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Fintech giant Revolut has initiated a secondary share sale that values the firm at $75bn (£55.9bn), a significant jump from its previous $45bn price tag. The deal allows London-based staff to sell up to 20% of their holdings, with shares valued at $1,381.06 (£1,029) each. A Revolut spoke

Deputy Prime Minister and Secretary of State for Housing Angela Rayner has admitted to underpaying stamp duty by £40,000 on a property purchase but has attributed the error to incorrect professional advice. The admission follows days of denials and has left the Housing Secretary fighting for h

Six universities have received funding to collaborate with businesses based outwith Scotland in the latest round of the Scottish Inward Investment Catalyst Fund (IICF).

Angela Rayner has resigned as Deputy Prime Minister, Housing Secretary, and Deputy Leader of the Labour Party after an ethics inquiry found her in breach of the ministerial code. The investigation, led by the independent adviser on ministers' interests, Sir Laurie Magnus, followed Ms Rayner’s

Bank of England Governor Andrew Bailey will deliver a keynote address at Scotland’s Global Investment Summit, taking place in Edinburgh next month.

Investors in Scottish commercial property are increasingly focusing their interests on high-quality, well-located assets – which is translating into fewer, but higher value deals – according to new analysis from Knight Frank.

Matheson Lawson has added solicitor Donna Carson as director to spearhead its new commercial property department. The firm, established earlier this year by Maureen Matheson and Victoria Lawson, was launched with a focus on private client services and residential conveyancing. The expansion into com

Calum Allmond discusses the clarity and concision of the new map-based registration system may bring benefits to home and land owners, especially considering recent changes to the associated fees for Plans Reports. Since passage of the Land Registration (Scotland) Act in 1979 the Land Register of Sc

The Crown Office and Procurator Fiscal Service (COPFS) has announced an expansion of a corporate self-reporting and civil settlement programme to cover a range of offences under the Economic Crime and Corporate Transparency Act 2023 and other failure to prevent offences concerning bribery and facili

Bank of Scotland-owner Lloyds Banking Group is set to overhaul its employee performance management, a move that places thousands of staff at risk of dismissal. The new strategy will identify the bank's lowest-performing 5% of its 63,000-strong workforce, approximately 3,000 people. Those identified

CMS is to stage a free-to-attend breakfast seminar next month which navigates the UK government’s decision on the Review of Electricity Market Arrangements (REMA) and its wider implications for the energy sector. The event, co-hosted with management consultancy Baringa, will take place on Tues

Two specialist executive search companies are merging in a move the partners forecast will deliver significant growth in fee income over the next 12-18 months. New Town Partnership and Hanover Berkeley, both headquartered in Edinburgh and with London offices, are announcing a formal merger with

Scottish retail footfall fell for the fourth consecutive month in August, sparking nervousness among retailers as they approach the critical "golden quarter" trading period.

High-frequency trading firm XTX Markets is offering a monthly salary of $35,000 for its AI Research Internship, a figure that sets a new benchmark for student remuneration.