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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.

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.