News

Scottish factoring firm Newton Property Management has launched an industry-first loan scheme for staff to help provide interest-free access to funds if they need it. The company, which has offices in Glasgow, Aberdeen and Inverness, has pledged a six-figure employee benevolent fund to provide finan

Between December 2020 and February 2021, the average property selling price in East Fife, West Fife and Kinross was £218,393, up 11.9% compared to the previous year, according to the latest data from ESPC.

The Scottish Government has paid out more than half a billion pounds in lifeline support to Scottish businesses affected by the coronavirus pandemic since November 2020. The Strategic Framework Business Fund had paid out £214m by 22 February according to latest figures. Approximately 89% of th

Bank of Scotland owner Lloyds Banking Group has delivered £9 billion to the UK's social housing sector in three years. Since 2018, the bank has provided £9bn of funding to the UK’s social housing sector, outstripping its original £2.25bn funding commitment by £6.75bn ov

Criminals and scammers are taking advantage of young people's Covid-related financial troubles to hire them to unknowingly launder money, according to Cifas, the fraud prevention services.

Homeowners in the UK can fix their mortgage for 40 years as banks and lenders once again offer the loans that disappeared from the housing market in the 2008 financial crisis.

Several City of London firms are preparing to let staff work from home for a portion of the week, as the impact of the coronavirus pandemic continues to impact working habits.

Emergency funding schemes launched in reaction to the coronavirus pandemic led to gross bank lending to small and medium-sized companies rising by 82% last year to £104 billion, fuelling concerns amongst UK firms about business debt.

Business financial platform Tide has today revealed that small businesses in the UK spend £1.7 billion each time they run payroll for their employees, part-time and casual staff. 

Winston Churchill's slippers have sold for nearly £40,00 at an auction this week. The velvet slippers, which date back to the 1950s, are embroidered with Churchill'sWSC' initials in gold thread.

RSM’s corporate finance practice in Scotland has seen a doubling in deals activity when compared to last year - despite an unprecedented economic landscape due to the impact of COVID-19. The Scottish corporate finance team has advised on over 40 transactions in the last 12 months, including th

Scottish legal firm Anderson Strathern has announced a merger with Lerwick-based Neil Risk Solicitor and Estate Agent. The Shetland firm’s client base includes private clients, families, landowners and SMEs, with practice areas focused on residential property, private client, commercial proper

Standard Life Aberdeen (SLA) has reported a drop in operating profits from £301 million in 2019 to £219m in 2020. SLA's full-year results revealed that fee-based revenue of £1.425 billion was also down from £1.634bn, however, the financial services firm blamed this on the imp

Scottish Equity Partners (SEP) has completed a significant growth equity investment in Glasgow-based AutoRek, a provider of financial control, regulatory reporting and data management software. AutoRek’s cloud-based software as a service (SaaS) platform has experienced significant growth in th

Hillington-based fintech company Beeks Financial Cloud has revealed it is considering further acquisitions after seeing a 24% rise in revenues in its first-half results. For the six months ended 31 December 2020, the firm's revenues increased to £5.29 million, compared to £4.28m in the f