The Financial Conduct Authority (FCA) has revealed that 40 per cent of borrowers who took out a mortgage in 2017 will be aged over 65 by the time their mortgage matures - almost double the number recorded a decade ago. The City watchdog said that the 40 per cent figure represents dramatic shift from
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Mastercard’s logo will no longer feature the text of its name on its logo following a bold rebranding move. According to reports, the restyling is inspired by the rise of digital banking and a future where there will be less reliance on card payments.
A Scots lawyer convicted of embezzling more than £20,000 of clients’ money has been struck off the solicitors’ roll by the Scottish Solicitors’ Discipline Tribunal (SSDT). Paul O'Donnell, of Glasgow, pleaded guilty at Edinburgh Sheriff Court in April 2016 to em
Fife-based payment specialist Renovite Technologies has been selected by the UK Department for International Trade and Scottish Development International to showcase its technology to Swiss and Austrian financial organisations on a fintech trade mission later this month. Taking place in Vienna and Z
The most substantial fraud cases in Scotland were a result of internal fraud, with more than 50 per cent of cases perpetrated by staff, new findings from KPMG shows. While professional criminals were responsible for three of the £4.6 million worth of cases coming to Scottish courts, the far gr
The number of people in Scotland who say they are struggling to pay their rent or mortgage has increased by nearly a third in the last two years.
A North-east headquartered marine equipment specialist Motive Offshore Group, has appointed a new finance director as it aims to support ambitious growth plans for the coming year as it continues to post record results. Headquartered in Boyndie, the firm has seen a record turnover for 2018 and
The 2019 AccelerateHER Awards have been launched today, aimed at celebrating and supporting aspirational female entrepreneurs based in Scotland. This year’s winners will be offered a free place on a trade mission to Dubai or Berlin where they will showcase their business, be introduced to key
Businesses will be able to access more than £100 million to help them expand and unlock investment through the next phase of the Scottish Growth Scheme. Through a variety of appointed fund managers, Small and Medium Enterprises (SMEs) across Scotland will have the chance to apply for financial
The era of the ‘amateur’ landlord may be at an end according to Scottish accountants and business advisors French Duncan. This year will see further erosion of the tax benefits of being a landlord and by 2020 there will be few financial incentives left for landlords. Many private la
Transatlantic law firm Womble Bond Dickinson (WBD) has appointed Jonny Williams as a partner and head of the firm's national financial services team. A well-known figure in the financial services and wider business community in Edinburgh, Mr Williams will support the continuing growt
A Lloyds worker has narrowly avoided jail after claiming he was coerced by criminals operating on the "dark web" to embezzle £75,000 from his employer.
Royal Bank of Scotland (RBS) has written to its customers who may have been affected by an online ticketing giant’s data breach last year to tell them they are being issued with new debit cards.
On the eve of Parliament’s vote on the Prime Minister’s Brexit deal, new data from accountants and business advisors BDO has revealed that business confidence has fallen to its lowest level since December 2016 with output also stagnating.
A man from California has been arrested after attempting to steal his flatmate’s winning lottery ticket following what turned out to be an ridiculously ill-conceived fraud. The victim of the crime apparently misjudged the character of his roommate after telling him that the lottery ticket he p