News

A property owner who sued the Royal Bank of Scotland for breach of contract over the mortgage lender’s early termination and demand for repayment of three loans has had his £160,000 damages action against bank dismissed following an appeal.

Professor Graeme Roy A survey of more than 400 Scottish businesses has revealed that over 40 per cent of firms experienced rising turnover in the three months to September.

Stocks in British banks slid today after Brexit minister Dominic Raab quit in a blow to Prime Minister Theresa May’s efforts to win backing for her draft deal to exit the EU.

Lloyds Banking Group has confirmed that it is to close its main Bank of Scotland location in Dundee, with the Nethergate site to go along with six other branches across Scotland. The other branches for the chop are Kirriemuir, Paisley, Stonehouse in Lanarkshire, Keith, Lossiemouth and Burnside in Gl

Kenny Wilson Home working has been given another thumbs up by PwC, with the professional services firm’s Glasgow office hiring 14 Virtual Assistants who will spend the majority of their working week at home.

Christmas festivities in Scotland’s capital generated an economic impact of £113 million in additional output last year, equating to 2,260 full time jobs, making it one of the most beneficial single events for the city year round.

Insolvency practitioners Wilson Field have been appointed administrators at bridal store Berketex Bride after the firm announced this week that it had ceased trading.

Workers in Scotland take over 800,000 days off a year due to money worries, according to landmark research released today from pension and investment company, Aegon.

Nationwide has announced it is investing in Moneyhub, a financial management platform that consolidates accounts, including those from different providers, into one place to give clarity and actionable insights.

Aasia Mohammad Research released today suggests that landlords in possession of sub-prime office space in either Edinburgh or Glasgow city centre could be sitting on a goldmine, due to the lack of high quality offices now available.

https://youtu.be/0uip9Tq3_Wk A new campaign, 'People, Not Profit' has been launched in Scotland, backed by Hollywood star Michael Sheen, to highlight the benefits of joining a credit union.

Helen and Simon Pattinson, co-founders of Montezuma’s Montezuma’s, an independent manufacturer of premium artisan chocolate, has received investment from Edinburgh-based private equity firm Inverleith LLP.

A financial comparison platform is encouraging higher education students in Scotland to apply for its new fintech scholarship – provided they aren’t studying finance or computer science.

Christine Lagarde In a speech given at the Singapore Fintech Festival this week, the head of the International Monetary Fund (IMF) has said the international community should “consider” endorsing central bank issued digital currencies (CBDCs).

A team of accountancy staff have raised almost £30,000 for Maggie’s Centres this year, with the latest effort a celebratory Charity Ball at the weekend.