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US banking giant Morgan Stanley has reinforced its commitment to Scotland as the firm celebrates the 20th anniversary of its Glasgow office. The Glasgow operation is now home to 1,600 members of staff and its managing director Vida Rudkin told The Herald that Morgan Stanley is committed to gradually

The Scottish Government's First Homes Fund which provides first-time buyers with loans of up to £25,000 is being continued next year, according to housing minister Kevin Stewart. The fund is still to be fully evaluated by the Scottish Government, however, Mr Stewart has said it has been a "hug

Edinburgh-headquartered auction house Lyon & Turnbull has hailed its transition to online bidding as it has seen its online sales almost double as a result of lockdown. When COVID-19 restrictions kicked in at the end of March, Lyon & Turnbull adapted swiftly to a virtual model. While other m

Dundee-based accountancy firm MHA Henderson Loggie is to launch Start-Up Business Month in October, a new campaign to help the rising numbers of fledgling businesses get off the ground during the current economic crisis. The firm will provide expert advice to help budding entrepreneurs, start-ups an

New data collected by Equifax has found that 40% of people living in Scotland feel worse off financially due to the coronavirus lockdown.

The amount of UK property sales that are made by first time buyers is set to fall for the first time in five years as banks across the country remove low-deposit mortgages from the market in response to the COVID-19 crisis.

Hugh Carr has been appointed to Berwickshire Housing Association's (BHA) board of trustees. Mr Carr is a chartered accountant and after an early career in audit and financial management in the private sector and the NHS, he has worked in and around Scottish housing associations since 1995, as a fina

In the wake of the COVID-19 pandemic, 26% of UK consumers say they are not confident about their financial situation, according to a Chartered Institute for Securities & Investment (CISI) survey.

US bank Wells Fargo informed customer Judy Cashner of her death while she was still alive.

Michelin Development is urging businesses in Dundee, Coupar Angus, Forfar, Arbroath, Carnoustie, Leuchars and Cupar to apply for funding to boost growth. Small- and medium-sized enterprises located in and around these areas could receive unsecured, subsidised loans and free expertise – if they

Peter Shand explores the latest trend of the super-wealthy setting up finance and legal offices to deal with their affairs. Scotland’s financial ecosystem is changing and one of the latest drivers could be the increase in the number of official ‘family offices’ being set up.

Murray Jack, partner at Addleshaw Goddard, discusses how the coronavirus crisis could drive Scottish businesses to embrace private equity on a larger scale. Despite Scotland being home to a number of prominent private equity (PE) house the country has witnessed an element of resistance among some bu

A £3.8m transformation of Diageo’s former Scottish headquarters has created Edinburgh’s newest grade-A flexible office space. Spanning more than 33,000 square feet, Pure Offices at Edinburgh Park consists of 90 serviced office suites, meeting rooms and modern lounges across three f

Scottish ice cream firm Mackie's has seen a record volume of sales this summer as people across the UK turned to the simple pleasure of ice cream.

An estimated 35,070 Scottish SMEs say it is likely their business will close permanently in the next 12 months as a result of the coronavirus crisis, with this figure rising to 54,776 in the event that a second national lockdown is introduced, according to a recent survey by Virgin Money.