News

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.

Mark Thomson Scottish Building Society - the world’s oldest building society and Scotland’s last remaining independent mutual lender - has announced annual results for the year to 31 January showing “a solid performance” with a growth in mortgage assets of £3.4 million and gross lending ris

Sir Howard Davies The board of Royal Bank of Scotland survived a potential shareholder revolt at its AGM yesterday but bosses were subjected to a series of protests over executive pay packages, legal struggles and staff pensions.

Simon Cowie Aberdeen-based accountant and business advisory firm Infinity Partnership has been shortlisted for three prestigious awards.

Lord Boyd of Duncansby A gambler who lost more than £90,000 after placing an online bet on a Scottish football match has failed in a legal challenge over the bookmaker’s decision to refuse to pay out.

Standard Life has announced the acquisition, through its subsidiary Standard Life Savings, of AXA Portfolio Services Limited (trading as Elevate) from AXA UK. The deal will create one of the UK’s largest adviser platform businesses with combined assets under administration of £36.4bn, bring more

Barclays Mortgages has today made the controversial move to reintroduce the 100 per cent mortgage back into the UK housing market. Such products were slammed in the wake of the 2008 financial crisis for being a major catalyst of the meltdown.

Aberdein Considine Managing Partner Jacqueline Law (centre) with (l-r) Michael Sinclair, Partner, Aberdein Considine, Paul Jennings, Partner, Aberdein Considine, Brydon Crearie, Partner, A&S Ireland and Gavin Crowe, Partner A&S Ireland. Scottish Law Firm Aberdein Considine has announced that

Anne Begg Perthshire property bosses are revealing that, despite the rain and snow, April was a bumper month for property sales.

Buccleuch Property has announced a key new addition with the appointment of Paul Jarvis as asset manager director. This new role will focus on developing Buccleuch Property’s asset management capability in the UK.

Craig McKinlay Nearly a third of Scotland’s young people expect to work beyond retirement age to pay off their mortgage, according to a report.

Paul Eagland Martin Gill, head of BDO in Scotland, has today welcomed the election of Paul Eagland as the new managing partner of the mid tier accountancy firm following a vote by all its partners.