Search: financial focus

Shares in Royal Bank of Scotland have dropped dramatically after new Bank of England ‘stress tests’ revealed that even eight years on from the financial crisis the still 73 per cent taxpayer-owned bank is still short of the money it needs to survive another crash.

All of Scotland’s producers of new polymer bank notes have confirmed that their cash is free of any animal products.

More than one million of Britain’s high-net-worth individuals (HNWIs) have been denied a loan or any form of credit over the past five years, according to new research commissioned by London-based bridging lender Market Financial Solutions (MFS).

Ulster Bank is to repay €1.5 billion to its state-owned parent Royal Bank of Scotland (RBS) this Wednesday.

Colin Welsh Head of international energy investment banking at Simmons & Co International, Colin Welsh, has announced his intention to step-down from his role at the firm.

House purchase approval numbers were 10 per cent lower last month than in October 2015 and the first ten months of 2016 were 4 per cent lower than in the same period last year, according to the British Bankers Associaton.

Ian Knott Africa’s oil and gas sector has the potential to be a source of much needed revenue for Scottish firms, according to a leading business and financial advisor.

A 57 year old man from Edinburgh has been jailed for seven years after pleading guilty to a complex investment fraud which accrued more than £18 million.

The British taxpayer’s stake in Edinburgh-based Lloyds Banking Group now stands at 7.99 per cent.

Peter Young A digital transformation of the UK tax system will require Scotland’s SMEs to fundamentally change how they submit information to HMRC, according to Scottish accountants Johnston Carmichael.

Scottish average starting salaries for professional roles are expected to increase by 2.5 per cent next year, according to latest industry analysis.

Andrew Davison Collapsed Dundee specialist engineering firm the Galloway Group and its associated firms owe external creditors £17.6 million, according to administrators Ernst & Young.

Councillors have voiced concerns over the latest budget predictions that could mean a gap of £115 million for Fife Council over the next three years.

https://twitter.com/fion_li/status/798326378949013504 A Hong Kong tycoon and the 65th richest man in the world has placed full-page adverts in local media announcing that he has split up with his girlfriend.