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As Scottish Widows prepares to launch an open-architecture Long Term Asset Fund (LTAF) later this year, pending regulatory approval, Aberdeen Investments has been appointed an initial manager of the growth sub fund. The LTAF will provide access to the full universe of private market investments and

The planned takeover of Dumbarton Football Club has fallen through after the prospective buyer, Gareth Phillips, withdrew his offer due to ill health.

Vehicle finance comparison specialist CarMoney has announced plans to recruit 50 new staff members in Scotland this year. The recruitment drive aims to support the company's strategic target of reaching £730 million in annual vehicle finance by 2029.

A letter written by Colonel Archibald Gracie, a first-class passenger aboard the Titanic, has sold for a record-breaking $399,000 (c. £315,000) at auction in Devizes. Penned just days before the ship's fatal encounter with an iceberg in April 1912, the letter contains the eerily prescient sent

The Financial Conduct Authority (FCA) is seeking views from firms about how its live AI testing service can help them to deploy safe and responsible AI, which will benefit UK consumers and markets. The live testing service would be a new component of the FCA’s AI Lab, which has been supporting

HSBC reported first-quarter financial results for 2025 that surpassed analyst expectations, despite showing year-on-year declines primarily due to the impact of prior-year business disposals. Alongside the results, HSBC unveiled plans for a new share buyback programme of up to $3 billion (c. £

The accountancy profession has an increasingly critical role to play in setting the standard for ethical behaviour in business, according to a new ethical leadership insights series from the Institute of Chartered Accountants of Scotland (ICAS). ICAS conducted in-depth interviews with a selection of

Scotland's onshore economy experienced a slight contraction in February 2025, with GDP falling by 0.2%, according to official statistics. This followed upwardly revised growth of 0.4% in January, up from 0.3%.

Savills Edinburgh residential sales has confirmed significant leadership appointments, promoting Ben Fox to the newly created role of director of new business and appointing John Forsyth as head of Edinburgh residential sales. Mr Fox, who joined Savills 19 years ago, was promoted to director in 2015

An updated charter setting out the principles and responsibilities of how rural estates, landowners and land managers operate has been launched by Scottish Land & Estates. The SLE Members’ Charter, formally adopted at SLE’s Annual General Meeting in Falkirk, builds upon the Landowner

Vita Group has secured c. £100 million worth of funding from Eldridge Real Estate Credit to build a new 591-bed purpose-built student accommodation (PBSA) project on India Street in Glasgow.

Barclays reported a strong start to 2025, with first-quarter pre-tax profits reaching £2.7 billion, comfortably exceeding analyst expectations of £2.5bn. The bank's shares rose over 1.5% following the announcement, but have since retraced during the day's trading.

Business confidence in Scotland fell significantly in April, dropping 15 points to 40%, according to the latest Business Barometer from Bank of Scotland Commercial Banking. Companies in Scotland reported lower confidence in their own business prospects month-on-month, down four points at 61%. When t

The Federation of Small Businesses (FSB) in Scotland has welcomed publication of the final report of the Scottish Government’s New Deal for Business Group (NDBG). However, the business representative group has warned that the findings must continue to be pushed forward if a true reset of the r

The University of Dundee has announced an alternative strategy aimed at achieving financial recovery while significantly mitigating the need for large-scale compulsory job losses.