The liquidator of a multi-million pound hedge fund who sued the company’s solicitors alleging that the firm “breached its fiduciary duties” to its client has had an action for payment of £7.3 million dismissed. A judge in the Court of Session ruled that while the pursuer had made a relevant c
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The Financial Conduct Authority (FCA) has initiated an assessment of nine firms, particularly concerning their savings products, in light of mounting concerns over unjust savings deals.
Recent TSB data analysis revealed a significant increase in gambling transactions among its customers between 2020 and 2022. The number of customers making more than four bets a day surged by 45%, with 8,100 customers engaging in this behaviour. The number of people gambling for more than four days
Emergency funding schemes launched in reaction to the coronavirus pandemic led to gross bank lending to small and medium-sized companies rising by 82% last year to £104 billion, fuelling concerns amongst UK firms about business debt.
UK consumers are taking a ‘pick n mix’ approach to how they make payments, with mobile banking, mobile payments and contactless all becoming increasingly popular, research by UK Finance has revealed.
Last year saw a sharp rise in £1 million-plus house sales in Scotland, according to new research from property firm Rettie and Co. The estate and letting agent said it had seen strong demand at the luxury end of the market, which saw a 25 per cent increase in activity year-on-year and a total
The number of overseas visitors from Europe increased sharply by 22 per cent in the 12 months to the end of September 2018, according to official statistics released today. In the same period, spending by European visitors in Scotland also registered an increase of 7 per cent, jumping from £1.
The commercial market for drone technology applications across the electricity, gas, mining and agriculture sector could spark a £1.1 billion boost to UK GDP by 2030, according to new research from PwC.
The average UK house price fell by 0.6 per cent in March compared to February 2017, according to new figures.
New figures from the National House-Building Council (NHBC) have revealed a rise in the number of new home registrations in Scotland.
Douglas Robertson New car sales in Scotland dipped three per cent in last month ending more than two years of near continuous growth, according to latest figures from the Society of Motor Manufacturers and Traders (SMMT).
The number of people using the HMRC app to pay their Self Assessment tax bill has increased by nearly 65%, according to new figures. Almost 340,000 people have used it to pay since 6 April 2025, an increase of 132,788 people compared to the same period last year.
Scottish law firm Ledingham Chalmers has posted its fourth consecutive year of revenue growth, with turnover rising over 9% to £15.6 million, and operating profit increasing by nearly 14% to £3.7m, for the year ended 31 March 2025. The increase reflects sustained performance across the c
Deloitte's UK business has reported its first annual revenue decline in 15 years, driven by a slump in its consulting arm. Despite the drop in income, average partner payouts rose to over £1 million as the Big Four firm implemented significant cost-cutting measures.
UK government borrowing has reached a higher-than-expected £20.7 billion in June, fuelled by soaring debt interest payments that place Chancellor Rachel Reeves under increasing pressure ahead of her Autumn Budget.
