With a significant portion of attention focused on the potential problems which UK companies will face in the event of a hard-Brexit, it is important to note that these changes are not just a British problem, writes Jeremy Glen, Partner at BTO Solicitors. In fact, many EU compan
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Spanish-owned banking giant Santander UK, which this month announced that it is to close 140 of its British branches, has announced plans to compensate mistreated credit card customers to the tune of £58 million.
More than a third of shareholders have cast votes against executive pay plans at Clydesdale Bank and Yorkshire Bank owner CYBG in a major investor backlash this week. The group recently revealed it swung to full-year losses of £164m after an extra £150m charge linked to the mis-selling o
Waste management firm, BusinessWaste.co.uk, which hailed the advent of of the cryptocurrency age when it announced that is was to being accepting it as a payment for services has now reported that it is no longer accepting blockchain currencies – such as Bitcoin – because
Construction work on more than 300 build-to-rent apartments in Glasgow city centre is set to start by the end of this year after Legal & General exchanged contracts on the project. The pensions and investment firm will forward fund Drum Property Group to deliver 324 apartment
Italy's economy tipped into recession at the end of last year, according to figures published today. The data from the Istat statistics office shows that in the final three months of 2018, the economy shrank by 0.2 per cent, following a 0.1 per cent decline in the third quarter.
Grant Thornton has bolstered its Scottish leadership team with the appointment of two new partners. The promotions of Stuart Preston and Neil McInnes come as the business sets it sights on further growth this year in the Scottish marketplace.
A year on from the introduction of MiFID II, it appears that the burden of complying with the regulation is putting pressure on small broking firms, writes Emma MacArthur, Assistant Manager at accountants Scott Moncrieff
The Institute for Chartered Accountants in Scotland (ICAS) has announced a new partnership with healthcare provider Bupa on private health insurance for members.This new partnership aims to provide discounted health insurance for ICAS members, giving members fast access to the help they need, when
Overall business confidence picked up slightly at the start of the year, increasing 2 points to 19 per cent, according to the latest Business Barometer from Lloyds Bank Commercial Banking. Despite this improvement, the figure remains among the lowest seen in the last 12 months and is well below the
Finance Secretary Derek Mackay has reached an agreement with the Scottish Green Party to support the Scottish Budget at all parliamentary stages. In letters exchanged today, Mr Mackay outlined a package of reforms to local government as Green co-convener Patrick Harvie said the deal was the res
London Stock Exchange Group’s (LSEG) international business support and capital raising initiative, ELITE, has welcomed seven Scottish companies in the first exclusively Scottish cohort, as part of the launch of ELITE Scotland.
Insurance law specialists DAC Beachcroft Scotland, which has offices in Edinburgh and Glasgow, has reported strong growth over 2018 as a result of five new panel appointments and securing additional work from existing clients. With more pipeline work and tender outcomes awaited, and with additional
TSB suffered a loss of £105.4 million before tax in 2018, down from a profit of £162.7 million the year before, as it faced the impact of disruption to its IT systems last year. The bank's financial performance was "heavily impacted by the IT migration and subsequent service disruption",
Global commercial real estate services firm Avison Young has announced the acquisition of UK-based real estate advisory business GVA. GVA's offices, including those in Glasgow and Edinburgh, will now come under the Avison Young brand.