News

Royal Courts of Justice Lloyds Shareholder Action Group, the group of former Lloyds TSB shareholders who claim that HBOS was “grossly over-valued”at the time of its shotgun marriage with Lloyds in 2009, will have their case heard at the Royal Courts of Justice in London today.

Edinburgh-based global investment manager, Standard Life Investments has issued a White Paper examining the rise of the millennials and their impact on values-based investing. It explores millennials' potential impact on traditional financial management, as well as the many opportunities they create

The ubiquitous RS McColl’s newsagent chain is to slash the number of its outlets on Scotland’s high streets after announcing plans to sell 100 of its “less profitable” shops. McColl’s Retail Group said the move was part of a strategy to its switch to convenience stores.

September was a more upbeat month for Scotland's retailers, according to the latest survey. Adjusted for deflation measured by the BRC-Nielsen Shop Price Index (SPI), total Scottish sales increased by 0.7 per cent, the fastest growth since August 2014 barring Easter distortions.

Average rents in Scotland have risen 1.7 per cent in the past year, less than a third of the rate seen in the rest of Britain, according to new figures. The latest buy-to-let index from lettings agent Your Move found that annual rent growth in Scotland has plateaued after a summer uplift while the r

Steel firm Tata has announced the closure of its two Scottish plants with the loss of 270 jobs as the firm plans to stop production of steel plate across its European business. Tata said today’s announcement comes in response to a shift in market conditions caused by a flood of cheap imports, part

Imtaiz Ali, John Oag and Dawn Younie. A Highland business trio have unveiled a premium new water brand using water extracted from the most famous loch in the world following a six figure investment.

A restored, historic former Glasgow shipyard head office is to open its doors along with a host of other projects that have benefited from loans supplied by the ethical Charity Bank. The Fairfields building in the city’s Govan Road, which was restored with help of the Charity Bank, will be among t

New rules introduced by the UK government have taken their toll on Scottish-based payday lender the Cheque Centre which has just posted losses 70 per cent higher than last year. Results for the Edinburgh-based company, which is owned by US company CNG Financial Corp, said it had pulled out of short-

The Nationwide Building Society has launched a first of its kind support service for people affected by cancer. Britain’s biggest building society and second largest mortgage lender said the new service demonstrates the vital role the financial industry can play in supporting customers with cancer

Levels of ‘critical’ business distress have plummeted in Scotland since last year, according to data released today by business rescue and recovery specialist Begbies Traynor. The data shows a small rise of 4 per cent in the most common medium term indicators of ‘significant’ business distre

Euan Bell of Ultimate Finance Scottish construction firms are being encouraged to use outstanding invoices as leverage to help generate more funding.

Edinburgh-based insurance giant Standard Life has become the latest firm to be included in a new UK-wide league table which ranks the UK’s companies by the value of their intellectual property. Standard Life group’s intellectual property holding arm, Standard Life Employee Services Limited, has

To protect Scotland's relationship with unions, it should be excluded from the entire Trade Union Bill according to the Scottish Government. Cabinet Secretary for Fair Work Skills & Training Roseanna Cunningham has made the request in a letter to the UK Minister for Skills, Nick Boles.