News

A Glasgow credit union has warned that the grown trend of high street bank branch closures is leaving thousands of people vulnerable to predatory loan sharks and payday lenders.

Blair Nimmo The now defunct historic Perth department store McEwens owed a total of £3.44 million to Royal Bank of Scotland when it went under last year, according to its administrators KPMG.

Adrian Grace Edinburgh-based Aegon UK has reported a strong start to 2017 with first quarter figures boosted after the acquisition of investment business Cofunds went live in January.

The property market in east central Scotland has experienced an 11.4 per cent decrease in the number of homes available for sale between February to April 2017, according to the latest analysis from regional estate agents ESPC.

Ross McEwan A widely anticipated shareholder revolt over executive pay failed to materialise at Royal Bank of Scotland’s annual general meeting yesterday after the still 73 per cent state-backed lender received backing of more than 92 per cent for its remuneration plans.

Staff and partners from the Glasgow office of Johnston Carmichael, gold sponsor of this year’s Royal Bank of Scotland Kiltwalks, have raised more than £3,700 for charity after taking part in the Glasgow event.

Academically gifted law students from disadvantaged backgrounds in Scotland will benefit from a recent cash injection from the Royal Bank of Scotland to the Lawscot Foundation - a charity set up by the Law Society to remove financial barriers between aspiring law students and their goal of becoming

191 West George Street NFU Mutual has commenced a major programme of works to transform a landmark office development in Glasgow city centre.

Scotland’s cities have experienced contrasting starts to the year when it comes to new start-up firm activity, according to new figures.

Scotland’s biggest whisky distiller Diageo, whose famous brands include Johnnie Walker, Talisker and Lagavulin, is to fight HMRC over an alleged £107 million unpaid tax bill.

Glasgow-based Harris Finance, whose commercial property division has recently completed the development of two speculative industrial units at Clyde Gateway’s Rutherglen Links Business Park, has announced the purchase of a further four plots at the development.

Cyber risks associated with energy technology are high on the agenda for UK businesses with two- thirds (65 per cent) significantly concerned about the issue and over half (51 per cent) worried that their client data isn’t handled securely enough by their energy supplier, according to the latest

Graeme Allan (left) with Bill Kane Aberdeen-based Chartered Accountants and business advisors Anderson Anderson & Brown has announced the appointment of Bill Kane as head of consulting.

Independent accountancy firm Campbell Dallas expects to raise more than £50k this year following the launch of the Campbell Dallas Charity Foundation that matches pound for pound money staff raise for their favourite causes.

The Financial Reporting Council (FRC) has today issued PwC with a £5 million fine, its largest fine to date, for misconduct relating to its audit of Connaught plc, a FTSE 250 social housing company which went into administration in 2010.