News

Edinburgh-based bailed-out Royal Bank of Scotland has reduced its lending to oil and gas companies across the world and doubled its green energy loans in the UK, according to new data. Provisions made to the UK renewable sector now stand at £1bn a year, data published by The Guardian newspaper show

Scotland has again seen year-on-year rises in levels of ‘significant’ Scottish business distress, the signals that indicate the early signs of financial problems, according to data released today by business rescue and recovery specialist Begbies Traynor. The firm's quarterly ‘Red Flag Alert�

Mark Stewart, Jamie Davidson, Mark Conetta Johnston Carmichael’s expertise in the infrastructure and renewables sectors has been bolstered by the addition of a new team who have joined the firm this month from RSM UK.

Lorraine Macphail The referendum on the UK's future in the European Union is damaging investment in Scotland's fragile property and construction sector, according to Grant Thornton.

The Law Society of Scotland has made a £780,000 payout from its client protection fund to two homebuyers, 13 years after they were victims of a solicitor’s fraud which meant they did not own the Aberdeen flats they lived in, The Herald reports. Sinclair Brebner and his neighbour Colin Torr found

Specialist courses which teach pupils about running their own business should be delivered in all schools across Scotland, the Federation of Small Businesses (FSB) has said. During the Holyrood election campaign, alongside calls to reform public procurement and business rates, FSB has pressed the pa

A pioneering new bond finance deal for Paragon Housing Association has paved the way for greater opportunities for registered social landlords (RSLs) to fund investment in new stock and diversify their business models. HBJ Gateley’s banking and social housing teams and RSM’s corporate finance pr

HSBC has today launched a £450 million lending fund to support small and medium-sized enterprises (SMEs) in Scotland as part of a broader commitment to make banking cheaper and simpler for its customers. The £450 million fund is the largest package of support to be announced by HSBC for SMEs in Sc

The overwhelming majority (94 per cent) of recently retired pensioners are enjoying their retirement years, but more than two in five (41 percent) regret retirement-planning mistakes which have left them struggling financially, accord ing to the results of new research by Prudential. The provider of

Craig Semple The industrial lettings market in Glasgow is performing well with noticeable growth in demand across all size ranges, according to Bilfinger GVA’s latest Industrial Intelligence report.

Willie Park The oil and gas downturn could lead to a spate of companies falling foul of anti-bribery and corruption rules, a senior lawyer has warned.

Alastair Rae Scotland’s hospitality sector was led by strong performances by Edinburgh and Inverness during the traditional slow opening to 2016, according to the latest report by accountants and business advisers, BDO.

New data released by the Nationwide appears to confirm the old cliché of Scots being thrifty with their cash. According to the building society’s figures showing the UK regions with the most cash ISA holders, Scotland has some of the UK’s top savers.

DWF, which has a strong presence in Scotland, is to acquire niche law firm Fox Hartley to strengthen its insurance, litigation and product liability capability, enhance its sector expertise and help secure new domestic and international insurer clients.

UK freelancers and micro-businesses are missing out on millions of pounds worth of tax relief from unclaimed expenses they deem too small or time-consuming to put in their accounts, according to a new study. Provider of cloud accounting software for freelancers, contractors and micro-businesses, Fre