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Second Quarter house purchase lending in Scotland saw a 39 per cent quarter-on-quarter rise as increases were recorded in both the number of loans made and the amount borrowed. According to the latest data from the Council of Mortgage Lenders, while the year-on-year comparison for Q2 was less substa

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Social Investment Scotland, which invests funds put up by banks and the Scottish and UK governments, has revealed that it provided a record £7.5 million to 45 social enterprises, charities and community organisations over the last year. SIS chairman Nick Kuenssberg, whose daughter Laura was named l

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The soaring cost of energy prices is fuelling a rise in the number of Scottish homeowners who are installing solar panels, according to new research carried out on behalf of loan, mortgage and credit card provider Ocean Finance. Over half of those questioned said they had recently installed solar pa

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International Financial Data Services (“IFDS”), a global provider of outsourced administration and technology solutions to the investment, retirement, insurance and wealth management markets, has announced plans to recruit more than 100 new staff in Scotland. The new jobs will support the growin

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Insiders at Glasgow-based Clydesdale Bank have been forced to deny reports that its planned £2.5 billion sell-off by parent company National Australia Bank has been met with a cool response from institutional investors. The voices coming from the Clydesdale, which has become a toxic debt-ridden and

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Scottish Enterprise has revealed that its investment arm, the Scottish Investment Bank (SIB), invested £66.5 million into 155 Scottish companies during 2014/15, leveraging a record private sector investment of £99 million. SIBs investment has more than doubled the amount invested during the previo

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Jeremy Corbyn The frontrunner in the Labour leadership election has stated that he could force public assets such as Royal Bank of Scotland that have been sold-off by the current UK Conservative government to be renationalised with "no compensation", should he become prime minister.

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Three men have become the first in Scotland to be convicted for running a sophisticated international money laundering scheme known as "cuckoo smurfing". Muhammed Hameed, 32, Shahid Aslam, 36, and Saleem Shikari, 52, each pleaded guilty at the High Court in Glasgow to a charge under the Proceeds of

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Accountancy heavyweight Deloitte has posted a seven per cent rise in profits that has seen partner earnings rise from £750,000 to £822,000. Revenue at the firm grew 6.4 per cent from £2.55 billion to £2.71bn in the 12 months to the end of May this year.

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