News

International ratings agency S&P Global Ratings has announced an upgraded outlook on Glasgow-based Wheatley Group’s credit rating. The agency revised its forecast for the housing, care and property management group to “stable” from “negative”, wh

The SNP has reiterated calls for the UK Government to drop its plans for a £30,000 salary threshold for migrants post-Brexit, calling it an “unreasonable” and “irrational” policy. The Migration Advisory Committee’s £30,000 minimum salary threshold – wh

New academic research has revealed that school pupils in the UK are becoming increasingly unable to work out change, with physical money rapidly becoming an alien concept to them.

Following the recent arrival of Debbie Crosbie as TSB’s new CEO, the bank has today announced two further leadership appointments at the top of the bank as it steps up its turnaround programme. Robin Bulloch will be joining as customer banking director, responsible for transforming the TSB cus

KPMG is facing yet another hefty fine, this time for accounting failures dating back to the financial crisis. The Times newspaper has reported that audit watchdog the Financial Reporting Council and KPMG underwent a tribunal hearing this week over the audit firm’s decision to sign off BNY

More than 5,000 jobs have today been placed in jeopardy today after British Steel was finally placed in compulsory liquidation this morning.

Celebrity chef Jamie Oliver's restaurant group has collapsed and been placed in administration, with 1,000 jobs lost. The group, which has two Scottish locations in Edinburgh and Glasgow, includes 23 Jamie’s Italian outlets, plus the Fifteen and Barbecoa restaurants in London and Jam

Nationwide Building Society has reported that its annual profits have slumped by almost a fifth after taking a £227 million hit on its technology assets and ramping up spending on IT. The UK's largest mutual reported a 19 per cent drop in underlying pre-tax profits to £788 million f

Glasgow-based accountancy firm Wylie & Bisset has told landlords that selling up is not the only option available to them as new HM Revenue & Customs figures reveal landlords of UK buy-to-let property have reacted to the government squeezing their returns by selling assets. HMRC has rev

Almost £70 million has been invested in housing projects through the Building Scotland Fund (BSF) since its launch last year.

The Scotch Whisky industry will couple future global growth with action to ensure the environmental sustainability of the industry, delegates at the Scotch Whisky Association (SWA) conference heard today. The annual gathering in Edinburgh heard speeches from SWA chief executive Karen

More than 34,500 independent high street shops opened for business in the UK last year, up 4.5 per cent on 2017, new research commissioned by Visa has revealed.

Scottish Legal News, the sister publication of Scottish Financial News, has celebrated its 11th anniversary by breaking through the 12,500 subscriber barrier to reach 12,521 readers. Unique users on www.scottishlegal.com now average almost 44,000 each month and Twitter followers have

Three schoolchildren who sued a shop for defamation after being accused of stealing and opening a packet of biscuits have won their case. The children, cousins, claimed a member of staff had loudly accused them of stealing a multipack of Kinder Happy Hippo biscuits from an Iceland in Finglas, Dublin

Scottish fintech lending platform LendingCrowd has brought together the government-backed Scottish Investment Bank (SIB) – the investment arm of Scottish Enterprise – and Dutch entrepreneurial bank NIBC to form a new funding deal to provide funding for small and medium-sized bu