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Edinburgh-based bank Hampden & Co has reported strong results during the third quarter of this year on the back of demand for borrowing.  Total lending was up 16% against the previous quarter at £289 million and increased 77% on a year-on-year basis.  Deposits also increased

Businesses in Scotland impacted by the current block of coronavirus restrictions can apply for grants of between £1,000 and £3,000 from today.   The Federation of Small Businesses (FSB) in Scotland is urging hospitality firms and other operators eligible for help to apply quickly, a

The Glasgow-based NHS Credit Union has received a Fairbanking Mark Award for its savings product. The award makes it the first credit union to have gained a three star Fairbanking Mark for its regular savings account.

In the UK around 95% of Britain’s 4.9 million private businesses employ less than 10 people. While 75% are sole proprietors, another 20%  have up to only nine employees. This means that many of these businesses are not in a position to implement a Group Life Protection scheme, or Death in

UK banks may enlist debt collection firms to recover billions of pounds of state-supported COVID-19 loans.

The Scottish Government has announced a new £40 million fund to help businesses affected by temporary restrictions to slow the spread of coronavirus. The COVID-19 Restrictions Fund will provide one-off grants of up to £3,000, depending on rateable value, to bars, restaurants and oth

The Spanish division of accountancy firm BDO is facing a €100 million fine over a fishing company's accounts. BDO's Spanish division was the auditor of Pescanova, a Galician foods group, for over ten years before the firm filed for insolvency in 2013, having incurred debts of more than &eu

Employers in Scotland who may have wrongly claimed support from the Coronavirus Job Retention Scheme (CJRS) are being warned to act now to avoid significant penalties from HM Revenue & Customs (HMRC).

Glasgow has raced out of the starting blocks in its bid to double the size of its city centre population over the next 15 years to 40,000. Civic leaders were last week handed a very welcome boost to their ambitions to deliver their City Centre Living Strategy (CCLS) when LGIM Real Assets (Legal &

The new measures introduced in Scotland to control the spread of coronavirus will have a negative impact on retailers in Scotland who are trying to 'claw their way back' to pre-crisis footfall levels, according to David Lonsdale, director of the Scottish Retail Consortium (SRC). 

Tesco has no plans to sell its Edinburgh-based banking arm despite it continuing to 'act as a drag'. The supermarket giant made a pre-tax profit of £551 million in the first half of this year, marking nearly a 29% increase compared on the same period in 2019, on revenue of £28.7 billion,

The world's wealthiest individuals increased their wealth by a quarter during the coronavirus crisis, according to a new report by Swiss bank UBS and Big Four accountancy firm PwC. 

After almost three years as CEO of FinTech Scotland, Stephen Ingledew is to move to the role of executive chair. Mr Ingledew will take up his new role in November, he will remain very much involved with the strategic leadership of FinTech Scotland and the move to executive chair will enabl

Blair Nimmo, head of restructuring at KPMG in Scotland, discusses the landlord-occupier tensions during the coronavirus pandemic. Tensions between commercial landlords and their financially stressed tenants continue to grow, and how landlords respond will be critical to the recovery not only of

Construction companies, engineering firms and other businesses active in the infrastructure sector stand to lose out on funding, investment and major government contracts around the world unless they take a more active role in the fight against climate change. A growing imperative for infrastructure