News



Legal & General Retail Retirement acquires MyFutureNow

Legal & General Retail Retirement (LGRR) has acquired MyFutureNow, which specialises in pension pot tracing and consolidation.

Published 12 August 2019

Blog: Plots, pitches – and our take on private banking

By Graeme Hartop, chief executive at Hampden & Co

Published 12 August 2019

UK employment outlook hits lowest level in more than a year

The outlook for employment in the UK has fallen for the third consecutive month following half a decade of near sustained growth, according to a new report from accountants and business advisors BDO LLP.

Published 12 August 2019

46 per cent of FTSE 350 DB pensions schemes now in a surplus as total deficits fall by £16bn

FTSE 350 DB pension scheme deficits have fallen by nearly a third and a growing number of firms approach the financial position required to buyout their liabilities, according to the latest research from Barnett Waddingham.

Published 12 August 2019

Hamilton dental surgery to expand in deal supported by Barclays

Two brothers are keeping it in the family after purchasing an established Hamilton-based dental surgery with significant funding support from Barclays.

Published 12 August 2019

And finally... shopkeeper wanted for Scotland's most remote retailer

A shop on the uninhabited Scottish archipelago of St Kilda needs someone new to run it, its owners have said.

Published 12 August 2019

Nationwide refunds £6m to customers following CMA probe

Nationwide has been told to refund £6 million to affected current account customers after it broke a legal order from the Competition and Markets Authority.

Published 9 August 2019

Banking protocol prevents over £7m of fraud transactions in Scotland

More than £7 million worth of fraudulent transactions have been prevented in Scotland in the last financial year (April 2018 – March 2019) as a result of the Banking Protocol a rapid response scheme aimed at preventing bank customers from falling victim to scams.

Published 9 August 2019

Aviva profits rise as boss hints at Asian division sale

Insurance giant Aviva, which employs 2,500 staff across hubs in Perth and Bishopbriggs, has announced that first half operating profits rose 1 per cent to £1.4bn driven by a strong result in general insurance, which more than offset weakness in fund management and the lack of longevity reserve releases in life insurance.

Published 9 August 2019

Co-op Bank vows return to profitability as losses narrow

The Co-operative Bank has posted half year results showing that it narrowed its losses in the first six months of the year, but warned that profitability is under pressure in the mortgage market.

Published 9 August 2019

British economy shrinks for first time in seven years

The UK’s economy has unexpectedly shrank 0.2 per cent in the second quarter – its first contraction since the last quarter of 2012, when GDP fell by the same amount.

Published 9 August 2019

Accenture announces new Scottish leadership team

Professional services company Accenture has announced the appointment of Michelle Hawkins and Les Bayne as joint regional managing directors for Scotland.

Published 9 August 2019

Almost half of Scots paying £2,300-a-year too much for their mortgage

Four in 10 Scottish homeowners could be £2,300-a-year better off by switching their mortgage, according to new research.

Published 9 August 2019

Construction bodies lobby Treasury over reverse VAT charges

Sixteen UK construction bodies have written to the British Government to share serious concerns regarding the implementation of reverse VAT charges which are due to take place on 1st October, and have called for a delay in implementing the new rules.

Published 9 August 2019

Blog: No time to waste on construction VAT changes

Alex Nicholson is VAT director for Armstrong Watson, accountants, business and financial advisers, warns Scottish construction firms to act now in preparation for the VAT domestic reverse charge

Published 9 August 2019