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Scottish Financial Enterprise has welcomed the newly elected Labour government, following its landslide victory of over 400 seats in the general election.

ScottishPower has appointed Charles Langan as its new chief financial officer and Nicola Connelly as chief executive of SP Energy Networks. Both are established leaders within ScottishPower with Mr Langan previously holding senior finance roles in the UK and Spain, notably managing the Iberdrola Gro

Burness Paull has reported strong results for its financial year ended 31 March 2024 – a shortened eight-month reporting period following the firm’s decision to change its year-end following HMRC’s basis period reforms. Turnover for the eight months was £60.1 million and prof

The Financial Conduct Authority (FCA) has come under fire for spending nearly £90,000 on a "brand refresh", a move criticised by City figures as a "total waste of money".

Dundee-based financial services firm Embark, part of Bank of Scotland-owner Lloyds Group, has marked the successful graduation of its first cohort from its fintech skills school. The specialist training facility at Embark in West Marketgait recruited graduates and career changers into junior softwar

John McGuigan has announced his intention to stand down as chair of Scottish Financial Enterprise. His successor will be confirmed at an EGM next month.

Several accountancy and financial services firms, including Big Four firms Deloitte and KPMG, have rescinded job offers to international students following the UK government's decision to raise the minimum salary thresholds for skilled worker visas. They are not the first and will not be the last, a

Sandy Begbie, chief executive of Scottish Financial Enterprise, examines the challenges facing the Scottish economy, emphasising the need for government intervention to stimulate growth, particularly in the financial and professional services sectors which are "ripe for the kind of product

The Financial Reporting Council (FRC), has imposed hefty fines on accounting giants PwC and EY, along with a smaller firm, Oliver Clive & Co, for audit failures related to London Capital & Finance (LCF), a collapsed investment group. PwC and EY were fined £4.9 million and £4.4m r

Glasgow-based whisky bottler and blender Hunter Laing has unveiled impressive financial results, reporting record revenue and profits as it prepares to introduce its inaugural whisky from its newly constructed Islay distillery. The business posted an operating profit of £11 million for the fis

Edinburgh-based ethical financial institution Capital Credit Union (CCU) has announced that its loan book has exceeded £25 million for the first time in its 35-year history. The union has posted its half year results and revealed its loan book is up 25% on the same period last year, to stand a

The Financial Conduct Authority (FCA) has outlined plans to give UK asset managers greater freedom in how they pay for investment research, with the aim to promote competition and facilitate cross-border access to research.

Global financial services firm Ebury has announced that it is increasing its investment in Scotland with a series of strategic moves aimed at boosting their Scottish operations. Nicholas Blurton has been appointed key account director for Scotland to drive Ebury's growth in the Scottish market. He j

The FCA has published guidance for memes, reels and gaming streams promoting financial services. The regulator has set out how adverts across social media channels must be fair, clear and not misleading, meaning they must have balance and carry the right risk warnings so people can make well informe

The financial landscape for Scottish businesses is about to be affected by a game-changing overhaul in R&D tax credits set to kick in on 1 April 2024. Last year’s Autumn budget gave the green light to a brand-new merged R&D tax relief scheme, a shake-up which marks a significant depart