News

Research carried out as part of accountancy firm BDO LLP’s annual FraudTrack report shows that Scotland ranked as the fourth most defrauded region in the UK by value as fraud rose by 88 per cent from £16.2m in 2017 to £30.4m in 2018. Accountants and business advisers BDO disco

A Glasgow housing association has struck a £30m deal with Handelsbanken to help finance new build properties and a comprehensive programme of improvements to city housing. Southside Housing Association (SHA), will use the loan facility from the Swedish bank to support the finance of upgra

A first of its kind Innovative Finance ISA (IFISA), allowing investors to spread their money across multiple peer-to-peer lenders (P2P) has been launched this week by Edinburgh-based investment platform and analyst Orca Money.  The Orca ISA aims to open up the P2P market to retail investors and

CYBG has announced that its Clydesdale Bank and Yorkshire Bank branches are now completely image cheque enabled, well ahead of the industry deadline. Following the completion of its mobile app feature in early 2018, the Bank has undertaken an extensive programme of work to migrate its Customer

Scottish accountants and financial advisers French Duncan are today highlighting the fact that the most significant changes to insolvency working practices in Scotland in over 30 years are to come into force in just four weeks when they are introduced on 6th April. The new rules are the In

The Financial Conduct Authority (FCA) says it is considering changes to the way in which commission works in the motor finance sector after uncovering serious concerns about the way in which lenders are choosing to reward car retailers and other credit brokers.  The findings form part of the fi

Increase in the average price of a residential property but a decrease in the volume of sales, compared with the previous year.

Wylie & Bisset is warning anyone who participated in Employee Benefit Trusts (EBTs) and Employer Funded Retirement Benefit Schemes (EFRBs) that the new Tax Year could bring unprecedented financial woe as the new Loan Charge Legislation comes into force. Traditionally such schemes remunerated key

Scotland has come top of an index charting the representation of women in the workplace across the UK, retaining its position from the previous year. The performance is revealed in PwC’s latest Women in Work Index, which analyses the representation and welfare of women in the world o

British banks are being hit by more than one major IT or security failure that stops customers from making payments every day, a Which? Money investigation has found.

The Housing team at law firm Harper Macleod has seen the overall tally for Scottish housing association funding deals it has advised on in the current financial year approach the £500 million mark after the latest investments were announced. Led by partner Derek Hogg, one of Sco

A Scottish firm that has pioneered technology using plastic waste to surface roads has opened its first factory in Dumfries and Galloway today.

The head of public spending watchdog Audit Scotland has spoken out about the “sexist and inappropriate” behaviour that she and her team have been subject to when presenting their findings to boards. Speaking ahead of International Women's Day on Friday, Caroline Gardner, 55, who has been

Benny Higgins, the former Tesco Bank boss charged with delivering the Scottish government’s national investment bank, has revealed that he will stand down from his post next year when he expects the bank to be up and running. Mr Higgins was appointed as strategic adviser to First Minister Nico

Aviva, Britain's biggest insurer, which employs 2,500 staff across hubs in Perth and Bishopbriggs, has today announced that Maurice Tulloch will become its new chief executive officer with immediate effect. Sir Adrian Montague, chairman of Aviva, who has been acting in an executive capacity pen