News

Strathclyde University's Technology and Innovation Centre Glasgow City Council has approved a £30 million Tax Incremental Finance (TIF) scheme to support the development of a new ‘Innovation District’ in the city centre.

Vince Smith-Hughes Retiring with debts outstanding is a problem that has started to grow again, according to new research by Prudential.

Alison Rose Royal Bank of Scotland has announced the launch of a new digital platform where small and medium sized businesses will be able to obtain unsecured loans of up to £150,000 within hours.

High street banking giant Santander has confirmed that it will remove a clause in its buy-to-let mortgages which housing campaigners claimed previously forced landlords to get "the maximum increase in the rent". Following a petition signed by almost 1,000 renters, activists from Living Rent in Scotl

Scotcash has won a £300,000 grant from Virgin Money Foundation's Ripple Fund in order to expand into Edinburgh. Social enterprise Scotcash, which opened in Glasgow in 2007, offers a range of services to individuals in financial difficulty, including affordable loans, money advice and white goods pa

A major BBC investigation has uncovered allegations of systematic fraud in RBS's Global Restructuring Group (GRG) division in the years following the financial crisis. Former employee Mark Wright told the BBC that falsifying files was "common practice" and that he was aware of telephone transcripts

Scotland's trade deficit grew in the third quarter of 2016 to £3.001 billion, according to new government figures - and economists warn it is set to grow further. Exports growth of £1.09 billion in the first nine months of 2016 was outstripped by a £1.2 billion increase into the value of imports.

Peter Dylewski New measures to crackdown on abuse of a VAT simplification scheme may be ineffective and have unwelcome consequences for tax-compliant small businesses, the Chartered Institute of Taxation (CIOT) has warned.

Stuart Lucas, Co-CEO of Asset Match UK shareholders are frustrated by a lack of communication and transparency from the businesses they have invested in, according to research by peer-to-peer trading platform Asset Match.

The typical UK household spends a staggering £1.9m over the course of a lifetime, according to a new report financial planning and investment management group Tilney. Tilney's report, The Cost of Tomorrow, analyses Office of National Statistics (ONS) data and finds that the average adult will hit t

Nearly two-thirds of staff at accountancy firm EY's Inverness office face redundancy, The Press and Journal reports.

The Financial Reporting Council (FRC) has announced plans for a fundamental review of the UK Corporate Governance Code. The review will take account of work done by the FRC on corporate culture and succession planning, and the issues raised in the Government’s Green Paper on Corporate Governance R

Britain's largest mortgage lender, Lloyds Banking Group, is reportedly on course to turn its Berlin branch which operates under its Bank of Scotland brand into an EU subsidiary in an attempt to safeguard its access to European business after Brexit.

January saw Scottish retail sales decline by 3.2 per cent on a like-for-like basis compared to January 2016, when they had decreased by 4.0 per cent per cent, according to latest data from the Scottish Retail Consortium.