Marketplace lender Assetz Capital has provided a £350,000 refinance loan to The Crown Tavern pub in Lanark to fund a refurbishment and third-floor residential conversion.
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The number of corporate and personal insolvencies for the whole of 2019 has increased, according to the latest Scottish Insolvency Statistics from Accountant in Bankruptcy. Overall, corporate insolvency numbers in Scotland for the whole of 2019 were 4% higher than in 2018, and were at their highest
Lloyds Banking Group has pledged to reduce the carbon emissions it finances by over 50% by 2030 to help finance a green future. This is the estimated equivalent of removing the emissions produced by almost a quarter of UK homes.
HSBC has appointed former Standard Life boss David Nish as senior independent director and chairman of the group audit committee. Mr Nish will also become a member of the group risk committee with effect from 18th February this year.
The value of major fraud cases going through the Scottish courts increased by £11 million, according to the latest data from KPMG’s Fraud Barometer, which analyses alleged fraud worth more than £100,000. Cases, valued at more than £15.6m (£15,669,670), were heard in cou
TSB is set to open a new IT centre in Edinburgh in a move to drive the expansion of digital banking as part of a £130 million investment, creating 100 technology jobs. The opening of the new centre, based in Henry Duncan House in George Street, will see 100 new jobs added to the region, includ
City deals have been positive for Scotland's economy but the Scottish Government does not have a plan to measure their overall long-term success, according to a report by the Accounts Commission and Audit Scotland. The public spending watchdogs said city region and growth deals have enabled economic
Scott Lindsay has joined the Law Society of Scotland as executive director of finance and operations. Mr Lindsay, a chartered accountant and member of the Institute of Chartered Accountants of Scotland (ICAS), has most recently run his own consultancy business, SLL Business Consultants. Prior to tha
Alan Stewart, tax partner at chartered accountancy practice Meston Reid & Co urges individuals to consider all the options when it comes to inheritance tax. There’s unlikely to be any single solution for people looking to minimise their estate’s exposure to inheritance tax (IHT) liab
International travel money specialist Equals has opened an office in Edinburgh, in a move to strengthen its presence across the UK. The e-banking and international payments group, which currently has offices in London and Chester, has grown rapidly in recent years and had a turnover of &po
Using credit cards to gamble is to be banned, according to the Gambling Commission.
Aberdeen-based IT specialist Clark Integrated Technologies has urged the Scottish professional sector to take account of cybersecurity to protect the tendering process. The Scottish public sector spends more than £11 billion a year buying goods, services and works but SMEs in the professional
For the first time in six years, consumers have repaid more credit card debt than they have borrowed, according to new data collected by the Bank of England.
Citizens Advice Scotland (CAS) has cautiously welcomed new rules around bank overdrafts but is warning that the changes could hit some people in the pocket in 2020.
A management reshuffle has occurred at accountancy firm RSM following the discovery of an error in its accounts. RSM scored a major win last year when it was appointed as auditor to Sports Direct. However, the company's accounts for the year to 31st March revealed that the firm had made e
