News

Royal Bank of Scotland has agreed a multi-million-pound payout to settle claims from shareholders who allege they were misled when they answered the bank's call for an injection of capital just before it needed a £45 billion taxpayer bailout in 2008.

Fiona McBain Scottish Friendly’s outgoing chief executive has taken a party short at both current and past UK governments for failing to do enough to encourage people to prepare adequately for their financial futures.

Mike Dailly A group of activist lawyers has called on the Scottish government to clamp down on the insolvency industry which it claims is causing excessive hardship to the lives of many indebted Scots.

One in five Brits are scared of being scammed at Christmas, new research by Nationwide has found, with many people failing to take simple precautionary steps.

Kevin Reynard After more than two decades at Albyn Place in Aberdeen, professional services firm PwC has moved to a new custom-outfitted office on the top floor of The Capitol at 431 Union Street.

Scotland’s transition to the new Land & Buildings Transaction Tax (LBTT) was “operationally successful” but it is “too early to draw any definitive conclusions” on its impact on the property market, MSPs on a Holyrood committee have said.

The growth of Scotland’s economy will be much slower over the next couple of years as existing headwinds are compounded by political and economic uncertainty, according to the EY Scottish ITEM Club 2017 Forecast.

Scott Webb (UKSE) and Robert Stevenson (SB&AS) UK Steel Enterprise (UKSE) has provided financial backing for a management buyout (MBO) of Wishaw-based asbestos removal firm, Specialist Building & Asbestos Services (SB & AS) Ltd.

L-R: Craig Allison (French Duncan Manager & CSR Chair), Arlene Clark (founder of Brightest Star), Christine Thomson (French Duncan Senior and CSR Liaison) and French Duncan Managing Partner Graeme Finnie. Scottish accountancy firm French Duncan has raised more than £10,500 for a Paisley charity

Katie Williams Pinsent Masons has announced the appointment of employment law specialist Katie Williams to lead its Aberdeen office.

Scotgold Resources, which his running Scotland’s first commercial gold mine, has struck its first major deal with a metal trader.

Mark Gibson Dunfermline-based accountants Thomson Cooper have announced a key appointment to their senior team in a move which the company says is part of its growth strategy.

Glasgow-based private investment house Maven Capital Partners has announced that it has realised its investment in plastic extrusion manufacturer Nenplas Holdings Limited, generating a return of more than 5x for investors.

The company that produces polymer banknotes for Scotland’s banks has admitted they contain "minute traces" of animal fat despite previous claims they do not.

The Financial Conduct Authority (FCA) has announced that it is monitoring the savings markets with new rules aimed at helping savers make sure they are getting the best deal for their money.