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A group of 12 new trainees have taken up posts with accountancy firm EQ Accountants LLP, the largest number ever recruited by the firm in a single year.

Wealthy London homeowners planning to dig underground extensions are to be hit by Britain’s first “basement tax” in a fresh crackdown on so-called iceberg homes, according to the London Evening Standard.

The Nationwide is to launch a 95 per cent LTV tracker deal for home buyers with a small deposit.

Rosalie Chadwick By Rosalie Chadwick, partner and head of corporate finance at Pinsent Masons LLP

Glasgow-based Clydesdale Bank has launched of a range of new mortgages, including a five year mortgage with a rate of 2.44 per cent which it claims as its ‘best ever’ such deal.

Paul Charmatz A higher proportion of loans to businesses in Scotland are now being made by challenger banks compared with the UK as a whole.

Control over VAT should be devolved to Holyrood after the UK leaves the European Union (EU), a think-tank has suggested.

Deutsche Bank yesterday downgraded stocks in Edinburgh-based banking giants Royal Bank of Scotland and Lloyds to adjust for what it said was a “lower-for-longer” environment.

Nigel Anderson A North-east financial firm has added to its team and its geographical reach by appointing a new financial advisor.

Thirteen of Scotland’s leading business organisations have today written a joint letter to the Scottish Government’s Cabinet Secretary for Finance and the Constitution seeking a reversal of the decision to double the Business Rates Large Business Supplement from 1.3p to 2.6p.

Australia's newest banknote goes into circulation on 1 September with a tiny new feature designed to help people who are blind or visually impaired.

Latest data released today by the Financial Ombudsman has revealed that it received 4,186 complaints about payday loans in the first half of the year.

Nicola Sturgeon A new £500 million package of financial support for private sector business investment has been announced by First Minister Nicola Sturgeon as she set out plans to increase economic growth in her Programme for Government.

John Watson A new loan fund open to small and medium-sized businesses in the west of Scotland has been launched by the Glasgow Chamber of Commerce.

Scotland’s buoyant food and drink sector is set to increase employment, investment, exports and research and development spending in the next five years, according to a new survey from Bank of Scotland published today.