News

Peter Alderson Small businesses in Scotland are being failed by antiquated financial process as nearly half of Glasgow SMEs are forced to raid their savings (47 per cent) or borrow money from family and friends (20 per cent) to start or grow their business, according to independent lender LDF.

Andrew Bell Launching a new business venture can produce a multitude of feelings: excitement, fear of the unknown, nerves and anticipation. But the one emotion that undoubtedly binds everyone going solo with their own company is one of being overwhelmed.

Professional job availability in Scotland’s temporary sector increased by 38 per cent year on year to June 2016 according to research from the Association of Professional Staffing Companies (APSCo).

The chief executive of Glasgow-based Clydesdale Bank has said today that the recently floated business is making good progress and is well positioned to deal with the period of uncertainty brought on by the EU referendum result.

Edinburgh is the most expensive city for students to study in, according the Royal Bank of Scotland’s Student Living Index.

Alan McIntosh Alan McIntosh of Govan Law Centre writes about the different ways PPI claims and protected trust deeds are dealt with in court.

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.

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.

A drop in private and public housebuilding has contributed to a slowdown in Scottish the construction sector as a whole, according to new research published today.

Geoffrey Thomson Geoffrey Thomson, co-founder of Perth-based investment group Braveheart, has sold his remaining stake in the firm.

A Dundee company that collapsed last year under the weight of a £400,000 debt may have been mis-sold an interest rate hedging product by Royal Bank of Scotland.

Sir Alan Reid, Keeper of the Privy Purse and the man in charge of the Queen's finances, is to retire at the end of next year, Buckingham Palace has announced.

A husband and wife from Dundee have been banned from acting as company directors for 11 and two years, respectively, following a 17 year long fraud that resulted in £1 million in lost revenue for Her Majesty’s Revenue and Customs.

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

Edinburgh-based challenger bank Virgin Money has reported a sharp rise in profits for the first half of the year.