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The Financial Conduct Authority (FCA) is proposing changes to its decision-making process which will enable it to make faster and more effective decisions. The proposed changes will help the FCA improve how it tackles firms and individuals who do not meet the required standards.

Throughout the last six months, the investment team for BGF Scotland has invested close to £33 million across 10 Scottish growth businesses. Growth capital investor BGF provides funding of between £1m to £15m for a minority equity stake. It backs ambitious teams across a range of s

Scottish shop vacancies have risen by a quarter since the second quarter of 2020, according to the latest Scottish Retail Consortium (SRC)-Local Data Company (LDC) Vacancy Monitor. In the second quarter of 2021, the Scottish vacancy rate increased to 16.1%, from 15.3% in Q1. It was 3.2 percenta

Aberdeen-based drilling, engineering and technology contractors KCA Deutag has announced the creation of a new business unit that will expand its offering in both the hydrocarbons and energy transition markets. The new business unit, Kenera, will consolidate and leverage the skills, competencies and

Dundee fintech Embark Group Limited (EGL) has been sold to Bank of Scotland owner Lloyds Banking Group for a consideration of £390 million.

Asset & wealth management firm AssetCo has announced the completion of its acquisition of Edinburgh-based Saracen Fund Managers Limited. In May, the firm announced the conditional acquisition of the company for an effective total consideration of £2.75 million.

The Financial Reporting Council (FRC) has today published its third Annual Enforcement Review revealing that its Enforcement Division has grown by 44% in the last year.  The increase in the size of the division has helped the watchdog to enable the swifter resolution of cases, while the number

SkillSeeder, the go-to marketplace app for in-person and online training, has seen a surge in interest from female skill sharers and skill seekers. The app is a one-stop-shop for skill seekers to find courses, workshops or 1:1 training. It also allows more people to earn an income from sharing their

Glasgow-based Xcel Financial Services Limited (XFS Limited), a provider of sales ledger management, credit control and debt recovery, has appointed Margo Kidd as a director. Ms Kidd joined XFS Limited in 2020 as chief operations officer and has 32 years of experience in the collections industry

Royal Bank of Scotland owner NatWest Group has posted operating profits before tax of £2.505 million. In the first half of 2020, the bank reported an operating loss before tax of £770m.

Robertson Group said it has returned to "normal trading expectations” after revealing a £6.7m operating loss last year due to the coronavirus pandemic. The family-owned contractor extended its financial year to 15 months to the end of June 2020 to absorb the three-month closure

An Anglo-Saxon coin discovered by a metal detectorist is expected to fetch up to £200,000 at auction. The Gold Penny, or Mancus of 30 Pence, dates back to the time of Ecgberht, King of the West Saxons between 802 and 839.

Cineworld has secured £143.3 million in new loans to secure its finances as the firm prepared for an “unprecedented slate of films” in the second half of this year.

Anderson Strathern has made a duo of senior appointments, with the Scottish legal firm making a partner promotion and a hire to its highly-rated residential property team. Jemma Richardson, deputy head of the firm’s residential property department, is appointed a partner, while Edwina de Klee

Scottish consumer confidence has returned to pre-pandemic levels in Q2 2021, rising by seven percentage points from the previous quarter, according to the latest Deloitte Consumer Tracker. Confidence is at its highest level since Q3 2019 and increased by a record eight percentage points year-on-year