Search: financial focus

Mortgage customers who have previously been unable to switch mortgages despite being up-to-date with their payments (commonly known as mortgage prisoners), could soon be able to find a cheaper deal after the Financial Conduct Authority (FCA) proposed changes to how lenders assess whether or not a cu

Edinburgh-based Standard Life has gained approval to transfer almost €19 billion of assets to Dublin in anticipation of possible disruption of services after Brexit. The company has received the final permission it needed from the Court of Session in Scotland to go ahead with the move.

Scottish accountancy firm Anderson Anderson & Brown LLP (AAB), has secured a significant seven figure equity investment for Project Heather to support the re-launch of the Scottish Stock Exchange after almost fifty years. AAB’s Douglas Martin, Tomas Carruthers and Edwin Hamilton of Project

After a tumultuous week in politics, a new weekly index run by accountancy firm RSM tracking the impact of Brexit has revealed an almost 30 per cent rise in overall stress levels in the UK economy over just one week.

Tom Stocker contrasts English DPAs and the Scottish civil settlement regime in the context of a parliamentary inquiry into bribery legislation, at which he himself gave evidence. The UK's 2010 Bribery Act has created "an international gold standard for anti-bribery and corruption legislation",

Glasgow-based chartered accountants Wylie & Bisset has welcomed the recent rise of the challenger banks offering SMEs and start-ups a variety of fresh, faster and easier funding options. The boom in the number of challenger banks over recent years has been in part a consequence of the restr

The Edinburgh International Conference Centre (EICC) has reported record results for 2018, with operating profits at £1.4m (2017: £1.2m ) for the year to 31 December 2018. Revenue figures of £11.8m (2017: £11.2 m) were achieved during the financial year while economic impact

Laura McIntosh has joined international law firm CMS as a partner after 12 years at Dickson Minto. Ms McIntosh, who is based in CMS’s Edinburgh office, specialises in mergers & acquisitions and private equity deals.

In the same week that has seen co-chief executive Martin Gilbert step down, Edinburgh-based Standard Life Aberdeen has announced more changes to its board of directors. After a career with the group spanning some 34 years, Bill Rattray will retire from the SLA board, by mutual agreement, on 31 May 2

Dina Devalia and James Sleight of PKF Geoffrey Martin & Co have been appointed as joint administrators of Glasgow-based Greater Milton and Possilpark Credit Union which has collapsed. The Financial Services Compensation Scheme (“FSCS”) has also declared the credit union in defau

With ISA season well underway, Edinburgh-based LendingCrowd has revealed that transfers to its fintech lending platform are more likely to come from Cash ISAs than any other type of tax-free account. LendingCrowd, which launched in late 2014 and has facilitated over 610 loans to SMEs, was one o

Private asset management firm Signal Capital has announced a major programme of works to transform landmark building, 55 Douglas Street, in Glasgow city centre. On completion in November 2019, 55 Douglas Street will deliver 85,000 sq ft of Grade A office space over six levels, with large virtually c

An architect who embezzled more than £350,000 from a charity has been ordered to sell his East Lothian castle to pay back the money. Ian Brash admitted embezzling £358,832 from the Dr Robert Malcolm Trust between August 12, 2010 and September 10, 2014 when he appeared at E

Business advisory and accountancy firm, Johnston Carmichael, has reported a 25 per cent increase in employee numbers at its Glasgow base and announced plans for a recruitment drive to meet demand. The firm, which took an extra floor of office space at its West George Street headquarters in 2017

The Scottish housing market has once again proved its resilience in the face of both domestic and international political issues, with sales breaching the £18 billion barrier in 2018. During a year dominated by Brexit uncertainty, markets remained busy, with the country enjoying its best spell