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Shares in Glasgow-based Clydesdale Bank owner CYBG Plc surged 14 per cent today after the lender lifted its forecast for margin growth and reported a rise in lending in a tight UK mortgage market. The 1.4 per cent increase in total loans to to £71.9bn in October-December, the first quarter of

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Tributes have been paid to Scottish Chartered Accountant, businessman and former newspaper executive Liam Kane, who has died following a short illness. Born in 1950 in Kinning Park, Glasgow, Mr Kane trained as management accountant with the Weir Group in Cathcart graduating as a member of the Charte

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Royal Bank of Scotland, which is still majority owned by the UK taxpayer, yesterday won approval from shareholders to buy back shares from the UK Government. At a meeting in at its Edinburgh headquarters, investors said that RBS could buy up to 4.99pc of its stock from the Treasury in any one year.

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Scottish independent accountancy and business advisory firm, Johnston Carmichael, has strengthened its leadership team with the appointment of a new director to head up its international corporate tax offering. Peter Courtney joins the firm from HMRC, where he most recently led the interna

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City house prices in the UK have outpaced earnings growth by 11 per cent, causing home affordability to reach on average, its lowest level since 2007, when the ratio of house prices to earnings stood at 7.5. The average house price within UK cities has risen from £180,548 in 2013 to its highes

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The Bank of England has announced that interest rates are to be held at 0.75 per cent ahead of what it says will the slowest year of growth since the recession that followed the financial crisis of a decade ago. The Bank has also revised its growth projection of 1.7 per cent for 2019, published in N

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An English multi-millionaire is seeking to buy a mountain in Scotland for £12 million in order to carve faces into it in the style of Amercian landmark Mount Rushmore. However, the proposed cliff face design would not feature the faces of a monarch or statesman, but instead the faces of his ow

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HFD Property Group has secured an £88.9 million development loan to progress its Bothwell Exchange office project in Glasgow. The four-year package from the Bank of Scotland real estate and housing team’s Green Lending Initiative provides the commercial property specialist

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Scottish law firm, Gillespie Macandrew, has expanded its Glasgow offering with the opening of new premises in the city centre. The new office, at 163 West George Street, more than doubles its footprint in the city and provides a better base from which to service its growing commercial real esta

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