Search: financial focus

Maryhill Housing has completed a £35.5 million funding renegotiation with its existing lender Royal Bank of Scotland (RBS). The announcement comes after the housing association carried out a full review of its loan financing arrangements in 2018.

Three Scottish charities supporting vulnerable young people across the country are to share a donation of £30,000 from law firm, Gillespie Macandrew. Children in Scotland, Rock Trust and Rossie Young People’s Trust, all long-standing charity partners of the firm, will equally share this

Infrastructure giant Amey has seen a £250 penalty for late work rocket up to £50 million after taking too long to repair four damaged bollards. Birmingham City Council had initially issued the firm with a £250 fine after it failed to remove the two pairs of bollards

PKF Geoffrey Martin & Co have reassured savers that their money will be safe after being appointed as administrators at a credit union in Glasgow’s East End. Parkhead Credit Union announced it will no longer be trading and is now in default.

Mark Carney, the governor of the Bank of England has told an audience in Glasgow this week that Brexit has already been a major factor in stifling the growth of Scotland’s economy. Speaking to an event for charities and voluntary groups, including Barnardo’s Scotland, the West of Scotlan

Scottish Slimmers has ceased trading with effect, with Blair Milne, restructuring partner based in Campbell Dallas’ Glasgow office, appointed as liquidator.

As the final members of the Baby Boomer generation reach the age they can access their pension, analysis by Aegon, the Edinburgh-based pensions and investment company, reveals Argyll & Bute as the location with the highest proportion of Baby Boomers in Scotland.

Scottish landlords of private rented properties face higher tax bills than their English counterparts from next week, according to leading accountants and business advisors French Duncan. This is because of the reduction of tax benefits introduced by George Osbornes’ 2015 Budget which aimed to

Almost 115,000 businesses waited an average of 57 days for payment in 2018 with more than 1,000 of these subsequently entering insolvency as a result, according to new data from insolvency specialist Begbies Traynor. The data, which was gathered from more than 1 million debtor day reports since 2011

An overwhelming number (57 per cent) of British people say they can’t confirm the amount of money in their bank account.

Scottish businesses involved in the construction sector could face substantial cash flow issues under new VAT rules due to be introduced this year, according to accountants and business advisors French Duncan. HMRC has updated the draft legislation for its new VAT domestic reverse charge regime for

Insurance payouts that provide a lifeline to help businesses struggling to cope with bad debts are at their highest level since 2009, with the equivalent of 50 new claims made every day, according to new figures out today from the Association of British Insurers (ABI). The figures highlight the supp

Wealth manager Brewin Dolphin has announced the promotion of three new divisional directors across its Scottish offices as it continues to strengthen its operations. Alistair Douglas will make the step up from assistant director in Edinburgh, while Alan MacPhee and David Moore have been pr

The winner of the F&C Investment Trust Prize has been announced as Heather Ramsey, who is studying for an HND in Legal Services at City of Glasgow College. Heather Ramsey, Paul Little, principal and CEO City of Glasgow College, AND Milea Leone, student president of

The average price of a property in Scotland in January 2019 was £149,036 – an increase of 1.3 per cent on January in the previous year and an increase of 0.6 per cent when compared to the previous month. The latest publication of the monthly UK HPI shows that this compares to a UK averag