There were more complaints about Bank of Scotland to the Financial Ombudsman Service (FOS) in the first half of the year than any other bank, according to new figures. There were 16,179 new complaints about Bank of Scotland between January and June 2019, down from 19,538 new complaints in the second
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Plans to deliver “world-class” office space for up to 3,000 employees in Glasgow’s International Financial Services District (IFSD) has been granted full planning approval by Glasgow City Council.
Edinburgh is still holding its own as one of Europe’s most influential financial services hubs despite ongoing Brexit uncertainty, according to a legal expert in the sector. The first six months of 2019 has seen strong levels of activity in financial services, with a range of deals taking plac
A new initiative in Scotland between academia and financial services has been forged with the creation of a new industry-academic group and appointment of its first Chairperson. The Scottish Financial Risk Academy (SFRA) an established industry-academic partnership dedicated to improving the un
Two men allegedly tried to use a blowtorch to break into an ATM – but instead welded it shut.
More than 400,000 Scots (10 per cent) have fallen victim to a financial scam at some point in their lives, new research by Bank of Scotland and YouGov has revealed.
The board of Scottish Financial Enterprise (SFE), the representative body for the financial services industry in Scotland, has selected Philip Grant of Lloyds Banking Group (LBG) as its new chairperson. Mr Grant's new role will be in addition to his position as chair of LBG’s Scottish executiv
Scotland’s construction firms are once again on the front line as one of the sectors worst affected by growing advanced or ‘critical’ distress in the country in the first quarter of 2019 compared with the same period the previous year, according to the latest data from insolvency s
Glasgow-headquartered chartered accountants Wylie & Bisset has today opened an office in the heart of Manchester’s financial district as it gears up to target growth across the north of England. Located at 3 Hardman Square, Spinningfields, the new office is headed by Wylie & Bisset joi
A first of its kind Innovative Finance ISA (IFISA), allowing investors to spread their money across multiple peer-to-peer lenders (P2P) has been launched this week by Edinburgh-based investment platform and analyst Orca Money. The Orca ISA aims to open up the P2P market to retail investors and
Wylie & Bisset warns Loan Charge Legislation could bring financial woe for EBT and EFRB participants
Wylie & Bisset is warning anyone who participated in Employee Benefit Trusts (EBTs) and Employer Funded Retirement Benefit Schemes (EFRBs) that the new Tax Year could bring unprecedented financial woe as the new Loan Charge Legislation comes into force. Traditionally such schemes remunerated key
The Financial Conduct Authority has underlined the importance of GDPR compliance for financial services firms after signing an updated Memorandum of Understanding (MoU) with the Information Commissioner’s Office (the ICO), the UK’s data protection watchdog, write MacRoberts Par
An Aberdeen-based investment specialist has expanded its team with the appointment of an experienced financial adviser following a period of continued growth for the business. Graham Smith has joined Scott James Wealth Management – a representative of St James’s Place Wealth Ma
1825, the financial planning and advice arm of Standard Life Aberdeen, has been appointed by independent pensions and risk consultancy Hymans Robertson to deliver a financial educational programme to all their employees and partners across the UK.
Caroline Gardner The Auditor General has reported to the Scottish Parliament that NHS Highland and NHS Ayrshire and Arran face significant financial challenges, which are likely to persist for years to come.
