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Credit ratings agency Fitch has placed the Clydesdale Bank on its 'rating watch negative' list following last week’s news that it is to demerge from Australian parent company, National Australia Bank. It means that the Glasgow-based lender, which includes Yorkshire Bank, is likely to have its cred

Antonio Horta-Osario The UK Treasury has sold another tranche of shares in taxpayer-backed Lloyds Banking Group, which it bailout at the height of the financial crisis in 2008.

Lynn Healy Wealth manager Bellpenny has bought Caledonia Edinburgh in one of two acquisition deals completed this week.

George Osborne Chancellor George Osborne may be set to sell-off 81 per cent state-owned Royal Bank of Scotland this year, even if it means the UK taxpayer taxing a hit on the deal.

The Law Society of Scotland’s financial benchmarking report shows improving fortunes for smaller law firms. The annual survey of law firms’ financial performance in 2013-14 has shown an overall increase from £64,000 to £69,000 in profits per equity partners. (Profits per equity partner are bef

Geoffrey Thomson Perth-based investment group Braveheart has announced the departure of another board member.

Robert Fergusson Ayr-based accountants William Duncan + Co has launched its expansion drive with the opening of a new Glasgow office.

Those working in finance are more likely to cheat on their partner than any other profession, according to new research. Website, IllicitEncounters.com, which specialises in extra-marital dating, asked users their professions, creating a database of which a massive 18 per cent said they work in fina

David Macmillan Edinburgh-based Aegon UK has announced that its managing director is to leave his current role to take up a new position within the Dutch group.

Manchester-based asset valuation and recovery support group Winterhill has expanded its UK operations with the launch of new offices in Scotland. Tom McWilliam and James Hulme.

The pressure to have a dream wedding or civil partnership is coming at a high cost for some couples, as almost a quarter (24 per cent) of Scots borrow to fund their big day, according to new research. Debt advice and solutions provider Debt Advisory Centre Scotland found that, on average, Scottish n

The UK’s biggest bank has published the results of a new survey that suggest we are now seeing the death of the traditional idea of leaving an inheritance. HSBC found that around half of the UK’s retirees say they are now “giving while living”.

Fiona McBain Glasgow-based mutual Scottish Friendly has seen funds under management hit £1 billion for the first time, after an 8 per cent rise last year.

A 42-year old Scottish businessman who ran a multi-million pound VAT fraud scheme out of his Dundee bedroom has been ordered to pay £240,000 to prosecutors. Shahid Ramzam's legal team agreed he evaded VAT payments of £5,661,839 between October 2002 and July 2004, and the High Court in Edinburgh ha

House prices in Scotland rose 13.3 per cent in the fourth quarter of 2014-15 compared to the same period in the previous year, according to official statistics published today by Registers of Scotland (RoS). The average house price in Scotland from January to March was £173,830, the highest figure