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Glasgow Credit Union has pledged to make £10 million available to help first time buyers onto the property ladder this year from as little as £1000 deposit. The UK’s largest and most successful credit union has launched its promise to make mortgage borrowing more accessible and affordable, by re

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The next two years could see Britain’s biggest banks hit with up to another £19 billion of charges relating to past misconduct, according to Standard & Poor’s (S&P). In a new report, the ratings agency said Britain’s banks and customer-owned lenders had incurred £48 billion in miscon

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House prices in Scotland rose 13.3 per cent in the fourth quarter of 2014-15 compared to the same period in the previous year, according to official statistics published today by Registers of Scotland (RoS). The average house price in Scotland from January to March was £173,830, the highest figure

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After weeks of claim and counter-claim, in what had become an increasingly hostile stand-off, the board of Alliance Trust has today sensationally announced an agreement with activist shareholder Elliott Advisors. Peace broke out on the eve of what was billed as tomorrow’s crunch AGM showdown after

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Tullis Russell the 70 per cent employee-owned Fife papermill which has a history stretching back more than 200 years has gone in into administration with the immediate loss of 325 jobs. Bosses speaking from the company’s Markinch base confirmed today that accountancy firm KPMG has been appointed a

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The price of oil is holding steady at a four and a half month high driven up by concerns over disruption to supplies from the Middle East. Brent crude oil is at $65.37 per barrel and has gained around $9 since March.

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State-backed Royal Bank of Scotland has agreed to sell another tranche of North American loans to Mizuho Bank. RBS is selling $5.6bn (£3.7bn) of corporate loan commitments to the Japanese lender for about £330m.

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The treasurer of the Rangers Supporters Association Boys Club is facing jail after she used the club’s books to launder £55,000 from the company she worked for. Margaret Stewart, 47, who worked in the accounts department of Ivanhoe Cambridge UK, owners of Glasgow's St Enoch Centre, siphoned the c

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Almost 90 per cent of adults in Scotland have heard of the Living Wage, making it the most Living Wage conscious region in the UK, according to new research commissioned by accountants KPMG. The survey, which looked at social mobility, polled 4,500 adults and 500 16-17 years olds across the UK. At a

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