Bank of Scotland-owner Lloyds Banking Group has announced that it will allow its customers to set their own contactless spending limits after concerns over fraud were voiced by some of its customers. In August, the Treasury announced that the contactless spending limit would be increased to £1
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Lyn Calder, corporate finance partner and head of family businesses at Anderson Anderson & Brown (AAB), highlights the intricacies of investing in the family business. I wear a lot of hats at AAB, one of which is leading a team that supports our family business clients, and another is a Corporat
Carlisle-based H&H Insurance Brokers has welcomed two new apprentices as Victoria Twentyman and Tom McGaffin join the team. Ms Twentyman is the youngest apprentice to have ever been appointed by the firm, at 16 years old. She takes up the role of apprentice admin assistant at the firm's Car
Edinburgh-based Modulr, a Payments-as-a-Service API platform for digital businesses, has opened offices in the Netherlands as the springboard for its EU-wide expansion in 2022 and 2023. Following strong business growth in the UK over the past five years – and most recently being named the
Edinburgh-based tech start-up Coastr has secured a £1.4 million investment through London-based investment platform GroVentive. Coastr’s cloud-based “all-in-one” vehicle rental management platform enables independent vehicle rental businesses to become fully digitised and com
As the return to the office gets underway in earnest, investment into the Scottish commercial property market is seeing a resulting uplift, with Colliers noting that several deals have seen a ‘bidding war’ take place. This year has seen investment volumes in Glasgow reach almost £1
More than 50% of new mortgage lending is going to individuals who will not have paid off their home loan before their 65th birthday, according to a new report released by UK Finance.
Thorntons Investments, the Dundee-headquartered wealth manager, has removed VAT from its AIM Inheritance Tax and Managed Portfolio Service (MPS). While numerous firms have omitted VAT from their MPS proposition as a result of a recent industry review from HMRC, Thorntons Investments is among the fir
West Dunbartonshire Council is set to make a £2million investment in the proposed Scottish Marine Technology Park at the former Carless site in Dalmuir. Money from the councils regeneration fund will benefit the project to transform the 47 acre site, reintroducing marine manufacturing and supp
The Financial Conduct Authority (FCA) has published a new strategy aimed at giving consumers the confidence to invest, supported by a high-quality, affordable advice market, which should lead to fewer people being scammed or persuaded to invest in products too risky for their needs. The consumer inv
Interpath Advisory is broadening its suite of advisory service offerings with the appointment of four managing directors to build and grow new Forensic, Valuations, M&A and Transaction Services capabilities. Additionally, the firm is announcing the appointment of two new directors within forensi
UK Ministers have accused the insolvency profession of widespread misconduct after an inquiry found evidence of “intimidation”, “deception” and “misappropriation of assets”.
Housebuilder Springfield Properties has posted record-breaking revenue and profits in its final results for the year ended 30 May 2021. The company has also reported substantial reductions in net debt and a strong outlook.
Financial wellbeing is the top priority (57%) for Brits ahead of physical, intellectual and social wellbeing. Yet only around half (55%) feel comfortable regularly checking their bank statements, according to new research from Bank of Scotland owner Lloyds Bank. The bank is encouraging consumers to
Accountancy firm Douglas Home & Co is launching an ambitious expansion in Edinburgh, fuelled by the number of firms and business leaders who are changing direction after the pandemic. The firm believes its next wave of growth will be in the capital as both businesses and key employees re-asses t
