal Bank of Scotland has announced today it plans to pay embattled shareholders a special dividend as it posted a doubling of profits. The Edinburgh-based lender made the announcement as it revealed that operating profit rose 50 per cent to £3.
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Aegon UK, which employs 2,2400 staff at its Edinburgh Park headquarters, including 286 in the Kames Capital-branded asset management arm, has posted a 10 per cent increase in annual underlying earnings, to €128 million (£113m), from €116m. Aegon UK says it is confident that
While London is the leading centre for startups entrepreneurs seeking angel investors, its overall share of startups has fallen slightly from the previous year with Scotland outpacing England in growth of the number of startups look for funding, new figures have revealed. Data compiled by
Lenders could find it much harder to enforce cross border debts in the event of a no deal Brexit, RSM has warned. Currently, European regulations facilitate the collection of cross border debts within the EU, notably through the use of European Enforcement Orders.
Royal Bank of Scotland’s new business programme aimed at driving small business growth is to come to Aberdeen next Tuesday (February 19).
Scotland’s Finance Secretary Derek Mackay and his Welsh counterpart Rebecca Evans have called on the UK Government to provide clarity on post Brexit funding, future budgets and public sector pensions, ahead of a meeting with Chief Secretary to the Treasury Liz Truss in Cardiff. The Federation
NatWest is recognising brokers in the mortgage industry that have gone beyond everyday expectations to put the customer and their local community at the heart of their firm. In total 60 firms have been shortlisted for recognition in the 12 regional awards, with a further two awards for Best National
A survey of public bodies in Scotland has revealed that most board members would be reluctant to complain about their colleagues, though reported bullying and other kinds of 'disrespectful conduct' are in the minority. The problem of ‘disrespectful conduct’ is more widespread in loc
While some may believe manners are slipping in the 21st century, Scots are still concerned about appearing polite where cash is concerned, with 40 per cent of people from Scotland saying they are worried about committing a financial faux pas or appearing ill mannered when it comes to money, new rese
KPMG, administrators of Patisserie Holdings plc and its subsidiaries, has today announced that the businesses of Patisserie Valerie and Philpotts have been sold in two separate transactions, which collectively preserve all 117 stores and safeguard approximately 2000 jobs. A total of 96 Patisserie Va
Glasgow-based investment firm Maven Capital Partners has co-led a £3.25 million equity investment in UK Fintech business Mojo Mortgages, which aims to create a better mortgage experience by providing a full market comparison of mortgage providers.
An Aberdeen-based investment specialist has expanded its team with the appointment of an experienced financial adviser following a period of continued growth for the business. Graham Smith has joined Scott James Wealth Management – a representative of St James’s Place Wealth Ma
The UK remained the top destination for fintech investment activity in Europe with over $20.7bn in deals in 2018, though, the UK lost its global crown from H1 with the activity tailing off in the second half of the year, according to the latest KPMG Pulse of Fintech report.
The combination of Brexit uncertainty, lack of investment and stockpiling is putting increasing pressure on cash, but Scottish businesses could unlock access to credit through improving credit scores - counterbalancing this burden, accountancy firm RSM has said. Reviewing and improving credit scores
International commercial law firm Addleshaw Goddard is strengthening its Aberdeen energy team with the appointment of David McEwing as partner. Mr McEwing, who joins the firm from Pinsent Masons, has more than 25 years’ experience in the energy sector, advising oil and gas companies and o