The largest payday lender in the UK, QuickQuid, has fallen into administration and left more than one million customers facing financial uncertainty. CashEuroNet UK, which operates the QuickQuid and On Stride brands, has stopped lending following the appointment of Grant Thornton as its adminis
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First Minister Nicola Sturgeon has announced that retailers who are required to accept the return of single-use drinks containers could qualify for rates relief.
Royal Bank of Scotland (RBS) has posted a loss in the third quarter after being hit by £900 million in charges for payment protection insurance. The bank also said that its investment bank had a "particularly challenging" three months.
Citizens Advice Scotland (CAS) issued a warning yesterday that an increasing number of people may be being sold debt solutions that don’t work for their circumstances. CAS made the claim in response to the latest quarterly figures released yesterday from Accountant in Bankruptcy, which show a
Scottish retailers are likely to face a £12 million increase in their business rates bill, new analysis from the Scottish Retail Consortium (SRC) has revealed The Office of National Statistics Consumer Price Index (CPI) figure revealed inflation in September stood at 1.7%. The September figure
The audit and accountancy profession is lagging behind business when it comes to the diversity of senior management, according to new research by the Financial Reporting Council (FRC).
Apropos by DJ Alexander has said that Boris Johnson’s EU deal is unlikely to stabilise UK house prices. The firm believes that even if the agreed deal is passed in Parliament, the housing market will still face uncertainty as the wider ramifications of the deal for the UK leaving the EU remain
The number of Scottish businesses in 'critical' distress is markedly higher than in the rest of the UK, new data from Begbies Traynor reveals. The Red Flag Alert report carried out by the insolvency specialist revealed that the number of Scottish businesses in such a sate has risen by 32% compared w
Housebuilder Bellway is to gradually reduce its investment in London in favour of generating growth elsewhere in the UK.
Glasgow plant, tool and equipment hire firm GAP Group has posted record annual profits and turnover of £200 million. The firm, which is also celebrating its 50th year in business this year, saw profits rise after making concentrated efforts at diversification.
An apprentice and graduate trainee recruitment programme along with a strategy of developing internal talent have helped drive the expansion of the Perth office of fast-growing accountancy firm Campbell Dallas. The Perth office currently generates fee income of more than £4 million, an increas
H&H Care Homes Limited has agreed a £12,750,000 deal with Clydesdale Bank to refinance debt on three of its largest care facilities, as part of wider plans for new expansion. The group, which owns Handsale Care Homes, has refinanced its Caledonia, Westerfield and Sŵn-y-Môr developme
Berwickshire Housing Association has appointed finance veteran Jim McDevitt as the new convener of the board of trustees. Jim McDevitt joins the housing association after having worked in banking for over 20 years.
The Financial Conduct Authority (FCA) has said that an estimated six million insurance customers pay high prices and are not getting a good deal. The watchdog made the statement following the publication of an interim report into the pricing of home and motor insurance.
The owner of the Old Course Hotel in St Andrews has suffered from a fall in revenues of over 13%.
