News

Phil Loney Phil Loney, chief executive of Royal London, the mutual which employs 1,100 in Scotland, has spoken out in support of calls for pensions tax relief to be limited for higher earners.

Michael Matheson A company selling so-called ‘phantom firms’ to help Eastern Europeans avoid taxes is registering its ‘shell companies’ at an Edinburgh building owned by tax-payer funded Scottish Enterprise, it has emerged.

Royal Bank of Scotland is set to take a further step as part of it strategy retreat from the global stage after calling in advisers to pilot the sale of a £3bn shipping finance operation. According to reports from Sky News, the still 73 percent state-owned, bailed-out lender is working with bankers

Last year saw an 8.8 per cent rise in the number of new Scottish company registrations, bringing the total number of businesses in the country to a record high. According to figures from Inform Direct, 34,711 new companies registered in Scotland last year, and the up 8.8 per cent year-on-year rise c

Mary Somerville The Royal Bank of Scotland has announced that Scots scientist Mary Somerville will appear on its new polymer £10 notes following the result of an online public vote that was yesterday shrouded in controversy.

The Bank of England has been urged by a group of American academics to scrap the £50 note in order to fight financial crime and terrorism.

Michael Matheson The Scottish government is to challenge a legal loophole critics have said makes Scotland a target for money launderers and tax evaders, The Herald reports.

Bob Cherry The Ayrshire property market is continuing to prosper, according to latest figures released by estate agents CKD Galbraith.

Supermarket giant Asda has teamed up with Social Investment Scotland (SIS) to launch the UK’s first Social Enterprise Supplier Development Academy, with the aim of increasing the availability of social enterprise products for ethically-minded consumers on retailer’s shelves. Funded through the p

Alan Gordon Alan Gordon is the Principal Commercial Partner for DM Hall Chartered Surveyors.

Debt Arrangement Schemes (DAS) are helping hundreds of Scots to escape a cycle of debt and to become debt free, official figures from the Accountant in Bankruptcy (AiB) have confirmed. The AiB recently reported that there were as many as 1,233 people across Scotland who became debt free in 2015 havi

Theresa May The UK Government has announced that it is to set up a new taskforce consisting of police, banks and government officials to combat fraud across the UK.

Thomas Telford Royal Bank of Scotland’s bid to find the face of its new £10 note has been halted amid suggestions of foul play in the public voting process.

The number of debt judgments registered against consumers in the Scottish courts increased for the first time in more than 4 years during 2015, according to figures released today by Registry Trust. Registry Trust is the non-profit organisation which collects judgment information from jurisdictions

Newly independent Clydesdale Bank has received a boost after a leading international agency said it is no longer considering cutting the lender’s credit rating. Credit rating agency Standard and Poor’s has taken Glasgow-based Clydesdale and its sister Yorkshire Bank off negative credit watch fol