Royal Bank of Scotland is to launch a new initiative supporting female entrepreneurs across Scotland.
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UK adults would invest an average of £693 more a year – or £35 billion in total – into stocks and shares ISAs and investment funds if there was more clarity around the products, new research has revealed.
Chartered accountants and business advisors Anderson Anderson & Brown LLP (AAB) has announced that revenue from its Houston-based clients accounted for 15 percent of its total revenue of £23.8 million ($31 million) for the year to 31 March 2019. The firm’s specialist teams provide gl
The Scottish retail sector had its highest ever quarter for insolvencies in the first three months of 2019, according to new analysis of the sector by accountants and business advisers French Duncan. In Q1 28 retailers were made insolvent which is already over 40 per cent of the entire figure for 20
Shares in Lloyds Banking Group came under pressure yesterday after it revealed charges and Brexit held back growth in first-quarter bottom-line profits. Bank of Scotland’s owner reported flat statutory pre-tax profits at £1.6bn as it revealed a further £100 million charge for payme
Aberdeen continues to lead the way as the city with the highest rate of innovative businesses across Scotland’s 32 local authority areas. A total of 250 Aberdeen companies (2.6 per cent of all enterprises in city), including SMEs and large businesses, claimed for R&D tax relief in the late
The Bank of England has today announced that interest rates are to remain at 0.75 per cent where they have been since the Bank of England last raised them by a quarter of a percentage point last August. At the moment, the Bank said it is expecting just one rise in interest rates by 2021.
Britain’s free-to-use ATM network is on course to be decimated in the coming months unless urgent action is taken to protect access to cash, new research from consumer watchdog Which? has revealed.
Edinburgh-based wealth manager, Brooks Macdonald, has launched an innovative Decumulation Service to meet the evolving needs of the ‘at retirement’ market and beyond. Since pension freedoms began in 2015, over 1.8 millioni people have accessed their defined contribution pension pot and t
Nationwide Building Society has today announced that it has invested in Ordo, an innovative payment request service launching later this year that connects billers to payers using apps and secure messaging, putting billers and their customers back in control of their payments. Ordo pr
The Competition and Markets Authority's (CMA) recent intervention following an outcry over conflicts of interest in the wake of a string of scandals involving Deloitte, EY, PwC and KPMG may be challenged in the courts by the so-called ‘Big Four’ ac
Eileen Blackburn and Brian Milne, of accountants and business advisers French Duncan LLP, have been appointed joint administrators of Edinburgh-based Big Data for Humans. Big Data for Humans, which has four employees, provided data science services for customer marketing specialising in retaile
The Scottish Government is to create a £150 million national pilot scheme to provide support for first-time buyers and has also launched a consultation of short-term lets. Under the scheme, which will be launched later this year, buyers will be required to fund a minimum of 5% of the
Royal Bank of Scotland has today reported profits of £707m profit for the first three months of the year, which was down from £808m for the same period last year, a downturn the Edinburgh-based lender said can be attributed to the impact of Brexit uncertainty on near-term growth. Th
The first biometric fingerprint card issued by a UK bank has entered circulation as part of a national trial by Royal Bank of Scotland which is piloting cutting edge, biometric fingerprint technology with 200 customers.
