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HSBC shares climbed over 5% on Wednesday morning, reaching 1,362.80p and cementing its position as the UK's most valuable bank with a market cap of over £230 billion. This rally occurred despite a 7% decline in annual pre-tax profit, which fell to $29.9bn (c. £22.1bn) following $5bn (c.

Professional bodies representing more than 1.5 million people have written to the UK government calling for stronger backing of Chartered and professionally registered status across key sectors, arguing it is essential to rebuilding public trust and driving economic growth. In an open letter to Pat

Scottish salmon exports to India could deliver up to £130 million over the next decade in a major boost to the economy, according to Salmon Scotland. Producers are gearing up for a new drive into the market after last year’s UK-India trade deal promised to remove the tariffs that have he

BAE Systems has reported a robust financial and operational performance in its 2025 full-year results, underpinned by a record order backlog of £83.6 billion. Amidst escalating global security challenges, the company achieved a 10% increase in sales to £30.7bn and a 12% rise in underlyin

Early seasonally adjusted estimates for January 2026 have revealed that there were 2.45 million payrolled employees in Scotland, representing a 0.2% decrease of 6,000 people compared to the previous year. While this decline is notable, it remains more resilient than the wider UK figure, which saw a

Scottish craft beer giant Brewdog has appointed restructuring consultants AlixPartners to oversee a competitive sale process, a move that may result in the business being dismantled and sold in separate parts. The Ellon-based brewer, famous for brands like Punk IPA, has reportedly set a tight deadli

A new report has confirmed that £2.38 million worth of “non‑operational” land has been sold in the past six months as efforts to unwind the collapsed Stewart Milne Group (SMG) continue. The latest update from administrators Teneo Financial Advisory shows that land parcels held by

The Scotch Whisky Association (SWA) has reported a challenging 2025 for Scotland's whisky industry, with global exports dipping to £5.36 billion, a 0.6% decline in value and a 4.3% drop in volume. This equates to 1.3 billion bottles leaving Scotland, or roughly 43 per second.

The Scottish distilling industry is facing a deepening crisis as new data from financial advisory and restructuring firm BTG has revealed that 19% of Scotland’s distilleries are now in financial distress. In Scotland, 69 distillers, and a further 217 across England, Wales and Northern Ireland,

Residential mortgage lender Gen H has expanded to Scotland. Data from the Bank of Scotland indicates that the average first-time buyer property now costs approximately £194,000, while the average income remains around £30,504. This creates a price-to-income ratio of 6.4x, rising to 7.5x

Overall construction activity in Scotland was relatively subdued through the final quarter of 2025, according to the latest Royal Institution of Chartered Surveyors (RICS) Construction Monitor, but Scottish respondents are more optimistic about the outlook for the year ahead.

Anderson Strathern has announced the appointment of Carole Tomlinson as its new chair as the firm celebrates its 325th year in business in Scotland. Ms Tomlinson will take up the role from 1 April, succeeding Fraser Geddes following the end of his three-year term. She is a dual-qualified solicitor i

The number of Junior ISA (JISA) accounts that received the full £9,000 subscription rose to a post-pandemic high during the 2023/2024 tax year – the most recent year data is available for – as families accelerated their gifting to children. Figures obtained by Murphy Wealth from HM

Demand for commercial property in Scotland edged up in the last quarter of 2025 according to the latest Royal Institution of Chartered Surveyors (RICS) commercial property monitor, and, despite clear challenges remaining, surveyors appear cautiously optimistic for both rents and capital values this

KPMG UK/Swiss Group has reported revenue of £3.6 billion for the year ended 30 September 2025, marking its first set of financial results since the merger of the two businesses in October 2024. The Big Four firm achieved overall sales growth of 2% and a significant 14% rise in pre-tax profit t