People who do not have access to a bank account pay an extra £485 a year for everyday bills and services, it has been revealed.
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James Lloyd, partner at Harper Macleod, explains how the requirement for homeowners to remortgage or sell their property at the end of a trust deed to realise the capital is catching people out
Scottish law firm Shepherd and Wedderburn has elected Andrew Blain as its new managing partner. Mr Blain, who will assume the role on 1 May, has been a member of Shepherd and Wedderburn’s board since 2009 as divisional director of the corporate division.
Scottish law firm Burness Paull has reported profits of £23.8 million on turnover of £57.6 million for the year to July 2018. Latest results filed with Companies House have revealed the firm’s highest-earning partner enjoyed a profit share of £634,000 with
Kames Capital and Aegon UK will be amongst the sponsors for this year’s Edinburgh Pride taking place on 22nd June and Essex Pride on 15th June 2019.
A new report has called for a “fundamental review” of local government funding to examine new and alternative sources of revenue. According to a joint paper from Unison Scotland and the Jimmy Reid Foundation, an expansion of local public services is possible with a fairer
TSB has today announced a UK banking first, a Fraud Refund Guarantee, to ensure the bank’s 5.2 million customers are protected if they are an innocent victim of fraud – whether it’s unauthorised transactions on their accounts or customers tricked into authorising payments to frauds
In the decade since first Debt Relief Order (DRO) was approved in 2009, £2.3 billion of debt relief has been granted helping more than a quarter of a million people out of debt. Although never available in Scotland, the first DRO was approved 10 years ago in April 2009 with the aim of ass
Extreme weather contributed to losses of up to £161m for Scotland’s farmers during 2017 and 2018, according to a new independent economic report published today.
9 West, an Edinburgh-based investment firm has introduced the funding for an off market £55.2 million deal for a South Korean asset management business to acquire commercial property in Scotland. Robbie Moir from 9 West secured funding from Hyundai Asset Management Co. Ltd to purchase prime of
Maryhill Housing has completed a £35.5 million funding renegotiation with its existing lender Royal Bank of Scotland (RBS). The announcement comes after the housing association carried out a full review of its loan financing arrangements in 2018.
Three Scottish charities supporting vulnerable young people across the country are to share a donation of £30,000 from law firm, Gillespie Macandrew. Children in Scotland, Rock Trust and Rossie Young People’s Trust, all long-standing charity partners of the firm, will equally share this
Infrastructure giant Amey has seen a £250 penalty for late work rocket up to £50 million after taking too long to repair four damaged bollards. Birmingham City Council had initially issued the firm with a £250 fine after it failed to remove the two pairs of bollards
PKF Geoffrey Martin & Co have reassured savers that their money will be safe after being appointed as administrators at a credit union in Glasgow’s East End. Parkhead Credit Union announced it will no longer be trading and is now in default.
Mark Carney, the governor of the Bank of England has told an audience in Glasgow this week that Brexit has already been a major factor in stifling the growth of Scotland’s economy. Speaking to an event for charities and voluntary groups, including Barnardo’s Scotland, the West of Scotlan
