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The Financial Conduct Authority (FCA) has launched a new 5-year strategy to deepen trust, rebalance risk, support growth and improve lives.  The FCA will focus on four priorities: 

Ahead of next week's Spring Statement, Joe Nellis explores the Chancellor's dwindling fiscal headroom and potential policy responses, including changes to borrowing rules, tax rises, and spending cuts, in light of a deteriorating economic outlook. The Chancellor has had her fiscal headroom of an est

Sutherland-based distillers, bottlers and blenders The Thompson Brothers has launched a £1.8 million crowdfunding campaign to help fund the construction of a cutting-edge sustainable distillery located in Dornoch.

Scottish charities are being cautioned about the potential pitfalls of expanding revenue-raising activities, with a senior lawyer warning of unintended tax implications and regulatory breaches. Amid rising costs, including National Insurance contributions, tightening public sector funding and a down

Scotland's economy outperformed the UK in 2024, however, a sharp slowdown in consumer-facing sectors during the fourth quarter signals growing household caution amidst economic uncertainty, according to EY. The latest EY ITEM Club Scotland forecast projects a GVA growth of 0.9%. While GDP data

Andrew Hannay, a highly respected independent financial advisor in Edinburgh, has retired after more than three decades of service.

Former Bank of England Governor, Lord Mervyn King, has stated that an increase in income tax is likely necessary to fund heightened defence spending and facilitate public service reform. Speaking on Sky News, Lord King criticised the UK government's lack of ambition. He said: "When you’re faci

Scottish salmon exports have reached an unprecedented £844 million, a remarkable 45% increase in just one year, remaining as the UK's top food export.

Occupancy and room rates of Scotland’s hotels has grown year-on-year, but profits dipped slightly as cost pressures started to bite, according to the RSM Hotels Tracker. The data, which is compiled and produced by Hotstats and analysed by RSM UK, shows occupancy of Scottish hotels increased ye

Chancellor of the Exchequer Rachel Reeves spoke at Siemens Healthineers in Oxfordshire on 29 January 2025. Rachel Reeves stressed why economic growth matters, how to achieve it, and "what we are going to do further and faster to deliver it."

A Mercedes W196 R Stromlinienwagen, driven by Formula One legends Stirling Moss and Juan Manuel Fangio, is expected to become the most expensive Grand Prix car ever sold when it goes under the hammer in Stuttgart on Saturday. The "Streamline car," one of only four complete examples in existence, is

Matthew Aitchison discusses the implications of the proposed changes to Scotland's rent controls for the PRS market. Few policy changes in the property sector have received more attention than the rent controls and eviction ban originally introduced as a temporary measure in late 2021. There has bee

Almost half of people in Scotland do not believe higher levels of personal taxation provide value for money for public services, according to a new poll by Survation for True North Advisors. Only 32% of people surveyed believed having higher income tax rates than the rest of the UK had delivered bet

UK inflation unexpectedly dropped to 2.5% in December, down from 2.6% in November, boosting prospects for an interest rate cut by the Bank of England next month. The decline, driven by lower hotel and tobacco prices, surprised City economists who had anticipated unchanged inflation figures.

Glasgow paraplanner Steven McBurnie has been appointed as chair of the Chartered Institute for Securities & Investment (CISI) Paraplanner Interest Group (PPIG). Mr McBurnie, a paraplanner at Wright, Johnston & Mackenzie, has served on the CISI PPIG committee for five years.