News

The Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) have decided to ban and fine Stuart Malcolm Forsyth, the former CEO of Scottish Boatowners Mutual Insurance Association (SBMIA) £78,318 and £76,180 respectively. The regulators found that between February

Yesterday, Scottish Financial News reported on the Peebles Media Group fraud case outcome. Today, we publish the full case report which has now become available on our sister publication Scottish Legal News:  A publishing company which sued a former employee for more than £100,000 after s

Donna Kerr has been appointed as Cambridge & Counties Bank's first area director for Scotland to support the bank's continuing growth in the region. Ms Kerr brings 30 years of leadership and business experience to Cambridge & Counties Bank. Prior to joining, she spent the previous three year

GraniteShares, the US-based Exchange-Traded Fund (ETF) provider founded by Aberdeen businessman William Rhind, has entered the European market as it is listed on the London Stock Exchange. GraniteShares’ new platform of short and leveraged single stock daily Exchange-Traded Product (ETPs), for

Edinburgh-based recruitment and headhunting firm Core-Asset Consulting has recorded its best-ever results – during 12 months which saw them turn a loss into a half million-pound profit. The company is a leading independent recruitment company dedicated to financial and professional services in

The launch of high-protein Icelandic Skyr has helped Graham's Family Dairy's increase its profits before tax to £2.2m.  An encouraging growth in year-on-year sales, Graham’s reports a 4.7% rise in turnover up £4.9m in 2018 to £109.0m this year. The dairy a

A survey commissioned by Unlocking Ambition found that the majority of people (57%) think that Scotland is an entrepreneurial nation, with 49% of adults having considered starting their own business. When it comes to the biggest obstacles to doing it, a lack of funds tops the list (62%), follow

Charlene Wallace, the current chair of Edinburgh Trams, has been appointed as CEO of West Lothian Chamber of Commerce. Ms Wallace has held several senior board director level roles in rail, bus and aviation including periods at Virgin Trains and Wales Rail Services where she was director for busines

More than half of Scottish car buyers are reluctant to go electric over fears about the distance a car can travel on one charge, according to new research from KPMG. A total of 67% of motorists north of the border say ‘range anxiety’ is the biggest disadvantage holding them back from mak

Finance secretary Derek Mackay has confirmed that due to the UK General Election and the cancellation of the UK Government budget, it will not be possible to publish the Scottish Budget 2020-21 until after Christmas. The Scottish Budget 2020-21 was scheduled to take place on December 12. A new date

Detectives in Blackhall Colliery have thanked honest residents who have repeatedly handed in stacks of cash which keep turning up in their village.

The chief executive of HM Revenue & Customs (HMRC) has publicly denied that it made any mistakes when pursuing repayments from Rangers FC for unpaid tax. In a very unusual move, chief executive Jim Harra made a social media announcement to reject the claims made in The Times that mista

Scotland’s largest independent flooring retailer, Direct Flooring is poised for expansion with the support of a £1.5 million funding package from Bank of Scotland. Hillington’s Direct Flooring has acquired new premises in Perth and Glasgow, increasing the firm’s retail space

The value of Scotland’s property market is on course to top £18 billion for the second consecutive year – despite rising homeowner anxiety over Brexit, according to new figures from Aberdein Considine. The firm’s Property Monitor report found that sales hit £5.3bn durin

Administrators Blair Nimmo and Alistair McAlinden from KPMG have confirmed the flagship store of Scottish retailer Watt Brothers will close in mid-December. The fourth-generation family-owned business operated a chain of department stores throughout Scotland, before entering administration on Friday