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The overall rate of personal insolvencies in Scotland, which include both bankruptcies and protected trust deeds, has decreased by a quarter in the last financial year from 25.13 per 10,000 adults to 19, according to latest figures.

Galloway’s work at the Sir Chris Hoy Velodrome in Glasgow Dundee engineering firm Galloway Group was given “significant financial support” by the Scottish Government before it entered administration, it has been revealed.

A manager at a Dundee building merchants who embezzled more than £73,000 from his bosses is facing jail.

Ross McEwan Royal Bank of Scotland has today reported a £2 billion loss for the first six months of the year.

UK interest rates have today been cut from 0.5 per cent to 0.25 per cent - a record low and the first cut since March 2009 when they were slashed in a bid to cushion the UK economy from the global financial crisis.

City watchdog the Financial Conduct Authority (FCA) is to set June 2019 as the deadline for people to make claims over mis-sold payment protection insurance (PPI).

New research has revealed that securing promotion is no guarantee of a pay rise, as 94 per cent of finance professionals would elevate an employee into a new role without offering any additional remuneration.

The Bank of England’s stress tests have been labelled “worse than useless” in a report produced by a leading financial institution.

As the country prepares for this week’s widely expected interest rate cut, more and more Isas have been withdrawn from the market leaving savers with fewer and fewer options for where to put their cash.

Two former executives of the Anglo Irish Bank have been jailed in Dublin after being convicted of fraud after misleading depositors, lenders and investors by making the bank's corporate deposits look larger than they were.

The percentage of the Edinburgh workforce with a degree level qualification or equivalent is higher than any other major UK city and has risen again, to 55 per cent.

Steve Cartwright Independent accountancy firm Henderson Loggie has signed up to support a pioneering three day gaming festival taking place in Glasgow this weekend.

Hugh Chater Holyrood’s European and External Relations Committee– taking the highly-unusual step of meeting during Holyrood’s summer recess – has been told by Hugh Chater, director of banking at Edinburgh-based challenger bank Virgin Money, that Scotland could provide a “safe harbour” fo

Peter Alderson Small businesses in Scotland are being failed by antiquated financial process as nearly half of Glasgow SMEs are forced to raid their savings (47 per cent) or borrow money from family and friends (20 per cent) to start or grow their business, according to independent lender LDF.

A husband and wife from Dundee have been banned from acting as company directors for 11 and two years, respectively, following a 17 year long fraud that resulted in £1 million in lost revenue for Her Majesty’s Revenue and Customs.