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In a move for customer rewards, Nationwide Building Society has announced a significant redistribution of profit to its customers, strengthening the appeal of its mutual structure. This action follows a 40% rise in annual profit, amounting to £2.2 billion, resulting from a succession of intere

The Treasury Committee has called for the regulation of consumer trading in unsupported cryptocurrencies, akin to gambling laws.

The Bank of England's Monetary Policy Committee (MPC) has today raised interest rates by a quarter of a percentage point to 4.5%, marking the 12th consecutive increase in borrowing costs.

Skipton Building Society is set to offer 100% loan-to-value (LTV) home loans for the first time since the 2008 financial crisis, targeting first-time buyers unable to save for a deposit.

Edinburgh-based solicitors and estate agents Lindsays has reported that average house prices in the city have risen by over £60,000 since before the Covid-19 pandemic. The firm noted that prices across Edinburgh and throughout the Lothians show no signs of dropping — with values rem

Business owners in Scotland have been stepping in to support their employees as the cost of living continues to put financial pressure on individuals according to new research from Rathbones.

Blair Milne, James Fennessey and Robert Young, insolvency practitioners from Azets, have been appointed joint administrators of MHA Auchlochan, the owner and operator of Auchlochan Garden Village retirement complex in Lanarkshire, Scotland. The complex, which includes 235 properties and two care hom

Over 8,000 Royal Bank of Scotland bank staff could lose tens of thousands of pounds in inflation-secured pension payments due to what has been labelled an executive 'error'.

Edinburgh has climbed eight places to reach position 14 in this year’s Z/Yen Global Green Finance Index, highlighting its continued reputational growth as a global hub for green finance. The position places Edinburgh ahead of global financial centres including Seoul, Paris, and Chicago, and pu

Link Group has secured a new £70 million funding package with Bank of Scotland. The agreement, which includes an existing £10.7m loan, puts in place a five-year Revolving Credit Facility (RCF) of £60m, providing flexibility and liquidity to Link Group to support its ongoing develop

Macdonald Henderson has advised Opulus in its acquisition of George + Co. The acquisition, announced last week, is part of Opulus's strategic plan to extend its geographic footprint throughout Scotland.

Ellon-headquartered financial advisory firm, Phil Anderson Financial Services has pledged its support to the Clan ‘Big Hop’ Trail for 2023. As part of the sponsorship, the firm has pledged to sponsor the trail t-shirts and a sculpture, which will be placed as part of the trail in Ellon d

A Highland businessman has been sentenced to 13 months in prison for attempting to defraud an insurance company out of £400,000 by setting fire to his own properties. Michael Maggs, 52, of Beaufort, Culbokie, had been developing three properties at Earlseat Steading, Moyness, near Nairn when f

Aberdeen-headquartered Wood Group's board has confirmed it is considering Apollo Global Management's fifth acquisition proposal for 240p per share, which was put forward earlier in the month.

eToro, social trading and investment network, has teamed up with Twitter to significantly expand the range of stocks, cryptocurrencies, and other assets available for real-time price monitoring using the $Cashtags feature.