Search: financial focus

Prosecutors are seeking to recover more than £1.5 million from a former architect who embezzled hundreds of thousands of pounds from a charity. Ian Brash is trying to sell Fa’side Castle, near Tranent, to pay back the money he stole from the charity

KPMG and PwC have been revealed as comfortably the UK’s top cyber recruiters, with both companies hiring large numbers of cyber security specialists, with cyber roles accounting for one in every 17 (5.95 per cent) new KPMG recruits and one in 20 (5.08 per cent) new hires at PwC. The two other

Nucleus, the Edinburgh-based adviser built wrap platform has today launched the latest edition of its annual adviser census, showing advisers are struggling with capacity issues as they take on more clients while finding less time available to service them. This year’s census saw response

New academic research has revealed that school pupils in the UK are becoming increasingly unable to work out change, with physical money rapidly becoming an alien concept to them.

Glasgow-based accountancy firm Wylie & Bisset has told landlords that selling up is not the only option available to them as new HM Revenue & Customs figures reveal landlords of UK buy-to-let property have reacted to the government squeezing their returns by selling assets. HMRC has rev

An Edinburgh-based direct marketing agency is moving into bigger premises with support from the Royal Bank of Scotland following a period of substantial growth. The Dragonfly Agency has moved into a townhouse on the capital's Stafford Street as it looks to expand its team and client base.

Lloyds Banking Group has unveiled plans to create a new tech hub in Edinburgh in a move it says will help transform the digital experience for Bank of Scotland, Lloyds Bank, Halifax and Scottish Widows customers. As part of a £3bn investment programme, the hub will boost Scotland’s tech

Close Brothers Asset Management (CBAM) has strengthened its senior high-net worth (HNW) investment team in Scotland with the appointment of Christopher Godfrey-Faussett to the role of managing director. Based in Edinburgh, the firm said Mr Godfrey-Faussett "will enhance the HNW investment

Royal Bank of Scotland is among five banks today taking a share in a €1.07bn (£935m) European Commission fine after regulators found traders clubbed together to rig the foreign exchange market. RBS and its subsidiary NatWest Markets Plc said they acknowledge the announcement by the Europe

The owner of Clydesdale Bank has been hit by a rise in customers struggling to pay their credit card bills. Glasgow-based Clydesdale and Yorkshire Banking Group (CYBG) has said it wrote off £77m in the six months to March.

A leading Disputes Resolution and Litigation lawyer has urged Scottish SMEs to take action to ensure they receive any money they are owed, and to be proactive in using the law. John Bett, a Partner at Lindsays, said that there are a number of myths around legal redress for outstanding debt that is p

CYBG has reported strong progress in its first six months since its acquisition of Virgin Money last October, with pro forma underlying pre-tax profits up to £286 million. Following the acquisition, CYBG is the UK's sixth largest bank with over six million customers, serving both retail and SM

Standard Life Aberdeen is facing a shareholder rebellion over plans to offer its incoming chief financial officer £750,000 in shares, according to reports. A remuneration report was opposed by 42.02 per cent of shareholders out of concerns about the remuneration package put together to attract

Nationwide Building Society has been awarded £50 million from Banking Competition Remedies to increase competition in small business banking. The Co-operative Bank and Investec Bank have also been awarded £15 million each to expand in the small business market.

Aberdein Considine has launched a free debt advice service as part of an ongoing programme of support for consumers. The firm currently works with a number of UK lenders in relation to different types of debt recovery and has developed a range of models to assist borrowers in managing debt, in