UK real gross domestic product (GDP) is estimated to have increased by 0.6% in Quarter 1 (Jan to Mar) 2026, according to the latest figures published by the Office for National Statistics (ONS).
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Morgan Stanley has confirmed the appointment of Angela McCann as head of Glasgow, where she will oversee the firm's Glasgow office and its contribution to a wide range of business functions central to Morgan Stanley's global operations. Having joined Morgan Stanley in 2006, she brings over two decad
Henderson Loggie's corporate finance team has advised immersive entertainment and technology company Esk on its £2.6 million funding round led by Maven Capital Partners, with capital provided by the Maven VCTs and the Investment Fund for Scotland. The firm guided Esk through a transaction it v
Following the Scottish parliamentary election results, the Institute of Chartered Accountants of Scotland (ICAS) has congratulated the SNP on becoming the largest party in Scotland's new Parliament and is calling for ambitious long-term policies to deliver investment and unlock growth across the cou
With around six months to go until all pension providers and occupational schemes must be connected to the UK's new MoneyHelper Pensions Dashboard, four in five (80%) UK adults remain unaware of the initiative, according to new research from KPMG UK. Awareness is lowest among those closest to retire
In this edition of our Just A Minute Q&A series, we speak to Tony Cochrane, VAT director at Glasgow-based VITA – VAT & Indirect Tax Advisors. I started working at HMRC’s Glasgow VAT office in 2006. I received offers for generic finance graduate roles in London, but my heart wasn&
Inverness-based investment group Envoy has announced a majority investment in Ecosystems Technologies, an award-winning business which designs and manufactures sustainable timber-based modular buildings. The deal marks Envoy’s 30th investment since its inception in 2019, and was announced at t
A global study of venture capital investors and tech developers active in the low-carbon space found that 99% of UK respondents have invested in or already developed a Carbon Capture and Storage (CCS) project, with 79% saying they plan to do so in the next year. The research conducted by Pinsent Mas
Corporate finance advisory firm HNH Partners has reported a record year across its Edinburgh and Belfast offices, completing 40 transactions worth in excess of £525m over the past 12 months despite persistent headwinds in the broader deal market. The mergers and acquisitions specialist has acc
Lanarkshire-based Accountants Plus has reached a major milestone with the establishment of a new headquarters building in Motherwell’s Airbles Road. The move follows a period of growth, with annual fee income increasing almost four‑fold in seven years from around £750,000 in 2019 to &p
Net borrowing of mortgage debt by individuals increased to £6.2 billion in March, from £5.2bn in February, above the previous 6-month average of £4.9bn, according to The Bank of England's latest Money and Credit release covering March 2026 The data points to a pickup in lending act
HSBC has reported a small drop in first-quarter profit after a sharp rise in credit charges, driven by a fraud-related exposure in its UK investment banking arm and the fallout from the conflict in the Middle East, overshadowed solid revenue growth across the lender's wealth and interest income busi
Scottish jam and marmalade maker Mackays has narrowed its annual losses, with the Arbroath-based business reporting a pre-tax loss of £958,455 for the year ended 31 December 2025, compared to a restated loss of £1.22 million in the prior year – a reduction of around 22%. Turnover r
An Italian national who attempted to defraud a Singapore watch retailer has been sentenced to seven months in prison, in a case that hinged on one extraordinary irony: the watch he believed to be counterfeit was entirely genuine. Singh Deepak, 24, had purchased a Rolex GMT Saru from an acquaintance
The Edinburgh Worldwide Investment Trust (EWIT) is faced with a significant boardroom overhaul as the New York-based activist investor Saba Capital Management seizes control. At the trust's AGM, which took place today, Saba won the vote to appoint three directors to the trust’s board. With fiv
