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After announcing an agreement in principle for the strategic joint venture on last March, Virgin Money and Aberdeen Standard Investments have today confirmed that they have signed a conditional agreement for the sale by Virgin Money to ASI of 50 per cent (less one share) of VMUTM and agreed the key

Nine estate agents have gone bust every week since 2010, according to an Edinburgh-based property management firm. DJ Alexander Ltd, one of the UK’s largest family-run property management businesses, has analysed official data and found that 4,258 estate agency businesses have gone bust since

Following news this week that his company has just become the most valuable in the world, it has now emerged that Amazon CEO Jeff Bezos is to split from his wife in what is being suggested could result in the biggest divorce settlement in history.

Growth or value? That has been the question on many investors’ minds as markets took a turbulent turn through the autumn months. They represent the two main schools of thought when it comes to investing and investors often try to lump stocks into one or other of the two categories. Of course,

Despite having the largest listing of the year in the final quarter, UK IPO activity in 2018 fell as companies weighed up Brexit uncertainty, according to EY’s latest IPO Eye report. 2018 saw a total of 79 IPOs listing in London - 44 on the Main Market and 35 on AIM - raising £9.5bn.

A Scottish fintech start-up has announced plans to roll out its flagship banking app within months after securing funding from Scottish EDGE. Nexves, which has also been supported by accelerator programmes run by Royal Bank of Scotland and Elevator, is "a platform that enables a swarm of individuals

Blair Nimmo and Geoff Jacobs of KPMG, who were appointed at the start of December as joint administrators of Invergordon-based low-energy housebuilder CLDB Limited, trading as Carbon Dynamic, have announced the sale of the business and assets to Carbon Dynamic (Scotland) Limited, a ne

Royal Bank of Scotland has applied for a German banking licence in a bid to safeguard its European business interests in the event of a no-deal Brexit.

Scotland ranks in fifth place out of all UK local authority areas with 56 per cent admitting that when it comes to taking risk with their savings and investments they have a low or zero attitude. The finding was revealed via new research by Edinburgh-based savings and investments company, Aegon UK,

Big Four accounting firm KPMG has taken the controversial decision to cut staff bonuses for missing deadlines in a bid to stop the late returning of key paperwork.

The average price of a home in Scotland continued its upward trend in October 2018 to reach £151,508, according to Registers of Scotland.

The Financial Conduct Authority has fined Santander £32,817,800 for failing to effectively process the accounts and investments of deceased customers. The City watchdog said it found that Santander did not transfer funds totalling over £183m to beneficiaries when it should have done

The Financial Conduct Authority announced this morning that banks are to be banned from charging customers a fixed daily or monthly fee for using their overdraft in a move Andrew Bailey, the City watchdog's chief executive said was the "biggest intervention in the overdraft marke

Glasgow-based M&D Green Group, one of Scotland’s largest independent pharmacy operators, has secured an eight-figure funding package from HSBC UK to aid its growth across Scotland. The deal included a seven-figure loan which M&D Green Group has used to acquire Thomas McLean & Son&r

Better broadband connection has lead to fraud in the Scottish islands soaring by 700 per cent as people hitherto out-of-reach begin falling victim to cyber criminals for the first time. Police cited increased internet connectivity as they published figures showing fraud rising in areas where it