Scotland has again seen year-on-year rises in levels of ‘significant’ Scottish business distress, the signals that indicate the early signs of financial problems, according to data released today by business rescue and recovery specialist Begbies Traynor. The firm's quarterly ‘Red Flag Alertâ€
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(L-R) GSS Development chairman Dr George Stevenson with directors Tim Stevenson and Paul Stevenson Work has started on a £24 million development in Edinburgh’s vibrant Exchange district which will provide 35,000 sq ft of office space and 11,000 sq ft of ground floor retail units.
More than one in 10 Scots in relationships (12 per cent) have a secret stash that their partner is unaware of, the latest Bank of Scotland How Scotland Lives research has uncovered. Women are the most secretive with just under a sixth (14 per cent) confessing to stashing money away from their partne
Dundee City Council will have to make cuts of £23 million over the next financial year, the local authority has revealed. Previously, council chiefs had said that they would need to find £28m worth of savings spread over 2016/17 and 2017/18, however, the authority is now saying that £23m of cuts
Police Scotland will need to make further savings according to the single force's new Chief Constable, Phil Gormley.
The Financial Conduct Authority (FCA) has today hit Barclays Bank with a record fine of more than £72 million for failing to minimise the risk that it may be used to facilitate financial crime. The failings relate to a £1.88 billion pound transaction that Barclays arranged and executed in 2011 and
New research from Aberdeen Asset Management has revealed the integral part that governance plays in the investments asset managers make and what clients expect of them. Nearly 90 per cent (89 per cent) of financial services decision-makers considered effective governance to be a critical driver of i
Fraser Lusty An audience in Inverness will hear tomorrow how crowdfundng is performing a vital role by filling a finance gap for Scotland’s investors and businesses.
Edinburgh-based Smart Data Foundry (SDF) has released new data showing that people living in the North East of England have the lowest financial resilience in the UK, while those in the Highlands and Islands have the highest. Figures from SDF’s Economic Wellbeing Explorer, a new, map-based res
Brian Cox is to return to the stage in Scotland after a decade as part of a new play telling the story of Royal Bank of Scotland’s role in the 2008 financial crash.
Scottish Friendly has announced a strategic partnership with FinTech Scotland, highlighting the growing significance of further developing and improving fintech innovation across all financial services sectors, including life, savings, and investments. By joining forces with FinTech Scotland, Scotti
Some 18.2% of UK-listed companies issued profit warnings in 2023, surpassing the levels witnessed during the 2008 financial crisis, as indicated by EY-Parthenon's latest Profit Warnings report. In total, 294 profit warnings were issued in 2023, a small decrease of 11 from 2022 when 305 warnings were
Family law expert Tom Quail discusses the new guidance for cohabiting couples in Scotland which will entitle partners to financial support in the event of separation. The recommendations made by the Scottish Law Commission in its latest report will simplify the law while offering a broader range of
The nationwide independent financial advice and fund management firm One Four Nine has completed its fourth acquisition with the purchase of Glasgow-based APC Financial Solutions & Consultancy Services. The move expands the Group’s footprint into Scotland, increasing the firm's Assets Unde
The March 2022 Football Distress Survey, conducted by business recovery specialist Begbies Traynor, has highlighted that Scottish clubs are keeping a better handle on their finances and more realistic player payroll than their counterparts in the English Football League.
