News

The Financial Conduct Authority (FCA) has written to major banks today asking them to provide evidence of how they arrived at their overdraft pricing decisions.

The Scottish Government needs to be clearer about the role of private finance in public infrastructure projects, according to public sector watchdogs after a new report found schools, hospitals, roads and other assets will cost the public sector more than four times their capital value. Models for i

Scotland’s ambitious social entrepreneurs can now secure up to £10,000 in grant funding thanks to the launch of a new funding challenge from Social Investment Scotland (SIS). Following two successful rounds, the ‘Growth & Replication Challenge’ returns for a third year to

Ahead of the Scottish Budget, CBI Scotland has called on politicians of all parties to put the economy at the front and centre of the political debate in Scotland and focus on policies that will strengthen the economy and encourage investment.

The Royal Bank of Scotland has applied for a licence to serve alcohol at its Aberdeen city centre offices.

The Pensions Regulator has fined the retirement scheme of the Financial Conduct Authority (FCA), in a rare instance of one watchdog issuing a fine to another.

The Competitions and Markets Authority (CMA) has urged that legislation should break up the UK's largest accountancy firms known as 'The Big Four' after it emerged that the profession is engaging in talks to enact a self-imposed split.

JK Rowling's profits from her Pottermore Ltd company more than doubled in 2019 from £3.4 million to £6.9m, according to accounts filed at Companies House.

Kelvin Capital has seen a 19% increase in its total investments in 2019, compared to 2018 levels. The record figure saw £12.5m being invested, up from £10.5m in 2018, with new syndicate members joining from Europe and the Far East.

The number of first-time buyers in Scotland rose to 33,558 in 2019, an increase of more than 90% from 17,580 a decade ago, according to the latest research from Bank of Scotland.

The economic picture in Scotland is looking more encouraging, with instances of ‘critical’ financial distress showing a marked decrease in the final quarter of 2019 compared with the same period the previous year – the first year on year fall in nine months. The latest Red Flag Ale

CMS has announced the appointment of Julie Devlin, who joins the firm’s finance practice group as an of counsel. Set to be based in Glasgow, Ms Devlin joins CMS from Dentons, bringing a wealth of experience in the specialist area of regulated credit and hire which significantly bolsters C

Businesses can now apply for interest-free loans of between £5,000 to £100,000 to help invest in digital technologies and skills. Kate Forbes, digital economy minister, officially opened the second phase of the Digital Development Loan for applications as she visited a previous recipient

Investment in Scottish commercial property remained resilient despite a dip in volumes amid political and macro-economic challenges, according to new analysis from Knight Frank. The independent real estate consultancy found that £2.074 billion worth of deals concluded in 2019. This was 10.38%

A “world-leading” Energy Transition Zone (ETZ) is planned for Aberdeen to accelerate the delivery of net zero solutions and secure a strong economic future built on offshore wind, hydrogen, and carbon capture usage and storage (CCUS), alongside oil and gas.