TSB has today announced it will provide protection for small business owners by launching an "SME Lending Pledge" – six commitments to help small business borrowers facing financial difficulty – with the hope that other banks will follow suit.
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Scottish accountants and business advisory firm French Duncan LLP has reported a bumper year advising on 25 deals worth almost £200m in 2018 in the private and public sectors. Deal values ranged from a few million up to £60m across various sectors including engineering, hotels &
UK wealth management firm Brewin Dolphin has added seven new staff to its Glasgow office as it continues to grow its operation in the city.
Scottish commercial law firm Burness Paull has won a high-value brief to support the independent body that protects customers of financial firms that have failed. The Financial Services Compensation Scheme (FSCS) has appointed eight law firms to form its second legal panel following a rigorous
Thorntons Investments has strengthened its business development team with the appointment of Nick Sheppard as senior business development manager. He will work with investment professionals, intermediaries and wealth managers across London and the South to grow discretionary investment services busi
Average advertised salaries for finance professionals have increased for the third year in a row, despite uncertainty in the industry, according to new data from the 2019 Reed Finance salary guides. Analysis of more than 10 million jobs posted across sectors since 2015 found that the average salary
The most substantial fraud cases in Scotland were a result of internal fraud, with more than 50 per cent of cases perpetrated by staff, new findings from KPMG shows. While professional criminals were responsible for three of the £4.6 million worth of cases coming to Scottish courts, the far gr
The era of the ‘amateur’ landlord may be at an end according to Scottish accountants and business advisors French Duncan. This year will see further erosion of the tax benefits of being a landlord and by 2020 there will be few financial incentives left for landlords. Many private la
Latest official data published today shows that growth in the UK's economy slowed in the three months to November to slump to its weakest pace for half a year. The economy grew by 0.3 per cent during the period, less than the 0.4 per cent in the three months to October, the Office for National Stati
Last year saw customer preference for app-based banking overtake the other three channels of online, in-branch and over-the-phone, it has been reported.
The Highland Hotel in Aberdeen has closed with the loss of 20 jobs, according to accountants and business advisers French Duncan. Brian Milne, a restructuring partner with the firm, was appointed on January 7 as a Trustee in the Trust Deed of the partnership of the Highland Hotel.
By Callum D’Ath, Senior Divisional Director, Brewin Dolphin Edinburgh
UK household debt rose sharply over 2018, with unsecured debt (debt other than mortgages) reaching new highs.
The government-owned British Business Bank has appointed Ian Mitchelmore as its UK Network senior manager for Scotland. The UK Network will see team members in each of the English regions and devolved nations work on identifying and helping to reduce imbalances in access to finance for smaller UK bu
The head of forensic accountancy at Police Scotland has called on the service to hire more accountants. In an interview with The Herald, Kenneth Murray warned that organised crime groups, at home and abroad, are purchasing legitimate Scottish businesses to use as "safe houses" for dirty money.
