A group of business and legal bodies representing Scotland, Europe and the US have urged caution towards the introduction of US-style ‘opt-out’ class action lawsuits in Scottish courts. The Scottish Chambers of Commerce; European Justice Forum; BritishAmerican Business; and the US Chambe
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The Scottish economy continued on its recovery path in April, according to the latest Royal Bank of Scotland PMI. The seasonally adjusted headline Royal Bank of Scotland Business Activity Index - a measure of combined manufacturing and service sector output - rose from 54.3 March to 55.4 in April to
A senior manager at Goldman Sachs in London has quit the US investment bank after making millions from investing in Dogecoin.
Permanent staff appointments across Scotland rose at a faster pace during April, according to the latest Royal Bank of Scotland Report on Jobs.
The UK is set to experience the strongest economic growth since the Second World War this year, with a faster-than-expected recovery from the coronavirus pandemic, according to the Bank of England. The bank has hiked its estimate for UK GDP growth to 7.25% in 2021, up from February’s forecast
German teenagers who planned a sophisticated heist to get their hands on school exam papers have received suspended sentences.
Provident Financial is planning to shut its venerable 141-year-old doorstep lending arm after increasing pressure from the regulator. The firm is also set to close its online lending business, Satsuma.
Stuart Gillies, an associate with law firm Dentons, highlights how the declining use of cash as a result of the coronavirus pandemic has resulted in an increase in confidence in financial technology. It’s been over a year now since we first locked down, when shaking hands and meeting a colleag
Nearly two in five (39%) British adults, equivalent to 20 million people, plan to save a higher share of their income after the pandemic than they did before, including 17% who plan to save significantly more.
While the UK Government’s insolvency prevention measures appear to be delaying companies from entering insolvency, the latest Red Flag Alert data published today by Begbies Traynor has found that in Scotland there has been a 45% year on year rise in the early signs of financial distr
Homeowners are being offered mortgage rates below 1% =for the first time since the beginning of the coronavirus pandemic as lenders anticipate an economic recovery.
Turnover in the UK legal profession grew to £3.1 billion in February, an 11 per cent year-on-year increase and a four per cent increase on the previous month. The latest Index of Services data from the Office of National Statistics (ONS) paints a healthy picture for the legal sector a year int
Dundee-founded storage firm Kangaroo Self-Storage has appointed Bryan Lee as its chief financial officer as it accelerates plans for growth as the country starts to come out of lockdown. Mr Lee joins the Board to lead the storage company’s finance and IT function and will be responsi
Rupert Thompson, chief investment officer at UK-based wealth management group Kingswood, discusses the debate around whether there is still a place for traditional portfolios made up of 60% equities and 40% bonds. There has been much debate around whether there is still a place for traditional
Glasgow-based Maven Capital Partners has led the £3 million funding round for Atterley.com, an online fashion retailer which enables independent fashion boutiques and brands to increase their reach and sell to customers across the UK and beyond. The investment, which also includes commitm
