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Gresham House, the specialist asset manager, has announced the first close of the Gresham House Forestry Fund LP with £15 million of commitments and finance raised for the strategy from university college endowment funds, family offices and private individuals, including £1.25 million from the ma

Campbell Dallas has revealed that the winding up of the affairs of collapsed Dundee building firm Muirfield Contracts could still take “some considerable time”.

The UK government has reduced its stake in Lloyds Banking Group to below 9 per cent after Chancellor Philip Hammond sanctioned a new share sale.

Royal Bank of Scotland has reported losses of £469 million for the third quarter of the year as its latest attributable or "bottom-line" loss was widened by restructuring costs of £469 million and conduct and litigation costs of £425 million, as well as a deferred tax write-off of £300 million.

Royal Bank of Scotland has held discussions with a group of institutional investors aimed at settling one of several outstanding cases against the scandal-hit lender, according to reports.

Brits are saving more money than ever before are still falling short of the £20,000 they say they need to feel financially secure.

Glasgow-based Clydesdale Bank has emerged as the latest suitor for the 300 Royal Bank of Scotland branches that the still 73 per cent state-owned lender must sell-off to comply with the EU-imposed conditions of its £45 billion taxpayer bailout in 2008.

A startling number of Brits are out of touch with their finances with new research revealing that of the 37 per cent of the country admitting to being in debt, more than a quarter 28 per cent of adults with a credit card have no idea how much debt they actually have on it.

(Image: Stuart Crawford) Scottish James Bond legend Sean Connery’s Spanish lawyers are facing jail for tax fraud after an investigation sparked by the sale of the actor’s Andalucian home.

Nearly a third of Scotland’s professional services firms are considered to be at higher than normal risk of insolvency, according to research by insolvency and restructuring trade body R3.

Hundreds of thousands of people who fell into arrears on their mortgage may be eligible for compensation, after a ruling by City regulator the Financial Conduct Authority.

Nearly seven in 10 (69 per cent) people in Scotland are unaware that over the next few years there will be increases to the minimum contributions they will have to make into their workplace pension scheme, according to the latest Scottish Widows Workplace Pensions Report.

Edinburgh-based Standard Life has been ordered by the Financial Conduct Authority (FCA) to review its handling of pension customers dating back to July 2008 amid suspicions of the mis-selling of annunities.

Glasgow-based football club Celtic has succumbed to pressure from a fan campaign to pay the new living wage of £8.25.

Aberdeen City Council has become the first local authority in Scotland to be assigned a credit rating as it prepares to invest in major housebuilding and construction projects.