Search: financial focus

The Financial Conduct Authority (FCA) has revealed that 40 per cent of borrowers who took out a mortgage in 2017 will be aged over 65 by the time their mortgage matures - almost double the number recorded a decade ago. The City watchdog said that the 40 per cent figure represents dramatic shift from

Following a strong performance in 2018, Scotland’s economic growth is forecast to fall in 2019 as pressure on the labour market intensifies and business investment remains subdued, according to the EY Scottish ITEM Club 2019 Forecast published today. While Scotland’s economy ou

A customer of Royal Bank of Scotland subsidiary, NatWest, whose bank refused to refund him for the theft of £20,000 from his account while he was in hospital following a violent mugging has finally had his money back after an investigation by the BBC into the handling of his case. Th

Scotland’s three largest councils could collectively save over £1 billion by re-financing controversial high interest ‘Lobo’ loans, after one high street bank, Royal Bank of Scotland, indicated it is “open to discussions” about loan re-financing after agreeing to

Bruce Wood of Morton Fraser assess the implications for Scotland of the reinstatement of the "Crown Preference" in all insolvency processes  

A property owner who sued the Royal Bank of Scotland for breach of contract over the mortgage lender’s early termination and demand for repayment of three loans has had his £160,000 damages action against bank dismissed following an appeal.

Scottish retail sales suffered a decreased of 0.6 per cent last month on a like-for-like basis compared to October 2017, when they had decreased by 1.0 per cent. This is below the three-month average of -0.2 per cent.

Cat MacLean This week the Supreme Court handed down a judgement in the case of Dooneen v Mond, upholding the judgments of the Inner House and the Lord Ordinary (the late Lord Jones) before it. The claimants were therefore successful before all three courts. So what was their claim about? Cat Maclean

Tim Cooper The latest statistics from Accountant in Bankruptcy (AiB) for the first quarter of 2018-19 show total personal insolvencies, which include both bankruptcies and protected trust deeds (PTDs), rose by 11.8 per cent relative to the first quarter of 2017-18.

Stephen Martin Stephen Martin, head of office at Brewin Dolphin in Glasgow warns not to be complacent as mergers come thick and fast

A plumbing business has had its appeal against a decision of an employment tribunal unanimously dismissed after justices in the Supreme Court endorsed the decision of the tribunal, namely that the respondent was, inter alia, a worker in terms of the Employment Rights Act 1996.

New research released today to mark the launch of the UK’s first ever National Numeracy Day has shown that anxiety around numeracy and maths could be holding back millions of people across the UK from getting on at work or getting a better deal on their personal finances.

Scotland is a nation of mobile app-y oversharers with little regard for personal security and the consequences of sharing passwords and login details, according to a "startling" new landmark survey carried out by Royal Bank of Scotland.

Ged Killen It could take two decades for complaints by WASPI women to be investigated by the DWP, Scottish Labour has claimed.

Bruce Cartwright Nearly seven out of 10 Chartered Accountants are still at a loss as to what Brexit will mean for business, the Institute of Chartered Accountants of Scotland (ICAS) has said today.