News

The Financial Conduct Authority (FCA) has announced another proposed package of measures targeting motor finance and high-cost credit agreements, which include: high-cost short-term credit (including payday loans), buy-now-pay-later (BNPL), rent-to-own (RTO) and pawnbroking.

In a potential sign of the strain the COVID-19 lockdown is having on the economy, Edinburgh Asset Finance has seen an increase in the number of individuals and businesses seeking to take advantage of asset finance. Based in the capital’s New Town, the firm has reported steady growth in the num

Black Sabbath guitarist Tony lommi has raised over £19,000 for the NHS by auctioning off personal items including one of his guitars.

Eilidh Mactaggart has been appointed the first CEO of the Scottish National Investment Bank. With over 20 years of global experience in banking and investment management, she will lead the Bank’s mission-based approach to investing in Scotland’s economy.

BDO is the latest major accountancy firm to announce cuts to partners remuneration and the furlough of staff with the firm decreasing partner pay by a fifth amid the coronavirus pandemic. BDO, which is the fifth-largest accounting group in Britain by revenues, told its 5,500 employees yesterday

Edinburgh-based eco start-up Pawprint has smashed its crowdfunding target in less than a working day with over 200 new investors supporting the company.

Apache Capital Partners and Harrison Street are to fund a landmark £215 million build-to-rent (BTR) development in central Edinburgh that will be delivered and operated for the long term by Moda Living. The scheme, known as Springside, will include 476 new homes alongside 48 existing, ful

Berwickshire Housing Association has announced its new partnership with Allia C&C to support the financing of its ongoing development programmes across Berwickshire for affordable housing and its vision to create thriving rural communities. The new development at Springfield, Duns

Rodger Group Limited, the parent company of M&J Builders Merchants (M&J) has acquired South Lanarkshire Building Supplies (SLB), with support funding from Royal Bank of Scotland.

Eric Curran, managing partner of DM Hall Chartered Surveyors, has assured that this housing market will return at some point, as it always does. Property professionals who have been in the front line for a long period of time tend to become slightly battle-hardened and take the view that, whatever c

The Financial Conduct Authority (FCA) has revealed that regulated firms have received a total of 6.02 million complaints in the second half of 2019, marking an increase from 4.29m in the first half of the year.  The FCA said that the increase in complaints was mainly driven by a 75% increase in

Edinburgh start-up Drinkly has seen sales soar by over 850% in the last month as life under lockdown continues.

The UK retail sector suffered its worst March on records as sales plummetted amid the coronavirus pandemic, according to the latest British Retail Consortium (BRC) and KPMG Retail Sales Monitor.

High street fashion retailers Oasis and Warehouse have fallen into administration with Big Four audit firm Deloitte appointed as administrator. Some of the 1,800 staff employed across the Oasis and Warehouse shops, concessions and head office will be placed on furlough under the UK Government's job

Lloyds Banking Group has partnered with We Are Digital in a new initiative which has provided 2,000 digital tablets and vital support to 20,000 vulnerable customers facing difficulties during the coronavirus pandemic.