Search: financial focus

MasterCard scholars Some 200 African students will benefit from the chance to study at a leading university, thanks to a new package of scholarships established through a new partnership between the University of Edinburgh and The MasterCard Foundation.

Official Statistics published by HMRC show the Scotland-generated share of UK tax receipts fell from 8.1 per cent in 2014/15 to 7.7 per cent in 2015/16.

Paul McLaughlin The Scottish Government’s announcement that Project Bank Accounts (PBAs) are to be used as the preferred method on all public sector construction projects over £4 million has been hailed as a major step towards greater financial stability for the industry.

Angus Council needs to up the pace of change if it is to meet its £26.5 million savings target, an Accounts Commission report says today.

Andrew Tyrie Andrew Tyrie MP, the chair of the House of Commons treasury committee, has called on the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) to address persistent failings of IT systems throughout the banking sector.

Almost half of working-age Scots have less than £100 saved, according to new research showing that millions of working-age people across the UK are at financial risk due to their low levels of savings.

Paul McGettrick Grant Thornton has appointed a new associate director in its Scottish practice as it eyes further growth in the central belt.

Royal Bank of Scotland has agreed to pay $1.1 billion (£846m) to American authorities to settle two claims that it mis-sold toxic mortgage securities in the run-up to the 2008 financial crisis.

Jason McLeod ABL Business, the Yorkshire-based business support consultancy offering commercial finance and marketing support to SMEs, has expanded its team operating north of the border.

Gross mortgage borrowing of £12.4 billion was recorded in the UK for August, up 1 per cent on the same month last year, according to latest figures.

FTSE100 companies have set aside £31.3 billion in the last 12 months to meet legal claims – a 22 per cent increase from the £25.6 billion set aside in the previous year.

The Payment Systems Regulator (PSR), the economic regulator for the £75 trillion UK payment systems industry, has received a super-complaint from consumer watchdog Which? relating to concerns it has around consumer safeguards in the market for push payments.

Martin Gilbert Martin Gilbert, chief executive and founder of Aberdeen Asset Management, has said that he expects fund groups to be the least affected among the financial services industry by the long-term implications of Brexit.

Glasgow-based professional football team Celtic FC has announced it has turned around a loss of nearly £4 million posted last year to a £500,000 profit for the financial year ending on 30 June.