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Scotland’s international exports increased by 3.4% in 2018 while exports to the rest of the UK also increased, up 2.5%, according to data released today. The Export Statistics Scotland 2018 provides estimates of the cash value of Scotland’s exports of goods and services, by industry

The Financial Conduct Authority (FCA) has written to major banks today asking them to provide evidence of how they arrived at their overdraft pricing decisions.

Par Equity had a record-breaking final three months in 2019, securing one exit, battery technology expert Dukosi, and orchestrating 11 investments. Edinburgh-based Par Equity, which specialises in investing in young, high-growth companies, saw London-based managers join them in putting money in

In a comprehensive review of the future of UK payments, the Institute for Public Policy Research (IPPR) has set out how the transition to a ‘less cash’, but not cashless, digital economy can be managed to protect the vulnerable and spread digital opportunities widely and fairly. The

Tesco Bank is to create 100 new technology and change rolls in its Edinburgh office as part of a wider investment in customer-centric solutions that will help better meet the needs of Tesco shoppers. A further 20 jobs are to be created at Tesco Bank's Newcastle office. This is in addition to the 20

Marketplace lender Assetz Capital has provided a £350,000 refinance loan to The Crown Tavern pub in Lanark to fund a refurbishment and third-floor residential conversion.

The number of corporate and personal insolvencies for the whole of 2019 has increased, according to the latest Scottish Insolvency Statistics from Accountant in Bankruptcy. Overall, corporate insolvency numbers in Scotland for the whole of 2019 were 4% higher than in 2018, and were at their highest

Lloyds Banking Group has pledged to reduce the carbon emissions it finances by over 50% by 2030 to help finance a green future. This is the estimated equivalent of removing the emissions produced by almost a quarter of UK homes.

HSBC has appointed former Standard Life boss David Nish as senior independent director and chairman of the group audit committee. Mr Nish will also become a member of the group risk committee with effect from 18th February this year.

The value of major fraud cases going through the Scottish courts increased by £11 million, according to the latest data from KPMG’s Fraud Barometer, which analyses alleged fraud worth more than £100,000. Cases, valued at more than £15.6m (£15,669,670), were heard in cou

TSB is set to open a new IT centre in Edinburgh in a move to drive the expansion of digital banking as part of a £130 million investment, creating 100 technology jobs. The opening of the new centre, based in Henry Duncan House in George Street, will see 100 new jobs added to the region, includ

City deals have been positive for Scotland's economy but the Scottish Government does not have a plan to measure their overall long-term success, according to a report by the Accounts Commission and Audit Scotland. The public spending watchdogs said city region and growth deals have enabled economic

Scott Lindsay has joined the Law Society of Scotland as executive director of finance and operations. Mr Lindsay, a chartered accountant and member of the Institute of Chartered Accountants of Scotland (ICAS), has most recently run his own consultancy business, SLL Business Consultants. Prior to tha

Alan Stewart, tax partner at chartered accountancy practice Meston Reid & Co urges individuals to consider all the options when it comes to inheritance tax. There’s unlikely to be any single solution for people looking to minimise their estate’s exposure to inheritance tax (IHT) liab

International travel money specialist Equals has opened an office in Edinburgh, in a move to strengthen its presence across the UK. The e-banking and international payments group, which currently has offices in London and Chester, has grown rapidly in recent years and had a turnover of &po