A Scottish law firm has estimated that premium bonds, dormant bank accounts, National Savings and Investments and pensions worth billions are currently lying untouched because more than 15,000 estates dating back as far as the 70s have yet to be claimed. Aberdein Considine said that among the UK tot
News
bPay Wristband This week sees a first for the UK consumer as Barclaycard introduces the country's first ‘wearable’ instant payment gadgets.
Edinburgh-based Royal Bank of Scotland, which six years ago was the largest bank in the world, has been reduced to 18th in the the global Top 1,000 banks table, as compiled by industry publication The Banker.
Kirsty Kirkhope, Raymond MacHugh, Jennifer Watson and Craig Edwardson. Scottish PR and digital marketing agency The BIG Partnership has boosted its digital headcount by almost 50 per cent in the past 12 months s in response to growing demand for online services.
Aberdeen-based private equity house Maven Capital Partners has announced that it has realised its investment in the environmental services and equipment specialists MSIS, following a sale to London-based Primary Capital for £19.5 million. Maven said the sale has achieved a 3.5x multiple return on t
Reducing the cost of regulatory compliance should be the new Conservative government’s priority for financial services, according to banks, building societies and life insurance firms. Tax stability was also ranked highly and was the number one concern for general insurers and investment managers,
Migrants push UK population to record high of 64.6 million The UK population grew by almost half a million last year to 64,596,800, according to figures from the Office for National Statistics.
Amazon has faced similar criticism in the United States. Online retail giant Amazon has sparked renewed anger after it emerged that the group’s UK business paid just £11.9 million in tax last year on UK sales of £5.3billion.
The Scottish Government has dramatically revised down its estimates of how much revenue will be generated from North Sea oil and gas over the next four years. According to the 20 page oil and gas bulletin, Scottish North Sea oil revenues could drop to £500 million next year, a fraction of £7.8bn i
Angela Seymour Jackson Angela Seymour Jackson is managing director, workplace solutions at Edinburgh-based Aegon UK
Chas Booth The City of Edinburgh Council has unanimously passed a motion to express concern about the effects of the proposed Transatlantic Trade and Investment Partnership (TTIP) on local services, jobs, suppliers and democracy.
Priti Patel Thousands jobseekers around Scotland have taken advantage of the government’s New Enterprise Allowance (NEA) scheme to start their own businesses over the course of the recent months.
Still 80 per cent taxpayer-owned Royal Bank of Scotland has taken the unusual step of offering a reward of up to £15,000 for information relating to an armed robbery that took place at one of its West Dunbartonshire branches last week. The incident took place on Wednesday June 17 when a man in a ba
A former Santander bank manager described as a "Walter Mitty" character has admitted stealing almost £90,000 from the Dundee branch where he worked. Gordon Irvine, 33, from West Lothian, was found guilty by a jury at Dundee Sheriff Court of embezzling £89,340 from Santander over eight months in 20
Edinburgh-based insurance giant Standard Life has announced that it is to close its business in Singapore taking a £45 million hit in the process. In a stock exchange announcement, SL said its insurance business in Singapore would no longer accept new applications or contributions to existing plans