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Clydesdale Bank, which is owned by Virgin Money, has announced that it will now accept variable income such as bonus, commission and overtime in its mortgage affordability assessment. A prospective buyer's variable income must have been received after 2 December 2020 to show that borrowers have

UK banks are pushing the Treasury to increase the contactless payment limit from £45 to £100. If approved, the move would be one of the UK's first firm examples of parting company with the EU on banking standards.

Twelve Londoners have been fined for breaking Tier 4 COVID-19 restrictions after playing a game of dominoes in a restaurant.

Ashtead Technology, which has facilities in Aberdeen and Inverurie, has appointed a chief financial officer (CFO) and five managers for newly created roles across its international team. Ingrid Stewart assumed the new CFO position this week, bringing 23 years of corporate finance experience to the A

Dundee-based fintech firm Waracle has announced plans to expands its team this year as it looks to welcome 100 new staff members. Waracle is already Scotland’s largest app developer, employing around 200 staff across its Dundee, Glasgow, Edinburgh and London offices.

Scotland’s first ‘business decelerator’ is set to bring global business leaders to the Isle of Bute this weekend via an online summit. RESET 2021 aims to guide participants to refresh, recharge and reinvent their futures through a series of interactive and inspirational sessions.

Finance secretary Kate Forbes has said that the Scottish Government is both 'surprised and disappointed' over Chancellor Rishi Sunak's business support announcement made yesterday. The chancellor announced that UK businesses in the retail, hospitality and leisure sectors are to receive a one-of

Jonathan Smith, an Aberdeen-based business coach and facilitator at The Alternative Board (TAB), provides advice on how to help managers in all business sectors in Scotland manage better. Countless managers have confided in me over the years that they find the supervisory element of their role chall

Kirkcaldy-based fintech Paysend has seen its revenue soar by more than 250%. For the year ending December 31 2019, Paysend's turnover increased from £4.3 million in 2018, to £15.1m.

The UK new car market fell by almost a third (29.4%) in 2020, with annual registrations dropping to 1,631,064 units, according to figures published today by the Society of Motor Manufacturers and Traders (SMMT). A -10.9% decline in December wrapped up a turbulent 12 months, which saw demand fall by

The majority of Scottish SMEs remain focused on improving their environmental sustainability despite COVID19, according to Bank of Scotland’s Commercial Banking’s Business Barometer. More than half (56%) of Scottish SMEs said becoming more environmentally sustainable is important to thei

Keith Anderson, CEO of ScottishPower, has taken over from Edrington’s Graham Hutcheon as chair of CBI Scotland. Mr Anderson also joins the CBI chairs’ committee, the body responsible for setting and steering CBI policy at a UK level.

A joint venture between Apache Capital and Harrison Street is to fund a landmark build-to-rent (BTR) development in central Glasgow.

Andrew McPhillips has been appointed development director for Legal & General Strategic Land Limited. In his new role, Andrew will be responsible for managing a portfolio of strategic sites and will work closely with his colleagues at the CALA Group, the housebuilding arm of Legal &

Projects in Scotland with a specific focus on efficiency, cutting emissions and improving environmental performance have been selected by the Scottish Government as part of the next round of the Knowledge Transfer and Innovation Fund (KTIF). The new funding worth almost £63,000, will support p