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Matthew Gregory, the chief executive of bus and rail firm FirstGroup has announced that he will step down from the role in September this year, The news arrives amid mounting investor criticism over the sale of two North American businesses completed earlier this year.

Tesco Bank has confirmed all Tesco Bank Personal Current Accounts will close from Tuesday 30 November 2021. Tesco Bank’s Current Account was closed to new business in December 2019 and will now also close for existing customers.

Wealth manager Brewin Dolphin has posted record gross discretionary fund inflows of £1.3 billion for the third quarter ended June 30 2021. The gross discretionary inflows were higher than the £1.0bn reported in Q2, with Brewin Dolphin stating that continued growth across its direct and i

Barratt Developments has said it is well-positioned for FY22 after a year of 'excellent performance' as it reported profits before tax of £107 million. The group has today issued a trading update for the year ended 30 June 2021 ahead of the publication of its annual results on 2 September

AssetCo, the new asset management business launched by north east entrepreneur Martin Gilbert, has announced that it has reached an agreement with Preservation Capital Partners Limited to acquire effectively a 30% equity interest in Parmenion Capital Partners LLP. The consideration will be up to &po

A new report published by Temenos, the Swiss banking software company, has found that 65% of global banking executives believe branch-based banking will be “dead” within five years.

Caledonia Housing Association has welcomed a £30 million funding package from Royal Bank of Scotland to support new housing developments across Scotland.

M&G Wealth, which has £28 billion of assets under management, is to deliver a new hybrid robo-adviser service that will be run by humans but “underpinned by digital technology”. The firm, which is a spin-out from Prudential, has appointed Ignition Advice to develop the “l

The UK Government’s plans to shake up the accountancy sector are facing a significant setback, as smaller firms consider snubbing reforms that would see them share FTSE 100 work with the Big Four companies. UK ministers have proposed “managed shared audits” of FTSE 350 businesses,

Nationwide Building Society has seen its profits almost double to £823 million throughout the Covid-19 pandemic as its customers saved an extra £10 billion over the last year. The lender, which is the UK's biggest building society, revealed a huge rise in deposits as customers chose to s

Edinburgh is the only Scottish city to make it into the top 10 in a new report by Colliers on residential investment opportunities, and it achieved second ranking for the UK as a whole.

The number of current account customers ditching and switching their bank dropped in the first three months of 2021, according to figures released by the Current Account Switching Service (Cass).

West Lothian-based Ooni Pizza Ovens has made the decision to increase its minimum entry level salary for employees to £25,000. That’s 54% higher than the UK national minimum wage and 45% higher than the Living Wage Foundation’s real living wage.

People in the UK are feeling the most optimistic about their household finances since the start of the coronavirus pandemic, according to the latest Scottish Widows Household Finance Index.

Sir Jon Thompson, the chief executive of the Financial Reporting Council (FRC) has told non-executive directors that they cannot “simply turn up” and “take your fees” as backlash grows over proposed reforms to increase their exposure to regulatory action. Yesterday, Sir Jon T