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Nearly four out of 10 UK homes were sold during the first three months of 2015 were bough with cash, according to the UK’s second biggest mortgage lender. The figure for homes bought without a mortgage represents a record high, the Nationwide building society said.

A 16 per cent increase in private-led new build homes has accounted for a large proportion of a continued rise in housing completions across the country. Housing statistics released today show the Scottish Government shows a total of 12,188 private-led new build homes were completed in the year to e

George Osborne The UK Government has confirmed that it will launch a Lloyds share sale to the public "in the next 12 months".

The UK government could force Royal Bank of Scotland to increase the size of the Williams & Glyn business that is has to sell off to meet the obligations of its 2008 taxpayer bailout. RBS, which is spinning off the Williams & Glyn business next year in a move enforced by the European Union,

Martin Gilbert Aberdeen Asset Management has bought £4.1bn US private equity and real assets manager Flag Capital Management in a move the firm said will improve its hedge fund, property, private markets, infrastructure and pan-alternative offerings.

Perth-based energy supplier SSE, the UK's second biggest company, has reported a 39 per cent increase in profits to £456.8 million for the year to March 31. The performance comes despite the firm admitting that it lost more than 500,000 customer accounts in the last year and its pledge to freeze bi

Royal Bank of Scotland has been hit with a $669 million (£430m) share of a $5.7 billion fine handed out by UK and US regulators to a clutch of high street banks over allegations that they rigged the $5.3 trillion-a-day foreign exchange market. The fine was agreed after the 80 per cent state-owned l

Employers are facing thousands of potential claims for underpaid holiday pay according to accountants BDO. From 1stJuly 2015 back dated claims for underpaid holiday will be restricted to two years so it is expected that many individuals and unions will be trying to get claims in before the deadline

A Post Office manager from Perth has been jailed for more than three years after admitting she embezzled more than £100,000 from the business. Sub-post office boss Carol Oswald, 53, spent the money she stole from her work, a charity and an elderly friend on internet betting.

Members of the public are being invited to view the latest stage of development plans for the expansion of Aberdeen Harbour as fresh images of the expansion are revealed.

More than 6,000 tax defaulters were referred to a special HMRC monitoring unit in tax year 2014/15, up 30 per cent on the year before, in a sign that the taxman is getting much tougher on those who deliberately seek to default on their tax liabilities. The figures, published in response to a Freedom

Katherine Garret-Cox Katherine Garrett-Cox, the chief executive of Dundee-based investment firm Alliance Trust, has been announced as the winner of the Veuve Clicquot Business Woman Award 2015.

Edinburgh-based crowdfunding software provider ShareIn is to transition from equity crowdfunding platform to a provider of services on the back of a new $1 million (£646,000) investment. According to a company report, ShareIn has chosen a “radical change in strategy” by moving from a transactio

Almost 100 new homes are to be built in the Falkirk area in a move that will provide an income for the local authority’s pension fund. Members of Falkirk Council’s executive committee agreed to bring forward an Affordable Housing Grant to help fund new developments.

Andrew Thorburn It has finally been officially confirmed that Glasgow-based Clydesdale Bank is to be split from its Australian parent company and floated.