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British consumers have played a key role in the economy's third quarter bounce back, as retail sales volumes rose by 1.5% in September, according to the latest figures from the Office for National Statistics (ONS).

National Savings & Investments (NS&S) has said that it could cut interest rates further and close products after savers invested a record sum of nearly £40 billion during the coronavirus lockdown.

Chartered surveyors DM Hall said the post-lockdown property boom has been “like a dam burst ” as pent-up demand has seen a surge of interest from prospective buyers. Alan Gordon, senior partner, said the property market has proved to be extremely resilient and has “behaved very wel

Glasgow-based start-up Vistalworks, which develops technology to keep consumers safe online, has struck a deal with the Lithuanian government to crack down on illicit trade. The firm will spearhead closer ties between Scotland and Lithuania’s GovTech Lab, which encourages innovative solutions

Royal Bank of Scotland and Heriot-Watt University have announced a new scholarship targeted towards black and minority ethnic finance students. Along with supporting BAME students to overcome financial barriers, the scholarship supports the Bank and the University’s commitment to addressi

The Isle of Harris Distillery has been supported with a £750,000 CBILS loan from HSBC UK to help mitigate the potential impacts of lockdown and refocus on international growth.

Gabriel Investment Syndicate has led a six-figure investment in Glasgow-based start-up Attis Fitness.  The firm has created the first-ever wearable fitness tracker to provide lab-grade analysis. The funding from the investor group will help the firm take its tech worldwide. 

HMRC is reminding Self Assessment customers that there are just 100 days left to complete their tax return ahead of the deadline on 31 January 2021. Each year, around 11 million customers complete a Self Assessment tax return. Customers can complete their 2019-20 tax return at any time up to the dea

Barclays has beaten profit forecasts with its third quarter pre-tax profits reaching £1.1 billion after taking a smaller hit from the coronavirus crisis than the City had expected. The £1.1bn profit is more than double the £507 million forecast by analysts and significantly higher

UK regulators have fined Goldman Sachs almost £100 million as part of a $2.9 billion settlement with authorities around the world for the investment bank’s role in Malaysia’s 1MDB scandal. Yesterday, the Prudential Regulation Authority (PRA) fined the bank £48.3m —

A man from West Sussex has raised almost £5,000 for homeless charity Turning Tides by drawing "rubbish" pictures of pets. 

US private equity group Lone Star has launched a £630 million takeover bid for McCarthy & Stone with the retirement homes specialist's board recommending that shareholders accept the offer.

UK banks are turning away mortgage business by increasing interest rates on several new mortgages as they struggle to cope with soaring demand for borrowing in the post-lockdown housing market.

TSB has introduced new mortgages for first time buyers, making it easier for young people to get a mortgage - so long as they have a 15% deposit. On Friday, the lender revealed a range of mortgages for first-time buyers which use an easier stress test than for home-movers. A stress test is a calcula

CMS has announced the appointment Jae Fassam as a pensions partner in Edinburgh, bringing the total partner count across its UK pensions law practice to 18. Mr Fassam joins from Pinsent Masons.