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The final quarter of 2018 saw levels of advanced financial distress in Scotland continuing to rise sharply across the majority of sectors, according to research released today by business rescue and recovery specialist Begbies Traynor. The company’s quarterly Red Flag Alert data which reveals

A new prospectus, created by industry, to showcase the strength of Scotland’s financial services sector is to be formally launched at the Guildhall in London tonight. The document will be shared publicly for the first time at an appropriately themed Burns Supper event, hosted by the Lord Mayor

Former Virgin Money chief executive Dame Jayne-Anne Gadhia has been appointed as an external member of the Bank of England’s Financial Policy Committee (FPC), along with Dame Colette Bowe, current chairman of the Banking Standards Board. Dame Colette and Dame Jayne-Anne will replace Richa

Alan McIntosh Senior Money Adviser Alan McIntosh looks ahead to a future without the Common Financial Tool

Caroline Gardner The Scottish Police Authority (SPA) has made progress but concerns remain about its ability to balance its budget and meet longer term strategic objectives, the Auditor General has found.

Barry O'Neill and Darren Lees of Carbon Financial Carbon Financial has once again won the Gold Standard Award for Independent Financial Advice, becoming one of only eight firms in the UK so recognised this year.

Michael D’Arcy Efforts to encourage Scottish and Irish financial businesses to work more closely together is to be at the centre of affairs when Michael D’Arcy, Ireland’s Minister of State at the Department of Finance, visits Edinburgh on Friday 16 November 2018.

Jonathan Cary There has been a 28 per cent rise in the number of individuals being banned from working in the financial services industry by the FCA last year, increasing to 23 in 2017/18 (September 20), up from just 18 the previous year, says City-headquartered law firm RPC.

The UK remains the world’s leading net exporter of financial services, generating an industry trade surplus of £68bn (equivalent to $88bn) in 2017, nearly equal to the next three leading net exporting countries combined (the US, Switzerland, and Luxembourg).

Five businesses have been selected as finalists for this year’s Scottish Financial Services Awards.

The University of Glasgow has published a comprehensive report into the institution’s historical links with racial slavery and the significant financial support it received from people whose wealth at least in part derived from slavery in the 18th and 19th centuries.

ibis Styles Glasgow Centre West has opened in Glasgow’s International Financial Services District (“IFSD”) following an £11.25 million investment led by the Glasgow-based private equity and property manager, Maven Capital Partners.

The impact of a “no-deal” Brexit scenario on the financial services sector has been outlined in a list containing the first batch of official assessments published today by the UK government.

RBS has announced that Katie Murray will take over as interim chief financial officer from Ewen Stevenson at the start of October. Mr Stevenson, who resigned from the post at the end of May, will step down from the Board and cease to be CFO on 30 September 2018.

A looming crisis over the failure of cross-border financial contracts post-Brexit is posing a significant risk to financial stability and the personal finances of millions of people, according to TheCityUK.