ACCA (the Association of Chartered Certified Accountants) has warned the UK government of significant weaknesses in its incoming model of switching professionals’ anti-money laundering (AML) regime to the UK’s financial services regulator. The accounting body says it is fully committed t
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Scottish Friendly is celebrating a successful year defined by a dedicated commitment to supporting local communities through strategic partnerships, volunteering, and fundraising.
Edinburgh Innovations, the commercialisation service for the University of Edinburgh, has appointed Dr John Cassidy and Gary McRae as non-executive directors to its board. The recruitment of these industry veterans aims to support the organisation’s growth and ambition, building upon a success
Sir Andy Murray’s five-star Cromlix Hotel has returned to profitability following two consecutive years of losses. Located near the former Wimbledon champion’s hometown of Dunblane, the luxury establishment posted a profit of £193,379 for the financial year ending 31 March 2025. Th
The administration of the Stewart Milne Group (SMG) and its subsidiaries has been extended for a further 12 months following approval from the Court of Session in Edinburgh. Administrators Teneo requested the extension to 7 January 2027 to allow sufficient time to progress all outstanding matters, m
Despite historical market volatility and perceived risks, 2026 presents a critical opportunity for UK savers to transition from cash ISAs to long-term stock market investments to combat inflation and build wealth, writes Adrian Murphy. Moving into 2026 feels like a psychological milestone. We’
Edinburgh-based Sofant Technologies has secured £6.25 million in an equity funding round led by EMV Capital Partners, with additional participation from Scottish Enterprise. This significant financial injection marks a pivotal shift for the company as it transitions from an extended research a
The Payment Systems Regulator (PSR) is implementing significant changes designed to provide businesses with increased clarity regarding card payment fees. These measures stem from a market review which concluded that Mastercard and Visa face insufficient competition, leading to rising fees and uncer
Over the course of 2025, Scottish Financial News published more than 240 articles in our popular And finally section – sharing offbeat and weird financial and business news stories from around the world. But what were the most popular? Read on to find our most-read And finallys of 2025.
Denise Coates, the billionaire founder and chief executive of Bet365, secured a total remuneration package exceeding £260.8 million for the financial year ending in March. This figure represents a 65% year-on-year increase from £150m, comprised of a £104m base salary and a signific
The Post Office has finalised a new five-year agreement with Cash Access UK to continue operating and expanding Banking Hubs across the nation. The deal reinforces the Post Office's central role in maintaining financial inclusion, building upon the 200 hubs already in operation. The partnership is a
Ahsan Mustafa looks at the main changes brought in by the Bankruptcy and Diligence (Scotland) Act 2024 began, six months on. These reforms are expressed through amendments to the Bankruptcy (Applications and Decisions) (Scotland) Regulations 2016 and related instruments. The most recent commencement
Accounts for Digby Brown show that the personal injury firm's turnover increased from £46.7 million in 2023/24 to £53.8m in 2024/25 – a rise of more than 15%. And profits increased from £21.9m to £26.5m showing year-on-year growth of 21%.
James Fennessey and Blair Milne of Azets have been appointed as provisional liquidators for 1Stopwind Limited following a winding-up order issued by Paisley Sheriff Court. As a result of the court order, the registered office for the Scottish wind farm maintenance company has been transferred from i
Scotland’s labour market is presenting a picture of resilience and strain as 2025 draws to a close, showing simultaneous increases in both employment and unemployment, alongside a decrease in economic inactivity, according to the latest Office for National Statistics (ONS) data. While employme
