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The director of an Edinburgh construction company, who lied about her business expenses in a VAT fraud, has been jailed for two years after an investigation into her company’s finances by HM Revenue and Customs (HMRC).

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Agencies dealing in the creation, selling and hosting of controversial Scottish Limited Partnerships or ‘shell firms’ based in Scotland are turning over at least £25 million every year, it has emerged. SLPs exploit a loophole in century-old Scottish company law which critics claim are increasin

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A Scottish businessman who ran up debts through gambling and transferred cash prior to filing for bankruptcy has been handed an eight-year Bankruptcy Restriction Order (BRO).

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Barclays has announced the latest step in its strategy to reduce its non-core business in order to focus on its UK and US banking operations with the sale of its risk analytics and index unit to Bloomberg in a £615 million deal. The banking giant said it would make a pre-tax gain of about £535 mil

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Gross mortgage borrowing in the UK during July hit £12.6 billion, a year-on-year rise of 6 per cent, according to latest data from the British Bankers Association.

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Antonio Horta-Osario Lloyds Banking Group chief executive Antonio Horta-Osorio has apologised to the Edinburgh-based banking group's staff for the damage caused to the firm as a result of reports concerning his personal life.

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