News

Former Clydesdale Bank owner National Australia Bank has appointed the man who oversaw Royal Bank of Scotland’s near decade long post-bailout restructuring as its new chief executive, as the Australian lender looks to put its own troubles behind it. NAB announced this morning that Ross McEwan

Edinburgh-headquartered fintech firm FNZ has acquired JHC Systems, a UK-based provider of platform software to the wealth management industry.

Edinburgh is the top destination for cleantech investment globally after seeing the largest percentage of financial support – highlighting a growing technology specialism within Scotland. Cleantech encompasses products or services that improve operational performance, productivity, or efficien

James Dargie, who served as Scotland’s first Controller of Audit having built the Accounts Commission from scratch in just three months, has died aged 101. Mr Dargie worked for Scottish Gas before becoming chief financial officer of the Glenrothes Development Corporation after holding several

Changes to the way Companies House collects data on directors is severely hampering the ability of investigative and business journalists to hold businesses to account and expose frauds and criminals, the National Union of Journalists (NUJ) has said. Company directors are no long

As TSB rolls out a new online function which allows customers to open a current account using a selfie, new research from the bank has revealed that more than half (57 per cent) of over 55s say they never use mobile banking, despite being smartphone users.

Buccleuch Property continues to strengthen its commercial property portfolio with the purchase of 22 Seafield Road in Edinburgh for £2.1 million reflecting a net initial yield of circa 7.15 per cent. Situated along the well-established motor mile of Seafield Road on the east side of Edinburgh,

The Scottish Land Commission has launched a new survey seeking views of communities across Scotland about community engagement in decisions relating to land. The commission said it is supporting communities, landowners and land managers to work together to make better – and fairer &n

Capital Credit Union has announced a formal partnership with one of Scotland’s leading social care charities to provide access to ethical financial services to its staff. The Edinburgh-based credit union has launched an official link with Carr Gomm, an organisation with over 1,000 staff.

A Christian family who refused to pay income tax for nearly a decade because, they claimed, to do so would be "against God's will", have been ordered to pay more than A$2m (£1.1m $1.4m) to the Aussie taxman.

Business advisory firm Grant Thornton has promoted Debbie Mayor, who leads its transaction advisory service team in Scotland, to director. Based in the firm’s Edinburgh office, Ms Mayor joined the firm in 2002 as an audit trainee after completing an MA(Hons) in Accountancy and Finance at Herio

HM Revenue & Customs has failed in its attempt to introduce VAT payments for the supply of bank notes in a move that would have seen Scottish banks charged for issuing their own.

Aberdeen Standard Investments (ASI) has expanded its Pan European Residential Property Fund (ASPER) SICAV-RAIF with the purchase of a newly constructed residential portfolio in Sweden. This latest acquisition diversifies the Fund’s portfolio to 27 assets in six countries and raising contracted

Edinburgh-based private investment company Cairngorm Capital has bought builders’ merchants Fairalls. This is Cairngorm Capital’s third acquisition in the building merchants sector, following its purchase of Stamco last month and Parker Building Supplies in March 2018.

The number of decrees against Scottish businesses dropped by 28 per cent in the first six months of 2019 (compared to HY1 2018 figures) - totalling 1,140, the lowest of any first half-year on record. According to figures released this week by Registry Trust, the total value of decrees against busine