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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

Nationwide Building Society has reported that its annual profits have slumped by almost a fifth after taking a £227 million hit on its technology assets and ramping up spending on IT. The UK's largest mutual reported a 19 per cent drop in underlying pre-tax profits to £788 million f

FinTech startup Wagestream, which lets employees access their wages early, has closed a £15 million series A funding round, co-led by venture capital investors Balderton Capital and Northzone. In addition, the venture snagged a credit facility of up to £25 from Shawbrook Bank.

Nearly two million UK adults have barely half an hour of free time a day, because of the dual challenges of caring for younger and older relatives.

Fintech disruptor Soar says it is aiming to change the face of ethical banking following the award of a £450,000 Research and Development (R&D) grant from Scottish Enterprise. The Glasgow-based company is developing a cloud-based and fully-integrated banking platform for credit unions

The Scottish Investment Trust, also known simply as The Scottish, has announced the launch of a new online learning hub designed to reach out to a wider audience. The launch of the learning hub has been marked with a three-part series of videos, "Money... what's it all about?", presented by Young Mo

The proposed Scottish National Investment Bank (SNIB) should not try to compete with the private sector on salaries, but instead attract talent by being "mission-orientated", a leading economist has said. Professor Mariana Mazzucato of University College London, an economic advisor to the Scottish G

Edinburgh-based venture capital firm Par Equity has led investments totalling £3.2 million in two Northern Ireland software companies, Plotbox and Datactics. The technology firms are the latest to benefit from investment led by Par Equity, which has invested more than £118 million in ove

Glasgow-based investment house Maven Capital Partners has led an investment, alongside existing shareholders Par Equity and the Scottish Investment Bank, in Edinburgh-based Symphonic Software Limited, the identity and access management firm. The funding will be used to further scale the busines

The Institute of Chartered Accountants in England and Wales (ICAEW), which is opposing a major shake-up of the operations of the so-called ‘Big Four’ accountancy firms, has been the recipient of more than £50 million in fines levied on those firms as a result of their botched audit

The Financial Reporting Council (FRC) has fined KPMG £5m and "severely reprimanded" the firm and its audit partner Andrew Walker, following their admission of misconduct in relation to the audit of The Co-operative Bank in 2009. The FRC said KPMG's bad auditing came in the