Search: financial focus

The ‘Bank of Mum and Dad’ is a major Scottish lender, with over half a billion (£582m) loaned out to families, according to Bank of Scotland’s latest How Scotland Lives research. This study, which looks at family debt, identified that the average Scot owes their parents £3,079. With 28 per c

Introduced April 6th, 2016, the new Innovative Finance ISA (IFISA) seeks to help retail investors invest in the innovative alternative investment that is marketplace lending or peer-to-peer lending (P2P) as it’s more commonly known. Orca money explains the new innovative finance ISA with this easy

Employees based at KPMG’s Glasgow office have run, swam, hiked, cycled and tried their hand at tai chi to raise funds for youth employability charity, The Prince’s Trust. Scores of Glasgow staff took part in the Health Day fundraising event as part of KPMG’s commitment to promoting greater soc

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

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