Search: financial focus

Theresa May The UK Government has announced that it is to set up a new taskforce consisting of police, banks and government officials to combat fraud across the UK.

Newly independent Clydesdale Bank has received a boost after a leading international agency said it is no longer considering cutting the lender’s credit rating. Credit rating agency Standard and Poor’s has taken Glasgow-based Clydesdale and its sister Yorkshire Bank off negative credit watch fol

Edinburgh-based Royal Bank of Scotland has scrapped a sale process for its onshore Indian banking operations. The still 73 per cent state-owned, bailed-out bank said it had “concluded that it is not feasible to sell the business in its entirety”.

Two fifths of Scottish non-homeowners do not believe they will ever be able to buy their own house, Bank of Scotland’s latest How Scotland Lives research has found. Just over a quarter (26 per cent) believe this to be a normal situation to be in, while 14 per cent are concerned about the prospect

Scotland’s regional airport group HIAL recorded its busiest ever year in 2015, gaining more than 45,000 additional passengers during the year. Latest figures show that 1,451,793 travellers passed through HIAL’s 11 airports in 2015, an increase of 3.2 per cent on the previous year.

Angela Vickers The chief executive of Edinburgh-based Apex Hotels is in line for bonus payout worth more than £4 million under a long-term incentive scheme linked to the value of its property portfolio.

Edinburgh University officials have been forced to scrap a plan calling on tutors to leak private information about students who told them about debt problems. Lecturers were instructed to pass the information of hundreds of students who had fallen behind in their tuition fee payments on to official

Edinburgh-based property group Lomond Capital has completed the acquisition of a Birmingham-based estate agency as part of a new expansion drive south of the border. The deal sees Lomond-owned Marwood Homes and John Shepherd Lettings merge with John Shepherd Estate Agents.

Julie Hutchison Edinburgh-based discretionary fund manager Standard Life Wealth, has announced the appointment of Julie Hutchison to the newly created role of charities specialist.

John Swinney Finance secretary John Swinney’s attempt to finalise the Local Government Finance Settlement has been met with outrage by councils throughout Scotland as his proposals were branded “draconian”.

Marion Fellows Motherwell and Wishaw MP, Marion Fellows, this week secured an Adjournment Debate in the House of Commons to highlight the mis-selling of pension schemes to hundreds of Anderson Mining Group employees in 1997.

Occupier demand for commercial property in Scotland remained firm during the last quarter of 2015, according to the latest RICS Commercial Market Survey Q4 2015. The office sector was particularly strong, with a net balance of 50 per cent more respondents reporting growth in demand, while the retail

Crowdfunding should be among the methods considered to fund the renovation of the Palace of Westminster, MPs have heard.

There is evidence that Aberdeen’s beleaguered oil and gas sector is further impacting a string of supporting sectors, according to new data from leading business rescue and recovery specialist Begbies Traynor. Across Scotland as a whole the quarterly ‘Red Flag Alert’ data shows an 11 per cent

Scottish workers are now being paid more on average than their colleagues in the rest of the UK, according to a new study. London-based think tank the Resolution Foundation has found that in 2014, for the first time, median Scottish pay rose above that in England, and by last year, there was a small