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Economic growth in Scotland is expected to dip to 1.2 per cent in 2019, before accelerating to 1.6 per cent in 2020, according to PwC’s latest UK Economic Outlook report. The projections come as official figures show Scotland saw GDP growth of 0.3 per cent in real terms during the fo

The Scottish public are just as likely to invest their savings in art, antiques, jewellery or wine as they are in the stock market, according to new research from Barclays. The research, coinciding with the 20th anniversary of the ISA, reveals that only a quarter of Scots (25 per cent) hav

Technology has the potential to create seismic waves of change through banking that will alter consumer habits further, but the industry will need to work hard to maintain trust and to ensure some customers are not left behind in the ‘Bank of the Future’.

Royal Bank of Scotland subsidiary NatWest has announced the launch of a brand new initiative supporting female entrepreneurs throughout the UK in a national first. The crowdfunding programme, entitled ‘Back Her Business’ has been developed in partnership with established provider, C

The Institute of Chartered Accountants of Scotland (ICAS) has called for robust public debate on Scottish tax raising powers, including the introduction of a tourist tax.

The rollercoaster that is car insurance prices in Scotland has left some motorists forking out more to keep their car on the road, while others are left with a few extra pounds to play with, according to new data.

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.