Search: financial focus

As many as 2,000 jobs could be lost at Edinburgh Council as the authority considers a number of proposals to address a £126 million budget shortfall over the next four years. A report to the council’s finance and resources committee on Thursday will propose cost-saving actions such as encouraging

David Menzies Figures for 2014/15 have revealed that funds returned to creditors increased while there was a 'sharp drop' in the number of personal insolvencies north of the border.

Revenue Scotland chair Dr Keith Nicholson The Scottish Government is searching for a new chief executive to head up Revenue Scotland, the body responsible for collecting devolved taxes like the Land and Buildings Transaction Tax.

Lee Rochford The finance director of challenger bank Virgin Money, which has one of its four main bases in Edinburgh, has resigned less than a year after the lender floated on the stock market.

Over 200 stakeholders from across the globe will convene in the Balmoral Hotel in Edinburgh today to discuss untapped opportunities, convergence and collaboration within the £37 trillion ethical finance sector. The inaugural two day Global Ethical Finance Forum (GEFF), organised by Dubai based ME G

The Scottish Government's draft budget for 2016-17 will not be published until after the UK government's spending review in late November, it emerged today. The draft budget - which is usually published in September - has been pushed back due to uncertainty over the block grant for Scotland, which w

The number of millionaires in Scotland has soared over the past five years, according to new research. Figures obtained by Barclays show there are now 48,000 millionaires living in Scotland, which amounts to a 41 per cent increase since 2010.

Social Investment Scotland, which invests funds put up by banks and the Scottish and UK governments, has revealed that it provided a record £7.5 million to 45 social enterprises, charities and community organisations over the last year. SIS chairman Nick Kuenssberg, whose daughter Laura was named l

Nick Handcock Nick Hancock is an Associate in the Edinburgh office of DM Hall chartered surveyors

While the economic recovery continues apace and wages rise, youngsters are yet to feel the trickle-down effect as pocket money remains depressed, according to latest figures. An annual fall of 2.4 per cent in the last year was recorded by the latest Annual Pocket Money survey from the Halifax.

Almost one in five Scots have not told their partner the full extent of their debts, according to new research. The study, conducted on behalf of the Debt Advisory Centre, found nearly two-thirds of Scots in a relationship have unsecured debt, with £3400 the average amount owed.

The Royal Bank of Scotland has announced the date of this year’s annual Legal Sector Conference in Scotland alongside new partner mmadigital. The free regional conference will be held at the 73 per cent state-owned lender's sprawling Gogarburn Conference Centre in Edinburgh on Monday 5th October.

Graham Beale The boss of Britain's biggest customer-owned lenders has claimed that the new banking tax announced by Chancellor George Osborne last month is set to cost it £300 million over the next five years and could curb its lending powers.

Royal Bank of Scotland is among nine global banking giants that have agreed to pay $2bn (£1.3bn) in settlements to US investors over claims the firms rigged foreign exchange rates. According to the BBC, the RBS is joined by HSBC, Barclays, BNP Paribas, Bank of America, JP Morgan, Citibank, Goldman

Carrington Dean has secured a four-year contract with the Accountant in Bankruptcy (AiB), the executive agency of the Scottish Government responsible for administering the process of personal bankruptcy, the Debt Arrangement Scheme and recording corporate insolvencies. The agreement will see the Gla