News

A financial advisor who spent more than £14 million of his client’s money over 14 years to fund his lifestyle and gambling habit has been jailed.

Bowmore Distillery, Islay Scotch whisky tourism saw record numbers of visitors in 2017, with 1.9 million visits to Scotch whisky distilleries from tourists from all over the world as well as from across the UK.

Stuart MacLean Edinburgh specialist private equity firm Circularity Capital LLP has been revealed as lead investor in a £33 million funding round for Berlin-based technology business Grover in move supported by Edinburgh and Munich based lawyers from CMS.

The Financial Conduct Authority has reached agreement with lenders to provide relief for many so-called “mortgage prisoners” who are trapped on a higher rate of borrowing.

Alan Davis, Chairman, Henderson Loggie Henderson Loggie Chartered Accountants has announced that the firm’s Glasgow business has been acquired by its Glasgow Partners; Douglas Woodhouse, Susan Wood, Stephen McKelvie and Kenneth McEwen, who will cease to be members of the partnership immediately.

The Bank of England is still more likely than not to raise interest rates from 0.50 per cent to 0.75 per cent on Thursday after the August Monetary Policy Committee (MPC) meeting – most probably with a split vote (possibly 7-2 in favour of a hike), experts at EY have predicted.

Keith Boyes, Martyn Paterson, Fraser Porter and Andrew Reynolds of AAB Wealth Anderson Anderson & Brown Wealth Ltd (AAB Wealth), one of Scotland’s leading independent financial planning firms, has announced a £100 million increase in assets under advice (AUA) over the last twelve months, taki

Brits are struggling to put earnings aside for rainy days, with 9 per cent of those surveyed having less than £500 in savings and a shocking 15 per cent have no savings at all, according to a new survey conducted by Legal & General.

The Scottish national average rent edged upwards in the second quarter of 2018 to a record high of £799 per month, up a modest 1.3 per cent year-on-year (YOY), amidst continued demand for larger properties which saw 4 bed properties rise 3.3 per cent.

People approaching retirement in Scotland are facing a significant financial property shortfall, according to new research published by planning and design consultancy Barton Willmore.

Clydesdale Bank has announced that it will offer a new range of mortgages aimed at young professionals, lending up to 5.5x the borrower’s salary.

Gareth Magee The fall-out from Brexit negotiations are leaving SMEs even more unsettled this year, with new research from Scottish business advisers and accountants Scott-Moncrieff showing, 78 per cent of SMEs are concerned about the UK economy, as opposed to only 28 per cent having concern about th

A study into the importance of local banking services in rural areas has recommended a ‘whole system response’ to meeting the banking needs of communities and businesses.

Andrew Bailey The Financial Conduct Authority (FCA) has today ruled out any prospect of punishing Royal Bank of Scotland over the conduct of its shamed GRG unit, which was meant to assist small and medium-sized enterprise (SME) business customers but instead resulted in the bank being hit with milli

Ben Macpherson International development organisations based in Scotland can now apply for funding through the Scottish Government’s International Development Small Grants Programme which opened today.