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A quarter of parents in Scotland feel under pressure to help their children financially, according to Bank of Scotland’s latest How Scotland Lives research. Parents are feeling the pressure to help pay university or higher education costs, repaying debt and costs towards buying a home. When it com

A Scottish international real estate tycoon who founded and ran a firm that at one time was worth £1.8 billion has been made bankrupt with debts of more than £2 million. John Kennedy, who founded Edinburgh-based Kenmore Property Group in 1986 was one of Scotland’s wealthiest men but lost it all

CMS Window Systems managing director, Andy Kerr Window, door and curtain walling designer, manufacturer and installer CMS Window Systemshas been identified as one of the country’s most profitable businesses by being named in 2016’s highly respected Profit Track 100 report by The Sunday Times in

Paula Bell (via Linkedin) Edinburgh-based distribution firm John Menzies has lost finance director Paula Bell to communications group Spirent.

A hearing of the Disciplinary Tribunal of the Financial Reporting Council (FRC) is to consider a formal complaint against Deloitte and one of its partners. The complaint concerns the conduct of Deloitte and partner John Clennett in relation to “certain aspects of the audit of the financial stateme

Lorraine Macphail The referendum on the UK's future in the European Union is damaging investment in Scotland's fragile property and construction sector, according to Grant Thornton.

The use of foodbanks in Scotland remains at record levels, figures published by The Trussell Trust have revealed. In the 2014/15 financial year, 133,726 emergency supply packages were given out to people in crisis by The Trussell Trust’s 51 food banks – an increase of 13% on the previous year.

Liz Cameron The Scottish Chambers of Commerce has today claimed that the Scottish economy is currently sitting on “a knife edge between growth and recession” as it revealed data showing a mixed start to the year for businesses north of the border.

Edinburgh-based insurance giant Standard Life has made a formal bid to acquire Axa’s Elevate platform, according to reports. Global financial news outlet Bloomberg said Standard Life is in talks for the business unit as the French insurer seeks to sell off its UK life insurance and wealth investme

Jeremy Lawson Standard Life Investments, the global asset management arm of Edinburgh-based insurance giant Standard Life, assesses whether the global economy is on course for recession and analyses the current stage of the business cycle.

Perth-based transport giant Stagecoach has placed orders for about 480 buses and coaches in deals worth a total of £97m. The firm said it was buying £82m worth of new vehicles for its regional networks in England, Scotland and Wales.

The Financial Conduct Authority (FCA) has banned former Royal Bank of Scotland LIBOR submitter Paul White from performing any function in relation to any regulated financial activity and publicly censured him. The FCA said that were it not for Mr White’s serious financial hardship, the City watchd

Glasgow-based global engineering giant, The Weir Group, has ended its 70-year relationship with EY and confirmed that ‘Big Four’ rival PwC is to take over as its new external auditor. PwC will begin audit and assurance services at Weir, which is one of Scotland’s biggest employers and operates

Kirsty Wells Kirsty Wells is head of HouseMark Scotland

A new strategic alliance between PwC and leading maritime fleet monitoring and risk management solution provider, Pole Star, has been announced that aims to help organisations involved in international trade to better manage their legal and regulatory obligations. PwC said it is working with Pole St