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Coventry Building Society's acquisition of the Co-operative Bank has been approved by regulators, paving the way for the creation of a major banking force with combined assets of £89 billion. The £780 million deal, announced in May, will see the Co-op Bank return to its roots as a mutual

A former Michelin level pastry chef has launched a new range of healthy granola after the owner accessed specialist support from Business Gateway. Jacqueline Thompson set up The Golden Bottom Bakery in March 2024, after spotting a gap in the market for granola made using quality Scottish oats. The b

New lender ScotLend has officially launched, offering funding and bridging finance solutions throughout the UK. Backed by industry veterans with decades of hands-on experience, ScotLend offers brokers and their clients speed, flexibility, and a deep understanding of the market.

The Financial Reporting Council (FRC) has fined Big Four accountancy firm EY £320,000 for breaching the cap on fees it can earn from providing consultancy services to an audit client.

Scotland accounted for almost one-fifth of all UK equity deals involving university spinouts in 2023, according to new figures from the British Business Bank. Published today, the Bank’s annual Small Business Equity Tracker also places two of Scotland’s universities among the UK’s

The Oban Phoenix Cinema, a community-owned cinema with a history dating back to the 1950s, has entered provisional liquidation and is urgently seeking a new buyer

The Co-operative Bank brand could disappear from UK high streets amid its acquisition by Coventry Building Society for £780 million.

Coach holiday and short break specialist­ Caledonian Leisure has acquired Tartan Travel as part of a wider mutual partnership with hotel and tour operator Blackpool Promotions.

Licensed insolvency practitioner Michael Reid discusses the importance of effective cash flow management as the key to the success and survival of businesses, particularly in the current economic climate. Every business owner’s mantra: “Cash is King”

Gilson Gray has expanded its footprint in Dundee and Angus, following the takeover of Bowmans Solicitors. The firm will also now double its space at 2 West Marketgait in the city centre, taking on another floor of the flagship building, as well as gaining an additional office in Forfar. A team of 11

A new financial planning venture, Juniper Financial Planning, has taken root in the heart of Ayrshire, founded by experienced financial planners Ross Hunter, Scott Moore, and Euan Brown. Boasting a collective 50 years of experience from prominent financial planning institutions like Standard Life, a

First Minister Humza Yousaf is visiting London this week to take part in a number of events in partnership with the City of London Corporation, including agreeing an enhanced framework to promote Scotland and London as centres of excellence for financial services. The latest evolution of the partner

Aberdein Considine has expanded its wealth management operation, AC Wealth, with the appointment of Ross Leckridge as a Chartered Financial Planner to the firm's newly established Edinburgh division of its financial planning team. Mr Leckridge, a Fellow of the Personal Finance Society, brings more t

Businesses operating in the UK energy sector should consider how they can use their gender pay gap (GPG) data as a catalyst for change in their organisation, writes Susannah Donaldson. Analysis by Pinsent Masons has found that many businesses in the sector are already taking positive action to

The day after Thanksgiving is widely known as "Black Friday" for retailers and shoppers across the US, but plumbers said they refer to it as "Brown Friday" because they encounter an influx of sewage and dirty sink water.