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Atom Bank, iwoca, Modulr Finance and The Currency Cloud Group have each been awarded £10 million from the Banking Competition Remedies Board  - the fund spun out of the EU's deal with bailed-out Royal Bank of Scotland. The cash award comes from the Capability and Innovation Fund Pool C, o

Burness Paull has reported a rise in turnover for its financial year ending 31 July 2019, posting an annual income of £58.5 million – up two per cent from £57.6m in 2017/18. Profit at the firm was £22m, down eight per cent from £23.8m. Burness Paull chair Peter Law

Britain’s inflation rate unexpectedly overshot the Bank of England’s 2 per cent target on Wednesday as annual consumer price inflation rose to a three-month high of 2.1 per cent in July from 2.0 per cent in June, the Office for National Statistics has said.

M&G Prudential has today announced its intention to list its shares under the name M&G plc when it demerges from Prudential plc later this year. As an independent company, M&G plc will have a single corporate identity and will continue with two customer-facing brands:

The latest statistics from the UK House Price Index (HPI) show that the average price of a property in Scotland in June 2019 was £151,891 – an increase of 1.3 per cent on June last year. Comparing with the previous month, house prices in Scotland rose by 0.7 per cent between May 2019 and

Glasgow-based Ambassador Real Estate, part of Ambassador Group, advised by Savills and supported by their capital partner Longbow, has completed the £28m purchase from Oval Real Estate of Broadway Park, in the well-established Edinburgh’s South Gyle Business District. Broadway Park which

The total value of retail sales in Scotland decreased by 0.3 per cent last month compared with July 2018, when they had increased by 1.1 per cent, new data from the Scottish Retail Consortium has shown. This is above the 3-month average decline of 1.9 per cent but below the 12-month average decline

The majority of businesses need to adapt urgently if they are to attract talent from Generation Z, according to a survey of senior finance professionals. As part of its latest #BigQuestion research, Reed Finance asked nearly 500 finance professionals about Generation Z, defined as those born between

Only 29 per cent of British adults are actively saving towards their future and over half (58 per cent) wish they had invested in their retirement at an earlier age, new research from savings and mortgage provider Nottingham Building Society has revealed.

Over half of the UK’s small and medium enterprises (SMEs) have woken up at night with a new business idea (57 per cent), while the most popular time for an idea to be dreamt up is between 2-3 am (28 per cent), new research released by Barclays has revealed. Analysis revealed that almost h

Thousands of people have signed a petition calling on Edinburgh Fringe authorities to allow a giant inflatable vagina to fly over the city home to Scotland's financial centre.

Auditor KPMG has reportedly forced out one of its partners over messages sent on WhatsApp.

Close Brothers Asset Management (CBAM) has appointed Alastair Wilson to the role of managing director, strengthening the high net worth investment management capability of the firm’s office in Edinburgh, and supporting its ongoing growth. Mr Wilson has more than thirty years’ experience

Royal London Asset Management’s funds rose to a record £130 billion in the first six months of the year on the back of new institutional mandates, the firm's half year numbers have revealed. Funds at the UK’s largest mutual life insurance and pensions company rose by 14 per ce

Scotland's unemployment rate has risen in recent months, according to new official figures. From April to June Scots out of work rose by 12,000 to 102,000 (3.6 per cent), although this was below the UK rate.