Independent Wealth Planners UK (IWP UK) has announced the acquisition of Scottish firm AGL Wealth Management as the company’s first office in the region. IWP, an investor in local IFA firms across the UK, has been working with the AGL management team for the past few months to complete the dea
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Scottish bank customers are now playing almost £10 million per year to withdraw their own money from cash machines, according to new figures from Which?.
Global accountancy body ICAS has urged the UK Government to “learn from Canada” as it embarks on trade negotiations with the EU.
Scottish salmon farmers have warned that they face " huge unnecessary burdens" and a loss of market share under the UK government's plans for Brexit.
The Treasury has confirmed the appointment of Jeannette Lichner and Bernadette Conroy as non-executive directors to the Financial Conduct Authority (FCA) board. Ms Lichner and Ms Conrol will each serve three-year terms beginning on 1 April 2020 and 1 August 2020 respectively.
Nationwide is to repay customers after it failed to correctly warn them that they would be charged for entering an unarranged overdraft. The move comes after the building society was found to have broken Part 6 of the Competition and Markets Authority’s (CMA) Retail Banking Market Investigatio
Law firm Murray Beith Murray has announced a number of internal promotions across its asset protection and property groups. Fraser Scott, who has been with Murray Beith Murray since 2015, has been promoted from senior solicitor to associate. He works in the firm’s asset protection group and sp
Scotland’s labour productivity, as measured by output per hour worked, has increased by 0.8% over the year to the third quarter of 2019, according to statistics announced today.
Hampden & Co has strengthened its banking team in Scotland with the appointments of Clare Ansell and Ian Gibson as banking directors. Both Ms Ansell and Mr Gibson join from Handelsbanken. Clare Ansell spent over a decade with Royal Bank of Scotland followed by four years with Handelsbanken based
Workloads for small building companies in Scotland fell in the final quarter of 2019 with the political uncertainty in the period up to the General Election having a marked effect, according to the Federation of Master Builders Scotland (FMB Scotland).
Scotland’s international exports increased by 3.4% in 2018 while exports to the rest of the UK also increased, up 2.5%, according to data released today. The Export Statistics Scotland 2018 provides estimates of the cash value of Scotland’s exports of goods and services, by industry
The Financial Conduct Authority (FCA) has written to major banks today asking them to provide evidence of how they arrived at their overdraft pricing decisions.
Par Equity had a record-breaking final three months in 2019, securing one exit, battery technology expert Dukosi, and orchestrating 11 investments. Edinburgh-based Par Equity, which specialises in investing in young, high-growth companies, saw London-based managers join them in putting money in
In a comprehensive review of the future of UK payments, the Institute for Public Policy Research (IPPR) has set out how the transition to a ‘less cash’, but not cashless, digital economy can be managed to protect the vulnerable and spread digital opportunities widely and fairly. The
Tesco Bank is to create 100 new technology and change rolls in its Edinburgh office as part of a wider investment in customer-centric solutions that will help better meet the needs of Tesco shoppers. A further 20 jobs are to be created at Tesco Bank's Newcastle office. This is in addition to the 20
