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A financial worker at one of Scotland’s top legal firms has been jailed for 21 months after embezzling almost £180,000. Teresa Kidd, 44, a purchase ledger clerk at Maclay Murray and Spens LLP (MMS) took thousands from her employers between October 2006 and November 2011.

Nick Kuenssberg UK investors are being targeted by a new pioneering Scottish fund which aims to provide a social return alongside financial.

Geoffrey Thomson Braveheart Investment Group has announced a reshuffle of its board in a move that will see its current chief financial officer step down.

The Financial Conduct Authority (FCA), the UK’s City watchdog, has fined Bank of New York Mellon (BNY) £126 million for failing to keep customer money safe during the financial crisis. The fine was levied on the bank’s London branch and on Bank of New York Mellon International for breaches that

Phil Anderson A north-east accountants Phil Anderson Financial Services (PAFS) has pledged to boost the pay of its staff after announcing its support for the growing “living wage” campaign.

Begbies Traynor Group has announced the appointments of Thomas McKay as partner in its business rescue and recovery division in Scotland and Simon Watson as partner in the specialist consulting division, which operates under the BTG Financial Consulting brand. New partners Simon Watson (left) and Th

Edinburgh-based Lloyds Banking Group has committed to supporting key UK infrastructure projects within the Government’s National Infrastructure Plan over the next three years. The Group will provide financial assistance to infrastructure initiatives that have a total project value of £30bn by the

Scottish football clubs have seen a dramatic improvement in their financial health according to Begbies Traynor’s annual financial fitness test for the sport. In just the second season in which the accounts of football clubs in the English Premier League and Football League have come under the scr

Glasgow-based Clydesdale Bankhas announced that Ian Smith, its chief financial officer, (CFO) has been appointed as an executive director.

Quilter Cheviot has hired former Brewin Dolphin investment manager John Moore as an investment manager in its Edinburgh office. Mr Moore will aim to strengthen the firm’s investment capability in Scotland and its support for advisers and high net worth clients across the region. He will report

HM Revenue and Customs has collected £322.7 billion in total from National Insurance contributions and tax between April and July 2026, compared with the same period last year. The total represents a £21bn increase on the same four-month period last year, when HMRC collected £301.7

Barclays has hired one of Bank of America's most senior bankers as part of a shake-up of its investment bank team to compete with larger Wall Street rivals. The UK lender has hired Mike Joo to serve as co-chief executive at its investment bank, while Adeel Khan will be promoted to co-chief executive

FRP Advisory has called on businesses to address difficult decisions now, warning that slow decision-making is costing the UK economy £13.7bn annually. Michelle Elliot, a restructuring advisory partner at FRP, explained that many businesses are running on "limited financial headroom" due to hi

JPMorgan Chase chief executive Jamie Dimon has warned Chancellor of the Exchequer John Healey against creating a more hostile tax environment for banks. The Wall Street executive urged the UK Government to re-consider its plans to increase taxes on banks ahead of a major pre-Budget lobbying campaign

Henderson Loggie has been appointed as the administrator of DJ Mackay & Partners after it fell into administration following financial difficulties. Shona Campbell, head of business recovery  and insolvency at Henderson Loggie was appointed on August 14, confirming the process of transferri