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Sir Gerry Grimstone, chairman of Edinburgh-based insurance giant Standard Life, has spoken out on the prospect of a British exist from the European Union. Speaking yesterday at City Week, a conference on how to maintain Britain's competitiveness as a financial centre, Sir Gerry (pictured) left littl

Financial disputes do not always arise from complex lending structures or security arrangements. Sometimes they emerge from something far more fundamental: whether a contractual obligation to pay has actually become due. An issue which recurs in banking and finance transactions concerns the relation

The Cumberland Building Society is pressing ahead with one of the largest investments ever made by a Cumbria-based business. Its latest financial results show that the Society invested £26.3 million in transforming its core technology platform in the year to March, part of a total commitment o

Aberdeen Investments has appointed Shelley Morrison as head of private credit and fund finance. She succeeds Marianne Zangerl, who has been promoted to lead Multi Asset and Alternative Investment Solutions (MAAIS) within Aberdeen.

Nationwide Building Society has posted statutory pre-tax profit of £1.49 billion for the year ending 31 March 2026, continuing its expansion into a major force in UK retail banking under the leadership of chief executive officer Dame Debbie Crosbie. While this figure sits below the prior

The Financial Conduct Authority is grappling with a sharp rise in whistleblowing reports, with new data suggesting the watchdog is struggling to keep pace with its growing caseload. According to figures published by the regulator, the volume of whistleblowing reports submitted in the UK climbed by a

Net borrowing of mortgage debt by individuals increased to £6.2 billion in March, from £5.2bn in February, above the previous 6-month average of £4.9bn, according to The Bank of England's latest Money and Credit release covering March 2026 The data points to a pickup in lending act

A Nationwide customer could join the building society's board for the first time in nearly a quarter of a century, after a longstanding member secured enough support to appear on the lender's annual ballot. James Sherwin-Smith, a 45-year-old from West Sussex, will stand for election at Nationwide's

UK taxpayers have handed over £938.8 billion in tax in 2024/25, a 9.3% rise on the previous year, according to HMRC's annual bulletin, as frozen thresholds and rising asset values are quietly eroding household wealth. Inheritance tax receipts reached a new record high of just under £8.5b

Standard Life has agreed to acquire Aegon UK in a £2 billion deal that will create the UK's largest retirement savings and income business, with approximately 16 million customers and around £480bn in assets under administration. The FTSE 100 group, which was formerly known as Phoenix Gr

UK food and drink businesses are investing substantially in innovation and product development to remain competitive and secure their future in an increasingly challenging market, according to a new survey of the sector, commissioned Johnston Carmichael for its annual food and drink report. The rese

The composer of the iconic opening song to Disney's The Lion King is suing a comedian for $27 million (c. £20.2m) for prodding fun at its lyrics. Circle of Life begins with the Zulu-language lyrics: "Nants ingonyama bagithi Baba Sithi uhm ingonyama."

UK inflation held steady at 3% in February, but economists are warning that the relative calm is unlikely to last, as the ripple effects of the Middle East conflict begin to reshape the economic outlook.

Alan Stewart examines the UK government's push for greater domestic steel use, arguing that while well-intentioned, the policy risks raising costs and constraining investment in steel-dependent sectors – particularly in Scotland. The UK government’s ambition to increase domestic steel us

A Highland couple have announced plans to donate and ultimately bequeath their entire property portfolio to support efforts to tackle the region’s worsening housing shortage. Retired construction businessman Don Michie, 75, who lives in Onich near Fort William, has built up 14 rental propertie