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Despite significantly increasing investment in compliance and being continuously under the scrutiny of regulators, economic crime in financial services has increased, demanding new thinking to make investment in compliance deliver more value and tackle economic crime, according to PwC.

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Edinburgh-based Lloyds Banking Group has today announced that it is to cut a further 3,000 jobs and close 200 more branches by the end of next year, citing the sustained downward pressure on interest rates as a result of the UK’s decision to leave the EU.

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Property entrepreneur Elliot Robertson has bought the mansion of a bankrupt Scots tycoon in a cut-price deal for just in excess of £2.5 million. The grand property, called Kirkton Park, in Auchterarder, Perthshire, cost about £10m to build, making it the country’s most expensive modern home, acc

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