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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.

Scottish law firm Blackadders saw profits rise last year to £3.26m in the year to March 31 – up from £3m in 2017. Results at Companies House show that the firm recorded revenues of £11.89m, a slight decrease on the previous year.

The UK Government has branded the cryptocurrency market the “Wild West” and commissioned the Financial Conduct Authority to hold a series of consultations on the regulation of all crypto assets.

Brian Milne, partner with accountants and business advisers, French Duncan LLP, has been appointed as provisional lquidator of the Grameen Scotland Foundation, a charity with its headquarters at Glasgow Caledonian University. The business has closed with immediate effect with the loss of all four jo

Lanarkshire food producer R&W Scott Ltd has undergone a management buy out led by the firm’s MD John Easton along with fellow directors Stephen Currie and Michael Hewitt. The business and assets have been purchased from its parent company, Real Good Food plc in a deal worth £4 m

The Association of British Insurers has today published new analysis which shows that general insurance and long-term savings companies in the UK paid out £153 million every day in 2018, which throughout the year is more than the entire GDP of Croatia.

The Scottish Building Society has announced that Mark Thomson is stepping down from his role as chief executive after almost seven years. During his time with Scottish Building Society he has helped the Society embark on a significant change programme. This included growing the mortgage balance

Mearns & Company, has appointed ex Mattioli Woods and Kudos Financial services director Alan Fergusson, as a non-executive director. Mearns said Mr Fergusson brings over 20 years of experience in the financial services industry, most recently as employee benefits managing director at M

Credit Fintech provider TotallyMoney has agreed £29 million of funding from Elliott Advisors and existing investors Scottish Equity Partners (SEP). 

The Bank of England is to reduce the amount its top officials can claim on expenses after a near £400,000 bill for travel and flights was run up by just two bosses. The scandal has led to the central bank publishing its travel and expenses policy to the public for the first time.

The Financial Conduct Authority (FCA) has today published new rules allowing victims of Authorised Push Payment (APP) fraud to complain to the payment services provider (PSP) receiving their payment.

Martin Gilbert and Keith Skeoch, the co-chief executives of Edinburgh-based Standard Life Aberdeen, have both upped their stake in the financial giant this week. Stock exchange announcements shows Mr Gilbert purchased 50,000 shares in the company at 237.7p a share yesterday, while Mr Skeoch purchase

Media company STV Group PLC has announced the appointment of Lindsay Dixon to join the board as chief financial officer with effect from the second quarter of 2019. Ms Dixon will join the company from her current role at distillers William Grant & Sons Ltd where she covers the position of group