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The Financial Conduct Authority (FCA) has warned that social media is encouraging young people to invest in risky cryptocurrencies. The financial regulator warned that “hype” on social media platforms and in the news is driving new investors to channel their money into high-risk investme

The UK economy grew by 0.4% in August, according to the latest figures from the Office for National Statistics (ONS).

House hunters in East Lothian are prioritising green areas and more space over traditional city centre dwellings as people continue to work from home, according to the latest market review by property experts, Rettie & Co.

More than 800 SMEs are now plaintiffs in a legal case against the Clydesdale and Yorkshire banks after hundreds more joined the lawsuit. The claim form, filed in the Chancery Division of the High Court, contained a further 436 claims on behalf of a further 266 SMEs.

Scottish hotel occupancy rates jumped six per cent in August as the thriving staycation market increased levels for the fourth consecutive month, according to the RSM Hotels Tracker. The data, compiled and produced by STR and analysed by RSM, shows the average occupancy rate in Scotland has risen fr

The Financial Ombudsman Service (FOS) has said that banks and other financial institutions still need to do more to resolve complaints from their customers fairly before people are forced to seek help from the service. People are being warned to be extra vigilant about the threat from fraudsters and

Deloitte’s UK partners will benefit from an average payout of about £1 million after the Big Four firm's profits recovered from a drop last year in the wake of the pandemic. The share of profits to 700 equity partners is the highest in ten years, according to individuals who have been br

As the return to the office gets underway in earnest, investment into the Scottish commercial property market is seeing a resulting uplift, with Colliers noting that several deals have seen a ‘bidding war’ take place. This year has seen investment volumes in Glasgow reach almost £1

Campaigning and advocacy organisation Tax Justice UK is calling for the introduction of a windfall tax for the six companies who made £16 billion in excess profits during the pandemic. According to the organisation's new report Pandemic Profits: who's cashing in during covid, ASOS and Serco we

Baillie Gifford, the global investment management partnership, has lowered the annual management fee on the Baillie Gifford US Growth Trust, with effect from 1 September 2021. The annual management fee is now as follows: 0.70% on the first £100m of net assets, 0.55% on the next £900m of

Financial wellbeing is the top priority (57%) for Brits ahead of physical, intellectual and social wellbeing. Yet only around half (55%) feel comfortable regularly checking their bank statements, according to new research from Bank of Scotland owner Lloyds Bank. The bank is encouraging consumers to

AccelerateHER and Scottish Enterprise are partnering to increase support for female-led companies to maximise their global growth potential. This partnership supports Scottish Enterprise’s continuing commitment to gender equality and adds to its existing initiatives to help disruptive, sustain

Bitcoin has controversially become legal tender in El Salvador, the Central American country which gave up its own currency in favour of the US dollar two decades ago. The cryptocurrency can now be used by citizens to shop, pay taxes and buy land, FT reports.

Cat MacLean, partner and head of dispute resolution at MBM Commercial, explores the judgment issued yesterday morning in Sekers v Clydesdale [2021] CSOH 89. Online fraud has been on the rise for many years. The advent of lockdown and working from home has seen the volume of attacks increase by one t

Social security expenditure in Scotland will total £5.2 billion in 2026-27, according to the Scottish Fiscal Commission’s latest forecast report published today. The amount spent is projected to increase by £1.5bn over the five years due to a variety of reasons including an increas