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CYBG, the owner of Clydesdale Bank, Virgin Money, Yorkshire Bank and digital brand B has announcemeed three new appointments to its senior leadership team. Lucy Dimes will join the bank in July as goup business transformation officer to lead on improving the efficiency and effectivene

One third of Scots (36 per cent) have borrowed money from family and friends; yet one in ten (8 per cent) do not expect to pay the money back, according to new research by Bank of Scotland.

The Financial Conduct Authority (FCA) has fined Bank of Scotland £45.5 million for failures to disclose information about its suspicions that fraud may have occurred at the Reading-based Impaired Assets (IAR) team of Halifax Bank of Scotland. The scandal resulted in corrupt staff at the branch

The UK Treasury has this week announced a ‘Breathing Space’ scheme in England and Wales that will give people in debt 60 days to seek help while their creditors freeze the interest, and offers additional protections for people whose debt has led them to experience a mental health crisis.

Wealth management company Tilney has continued to expand its presence in Scotland with a move to a new office in the capital city to accommodate its growing team and with the hire of Ronnie Binnie from Standard Life Aberdeen as managing partner for Edinburgh and Aberdeen. Less than half a mile from

Lloyds Bank, Halifax and Bank of Scotland customers are starting to see their savings and credit card accounts in real time alongside current accounts in their banking app, using the latest Open Banking technology. Today this only includes Lloyds Bank, Halifax and Bank of Scotland accounts.

Over 50 firms every day now being helped by insurers to cope with bad debts. The number of insurance claims made so far this by UK businesses facing bad debts has reached its highest level in ten years according to latest figures out today from the Association of British Insurers (ABI).

Glasgow-based architectural practice Anderson Bell +Christie has become the latest Scottish business to announce its transition to employee ownership – an increasingly popular business model.

Edinburgh-based cloud accounting provider FreeAgent has secured an industry first by successfully connecting its software to the UK’s biggest banks through the new Open Banking framework. The company, which makes award-winning software for small businesses and their accountants,

Clydedale Bank owner CYBG’s latest SME Health Check Index dropped by 6.6 points to 48.5 at a national level in the first quarter of 2019, its lowest rating for a year, driven by lower SME borrowing and an increase in businesses operating below capacity. Scotland experienced a 7.9 point decline

Peter Young, Partner, head of Private Client Tax at Johnston Carmichael, highlights the tax pitfalls facing many people with personal pension schemes, as an important deadline looms into view and the NHS finally makes a move to address the situation  

The UK held more inwards Foreign Direct Investment (FDI) stock than Germany and France combined by the end of 2018, according to the latest United Nations data released today.

Former RBS executive Jim Brown has been appointed CEO of Sainsbury's Bank, subject to regulatory approval. Mr Brown will join as CEO designate next Wednesday and will work with outgoing CEO Peter Griffiths for a short handover period.

Banks and building societies will be banned from charging higher prices for unarranged overdrafts than for arranged overdrafts under new reforms announced by the Financial Conduct Authority (FCA). The new reforms, aimed at making overdrafts simpler, fairer and easier to manage for consumers, represe

M&G Prudential (M&GP) has announced a UK-wide location strategy that will see 400 jobs moved to the Scottish capital. M&GP, the savings and investments business of insurance giant Prudential will begin a phased move from its current 7 UK locations to 3 in 2025, with Stirling an