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The Treasury has announced that it has received a further dividend of £130m from its Lloyds Banking Group shares. The news means the amount the government has now received £318m in dividends from the bank it bailed out at the height of the financial crisis at a cost of £20.5 billion.

New research from Clydesdale Bank has highlighted the challenges facing renters as they strive to become homeowners for the first time. The Glasgow-based bank's annual First Time Buyers research found that 64 per cent of aspiring homeowners rent a property before they pick up the keys to their very

The star-performing Scottish Mortgage Investment Trust suffered a slight decline in net asset value of 0.1 per cent after a tough year which saw a 26 per cent drop in earnings due to a challenging global picture. The drop has forced the £3.9 billion trust to dip into capital reserves to cover divid

Cameron Shaw

Mark Thomson Scottish Building Society is to launch its own Online Broker Portal be known as “Scottish Intermediaries Online”, the world’s oldest building society and Scotland’s last remaining independent mutual lender has announced.

Debbie Mayor As the fifth session of the Scottish Parliament gets underway, Grant Thornton has called on all political parties to work together to address declining exports.

A Swiss local authority is to begin accepting the digital currency Bitcoin as payment for some of its public services in world first for a public body. The trial scheme, in the central town of Zug, will begin on 1 July and run until the end of the year.

The number of houses repossessed across Scotland during 2016 will be low, if interest rate rises are further postponed as anticipated, according to mortgage service company HML. In its annual forecast, HML said that it expects a total of 830 repossessions – or 0.08 per cent of all residential mort

Following Friday’s announcement from the Halifax that it is to raise the age limit for people paying off mortgages to 80, the Nationwide has today gone one further and upped its limit to 85. The move will be seen as the latest sign of the impact of rising house prices on buyers.

Scottish businesses’ hiring intentions have fallen sharply to levels last seen in 2014, according to the latest Business Trends Report by accountants and business advisers BDO. The latest report reveals that the Employment Index, which tracks firms’ intentions to hire in the coming six months, h

Administrators from Deloitte have taken over at Aberdeen shipping firm Harkand Group after the company said it could nolonger survive in the face of losses inflicted by the prolonged fall in global oil prices More than 170 jobs are to be lost in Aberdeen and London.

Scandal hit Glasgow-based lender Clydesdale Bank has had another £450 million set aside to compensate customers mis-sold payment protection insurance (PPI), according to the latest results of its former owner. The new provisions take the total cost of mis-selling various financial products at the b

Barclays Mortgages has today made the controversial move to reintroduce the 100 per cent mortgage back into the UK housing market. Such products were slammed in the wake of the 2008 financial crisis for being a major catalyst of the meltdown.

Stuart Rowson Stuart Rowson has joined law firm Lindsays as a partner in its commercial property team based in Edinburgh.

Aberdeen Asset Management has today posted interim results showing a drop in revenues of 20 per cent to £483.6m. - down from the six-month revenues to March 2015 of £605.2m. The asset manager blamed emerging markets for the poor performance as it announced it would be making £70m of annualised co