Last year saw the average pension fund post its biggest losses in a calendar year since the financial crisis in 2008.
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As they prepare to be grilled by MPs today, the heads of Deloitte, KPMG, EY and PwC have written to the Commons business committee to plead for the competition watchdog to postpone a planned overhaul of the audit market until the completion of a separate review by Donald Brydon, chairman of the Lon
Santander has removed itself from the shortlisted lenders vying for a share of the £275 million incentivised switching scheme for SME customers established under the terms of Royal Bank of Scotland (RBS) bail out agreement.
Edinburgh’s LendingCrowd has been named as the only Scottish company to join the prestigious Upscale programme, now in its fourth year. LendingCrowd, the fintech lending platform, is one of 30 fast-growing startups selected for the Tech Nation programme from over 100 applications. The LendingC
The European Commission has fined payments giant Mastercard €573m ($650m, £504m) for anti-competitive behaviour. The regulator said Mastercard had be admonished for preventing retailers from utilising cheaper banking services outwith their home country.
A Dundee accountant, who received a life-changing cancer diagnosis while pregnant with her son, has thanked her ‘incredibly generous' colleagues for their year-long fundraising campaign. Paula McAllister, senior manager with EQ Chartered Accountants in Dundee and mum to one-year-old
Growth or value? That has been the question on many investors’ minds as markets took a turbulent turn through the autumn months. They represent the two main schools of thought when it comes to investing and investors often try to lump stocks into one or other of the two categories. Of course,
Despite having the largest listing of the year in the final quarter, UK IPO activity in 2018 fell as companies weighed up Brexit uncertainty, according to EY’s latest IPO Eye report. 2018 saw a total of 79 IPOs listing in London - 44 on the Main Market and 35 on AIM - raising £9.5bn.
UK household debt rose sharply over 2018, with unsecured debt (debt other than mortgages) reaching new highs.
A city banker who was once sacked from his job at Aberdeen Asset Management has been jailed for a minimum of 19 years after being found guilty of killing a blonde socialite living a secret double life as an escort.
Housing, care and property management group Wheatley has secured a ground-breaking investment of £76.5 million that will enable it to build hundreds of new affordable homes. The 25-year debt funding deal provided by Scottish Widows, through its partnership with the Bank of Scotland’s Rea
Scottish companies will be helped to trade internationally with up to £2 million in investment, over three years, as part of the Scottish Government’s export growth plan.
Two designer watches have been sold at auction as part of the final UK held assets linked to a muti-million pound VAT fraud which spanned the globe. Ronnie Decker, who is originally from Sierra Leone but educated in Scotland, was linked to a scheme where VAT on bogus transactions was claimed back th
Scottish businesses owners remain "hostile to the idea of Brexit", accountants and financial advisers French Duncan have said after a new survey showed two thirds of Scottish businesses don't believe they will benefit from Brexit. Just over eight per cent of businesses said they thought their busine
The issue of a potential bridge linking Northern Ireland to Scotland has reared its head once more after the idea was highlighted by Boris Johnson and other UK politicians.
