News

The losses suffered by the Scotch Whisky industry as a result of tariffs on Scotch Whisky exports to the United States have reached half a billion pounds, in a situation the industry warns is unsustainable.

The Financial Conduct Authority (FCA) has published a report on change and innovation in the unsecured consumer credit market following a Review by its former interim chief executive, Christopher Woolard CBE. The Woolard Review sets out how regulation can better support a healthy market for unsecure

Annual house price growth slowed to 6.4%, from 7.3% in December, according to the latest Nationwide House Price index.

British households repaid the most money borrowed on credit cards and loans in 2020 since records began despite the economic uncertainty caused by the coronavirus pandemic.

The Bank of England has reported that mortgage approvals for house purchases edged back slightly to 103,381 in December from 105,324 in November, which was the highest level since August 2007.

The Scottish Retail Consortium (SRC) has launched its retail manifesto for the 2021 Scottish Parliamentary elections.

The Gambling Commission has announced a package of strict measures which will strengthen the protections and controls for those who gamble through online slots games – including the introduction of limits on spin speeds, and the permanent ban on features that speed up play or celebrate losses

More than 10.7 million people submitted their 2019/20 Self Assessment tax returns by the 31 January deadline, HM Revenue and Customs (HMRC) has revealed. The remaining 1.8m whose tax return is now late will not be charged a late filing penalty provided they submit their return online by 28 February.

Over £40 million of coronavirus business support has been provided by Scottish Borders Council to businesses across the region to date. The funds have been administered by the council on behalf of the Scottish Government to mitigate the immediate financial challenges businesses have faced as a

More than a third of businesses in Scotland have seen an employee move on because their mental wellbeing wasn’t being looked after, with a quarter losing a key member of their workforce, according to new research from not-for-profit healthcare provider, Benenden Health.

Investment in Scotland’s tourism and rural economy has increased to £1.12 billion, prioritising those sectors, business and communities disproportionately impacted by coronavirus and Brexit. This includes delivering over £613 million in ongoing agricultural support which will provi

A lawyer who inadvertently broadcast himself having sex with his client to a bemused judge in an online court hearing has been disbarred for life.

Anderson Anderson & Brown (AAB), the tech-enabled critical business services group, has been named top financial advisers in Scotland in Experian’s 2020 United Kingdom and Republic of Ireland M&A Review. AAB retained their top place from 2019 having advised on 25 deals included in Expe

Wealth management group James Hambro & Partners (JH&P) has hired 7IM’s former head of wealth management, Alex Montgomery, to head up a new office in Edinburgh. Mr Montgomery was joint CEO at respected Scottish wealth manager Tcam Asset Management, which managed over £1 billion of

TSB has announced its 2020 full-year results revealing a £204.6 million statutory loss before tax. The bank said that its financial performance had been 'significantly impacted' by the coronavirus pandemic.