Satago, an all-in-one cashflow solution designed by a Dundee entrepreneur and marketed as a more flexible and lower-cost alternative to traditional financing arrangements such as factoring, has secured £4.6 million in funding for its launch. Dundee University graduate’s Steven Renwick, 36, who ha
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https://youtu.be/YJzJCd_pwy8 A new play is to mark the vision of a Dumfriesshire minister who is credited with founding the world's first savings bank.
Seven in 10 people who have accessed their pension since new freedoms introduced in April 2015 allowed over-50s free access to their retirement savings did not shop around for different products, according to new research. A Citizens Advice report found that a quarter of consumers (24 per cent) who
A major credit ratings agency has said Scotland is leading the way when it comes to helping people who are struggling with debt problems to avoid the prospect of having to enter insolvency. In its latest report, Experian said that the overall number of UK consumers who entered insolvency in the firs
Colin Walls Colin Walls is head of trade and working capital at Bank of Scotland
Blair Milne Independent accountancy firm, Campbell Dallas, has appointed Blair Milne as a new Partner in the firm’s Business Recovery and Insolvency Practice.
Howard Archer In April homebuyers paid the lowest interest rates ever to be seen on their mortgages, the Bank of England has reported.
The Church of Scotland is considering the sale of land historically used to graze animals but which now brings back little or no return.
Airdrie Savings Bank, Scotland’s only independent, mutual bank, has produced a twist on the cashback mortgage idea allowing employees, trustees and volunteers of thousands of Scotland’s third sector organisations and social enterprises benefit by £250. Many banks offer cashback to borrowers as
City watchdog the Financial Conduct Authority (FCA) has today announced the level at which it will consult to cap early exit charges for those consumers wishing to make use of new pension freedoms. The FCA has proposed that for existing contract-based personal pensions, including workplace personal
One third of the largest firms are withholding key information from annual reports, according to a new study of FTSE 100 companies carried out by the Chartered Institute of Personnel and Development, the Chartered Management Institute and the Chartered Institute of Management Accountants. The study
Deloitte has played down the significance of the peer-to-peer lending phenomenon in a report that predicts the industry is unlikely to account for any more than 1 per cent of all lending in the UK by 2025. But while the global accountancy firm believes online platforms connecting investors directly
Edinburgh Business School is launching a £250,000 scholarship scheme to celebrate its 25th anniversary. Under the scheme, 25 individuals, resident in Scotland, will be awarded a fully-funded place to study the Edinburgh Business School Master of Business Administration (MBA) programme, delivered by
The number of alternative lenders that Royal Bank of Scotland recommends to the small and medium-sized business clients that it has turned down for a loan is to be expanded, the Edinburgh-based lender has said. Five alternative lenders will join the Capital Connections panel that puts unsuccessful a
Antonio Horta-Osario Bank of Scotland owner Lloyds Banking Group yesterday avoided an anticipated revolt over executive pay as shareholders approved the Edinburgh-based group’s remuneration report by 97.7 per cent.
