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The head of the Financial Conduct Authority (FCA) has been slammed by MPs for failing to act against Clydesdale Bank over the scandal surrounding allegedly mis-sold loans to small-business owners. MP in charge of the parliamentary group on fair business banking said the head of the City wa

Her Majesty’s Revenue & Customs has sent out letters to self-assessment taxpayers accusing them of not filing their returns on time weeks before the January 31 deadline, according to accountancy firm Blick Rothenberg. The letters, which include penalty notices, have been received by some o

HMRC’s tax calculator has been telling some taxpayers that they owe nothing for next year.

The number of people who own a second home in Scotland has dropped by almost 50 per cent in the last six years, new figures show.

Scottish Development International (SDI) has announced the successful conclusion of a new inward investment fintech project from Hong Kong, which will see financial services tech specialist Actelligent establish a new technology business in Edinburgh. The project, which follows proactive e

Peterhead-based JBS Group has secured funding from Barclays to fuel future growth and diversification ambitions.

Scottish commercial law firm Burness Paull has won a high-value brief to support the independent body that protects customers of financial firms that have failed. The Financial Services Compensation Scheme (FSCS) has appointed eight law firms to form its second legal panel following a rigorous

A leading Scottish insolvency expert has expressed her "great concern" after latest figures showed the number of Scottish firms that failed last year rose 21.2 per cent - to their highest level since 2012. According to analysis of the latest Accountant in Bankruptcy (AiB) figures by accountants

Santander has today announced plans to "reshape its branch network", which means it will close 140 branches in the UK in what its says is a "response to changes in how customers are choosing to carry out their banking".

The European Commission has fined payments giant Mastercard €573m ($650m, £504m) for anti-competitive behaviour. The regulator said Mastercard had be admonished for preventing retailers from utilising cheaper banking services outwith their home country.

Joint chief executive of Standard Life Aberdeen, Martin Gilbert, has used his annual appearance at the World Economic Forum in Davos to reveal that his time at the forefront of Scotland’s investment scene could be coming to an end, 36 years after founding his company. Gilbert, 63, founded Aber

ATM network operator Link says it has struck a deal with banks to levy a “super premium” from them in order to keep machines in rural locations, including those in Scotland recently left without a brick and mortar branch.

Edinburgh-based business angel syndicate Equity Gap is preparing for further expansion after its biggest year for investment deals to date. The group undertook 18 transactions during 2018, consisting of six with new companies to its portfolio and 12 follow-on funding rounds for existing clients with

Glasgow-based football club Celtic have had to issue a warning to supporters with shares in the club after they were targeted by phone fraudsters.

Aberdeen-based transport and distribution company, Northwards, has purchased a new transportation depot following a £1.2 million funding package from Royal Bank of Scotland.