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It has been predicted that millions of families are set to see their annual mortgage payments rise by an average of £5,100 between now and the end of 2024, according to new analysis published by the Resolution Foundation. With the low-interest rate era firmly at an end – the Bank of Engl

The Competition and Markets Authority (CMA) has provisionally approved the deal proposed by Morrisons to acquire McColl's stores. In July 2022, the CMA launched its investigation into Morrisons reported £190 million purchase of stores owned by McColl’s Retail Group Plc.

Scottish salmon now adds a staggering £760 million a year to the country’s economy, a new study from trade body Scottish Salmon has revealed. Salmon Scotland’s report on the farm-raised sector shows that its economic contribution soared by nearly 20% last year when compared to 2019

A Financial Conduct Authority (FCA) review of business interruption claims handling has welcomed insurers quickly paying out interim payments, reallocating resources quickly and proactively communicating with policyholders to help them with claims following the test case judgment handed down by the

Gilson Gray Financial Management (GGFM) has acquired North Berwick-based Wallace Financial Planning in a seven-figure deal. The acquisition is the first step in the growth strategy of the financial services arm of legal firm Gilson Gray. The deal and increases GGFM's assets under management (AU

Monese has announced a $35 million (£30.7m) investment by HSBC bringing the total raised by Monese to $208m (£182m).

New Aviva research has revealed that more people in the UK aged between 65 and 74 are still working compared to six years ago.

A 20-year-old student has crystallised a $110 million (c.£93.5m) profit after a one-month bet on the stock of American retail chain Bed Bath & Beyond. Jake Freeman, currently an applied mathematics and economics university student, raised $27 million (c.£23m) through friends and fami

Japan's national tax agency has launched a competition for ideas to encourage more young people to increase their alcohol intake amid a growing trend of sobriety.

Demand for financial advice has risen greatly as many struggle to meet mortgage debt payments, a charity has warned. Citizens Advice Scotland (CAS) has seen a big increase in traffic to their website pages for advice on mortgage debt. From June 2021 to June 2022 the views of the webpages 'Schemes th

The South of Scotland’s largest community buyout is set to double in size having “achieved the impossible” for a second time in two years, following one of the most ambitious community fundraising campaigns ever seen. A historic agreement for 5,300 acres of land and three propertie

Johnstons of Elgin has reported a pre-tax profit of £3.9 million after a 28% rise in sales for the last year. The family-owned textile firm has a positive outlook as the business is expected to recover to pre-pandemic levels this year. However, the positive outlook comes with expectations of p

The average Standard Variable Rate (SVR) mortgage has reached over 5% for the first time in 13 years.

Scottish businesses have been attracting substantial equity investment in the last year as venture capital and angel investor's interest in the region grows. Based on data from Beauhurst, the research looks at the performance of the Scottish equity investment market and compares with the other natio

A new report published by the Scottish Affairs Committee has warned that access to cash in Scotland is becoming more limited as banks shut down branches and ATMs.