The UK Government has sold off another tranche of shares in bailed-out Lloyds Banking Group, taking the taxpayers’ stake in the Edinburgh-based lender below 16 per cent. The latest sale was of a one per cent stake for around £500 million, The Treasury said.
Search: financial focus
SSE worth £1.47bn to Scottish economy, says PwC report Perth-based energy giant SSE contributes around £1.47 billion to the Scottish economy anually, according to new research carried out by global accountancy firm PwC.
Anne Richards Industry leaders have backed a new Scotland-wide search for the future talent who will drive growth in the nation’s key sectors, launched by University of Edinburgh Business School today.
George Osborne The Chancellor of the Exchequer George Osborne has confirmed that the UK Government is to begin selling-off its 80 per cent stake in bailed-out Royal Bank of Scotland, regardless of any losses incurred by British taxpayers.
Richard Cockburn Commercial lawyers Bond Dickinson have announced seven per cent growth for the business, buoyed by continuing activity for its Aberdeen office.
Ann Aspinall Deloitte has announced the appointment of Ann Aspinall and David Sweeney to its Scottish partnership.
Warren Mead The UK challenger banking sector is outperforming the ‘Big Five’ UK high street banks, according to a new KPMG report.
Lloyds Banking Group is expanding its use of artificial intelligence across fraud prevention, combining agentic AI with real-time scam detection to protect its 28 million customers. The Bank of Scotland-owner's AI fraud agent was developed by fraud, technology, data and risk specialists using Envoy,
Pallas Capital has completed an expedited £8.4 million bridge against a Grade A commercial office and integrated car park in Aberdeen, securing completion within a one-month window. The 60,000 sq ft office, a modern refurbishment of an historic granite warehouse, was refinanced via a 12-month
Wbg expects a 30% rise in fee income from its tax offering, driven by geographical expansion and the launch of a specialist VAT advisory service. The firm's tax service line has grown consistently by 10 to 15% per annum in recent years, prompting an expansion of its team from one partner to three. H
Edinburgh-based artificial intelligence fintech Aveni has strengthened its senior leadership team with the appointment of Kent Mackenzie as chief commercial officer. With a career spanning over 20 years across tier-one banking institutions, consultancy and AI regtech, Mr Mackenzie brings deep expert
The head of JPMorgan's private bank in Scotland has underlined the firm to expand its Scottish arm despite global economic uncertainty.
A new specialist finance platform has launched with the aim of transforming how small and medium-sized businesses in the construction and manufacturing sectors access funding. SME Funded has been designed as a one-stop solution, connecting business owners with more than 130 lenders alongside its own
US President Donald Trump has announced the removal of tariffs on Scotch whisky imports, in a move that distillers have described as a significant boost for an industry that had been losing millions of pounds a week in the world's most lucrative export market. The decision, unveiled on Truth Social
Johnston Carmichael has strengthened its audit offering in Aberdeen with the appointment of Teresa Gilligan as audit director. Ms Gilligan joins the leading UK accountancy and business advisory firm with more than 17 years’ experience in audit and assurance, gained across Big Four and other pr
