News

Borrowing money from loved ones dropped by almost a third (30%) in the last year, then a further 44% during lockdown, according to the latest data from Bank of Scotland. 

Trowels will be left in 90 lay-bys in parts of the Highlands for people who desperately need the toilet to dig a hole and deposit their waste.

NatWest Group has announced that it will be cutting 550 jobs in branches across the UK and closing one of its remaining offices in London. The bank, formerly known as RBS, said the cuts would be made through voluntary redundancies and said that there would be no branch closures.

The USA has maintained its 25% duty on single malt whisky as the US trade representative announced the US would not proceed with proposals to impose tariffs on British goods such as gin, beer and vodka.

Six businesses from across Scotland have scooped seven shortlist nominations for this year’s Lloyds Bank National Business Awards after an expert panel deemed them to be among the best in Britain.

Edinburgh-based software firm Craneware has abandoned plans to raise over £80 million for the acquisition of a firm in the USA after takeover terms were agreed with a third party. The U-turn comes less than 24 hours after the firm announced its fundraising plans.

Glasgow-based specialist social media agency Hydrogen is set to celebrate its fourth anniversary with the news that it has broken the £1 million landmark in the past financial year. The agency, which was formed in August 2016, also achieved over 25% growth in the business year-on-year, followi

The Scottish housing market saw a rebound in interest and activity during July but surveyors remain cautious about the months ahead due to the uncertain economic outlook. 

The Information Commissioner's Office (ICO) has launched an investigation into Barclays after allegations that the bank used computer monitoring software to spy on employees. 

The Scottish Government has announced that it will be investing £60 million in a Youth Guarantee to give all young people access to work, training or education. An implementation plan for Scotland’s Youth Guarantee is currently being developed. Funding will come from the additional &poun

TSB has today launched a new environmental initiative – the ‘Plant a tree’ pledge - which will see a tree planted for every home move where a TSB mortgage is provided.

The former chairman of China Huarong Asset Management, stored his money at several properties, including 270 million yuan (£29 million) in a room full of safes and vaults which he called the “supermarket” because he frequented it as often as he would visit a market. The court head

As the construction sector continues to adapt and ‘re-open’ from the lockdown measures imposed following the spread of COVID-19, property developers are beginning to navigate through the challenges that will be presented in the coming months. We are beginning to see signs of ea

The UK economy has officially entered a recession as it suffered its biggest decline on record between April and June, according to the latest statistics from the Office for National Statistics (ONS).

The UK economy will not recover from the current recession until 2024, according to EY's economic forecaster, the EY ITEM Club.  The EY ITEM Club has said it is "unlikely" the economy will regain its fourth quarter 2019 size until 2024.