TSB has announced its 2020 full-year results revealing a £204.6 million statutory loss before tax. The bank said that its financial performance had been 'significantly impacted' by the coronavirus pandemic.
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Virgin Money, owner of Glasgow-based Clydesdale Bank, has added fintech Codat to its growing team of technology partners as it strengthens its digital business banking credentials. London-headquartered Codat’s financial technology offer will play a key role in allowing seamless and s
The Scottish Retail Consortium (SRC) has launched its retail manifesto for the 2021 Scottish Parliamentary elections.
The Bank of England has reported that mortgage approvals for house purchases edged back slightly to 103,381 in December from 105,324 in November, which was the highest level since August 2007.
The Financial Conduct Authority (FCA) has published a report on change and innovation in the unsecured consumer credit market following a Review by its former interim chief executive, Christopher Woolard CBE. The Woolard Review sets out how regulation can better support a healthy market for unsecure
Annual house price growth slows for first time in six months as end of stamp duty holiday approaches
Annual house price growth slowed to 6.4%, from 7.3% in December, according to the latest Nationwide House Price index.
More than 10.7 million people submitted their 2019/20 Self Assessment tax returns by the 31 January deadline, HM Revenue and Customs (HMRC) has revealed. The remaining 1.8m whose tax return is now late will not be charged a late filing penalty provided they submit their return online by 28 February.
More than a third of businesses in Scotland have seen an employee move on because their mental wellbeing wasn’t being looked after, with a quarter losing a key member of their workforce, according to new research from not-for-profit healthcare provider, Benenden Health.
Over £40 million of coronavirus business support has been provided by Scottish Borders Council to businesses across the region to date. The funds have been administered by the council on behalf of the Scottish Government to mitigate the immediate financial challenges businesses have faced as a
The Gambling Commission has announced a package of strict measures which will strengthen the protections and controls for those who gamble through online slots games – including the introduction of limits on spin speeds, and the permanent ban on features that speed up play or celebrate losses
The losses suffered by the Scotch Whisky industry as a result of tariffs on Scotch Whisky exports to the United States have reached half a billion pounds, in a situation the industry warns is unsustainable.
Investment in Scotland’s tourism and rural economy has increased to £1.12 billion, prioritising those sectors, business and communities disproportionately impacted by coronavirus and Brexit. This includes delivering over £613 million in ongoing agricultural support which will provi
Housebuilder and offsite timber systems manufacturer Stewart Milne Group has bounced back to profitability following a “transitional” financial year in 2018/19 which was adversely impacted by poor market conditions and exceptional items of £43 million. Historic accounts for a&
Dentons’ Scottish private client team is joining Shepherd and Wedderburn, creating one of Scotland’s largest private client practices and expanding the specialist asset protection, personal tax planning, trusts, executries and succession planning support available to clients. The arrival
A lawyer who inadvertently broadcast himself having sex with his client to a bemused judge in an online court hearing has been disbarred for life.