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Clydesdale Bank has completed a joint venture tie-up with Salary Finance Limited, a fintech platform that connects to the payroll of participating employers to provide financial wellbeing benefits to employees, including salary-deducted savings and loans, as well as financial education. Clydesd

Short-termism is gripping UK small businesses, according to commercial insurer AXA, which today revealed that many are adopting short-term planning and cutting reliance on external funding ahead of Brexit. Staying agile and light is a common strategy, but may not give businesses the best chance of

Royal Bank of Scotland is set to this week post its second consecutive annual profits notice and hand out a £335m bonus pot to staff, a decade since its £45 billion government bailout.

Royal Bank of Scotland, which is still majority owned by the UK taxpayer, yesterday won approval from shareholders to buy back shares from the UK Government. At a meeting in at its Edinburgh headquarters, investors said that RBS could buy up to 4.99pc of its stock from the Treasury in any one year.

The latest Scottish Chamber of Commerce Quarterly Economic Indicator survey for Q4 of 2018 shows Brexit uncertainty and rising cost pressures take toll on the Scottish economy as investment slows down. Raw material prices are cited as a leading cost pressure for Construction, Manufacturing, Retail/W

A health check of Scottish businesses has revealed promising results for companies in Paisley and Perth, which managed to outperform other cities including Glasgow and Aberdeen on a number of measures of financial performance. While not surprisingly, the rankings showcased the dominance of Edinburgh

BT Group is responsible for generating £1 in every £110 produced in the Scottish economy, according to an independent report published today.

An Edinburgh-based high-end collateral loan company has teamed up with a UK auction house to offer immediate cash advances to people selling valued possessions at auction. Edinburgh Asset Finance, founded by Neil Mitchinson in 2013, has partnered exclusively with McTear's to become the first Scottis

More than a third of shareholders have cast votes against executive pay plans at Clydesdale Bank and Yorkshire Bank owner CYBG in a major investor backlash this week. The group recently revealed it swung to full-year losses of £164m after an extra £150m charge linked to the mis-selling o

Financial recovery, restructuring and debt advisory boutique MLM Solutions has announced the appointment of Margo McLenan as director. Ms McLenan has been working in business restructuring and insolvency for over 35 years and is a member of the Insolvency Practitioners Association, bringing wit

Anderson Anderson & Brown LLP has been appointed administrator of a popular north-east bakery business after it ceased trading with the loss of more than 60 jobs yesterday. The owner of Huntly-based J and I Smiths took the decsion to close all shops in Dufftown, Keith and Huntly, citing “r

Scottish contractors are increasingly demanding "Brexit clauses" in construction contracts to ensure they are not liable for costs caused by a no-deal Brexit, The Times reports. The move is sparked by concern that Britain's exit from the EU could lead to increased costs and supply chain di

By Maria McConnell, VAT Director at French Duncan  

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.

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 &