News

Chartered accountant and business advisory firm Anderson Anderson & Brown (AAB) has been revealed to be the most active dealmaker in Scotland in the first half of 2019.

XPS Pension Group has appointed Ben Gold as head of investment. Mr Gold takes over from Patrick McCoy, who has also received the new role of head of advisory for the pensions and investment businesses.

Marks & Spencer (M&S) is due to drop out of the FTSE 100 index after its value fell below the threshold for inclusion. This is the first time the company will drop out of the index since it was established 35 years ago.

Today, Curve broke through its crowdfunding target and created a new record on Crowdcube by beating its £1,000,000 target in four minutes.

Royal Bank of Scotland has provided a £3.2 million funding package to The Furnishing Service Limited (TFS) to grow the Scottish business’ presence in England and service increase client demands. As well as supplying furniture and white goods to a range of clients, the East Kilbride-based

The dramatic surge in claims for mis-sold PPI before last week’s deadline has led RBS to allocate between £600-£900 million to cover the costs.

The Restaurant Group, Wagamama's parent company, has experienced a £100 million write-down and must put on hold its plans for US expansion of its Wagamama stores. The Restaurant Group has experienced significant losses as part of Britains' casual dining crunch.

Scottish insolvency expert R3 has called for company directors to face identity checks to help reduce business fraud.

Residents of Fort Augustus worry that their town is facing a crime wave because bank closures mean businesses must keep cash on their premises.

A German lawyer who spent 15 years re-enacting episodes of Who Wants to be a Millionaire? was invited to compete in the real show and won the top prize.

Lloyds Banking Group has purchased Tesco Bank's mortgage book for £3.5 billion. The purchase emerges after a ferocious price war which led Tesco to abandon the mortgage market. Lloyds successfully beat competing bids from rivals Santander and Royal Bank of Scotland. 

The Dundee-headquartered investment company Alliance Trust has announced the appointment of Vulcan Value Partners (VVP) as its ninth equity manager. Willis Towers Watson (WTW) was appointed to oversee the investment portfolio two years ago and has overseen eight global equity managers who each have

Anne Whitaker has been appointed to the Financial Reporting Council's (FRC) Conduct Committee and chair of the Audit Quality Review Committee (AQRC). Ms Whitaker was first appointed to the AQRC in 2016 and she replaces David Cannon, who has served as chair of the AQRC and a member of the Conduct Co

HRC Recruitment has hired Margaret Richmond as director and Lynne Macdonald as principal consultant. As experienced recruiters, Margaret Richmond and Lynne Macdonald will allow HRC Recruitment to strengthen its offering across the full accountancy and finance market.

National Savings and Investments (NS&I) has announced that it will slash interest rates on 1.5 million accounts. The bank, which is backed by the Treasury, is cutting interest rates on 1.5m accounts which contain almost £25bn worth of savings. Experts have blamed the move on a no-deal Brex