Search: financial focus

Martin Wheatley City watchdog Financial Conduct Authority has today announced that Martin Wheatley is to stand down as its chief executive.

Homecoming 2014 generated £136m for Scottish economy Scotland's Year of Homecoming in 2014 attracted 326,000 visitors and generated £136m for the economy, according to research.

Cyber risk tops the list of concerns for UK insurers, according to the annual ‘Banana Skins’ survey of perceived risks to the sector by the Centre for the Study of Financial Innovation (CSFI) and PwC. The UK insurance industry shares the global concern about burgeoning regulation, particularly i

Mark Carney Bank of England governor Mark Carney will appear before MPs today for the first time since the general election in May.

The Royal Bank of Scotland has successfully sold the freehold of its Aldgate Union office in London for £132 million. The eight-storey office block was put on the market late last year with a guide price of £85 million, but the price was driven up by demand from commercial and residential develope

Jo Armstrong Business economist and public finance expert Jo Armstrong has been appointed to the board of Wheatley Group.

Barclays has offered £250 in compensation to around 2,000 customers whose personal information was found on a USB stick recovered from a flat in England. The data theft was discovered last February.

Hampden & Co, the brand new Edinburgh-based private bank, has appointed Norwegian IT firm Evry to provide its card services. The bank, which opened to clients last month, said Evry will produce and personalise its cards.

Jeremy Lawson New research from Edinburgh-based Standard Life Investments suggests that the biggest threat to the global economy is currently China.

Regulators confirm strict new rules for senior bankers Martin Wheatley

BenRiach Distillery Company to sink £25m into expansion bid The Edinburgh-based BenRiach Distillery Company has announced plans to invest more than £25m in the business over the next two years.

Reports are circulating ahead of tomorrow’s budget that the UK Government could be prepared to sell-off half of its 80 per cent stake in Royal Bank of Scotland within two years. Last month, Chancellor of the Exchequer George Osborne said The Treasury would begin drawing down its share in the Edinb

Andrew Tyrie New plans outlined by the Bank of England will see the Financial Services Compensation Scheme (FSCS), which guarantees £85,000 of an individual’s savings if their bank goes bust, reduced to 75,000.

A new Perth and Kinross Credit Union (PKCU) service in Blairgowrie will be officially opened today by deputy first minister and MSP for Perthshire North John Swinney. PKCU was launched in April 2014 and offers a range of ethical lending and saving services for anyone who lives or works in Perth and

Michael Matheson Police Scotland is facing questions from Justice Secretary Michael Matheson about its fleet of luxury cars - including BMWs and Land Rovers - for senior officers and staff.