News

A spotlight has been shone on banks and building societies that are offering rates in taxable accounts that pay about a fifth more interest than those on similar tax-free deals.

The average price paid for motor insurance in the second quarter of the year rose slightly on the previous quarter, albeit that the cost of cover fell by £10 on the same quarter last year, according to the Association of British Insurers’ latest Motor Insurance Premium Tracker out today.

The number of over 50s working for themselves made up 46 per cent of the UKs entire self-employed workforce in the first three months of 2019, according to new research.

The number of homes sold more than once within a 12-month period (i.e. flipped) has fallen dramatically since its peak in 2004. Last year 18,630 homes were flipped in England & Wales, 69 per cent less than the 60,340 homes flipped in 2004. However, between 2017 and 2018 the number of flipped hom

Business funding contest Scottish Edge has launched its latest round by sending a custom-designed trophy to the edge of space.

Long-established Aberdeen accountancy firm Williamson and Dunn is to join Campbell Dallas on 2 August 2019, making the firm one of the largest full-service accountancy firms in Scotland outside of the ‘Big 4’. Based on the Granite City's West Craibstone Street, Williamson and D

Nucleus Financial Group, the Edinburgh-based adviser built wrap platform, has posted results showing that assets under administration (AUA) broke through the £15 billion barrier in the second quarter. Despite an "unsettled" climate, AUA at the fintech continued to rise in the three months to 3

Venerable Dundee-based waelth management firm Alliance Trust has today posted results showing an “encouraging performance” as it nears completion of its structural and strategic overhaul against a backdrop of significant volatility in the equity market. The results show that for the

Scottish accountancy firm William Duncan + Co has announced the appointment of licensed insolvency practitioner Steven Wright as a new senior manager within the firm's growing business recovery division. Mr Wright, who was previously with Armstrong Watson, has a long track r

Britain's biggest building society is to double its arranged overdraft rate for some customers in response to a clampdown from regulators that was actually intended to stamp out rip-off fees. Nationwide said it has interpreted the Financial Conduct Authority's clamp down on complex overdraft ch

Andrew Reynolds, Wealth Manager at French Duncan, makes the case for alternatives to cash holdings  

Wealth management firm Brewin Dolphin, which employs more than 200 at its Scottish offices, has reported an increase of funds under management in its third quarter results. Despite troubled economic and market conditions, the firm, headed by Glasgow-born chief executive David Nicol, reported th

TSB has recovered from its series of IT fiascos to today report a first half profit of £21.1m against a £107.4 million loss in the corresponding period a year earlier. Total customer deposits increased by £0.7 billion (2.6 per cent) to £29.8bn in H1 2019 and reflected a

Thomson Cooper Accountants have revealed their role in securing a £1.6 million grant for leading music and dementia charity, Playlist for Life. The award from the National Lottery Community Fund will be used to raise awareness of the benefits of playlists, and part fund the expansion of t

The retail sector of the UK's commercial property market continues to decline in the face of increased online spending, while solid demand is still reported across the industrial sector, according to the latest RICS UK Commercial Property Market Survey.