The Financial Conduct Authority (FCA) has fined Lloyds Bank, Bank of Scotland and The Mortgage Business a total of £64,046,800 for failures in relation to their handling of mortgage customers in payment difficulties or arrears.
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JBS Fabrication Ltd, an Aberdeenshire company providing engineering solutions to the energy sector, has secured vital funds to navigate the coronavirus lockdown and recovery, thanks to a £1.2 million Coronavirus Business Interruption Loan (CBIL) from Barclays.
Leading corporate dealmaker Frank Blin and a former airline boss Paul Simmons have joined the Beattie Communications and Wright, Johnston & Mackenzie partnership which is helping companies fight the devastating commercial impact of coronavirus. The primary objective of the Beattie Comm
Dundee & Angus Chamber of Commerce has launched a new business funding matching tool to revolutionise access to finance for businesses across the region. The new Chamber Finance Finder will allow member businesses fast and simple access to all funding options across loans, equity and grants &nda
It has been revealed that the Ministry of Defence (MoD) has wasted a total of £9 million paying rent on demolished properties, funding management consultants to do nothing and other pointless payments in the past three years.
The Royal Bank of Scotland is urging both businesses and members of the public to continue donating essential food and supplies to its Gogarburn headquarters in Edinburgh to help vulnerable people throughout Scotland as the impact of coronavirus remains prevalent across the country. RBS has been wel
The coronavirus crisis has spurred many Scottish smaller firms to sell more online; to introduce new products and services; and to use digital technologies to better manage their operations, according to research from the Federation of Small Businesses (FSB). A survey of almost 800 Scottish business
The Financial Reporting Council (FRC) ) has issued imposed non-financial sanctions on KPMG in relation to the statutory audits of the financial statements of Foresight 4 VCT plc. The sanctions have been imposed for the KPMG's audits of the company for the 2012/2013, 2013/2014 and 2014/2015 financial
Go Ape, the UK outdoor adventure company and visitor attraction has secured funding from the Coronavirus Business Interruption Loan Scheme (CBILS) through Clydesdale Bank, owned by Virgin Money, to help it through the economic impact of the coronavirus crisis.
Overall secondary offerings have reached £14.7 billion across 135 transactions in the UK for the year to date, according to new analysis from Deloitte. A secondary offering refers to the sale of shares in a listed company occurring after a company's IPO, with the transaction taking p
The Scottish Government has announced a £2 million funding package to support town centres and aid the recovery of local communities as coronavirus measures are gradually and carefully eased. The Towns and Business Improvement Districts (BIDs) Resilience and Recovery Fund is open to local
Scottish companies offering online training and e-learning opportunities are seeing a significant increase in enquiries since coronavirus emergency measures were introduced, according to accountancy and business advisory firm MHA Henderson Loggie. The firm has said that companies offering such
Investment bankers in Paris have become the latest to join the post-lockdown cycling craze in the city, as USA bank Morgan Stanley has given bikes to 45 of its staff to use on company business.
The UK's GDP fell by 20.4% in April marking the largest decline since monthly records began in 1997, according to the latest data from the Office for National Statistics (ONS).
The Scottish Government has published the results of the consultation on the replacement for European Structural and Investment Funds (ESIF). Scotland has been a major beneficiary of the ESIF since 1975 with an estimated investment of £4 billion between 1975 and 2006, and a further £820