Search: financial focus

The Financial Conduct Authority (FCA) has today confirmed it is introducing reforms to fix what it says is "a dysfunctional overdraft market" that will mean banks and building societies will no longer be allowed to charge fixed daily or monthly fees for overdrafts. The City watchdog said he changes

Over two fifths (44 per cent) of adults in Scotland are worried about their current level of personal debt, a new survey of over 2,000 British adults by insolvency trade body R3 in Scotland and ComRes has found. This is notably higher than in April last year, when 35 per cent of adults in Scotland s

The growing range of video streaming services available to viewers; demand for internet access and business spend on internet advertising will drive the UK’s entertainment and media sector to grow by £10bn over the next five years.

Alisdair Matheson, an insurance and risk partner with Brodies LLP, has been appointed president of the Insurance & Actuarial Society of Glasgow (IASG) – the first lawyer to take up the position in the body's 138-year history. The IASG is a training, mentoring and support net

The redevelopment of the B-listed Kingston House at Buchanan Wharf in Glasgow to create a major fintech hub for Barclays will now save most of the structure, under newly revised plans.

Unique events are taking place in Edinburgh and Glasgow this week to help legal, accounting and banking professionals in the cities and wider regions to offer clients information and advice on employee ownership. The Law Society of Scotland, Institute of Chartered Accountants Scotland (ICAS) and Co-

The Scottish Building Society, Scotland’s only independent building society and world’s oldest, has appointed Paul Denton, formerly of the Co-operative Bank and Royal Bank of Scotland, as its new chief executive at its annual meeting this week. Mr Denton will succeed Mark Thoms

Andrew Foyle, Partner and Solicitor Advocate at Shoosmiths in Edinburgh, highlights why recent Sheriff Court judgments necessitate the need for asset finance lenders to carefully consider and even structure how they pursue debts through the courts.  

Cyber security is not managed as a risk to businesses and is too often left to IT specialists to handle, a global survey carried out by ACCA and CA ANZ has revealed.

Three Unexplained Wealth Orders have been secured as part of a National Crime Agency investigation into London property linked to a politically exposed person believed to be involved in serious crime. The UWOs, which were obtained at the High Court last week, are for three residential properties in

A host of high street banks have entered into a new voluntary industry code that comes into force today that will make sure that customers tricked into making payments are not penalised for fraudsters’ criminal actions. According to consumer watchdog Which?, banks which have committed to

The Highland Council has secured a £3.5m interest-free loan from Salix Finance to invest in energy efficiency measures across the Council estate.

Scottish property sales have risen to their highest level in 11 years as buyers brush aside fears over Brexit. New figures from Aberdein Considine’s Property Monitor report show that homes collectively worth £3.4 billion changed hands during January, February and March this year –

KanAm Grund Group has exchanged contracts to acquire 4-8 St Andrew Square, Edinburgh, part of a substantial mixed use asset assembled by Aberdeen Standard Investments (ASI) and developed by them in conjunction with Peveril Securities. The development has been acquired on behalf of German pension fun

Celebrity chef Jamie Oliver's restaurant group has collapsed and been placed in administration, with 1,000 jobs lost. The group, which has two Scottish locations in Edinburgh and Glasgow, includes 23 Jamie’s Italian outlets, plus the Fifteen and Barbecoa restaurants in London and Jam