News

An accounts manager has caused  Glasgow-based Campbell McWilliams to fold after stealing more than £250,000 from the company.

NatWest Group has posted its annual results delivering what chief executive Alison Rose has called a "resilient performance" despite the bank's impairment charge of £3.2 billion. For the year ended 31 December 2020, NatWest Group's operating profit before tax and the impairment charge was &pou

Glasgow-based chartered accountants Wylie & Bisset has predicted that Chancellor Rishi Sunak will deliver one of the most diverse Budgets in recent times on Wednesday 3rd March 2021. That’s because the Chancellor faces a real contrast of options when it comes to supporting the wider econom

Almost 450 executives at Barclays each received annual pay packets of more than £1 million, despite a 30% drop in the bank's profits. While Barclays chief executive Jes Staley received a 32% pay cut to £4.01m, the bank’s annual report released yesterday has revealed that total bonu

Harry Nimmo, investment leader, smaller companies at Aberdeen Standard Investments (ASI), discusses why active investing outperforms passive. There are 172 actively managed funds with a track record over a 10 year period with combined assets under management (AUM) of around £156 billion. 73 (4

The cost of home and motor insurance may fall in 2021 according to predictions by PwC UK. Changing regulation, plus the ongoing pandemic, could have an impact on the cost of general insurance, causing significant downward pressure on premium rates across both personal and commercial lines.For person

Musselburgh-based printing company Ivanhoe Caledonian recently received a £100,000 COVID Working Capital Loan from Business Loans Scotland to help with the negative impact of the on-going COVID pandemic.

Economy secretary Fiona Hyslop is calling on the UK Government to provide further support to companies struggling to trade with the EU post-Brexit. Urgent financial assistance is needed to help small businesses hire customs agents to deal with the additional bureaucracy involved with importing from

Perth-based insurance giant Aviva has launched a new cash savings platform as UK savings soar during the coronavirus pandemic. The Bank of England’s (BoE) Monetary Policy Report in February 2021 showed that “households have accumulated an excess stock of savings of £125 b

UK Government borrowing hit £8.8 billion in January making it the highest January figure since record began in 1993, according to new figures from the Office for National Statistics (ONS).

Search giant Google has been fined €1.1 million by French authorities for displaying "misleading" star ratings for hotels and other tourist accommodations.

UK retail sales volumes fell a substantial 8.2% month-on-month in January, according to new figures released by the Office for National Statistics (ONS).

A hotel visitors' book signed by The Beatles has been sold at auction for £6,700.

Royal Bank of Scotland owner NatWest Group is in talks to sell Adam & Co, one of its private banking subsidiaries. It has been reported that NatWest is working with Evercore, the investment bank, to help divest the majority of Adam & Co's operations.

Barclays has reported a 30% drop in pre-tax profits to £3.1 billion for 2020, down from £4.3bn in 2019. The bank allocated £4.8bn to cover loans set to go bad amid the economic upheaval of COVID-19. This is slightly lower than the £5bn that financial analysts had expected Bar