Andy Hornby and James Crosby, the former HBOS bosses who were under investigation for their part in the failure of banking group in 2008, have been let off without penalty after the conclusion of protracted joint investigations by the Financial Conduct Authority (FCA) and Prudential Regulation
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Cloud computing company, iomart Group, has announced the appointment of Lucy Dimes as independent non-executive chair of the company, with effect from the closing of the AGM on 30 August 2022. This follows the decision of current chair, Ian Steele, to not to stand for re-election.
onstruction contractors may need to deploy greater legal safeguards in order to protect their businesses from being pushed under by spiralling costs, a lawyer has warned. Andrew Boccoli, a director in the Commercial Property department at Scottish legal firm Lindsays, believes extreme market volatil
Burness Paull has announced an all-staff bonus of either five per cent of salary or £2,500 — whichever is higher — after recording a seven per cent increase in profit to £35.7 million in the year ended 31 July. The independent law firm announced the special bonus, which is in
An auditor working for PwC has filed a personal injury claim, at the London's High Court, against the big four firm seeking £200,000 in damages.
The founders of a Kinross-based travel business have doubled their campervan rental fleet after securing £50,000 financial support through the British Business Bank’s Start Up Loans programme to help fulfil increased demand from international tourists.
Cineworld's share price fell over 50% yesterday before making a partial recovery today.
Independent Scottish law firm Gillespie Macandrew has reported turnover of £15 million in the year ending 28 February 2022, a double-digit increase of 12 per cent on the previous year. Gillespie Macandrew ended its financial year in a strong position exceeding pre-pandemic revenue levels and r
Joe Ferguson is a family law solicitor at JMW Solicitors, a law firm with a specialist digital assets offering for commercial and individual clients. He discusses the possibility of cryptoassets for asset concealment and how this should be considered.
Michael Reid, managing partner, Meston Reid & Co, warns businesses to avoid using misleading advertisements. The Committee of Advertising Practice (CAP), the organisation that writes the advertising rules which are enforced by the Advertising Standards Authority, has issued an Enforcement Notic
The Scottish Building Society has appointed Ian Wilson as its new chair following the retirement of Raymond Abbott, who has spent five years at the helm. During Mr Abbott's time at the Society, he has helped the organisation to navigate through unprecedented economic challenges to achieve record gro
The majority of Scots want finance companies to deliver more responsible investment to tackle climate change, according to a new report from the Global Ethical Finance Initiative (GEFI). In 2019 Global Ethical Finance Initiative (GEFI) asked YouGov to carry out a survey to ascertain what people in S
abrdn has concluded a deal to become the largest external shareholder in Archax, a UK-regulated digital securities exchange.
The UK's second oldest bank, C. Hoare & Co., has announced the appointment of Giles Andrews as an independent non-executive director of the bank. Mr Andrews has extensive experience in financial technology, lending and investment. In 2004, he co-founded Zopa, an online peer-to-peer lending busin
Wheatley Group has today announced a major £100 million sustainable loan agreement with four of the UK’s leading financial services organisations. The housing, care and property management group has agreed a £50m revolving credit facility with existing lenders, Royal Bank of Scotla
