Search: raise

Reports of investment fraud filed by savers in the UK have almost doubled in the first six months of 2019 to more than 8,000, official figures have revealed, putting them on course to all-time high by the end of the year. The data shows last year 9,398 scams were reported, according to National Frau

Anderson Anderson & Brown LLP (AAB) has announced that its dedicated Business Advisory team has secured £1 million of new business wins during 2019 so far. A flurry of new business wins by the team has resulted in this rise in fee income from last year and means it is on target to achieve

Britain’s inflation rate unexpectedly overshot the Bank of England’s 2 per cent target on Wednesday as annual consumer price inflation rose to a three-month high of 2.1 per cent in July from 2.0 per cent in June, the Office for National Statistics has said.

Former executive director of the Institute of Chartered Accountants of Scotland (ICAS), Atholl Duncan, has been appointed as the new chair of the Scottish Salmon Producers Organisation (SSPO). The appointment comes as the organisation released figures showing overseas sales of salmon have risen by 2

The UK’s economy has unexpectedly shrank 0.2 per cent in the second quarter – its first contraction since the last quarter of 2012, when GDP fell by the same amount.

Proposals to hike meat taxes in Germany – adding around 30 cents to the price of bratwurst – have been met with outcry.

Permanent staff placements fell for the first time in two-and-a-half years in Scotland last month, according to the latest Royal Bank of Scotland Report on Jobs. The bank said there were signs firms were looking at short-term staff to fulfil roles, as temp billings returned to growth.

The UK new car market declined again in July, with 157,198 vehicles leaving showrooms, according to figures released by the Society of Motor Manufacturers and Traders (SMMT).

Still more than 60 per cent state-owned Royal Bank of Scotland (RBS) is handing the Treasury around £1bn in dividend payouts following a surge in profits, according to the lender’s first half results out today. They showed a special award of 12p-per share was being handed to investors, o

Rodney Whyte, partner and specialist in residential land development at Pinsent Masons, looks at how Scots law is holding back "later living" developments  

Profits at Lloyds Banking Group have been hit by a last-minute deluge claims for payment protection insurance (PPI) mis-selling compensation prior to the 29 August 2019 deadline. The group, which includes Bank of Scotland and Scottish Widows, reported that pre-tax profits fell 7 per cent in the six

Businesses in Scotland are once again seeing escalating instances of advanced or ‘critical’ distress’ with levels here rising more than in almost any other part of the UK in the second quarter of 2019 when compared with the same period the previous year. The growing financial distr

Nucleus Financial Group, the Edinburgh-based adviser built wrap platform, has posted results showing that assets under administration (AUA) broke through the £15 billion barrier in the second quarter. Despite an "unsettled" climate, AUA at the fintech continued to rise in the three months to 3

Britain's biggest building society is to double its arranged overdraft rate for some customers in response to a clampdown from regulators that was actually intended to stamp out rip-off fees. Nationwide said it has interpreted the Financial Conduct Authority's clamp down on complex overdraft ch

Aberdeen Standard Investments (ASI) has expanded its Pan European Residential Property Fund (ASPER) SICAV-RAIF with the purchase of a newly constructed residential portfolio in Sweden. This latest acquisition diversifies the Fund’s portfolio to 27 assets in six countries and raising contracted