News

Edinburgh-based Tesco Bank is “actively exploring” options to sell its £3.7bn mortgage portfolio after announcing that it is pulling out of the intensely competitive British homebuyers market. Tesco Bank said today that it has decided to cease making new home loans, with chief exec

The Financial Conduct Authority (FCA) and Action Fraud are warning the public to be wary of investment scams carried out via bogus online trading platforms after releasing data which shows victims lost over £27 million in 2018/19 to the cons. The City regulator's warning comes as sca

A well-known retail park in East Kilbride has changed hands for £12.25 million, representing a net initial yield of 10.49 per cent.

Around 50 per cent of traffic has shifted from Aberdeen city onto the new Aberdeen Western Peripheral Route since it fully opened in February – easing congestion and improving air quality in the north east and paving the way for an extra £6 billion in economic benefits and the creation o

Barclays Business Banking reveals it has seen the number and value of loans to the UK dentistry industry almost double in the last two years, as dentists race to expand premises and invest in new technology to keep up with consumer demand.

An Edinburgh-based direct marketing agency is moving into bigger premises with support from the Royal Bank of Scotland following a period of substantial growth. The Dragonfly Agency has moved into a townhouse on the capital's Stafford Street as it looks to expand its team and client base.

Standard Life Aberdeen (SLA) is empowering more than 7500 pupils at 20 Edinburgh secondary schools to make a difference in their communities through the Youth and Philanthropy Initiative (YPI).

A billionaire American technology investor left a graduating class of students in Atlanta, Georgia, in sock on Sunday after announcing in his speech to them that he will pay off all of their student loans. Robert F Smith, one of America's most prominent black philanthropists, was giving an address a

Lloyds Banking Group has unveiled plans to create a new tech hub in Edinburgh in a move it says will help transform the digital experience for Bank of Scotland, Lloyds Bank, Halifax and Scottish Widows customers. As part of a £3bn investment programme, the hub will boost Scotland’s tech

Independent accountancy and business advisory firm Johnston Carmichael has further strengthened its Aberdeen office with a second senior strategic hire in three months. Erin Davis has joined the Corporate Tax team as a director, where she will bring 18 years’ experience to her n

Glasgow-based private equity house Maven says it intends to begin developing rental housing and retirement villages. Having launched its property arm in 2011 with a focus on building hotels, student accommodation and commercial property, speaking to The Times newspaper Maven managing partner Bi

BE Group Debt Finance Scotland has backed Innovair with a business loan to allow the Aberdeen firm, which provides hi-tech surveying and inspection services across multiple sectors such as construction, rail and energy, to invest in innovative solutions and bring more resource into the business

There has been a 125 per cent increase in the use of post-nuptial agreements in the past year at one Scottish law firm. Alison McKee, partner and head of family law at Lindsays, told The Scotsman that the firm has seen a large increse in requests for post-nuptial agreements in the past yea

Finance leaders from across the globe are meeting in Edinburgh today to develop environmentally sustainable financial solutions. Scotland has been chosen as the host country in recognition of its growing reputation as a leader in the ethical finance debate.

FinTech startup Wagestream, which lets employees access their wages early, has closed a £15 million series A funding round, co-led by venture capital investors Balderton Capital and Northzone. In addition, the venture snagged a credit facility of up to £25 from Shawbrook Bank.