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Samsung Electronics has narrowly averted a strike by striking a last-minute deal with its South Korean workers’ union, agreeing to distribute a massive 40 trillion won (c. £20 billion) in bonuses to its semiconductor workforce. Driven by an artificial intelligence infrastructure boom tha

Nationwide Building Society has posted statutory pre-tax profit of £1.49 billion for the year ending 31 March 2026, continuing its expansion into a major force in UK retail banking under the leadership of chief executive officer Dame Debbie Crosbie. While this figure sits below the prior

Bk plus has appointed Calvin Bond as corporate finance partner, joining the firm's Glasgow office. Mr Bond will lead its Scottish deal advisory offering, advising SMEs, owner-managed businesses, private equity-backed businesses and private equity clients on acquisitions, business sales, growth fundi

UK CPI inflation slowed to 2.8% in April, down from 3.3% in March, marking its lowest level since March 2025.

The Bank of England has begun a consultation on moving RTGS and CHAPS (the UK's high-value payment system) settlement hours towards near 24x7 operation.

Bank of Scotland-owner Lloyds Banking Group is considering phasing out Halifax.

The Chartered Institute for Securities & Investment (CISI) received nearly 300 applications from women across 16 countries for its new Women in Finance membership programme, with the UK among the countries leading demand. Launched under the professional body's charitable objectives, the initiati

Edinburgh-headquartered Hampden Bank has appointed Graeme Mann as business development director. Mr Mann joins the private bank’s Edinburgh office from Coutts. He is an experienced banking and business development professional with over 25 years in financial services, specialising in relations

An inquiry has been launched into the impact of banks closing more than 6,700 branches in the past decade and whether they should be compelled to introduce more face‑to‑face services. Richard Lloyd, a former executive director at the consumer group Which?, will gather evidence for the Access to

Turnover at law firm Burness Paull has broken through the £100m turnover threshold for the first time following double-digit growth in business. Annual revenue for the year to the end of March 2026 rose 12% to £105.2m (2024/25: £93.5m) and profit increased 27% to £45.7m (2024

UK tech firms have been called upon by The City of London Corporation for support for a digital verification network to combat fraud.

The Henderson Loggie Charitable Foundation has opened its second round of grant funding and is inviting local charities and community groups across Scotland to apply. The foundation, which was set up last year by the accountancy firm Henderson Loggie, aims to support people facing disadvantage, ill

Grant Thornton UK has reported revenue of £787.1 million for the year ended 31 December 2025, up 4% from £759.0m in 2024, in its first set of combined results following the completion of private equity firm Cinven's investment in the business last year. The proforma figures, which combin

Aberdeen-headquartered corporate finance firm Quantify Advisors has appointed Ryan Clark as a new corporate finance manager as it marks its second anniversary in business. Mr Clark joins the independent firm after eight years at Deloitte, where he worked as an Assistant Manager and subsequently as m

The Bank of England (BoE) is facing mounting pressure from economists to scale back its quantitative tightening (QT) programme, with critics warning that the costly approach is exacerbating the UK's borrowing costs and straining public finances at an already precarious moment. The fresh wave of scru