Search: financial focus

Santander, which employs more than 2000 people in Scotland, has announced that it is to launch a UK private banking division this year for the first time. The lender said the move will see it provide facilities for smaller savers with hundreds of investment funds by providing bespoke solutions for c

Smaller pension funds in the UK are more exposed than others to market volatility linked to next week’s European Union referendum, according to new research. The findings, which highlight the impact of the negative interest rates in force in some areas, come as fears about the financial market imp

Royal Bank of Scotland is facing a landmark private criminal prosecution for an alleged £128 million fraud based on allegations made by a Scottish businessman that the 73 per cent state-owned bank pushed his firm into administration to benefit from its sale. Neil Mitchell, the former CEO of softwar

Entrepreneurial Scotland’s Saltire Scholar programme begins today with its largest cohort to date and for the first time students represents all 17 Universities in Scotland.

Perth-based specialist property finance broker, The Lending Channel, has recruited an interim commercial director to help spearhead the next phase of their growth strategy. The rapidly growing business announced that Simon Cocker is to join it management team with immediate effect.

June Hanney

Businesses across Perth and Kinross are set to benefit if innovative rates relief proposals are approved by the Council’s Strategic Policy & Resources Committee next week. The proposals being put before the local authority’s panel represent a potential investment by the Council of over £600

KPMG is facing another investigation, this time in relation to the ethics of its work with designer fashion brand and retail giant Ted Baker. The Financial Reporting Council said it will “investigate the firm’s consideration of and compliance with ethical standards in connection with the provisi

Dougie Adams The EY Scottish ITEM Club has forecast growth in Scotland coming to a virtual standstill as a result of the oil price slump.

James Strang A new Tax Associate Director has been appointed at the Scottish firm of Grant Thornton, as the financial and business adviser implements its growth strategy in Scotland.

The number of outstanding mortgages extended under interest-only terms has fallen by almost one third over the past four years, research from the Council of Mortgage Lenders (CML) has revealed. The number of outstanding interest-only loans dropped from around 3.2m in 2012, to 2.2m last year – a de

Complaints over ‘package bank accounts’ that charge a monthly fee for ‘added benefits’ such as travel insurance – have more than doubled in the past year. The Financial Ombudsman Service reviewed over 44,000 cases in the past year – double the number of cases looked at in the previous ye

Kevin Engel Business confidence levels in Scotland have fallen into negative territory for the first time in almost a year, making them among the lowest in the UK according to the latest ICAEW/Grant Thornton UK BCM.

Tim Tookey Alliance Trust Savings has appointed Tim Tookey as chair of the Alliance Trust Savings Board.

Cat MacLean Cat MacLean, a partner at MBM Commericial, about achieving cultural change in the banking sector and understanding how a new financial system could work.