News

Shares in Royal Bank of Scotland have dropped dramatically after new Bank of England ‘stress tests’ revealed that even eight years on from the financial crisis the still 73 per cent taxpayer-owned bank is still short of the money it needs to survive another crash.

Edinburgh-based Hampden & Co, the UK’s newest private bank, has won a significant contract to look after the banking requirements for over 1,200 high net worth clients in relation to their Lloyd’s insurance underwriting.

David Mundell Today sees a milestone in the transfer of £12 billion worth of income tax powers from Westminster to Holyrood under the Scotland Act 2016. The UK government will make the formal Parliamentary orders which confirm that landmark new income tax powers will transfer to the Scottish Parlia

Gordon Duncan By Gordon Duncan, partner and head of corporate at Lockton Companies LLP

The latest Disposable Income Index (DII) published today by savings and ISA provider Scottish Friendly has revealed that over half (55 per cent) of households are worried about an increase in the cost of food and more than four in ten (45 per cent) are anxious about petrol prices.

A new document has been launched which aims to keep track of the billions of pounds of investment planned for the North-east of Scotland.

Robert Perrie Our current series of Just A Minute profiles continues with Robert Perrie, Commerical Finance Broker at Glasgow-based ABL Business.

All of Scotland’s producers of new polymer bank notes have confirmed that their cash is free of any animal products.

There has been no slowing in the job losses in the oil and gas industry this year, and more are still expected, but the crisis could be reaching a turning point, according to a new industry report released today.

Al Rayan Bank has opened an office in Glasgow, establishing its presence as the only wholly Sharia compliant retail bank in Scotland.

Ron Hepburn The Business Growth Fund has successfully exited its investment in windows and doors manufacturer Stevenswood after a deal was completed for it to acquire Polyframe Trade Centres Limited continuing its ambition to build a UK-wide trade counter business.

More than one million of Britain’s high-net-worth individuals (HNWIs) have been denied a loan or any form of credit over the past five years, according to new research commissioned by London-based bridging lender Market Financial Solutions (MFS).

James Chadwick Global accountancy firm Grant Thornton has called on the Scottish and UK Governments to develop a range of post-Brexit support measures tailored specifically to Scotland’s food and drink industry.

Jamie Grant - Head of Corporate Banking for Barclays Scotland & Northern Ireland. UK manufacturers could inject an additional £2.56 billion into the UK economy, cut energy consumption by nearly a third (31.6 per cent) and boost their energy resilience by increasing investment in energy technolo