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Alba Bank, the Glasgow-based challenger bank, is set to launch into the SME business market next year after a multi-million-pound funding round. By the end of next month, the bank expects to receive a restricted licence to accept deposits from the Prudential Regulation Authority which will allow it

Tom Nener, legal director at Pinsent Masons, highlights the importance of protecting your brand as criminals take advantage of the pandemic. The coronavirus crisis has provided a fertile platform for sophisticated counterfeiters, as highlighted in recent reports by cross-border law enforcement

The UK economic decline caused by the coronavirus pandemic will be less severe than first anticipated, however, recovery will also take longer, according to the latest data from the Bank of England (BoE). The bank currently expects the UK's economy to shrink by 9.5% this year. While this contraction

Gold prices broke through $2,000 an ounce for the first time yesterday as investors continued to seek a safe haven amid doubts over the dollar. 

A treasure hunter who posted his rare finds online has been arrested for allegedly plundering archaeological sites with a metal detector.

Nationwide has reported that house prices in the UK rebounded 1.7% month-on-month in July after declines of 1.6% in June and 1.7% in May. The Nationwide House Price Index found that the year-on-year change in house prices moved back into positive territory in July, rising 1.5%, this followed a dip o

A record 527,000 UK businesses were in significant financial distress at the end of June 2020 thanks to seven consecutive quarters of increased financial impairment, according to the latest Red Flag Alert research by Begbies Traynor.

During the three months of lockdown, Virgin Money, the owner of Clydesdale Bank, saw a near six per cent rise in business lending. On the other hand, personal lending at the bank dropped by 2.7% to £5.2bn, which Virgin Money said was primarily due to lower credit card balances.

According to the latest data from the Association of Chartered Certified Accountants (ACCA UK) and The Corporate Finance Network (CFN), 13% of Scottish SMEs have decided to liquidate their assets in the last two weeks, highlighting to complications of reopening after the coronavirus lockdown. The SM

Unemployment in Scotland rose to 4.3% between March and May as the coronavirus lockdown restrictions hit the jobs market hard.

Edinburgh-based Neilsons Solicitors and Estate Agents have reported a surge in demand for homes in Edinburgh and Lothian. 

Private sector activity in Scotland continued to decline significantly during June as firms reported a further drop in new orders throughout June, according to the latest Royal Bank of Scotland PMI. Private sector firms in Scotland reported a further reduction in total new orders during June, extend

The Financial Reporting Council (FRC) has fined Grant Thornton for repeated breaches of ethical standards. Such breaches included failing to maintain its independence over its audit of collapsed alcohol firm Conviviality.

Jackie Fraser, Inverness-based partner at accountants Chiene + Tait, details the reopening of Scotland's tourism sector after the coronavirus lockdown. Tourism is one of Scotland’s most important and fast growing sectors contributing over £11bn to the nation’s annual GDP. Last year

Competition for jobs across Scotland has intensified as job applications soared by 15.7%, according to the latest job market report from CV-Library.