One of the UK’s largest mortgage lenders is to increase the upper age limit for its mortgages from 75 to 80. The lender, which is part of Edinburgh-based Lloyds Banking Group, said the move was made in response to the nation’s changing demographics.
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Dundee-based Alliance Trust Savings says it has successfully transferred all Stocktrade customers from Brewin Dolphin, marking the completion of its £14 million acquisition of the execution-only stockbroking business. The platform’s total assets under administration now stand at £11.5 billion ac
Administrators from Deloitte have taken over at Aberdeen shipping firm Harkand Group after the company said it could nolonger survive in the face of losses inflicted by the prolonged fall in global oil prices More than 170 jobs are to be lost in Aberdeen and London.
Aberdeen accountants Anderson Anderson & Brown (AAB) have announced the launch of a bespoke travel app solution. AAB is one of the first accountants in Scotland to create and launch an app for clients who spend a significant amount of time travelling abroad with work or live outside the UK.
New figures released by the Registry Trust have shown that the number of debt judgments recorded against consumers in the Scottish courts increased during the first quarter of the year, reversing trends seen in recent years. The non-profit organisation collects judgment information from jurisdiction
Average private rents in Scotland are rising faster than anywhere else in the UK, according to new figures. Figures from Homelet’s Rental Index show the average private rent in Scotland rose 11.4 per cent from the 12 months since April last year and the average cost is more than £700 a month.
New data has revealed that the accounting deficit of defined benefit (DB) pension schemes for the UK’s 350 largest listed companies increased from £81bn on 31 March 2016 to £92bn at the end of April. At 29 April 2016, asset values were £655bn, representing a fall of £2bn compared to the corres
Britain's small and medium-sized enterprises (SMEs) are planning to invest for future growth, according to new research from specialist lending and savings bank, Aldermore. The new data show SMEs are proactively looking for opportunities to grow over the next five years.
Bob Cherry Property sales across Ayrshire have been driven forward by cash buyers making successful offers and quick sales, according to estate agents CKD Galbraith.
Glasgow-based investment house Maven Capital Partners has completed a £2.5 million investment in The GP Service, a provider of online services for general medical consultations and prescriptions. The investment will enable GPS to accelerate the roll-out of its service across new geographical locati
Susannah Green Psigma Investment Management has continued its rapid expansion in Scotland with its fourth appointment this year.
The number and value of debt judgments against businesses in Scotland fell sharply during the first quarter of the year, according to figures released today by Registry Trust. The non-profit organisation, which collects judgment information from jurisdictions across the Britain and Ireland found the
Professor John McLaren New analysis has found that Scottish GDP has grown by just 4 per cent in cash terms since 2008, compared with 23 per cent for Britain as a whole, according to new research.
Scandal hit Glasgow-based lender Clydesdale Bank has had another £450 million set aside to compensate customers mis-sold payment protection insurance (PPI), according to the latest results of its former owner. The new provisions take the total cost of mis-selling various financial products at the b
Edinburgh-based challenger banks Virgin Money and Sainsbury's Bank have both released strong trading results as they continue their relentless drive for market share. Sainsbury’s, which is based at Edinburgh Park, said underlying profit rose by nearly 5 per cent, to £65m last year.