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Restructuring, turnaround and insolvency trade association, R3, has appointed Sonia Jordan, a solicitor and partner at Knights, with more than 30 years’ experience advising on corporate restructuring and recovery, as president. Ms Jordan has been actively involved with R3 for many years, most

Lloyds Banking Group has posted a 33% rise in statutory profit before tax to £2.0 billion, for the first quarter of 2026, but has shared concerns over the economic impact of the Middle East conflict. The Bank of Scotland-owner's Q1 growth was underpinned by an 8% rise in underlying net interes

The Housing Finance Corporation has pledged £550 million in funding to support the delivery of affordable housing across Scotland, Wales and Northern Ireland.

Global sport is powered not just by competition, but innovation – and World IP Day highlights the critical need to protect the talent, entrepreneurship and technology behind all of that work, writes Alastair Smith Fine margins are everything in elite sport. We will see that on the global stage

UK taxpayers have handed over £938.8 billion in tax in 2024/25, a 9.3% rise on the previous year, according to HMRC's annual bulletin, as frozen thresholds and rising asset values are quietly eroding household wealth. Inheritance tax receipts reached a new record high of just under £8.5b

Scottish entrepreneurs are confident about their own business prospects in the upcoming tax year, despite pessimism over the wider UK economy, according to Rathbones. A survey of more than 1,000 SME founders, owners and senior executives found that two thirds (66%) of those in Scotland feel confiden

Recent data has remained positive for the Scottish economy, but the outlook for future growth is being dampened by the ongoing conflict in the Middle East, according to the Fraser of Allander Institute. In its latest Quarterly Economic Commentary, the Institute has downgraded its 2026 growth forecas

Chancellor Rachel Reeves is convening a summit with the heads of UK banks this Wednesday to address the economic fallout from the war in Iran. The Chancellor has invited executives from Barclays, HSBC, Lloyds, NatWest, Santander UK and Nationwide to the meeting, which will include figures such as Na

Almost half (49%) of the 55 profit warnings issued by UK-listed companies in Q1 2026 cited the impact of policy change and geopolitical uncertainty as a leading factor, according to EY-Parthenon’s latest Profit Warnings report. This marked the highest quarterly proportion recorded for this cau

Company insolvencies in Scotland climbed 11% year-on-year in March 2026, with 131 cases registered compared to the same month in 2025. The total comprised 57 compulsory liquidations, 53 creditors' voluntary liquidations (CVLs), 18 administrations and three receivership appointments. No company volun

Listing activity on the London Stock Exchange (LSE) in the first quarter of 2026 was muted, with just two listings, according to EY-Parthenon’s latest IPO analysis. One listing raised £8.8 million on the main market, with the other raising £4m on the Alternative Investment Market (

Rising costs, late payment problems and concerns over supply chain resilience are creating a gloomy outlook for the UK’s vital small and medium sized enterprises. That is according to the latest ACCA and IMA Global Economic Conditions Survey (GECS), which shows UK SME confidence is stuck near

Manchester-based waste manager Papilo has expanded its reach with the acquisition of REKK Recycling, a Scottish company based in Uddingston. REKK provides total waste management solutions to clients in the food production, manufacturing and industrial sectors across Scotland and England. Its founder

Scotland’s marketing sector is demonstrating true resilience in a turbulent market, with The Marketing Society Scotland revealing a strong set of entries and nominations for its Star Awards – surpassing pre-pandemic records to have its biggest year yet with over 300 submissions. During a

  Future Ticketing and Capital Credit Union (CCU) have unveiled a new integration enabling clubs to provide Fair Fan Finance season ticket loans seamlessly through its platform.