Mintlaw housebuilder Claymore Homes is building 50 new residential properties in Cairnbulg near Fraserburgh with support from a six-figure funding package from Bank of Scotland. Construction of the development, which consists of three to five-bedroom houses, began in October last year
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A new trade park in Livingston which the Scottish Government says will help businesses grow and create jobs is to benefit from £2.18 million of public investment. The loan, financed from the £150 million Building Scotland Fund (the pre-cursor to the Scottish National Investment Bank), is
Royal Bank of Scotland has announced that Ross McEwan has resigned from his role as chief executive officer (CEO) and executive director at the still 62 per cent state-owned lender. The bank said Mr McEwan, who has been in the position for five years, has a 12 month notice period and will remain in
The overall number of Scots facing insolvency in the first quarter of 2019 rose 29.2 per cent compared to the first quarter in 2018, according the latest Accountant in Bankruptcy figures released today. The AiB figures reveal that personal insolvencies rose from the 2,533 recorded in the first three
Jim Tomaney, chief operating officer at Dunfermline-based Renovite Technologies has issued a stern rebuke to the UK’s biggest banks for what he says has been their failure to invest in new ATM technology in order to mitigate the effects of their wide-ranging branch culls. Mr Tomaney, said many
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.
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
