Search: financial focus

House purchase approval numbers in the UK during September were 15 per cent lower year-on-year, according to latest data from the British Bankers Association.

The Financial Conduct Authority has banned two former Partners of a private investment company over a £50 million fraud which saw client money siphoned off to fund their lavish lifestyles.

The average price of a residential property in Scotland has shown an increase of 0.6 per cent during the second quarter of financial year 2016/17 compared with the same period in the previous year, with the highest rise of 9.7 per cent being reported in East Renfrewshire.

Fiona McBain After 11 years Fiona McBain has announced that she is to step down as chief executive of Scottish Friendly.

Anthony Browne Major international banks, most of which have their European headquarters in the UK, are set for a mass exodus from Britain in early 2017 as a result of Brexit uncertainty, according to the British Bankers Association.

Ken Patullo Scottish firms saw levels of ‘critical’ business distress, the most serious signs that indicate the early onset of financial problems, fall ahead of the UK average in the last three months, according to data released today by business rescue and recovery specialist Begbies Traynor.

The Scottish Government has called on the UK Government to match its reported desire to keep the City of London and its financial sector in the European single market with a similarly bespoke agreement for Scotland.

Police in Scotland have launched a secret investigation into claims that Royal Bank of Scotland destroyed and then asset-stripped healthy businesses, according to reports.

Edinburgh-based banking giant and owner of Bank of Scotland, Lloyds Banking Group, has confirmed that it is to cut 1,230 jobs as part of its continuing strategic restructuring drive.

Jayne-anne Gadhia Edinburgh giants Standard Life and Bank of Scotland owner Lloyds, as well as Aberdeen Asset Management are among the Scottish firms which have signed up, along with Edinburgh-based Virgin Money, Capital Credit Union and East Renfrewshire Credit Union, to the UK government’s Women

Britons are taking on unsecured debt at a faster pace than any time in the last decade, according to latest data from financial capability charity The Money Charity.

Edinburgh-based Green Investment Bank is being lined-up for takeover by a consortium led by Australian bank Macquarie, and involving the Pension Protection Fund, Lloyds Bank and Sustainable Development Capital as the UK Government considers the consortium’s final offers following its decision to

S6 school pupil Leona Whyte and Alan Cumming, National Estate Agency Director at Aberdein Considine. Aberdeen-based legal firm Aberdein Considine is to speak to children in schools across Scotland to teach them about pensions, mortgages and credit cards to help them understand the danger of debt.

Central banks’ sustained use of low interest rates to keep economies on an even keel may force some pension funds to the wall and not enough is being done to protect them, according to new research from the International Monetary Fund.

The UK government is to restart the sale of the multi-billion pound portfolio of Bradford & Bingley mortgages it manages on behalf of the failed lender.