News

Glasgow-based investment firm Maven Capital Partners has co-led a £3.25 million equity investment in UK Fintech business Mojo Mortgages, which aims to create a better mortgage experience by providing a full market comparison of mortgage providers.

An Aberdeen-based investment specialist has expanded its team with the appointment of an experienced financial adviser following a period of continued growth for the business. Graham Smith has joined Scott James Wealth Management – a representative of St James’s Place Wealth Ma

The UK remained the top destination for fintech investment activity in Europe with over $20.7bn in deals in 2018, though, the UK lost its global crown from H1 with the activity tailing off in the second half of the year, according to the latest KPMG Pulse of Fintech report.

The combination of Brexit uncertainty, lack of investment and stockpiling is putting increasing pressure on cash, but Scottish businesses could unlock access to credit through improving credit scores - counterbalancing this burden, accountancy firm RSM has said. Reviewing and improving credit scores

International commercial law firm Addleshaw Goddard is strengthening its Aberdeen energy team with the appointment of David McEwing as partner. Mr McEwing, who joins the firm from Pinsent Masons, has more than 25 years’ experience in the energy sector, advising oil and gas companies and o

Francis Street Club & Institute Limited, a Wick-based social and sports club founded in the 1920’s, has been placed in liquidation. Francis Street Club started as a British Legion Club and has been a long-established social, entertainment and sporting venue in the Highlands that rose to pr

Development firm M&G Real Estate has drawn up fresh proposals for an Edinburgh development site project being developed with the investment arm of Prudential. The insurer is working with QMile Group on the former goods yard next to Haymarket Station, which it purchased l

The UK property market has peaked, and average prices are falling, according to an Edinburgh property management firm. Apropos by DJ Alexander Ltd, one of the UK’s largest family-run property management businesses which is run jointly by brothers David and John Alexander, has an

An additional £20 million is to be invested by the Scottish Government in extra support to help GPs with the cost of running their practices, making a total investment of £50 million over the next two years.

Complying with anti-money laundering (AML) regulations is high on the agenda for the accountancy and legal professions, but the majority are worried about becoming a target for criminals looking to exploit their professional skills and services to enable money laundering, new research has revealed.

Lloyds Bank has been accused of "institutional racism" for refusing to accept a customer’s cheque written in Cornish. Between 300 and 400 people are fluent speakers of Cornish, according to Cornwall Council, while about 5,000 people are thought to have limited conversational ability.

Clydesdale Bank has completed a joint venture tie-up with Salary Finance Limited, a fintech platform that connects to the payroll of participating employers to provide financial wellbeing benefits to employees, including salary-deducted savings and loans, as well as financial education. Clydesd

Scotland’s largest independent accountancy and business advisory firm, Johnston Carmichael, has strengthened its corporate finance team with a senior strategic hire following over £320m of deals in 2018. Campbell Cummings, a qualified chartered accountant, who specialises in M&A

The new housing project in Dundee is in doubt after developer McGill Homes followed its parent company into administration. The housing division of McGill & Co Limited, was placed into administration last week, days after administrators were appointed to the main company, mak

The UK inflation rate fell to its lowest rate in two years in January to 1.8 per cent, latest official data from the Office for National Statistics published today shows. This is down from 2.1 per cent the previous month.