News



FSB: Scotland’s smaller firms plead for late payment action

Governments in Edinburgh and London need to deliver a new drive to stop big businesses paying their smaller suppliers unacceptably late, according to the Federation of Small Businesses. &nbsp

Published 18 February 2019

And finally... Natwest worker tells vegan customer she should be punched in the face

A customer who called a Royal Bank of Scotland subsidiary Natwest to apply for a loan was told "all vegans should be punched in the face".

Published 18 February 2019

RBS issues Brexit warning and special dividend as profits double

Still more than 60 per cent taxpayer-owned Royal Bank of Scotland has announced today it plans to pay embattled shareholders a special dividend as it posted a doubling of profits.

Published 15 February 2019

Aegon UK profits up as boss signals post-Brexit commitment

Aegon UK, which employs 2,2400 staff at its Edinburgh Park headquarters, including 286 in the Kames Capital-branded asset management arm, has posted a 10 per cent increase in annual underlying earnings, to €128 million (£113m), from €116m.

Published 15 February 2019

Scotland outpaces England for growth in startups looking for angel investment

While London is the leading centre for startups entrepreneurs seeking angel investors, its overall share of startups has fallen slightly from the previous year with Scotland outpacing England in growth of the number of startups look for funding, new figures have revealed.

Published 15 February 2019

No deal Brexit could complicate cross border debt enforcement, warns RSM

Lenders could find it much harder to enforce cross border debts in the event of a no deal Brexit, RSM has warned.

Published 15 February 2019

RBS offers a boost to small business growth in the North East

Royal Bank of Scotland’s new business programme aimed at driving small business growth is to come to Aberdeen next Tuesday (February 19).

Published 15 February 2019

Devolved administrations call for clarity on future funding post-Brexit

Scotland’s Finance Secretary Derek Mackay and his Welsh counterpart Rebecca Evans have called on the UK Government to provide clarity on post Brexit funding, future budgets and public sector pensions, ahead of a meeting with Chief Secretary to the Treasury Liz Truss in Cardiff.

Published 15 February 2019

Scottish firms shortlisted for the first NatWest Local Hero Mortgage Awards revealed

NatWest is recognising brokers in the mortgage industry that have gone beyond everyday expectations to put the customer and their local community at the heart of their firm.

Published 15 February 2019

Standards Commission concerned poor conduct on public boards in Scotland goes unreported

A survey of public bodies in Scotland has revealed that most board members would be reluctant to complain about their colleagues, though reported bullying and other kinds of 'disrespectful conduct' are in the minority.

Published 15 February 2019

And finally… Scots are anxious about their money manners

While some may believe manners are slipping in the 21st century, Scots are still concerned about appearing polite where cash is concerned, with 40 per cent of people from Scotland saying they are worried about committing a financial faux pas or appearing ill mannered when it comes to money, new research has revealed.

Published 15 February 2019

KPMG secures future of Patisserie Valerie and Philpotts with two deals

KPMG, administrators of Patisserie Holdings plc and its subsidiaries, has today announced that the businesses of Patisserie Valerie and Philpotts have been sold in two separate transactions, which collectively preserve all 117 stores and safeguard approximately 2000 jobs.

Published 14 February 2019

Maven backs UK Fintech platform Mojo Mortgages

Glasgow-based investment firm Maven Capital Partners has co-led a £3.25 million equity investment in UK Fintech business Mojo Mortgages, which aims to create a better mortgage experience by providing a full market comparison of mortgage providers.

Published 14 February 2019

Scott James Wealth Management expands team with new financial adviser

An Aberdeen-based investment specialist has expanded its team with the appointment of an experienced financial adviser following a period of continued growth for the business.

Published 14 February 2019

UK remains leader in fintech investment but loses global crown

The UK remained the top destination for fintech investment activity in Europe with over $20.7bn in deals in 2018, though, the UK lost its global crown from H1 with the activity tailing off in the second half of the year, according to the latest KPMG Pulse of Fintech report.

Published 14 February 2019