News

Boyd Legal appoints Gerry Cockburn as finance director

Boyd Legal appoints Gerry Cockburn as finance director

Experienced finance director Gerry Cockburn has joined Boyd Legal – bringing with him more than 25 years’ experience. Previously head of finance at the Faculty of Advocates and having held key roles at Gilson Gray and Capita-owned Optima Legal Services, Mr Cockburn will now be finance director at the Edinburgh-headquartered outfit. He said: “I’ve opted to make […]

FCA data reveals Britain’s worst bank

FCA data reveals Britain’s worst bank

Barclays has emerged as Britain’s most complained about bank following the publication of new Financial Conduct Authority data which shows the total number of complaints reported by firms in the second half of 2016 was 3.04 million. More than 438,000 of the complaints were about Barclays, which fielded them at a rate of more than 2,300 every […]

Thousands switching from Scottish banks

Thousands switching from Scottish banks

Record low interest rates, trimmed perks and continuing branch closures have seen Scottish banks haemorrhage current account customers, it has emerged. The trend has been illustrated most starkly at Royal Bank of Scotland which suffered a net loss of 9,162 accounts in the three months to September 30, 2016. Earlier this month Edinburgh-based RBS and […]

Investor sentiment dips again

Investor sentiment dips again

UK investor sentiment has dipped again in April, slumping by 1.65 per cent to 4.25 per cent. However, sentiment remains significantly higher than it was this time last year, when it was -0.24 per cent, suggesting that investors remain relatively upbeat especially when looking at opportunities around the world. Investor positivity towards UK-listed companies fell significantly this month […]

Payroll manager jailed for £35,000 embezzlement

Payroll manager jailed for £35,000 embezzlement

A Glasgow payroll manager who stole more than £35,000 from her employers has been jailed for 15 months. Eleanor Herd, 57, earlier admitted embezzling funds from Peel Ports Group’s Glasgow city centre office over a two year period. Glasgow Sheriff Court heard that she hid the money in the bank accounts of various family members. As […]

Number of personal insolvencies in Scotland soars

Number of personal insolvencies in Scotland soars

The numbers of personal insolvencies in Scotland rose by almost a fifth in 2016-17 compared with 2015-16, to hit 9,958. Provisional data shows the number of personal insolvencies in Scotland increased by 1,484 or 18 per cent, with final figures for the period to be published in July. While the number of personal insolvencies (bankruptcies […]

Virgin Money welcomes strong start to 2017 but remains vigilant over consumer lending

Virgin Money welcomes strong start to 2017 but remains vigilant over consumer lending

Virgin Money, which employs 200 in at its Edinburgh hub, has revealed that its credit card balances jumped 8 per cent in the first quarter. The Challenger bank, which operates north of the border from offices in the capital’s St Andrew Square, responded to the news by saying it intends to keep a close eye […]

New head of finance and corporate services appointed at housing association

New head of finance and corporate services appointed at housing association

Ochil View Housing Association has announced the appointment of Anne Smith as its new head of finance & corporate services, a role which includes additional responsibilities as depute director.   Anne joins from Cadder Housing Association where she spent three years as finance & corporate services manager.   As a qualified chartered accountant and member of the Institute of Chartered Accountants, […]

Scots under-represented on equity release

Scots under-represented on equity release

An Edinburgh lawyer has been invited as the sole Scottish representative to participate in a Commons committee discussing the potential value of the burgeoning equity release industry. Peter Boyd, managing director of Edinburgh headquartered Boyd Legal, is to travel to London to take part in the event ahead a planned White Paper which will explore the […]