Despite having the largest listing of the year in the final quarter, UK IPO activity in 2018 fell as companies weighed up Brexit uncertainty, according to EY’s latest IPO Eye report. 2018 saw a total of 79 IPOs listing in London - 44 on the Main Market and 35 on AIM - raising £9.5bn.
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A Scottish fintech start-up has announced plans to roll out its flagship banking app within months after securing funding from Scottish EDGE. Nexves, which has also been supported by accelerator programmes run by Royal Bank of Scotland and Elevator, is "a platform that enables a swarm of individuals
Blair Nimmo and Geoff Jacobs of KPMG, who were appointed at the start of December as joint administrators of Invergordon-based low-energy housebuilder CLDB Limited, trading as Carbon Dynamic, have announced the sale of the business and assets to Carbon Dynamic (Scotland) Limited, a ne
Royal Bank of Scotland has applied for a German banking licence in a bid to safeguard its European business interests in the event of a no-deal Brexit.
Scotland ranks in fifth place out of all UK local authority areas with 56 per cent admitting that when it comes to taking risk with their savings and investments they have a low or zero attitude. The finding was revealed via new research by Edinburgh-based savings and investments company, Aegon UK,
Big Four accounting firm KPMG has taken the controversial decision to cut staff bonuses for missing deadlines in a bid to stop the late returning of key paperwork.
The average price of a home in Scotland continued its upward trend in October 2018 to reach £151,508, according to Registers of Scotland.
The Financial Conduct Authority has fined Santander £32,817,800 for failing to effectively process the accounts and investments of deceased customers. The City watchdog said it found that Santander did not transfer funds totalling over £183m to beneficiaries when it should have done
The Financial Conduct Authority announced this morning that banks are to be banned from charging customers a fixed daily or monthly fee for using their overdraft in a move Andrew Bailey, the City watchdog's chief executive said was the "biggest intervention in the overdraft marke
Glasgow-based M&D Green Group, one of Scotland’s largest independent pharmacy operators, has secured an eight-figure funding package from HSBC UK to aid its growth across Scotland. The deal included a seven-figure loan which M&D Green Group has used to acquire Thomas McLean & Son&r
Better broadband connection has lead to fraud in the Scottish islands soaring by 700 per cent as people hitherto out-of-reach begin falling victim to cyber criminals for the first time. Police cited increased internet connectivity as they published figures showing fraud rising in areas where it
Glasgow mobile phone boss will start his 10-year ban on Christmas Day after submitting false documents, while securing personal gains of thousands of pounds. Fersun Limited was incorporated in March 2011 and this was the first company operated by Songnan Sun (32) having researched the market for two
Finance Secretary Derek Mackay's decision to freeze the threshold for the higher rate of income tax at £43,430 with the effect of widening the so-called "tax gap" with the rest of the UK, could put some people off coming to work in Scotland, the Scottish Fiscal Commission has said. W
GVA and Graeme Faith & Co have secured a deal which will see Scotch whisky business Chivas Brothers let the entire building at 2-4 Blythswood Square, Glasgow. Acting on behalf of the landlord, Local Authorities Mutual Investment Trust (LAMIT) c/o CCLA Investment Management Ltd, GVA alongside joi
By Eilidh Black, Senior Consultant – Accountancy and Finance, HRC Recruitment
