St Andrews-born Jane Fraser, CEO of Citigroup, has become the world's highest-paid female banker, with her total compensation exceeding $100 million. The 57-year-old, the only woman leading a major global bank, earned $34.5 million (c. £27.4m) in 2024, bringing her earnings since taking the he
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A construction worker has won a supercar worth £164,000 in a competition which cost him just 29p to enter. Ciprian Cocoveica, from Basildon, won a Lamborghini Huracan in BOTB’s Supercar Competition.
Wbg issued a call to doctors affected by the McCloud remedy to review their tax implications on receipt of their Remediable Service Pension Savings Statement (RS PSS), due by March 2025. The McCloud remedy removes the age discrimination judged to have arisen in the NHS Pension Scheme resulting from
Edinburgh-based Aveni.ai, specialist in AI for financial services, has been selected by credit reference agency Equifax UK as a strategic AI partner. The Aveni Detect solution has been deployed by Equifax UK, helping to streamline quality assurance processes and reduce the amount of manual checking
Dunfermline-based Reward Funding has finalised a £360 million refinance, a crucial step in its plan to expand its loan book to £500m within three years. Advised by international advisory firm Interpath, Reward has received a £100m debut private securitisation from an international
A growing number of mid-sized Scottish businesses are at risk of becoming "zombie" companies, according to research by BDO. Rising costs and challenging economic conditions are squeezing growth, with 13.5% of these firms now considered vulnerable – an increase of 0.8 percentage points versus t
Roger Green discusses the pervasive skills shortages in the UK, particularly within the commercial cleaning sector, and outlines how his company, Spotless, combats these challenges through robust employee-centric initiatives. New research released in January by employment app creators Indeed Flex re
A new analysis reveals a concerning trend in Scotland's financial landscape, with 32% of households reporting no savings, significantly higher than the UK average of 23%. This disparity is widening, as figures from 2023 show Scotland's rate has increased while the rest of the UK has seen improvement
Scottish biotech engineering company uFraction8 has secured £3.4 million in new investment following the completion of a funding round led by Foresight Group. Based in Falkirk with a fully-owned subsidiary in Poland, uFraction8’s microfiltration technology is designed to optimise cell an
Aberdein Considine has boosted its Aberdeen-headquartered corporate division with the appointment of new associate solicitor Michael Leith. Mr Leith joins Aberdein Considine’s corporate and business advisory team led by partner Ritchie Whyte in “one of the firm’s busiest periods fo
A man whose credit card was stolen and used to buy a €500,000 (£414,000) winning lottery scratchcard in France has appealed to the thieves to come forward so they can split the prize. The winning ticket, purchased in Toulouse, has yet to be submitted for collection.
Prime Minister Keir Starmer has pledged £200 million from the National Wealth Fund to revitalise the Grangemouth site, set for refinery closure this summer. The investment, announced at Scottish Labour's conference, aims to transform the facility into a hub for new industries, including bioeng
A sea salt producer on the Isle of Skye is expanding to increase production and create more jobs. The Isle of Skye Sea Salt Company has secured up to £5,690 from Highlands and Islands Enterprise (HIE) towards total project costs of £14,230.
A project to increase the amount of luxury self-catering accommodation available on the island of Great Cumbrae in the Firth of Clyde has secured up to £95,452 investment from Highlands and Islands Enterprise (HIE). Jack’s Alt Stays Ltd was launched in 2022 and currently has five cabins
Financial planning and investment specialist Scott James & Associates has significantly expanded its operations with the acquisition of a fellow St. James’s Place (SJP) partner practice. This acquisition, effective from January 2025, brings the firm's total funds under management to over &