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Bank of Scotland-owner Lloyds Banking Group has reported a significant 20.4% drop in annual pre-tax profit, falling short of market expectations. The UK's largest mortgage lender posted a profit of £5.97 billion for 2024, down from £7.5bn in 2023, missing analysts' forecasts of £6.

An IT managed services company headquartered in Edinburgh has significantly bolstered its global operations with the acquisition of Australian-based EDF Systems, made possible by £1.8 million in funding from HSBC UK. Purview Consultancy Services, which provides IT solutions and cutting-edge pr

Blink-182 star Mark Hoppus will auction a rare Banksy painting that is estimated to be worth up to £5 million.

Henderson Loggie has appointed Melissa Fogwill as its first chief technology officer (CTO) to drive customer-centric digital transformation across the firm. Ms Fogwill joins Henderson Loggie from her role as digital, data, and technology manager at housing and social organisation, Hillcrest. Having

The impact of tax changes on Scotland’s distinctive farming sector is either severely misunderstood or being deliberately ignored by the UK government, Scottish Land & Estates said today. The rural business organisation was speaking following the meeting HM Treasury held with some represen

North of Scotland commercial property expert FG Burnett has undergone a brand refresh.

Five fintech firms have each been awarded £50,000 to propel developments that support financial inclusion, accelerate financial resilience and deepen consumer engagement in financial services. FinTech Scotland, in partnership with the University of Strathclyde and University of Glasgow, announ

An Inverclyde football coach is helping local children find their feet (and the back of the net) with dedicated football coaching after accessing support from Business Gateway.

Two metal detectorists have unearthed a hoard of 15th century coins in the Scottish Borders. Keith Young and Lisa Stephenson discovered 30 gold and silver coins in close proximity dating to the 15th Century in the Cappercleuch area of the Borders.

Wood Group's chief financial officer, Arvind Balan, has resigned with immediate effect after admitting to misrepresenting his professional qualifications.

North-east insolvency practitioner Michael Reid has been appointed administrator for an Aberdeen managed IT services provider. As a result of a submission to the Court of Session, Internet for Business Limited, which was established in 1995, appointed an administrator on Thursday, 20 February.

Cazenove Capital, Schroders' UK HNW wealth management business, has announced a partnership with Entrepreneurial Scotland, reinforcing its commitment to the growth and innovation within Scotland’s business sector. Entrepreneurial Scotland is an independent charity with over twenty years’

The Revitalising Trusts project, a collaboration between The Scottish Charity Regulator (OSCR) and major funder, Foundation Scotland, has been working with legal teams the length and breadth of the country to release dormant charitable funds for public benefit. Over 300 inactive charitable trusts of

The industrial sector’s share of investment in Scottish commercial property has nearly doubled since the beginning of the Covid-19 pandemic, according to new research from Knight Frank. The independent commercial property consultancy’s analysis of Real Capital Analytics (RCA) data found

Standard Chartered PLC has announced a further $1.5 billion (c. £1.2bn) share buyback following a 20% jump in underlying pre-tax profit to $6.8bn (c. £5.4bn) for the year ending 31 December 2024. This surge was driven by a 13% increase in operating income to $19.7bn (c. £15.6bn), w