A Dundee company that collapsed last year under the weight of a £400,000 debt may have been mis-sold an interest rate hedging product by Royal Bank of Scotland.
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There has been a substantial increase in the number of powers of attorney registered in Scotland by those below the age of retirement, according to figures obtained from the Office of Public Guardian by Gillespie Macandrew.
Graeme Jones Scottish Financial Enterprise, the trade body that represents the nation’s financial service industry, has welcomed news that the European Securities and Markets Authority could be set to put in place provisions that would allow UK investment managers to operate in EU markets post-Bre
Martin Gilbert Aberdeen Asset Management has cut the levy on withdrawing from its UK property funds, as the number of investor redemption requests slumped after the initial shock of the EU referendum.
David Mundell Unemployment in Scotland fell by 18,000 in the period March to May 2016, and now stands at 152,000, according to Office for National Statistics (ONS) data released today.
Global accountancy firm EY has predicted that the average household disposable income in the UK will drop by 0.5 per cent next year.
UK businesses across every sector of the economy were showing positive signs of stability in the run up to the EU Referendum but now face at least another six months before they see a ‘new normal’ in the UK economy, according to new research from Begbies Traynor.
Edinburgh-based letting agent and residential investment firm Grant Property has secured a £450,000 loan from HSBC to invest in sophisticated IT systems designed to grow the business.
Tenants in Scotland have had to meet rent increases that are among the highest in the UK and accelerating at almost twice the countrywide average.
Companies in Scotland will see their pension liabilities increase by £15bn, according to a half year report on the health of pension schemes by PwC’s pensions practice. The Skyval Index that looks at the health of defined benefit pension schemes shows the deficits that companies disclose in their
The UK's GDP could grow by £105 billion if workers put off their retirement a little longer, according to a new report from PwC. The global accountant’s 'Golden Age Index' presents a weighted average of indicators including employment, earnings and training to analyse the labour market impact of
Stephen Boyle Slowdown in the Scottish economy appears to be coming to an end and optimism is returning, according to the Royal Bank of Scotland.
Latest data released by The Student Loans Company has revealed student debt in Scotland is rising faster than anywhere else in the UK. The statistics show that while Scotland continues to have the lowest student debt in the whole of the UK by a significant margin, it is steadily increasing.
Scotland’s private sector received a higher volume of new business during May, with the rate of expansion accelerating to the joint-quickest in nine months, according to the Bank of Scotland. However, the increase in new work failed to lead to a rise in output, which remained broadly unchanged, th
Rothschild Investment Trust has pulled the plug on a merger with Alliance Trust, a move it has now described as “not in the best interests of shareholders”. RIT Capital said it will not be making a formal offer for the Dundee-based trust, which had seen shares rise by over 3 per cent when news o
