Lloyds Banking Group (Lloyds), Aberdeen Investments, and Archax have successfully completed a pioneering transaction utilising tokenised real-world assets (RWA) as collateral for foreign exchange (FX) trades. In a UK-first initiative, tokenised units of Aberdeen Investment’s money market fund
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Bitcoin has achieved a new record high, breaking the $122,000 barrier as "Crypto Week" commences in the United States.
There has been a great deal of speculation about the Chancellor reforming ISA rules in her Mansion House Speech – although, late last week it emerged some of these may be put on hold. There are, nevertheless, good reasons to still look at the issue – not least to confront the UK’s
Callum Carmichael and Michelle Elliot of FRP Advisory, together with Shona Campbell of Henderson Loggie LLP, have been appointed administrators of Greenfold Systems Ltd, a specialist manufacturing business based in Dunfermline, on 10 July 2025. The company operated from premises at Pitreavie Busines
Edinburgh and Glasgow have been identified as leading UK cities for large corporate firms outside of London, securing positions within the top ten, according to HSBC UK. The inaugural HSBC UK Corporate Tracker report, which records the location and activity of the UK’s 13,544 large corporates,
PwC's new UK senior partner, Marco Amitrano, has identified managing partner Laura Hinton as the leading candidate to take the helm of its vital Middle East business next year. The move comes as the professional services giant seeks to repair relations following a significant dispute with a major Sa
The outlook for the Scottish and UK economies has weakened, with growth now expected to remain sluggish through the rest of 2025, according to the Fraser of Allander Institute at the University of Strathclyde. In its latest quarterly Economic Commentary, the Institute has downgraded its forecasts fo
Chancellor Rachel Reeves is anticipated to announce a significant overhaul of the UK's savings landscape in her Mansion House speech on 15 July, with plans to reduce the annual tax-free allowance for cash Individual Savings Accounts (ISAs). The move is part of a UK government strategy to encourage s
Employee ownership is surging in popularity across the UK, and particularly in Scotland. In this article, Douglas Roberts reflects on an increasingly sophisticated and diverse market. The Employee Ownership Trust (EOT) is a special type of discretionary trust established by the Finance Act 2014 for
Increased HMRC activity could be causing the recent rise in Scottish company liquidations, according to an Aberdeen insolvency specialist. New figures from Creditsafe showed 141 new Scottish administrations and liquidations in May – the highest number since December 2022 when 142 cases were re
It is an ideal moment to pause and reflect on what has been an intriguing and evolving year for the property market across Edinburgh, the Lothians, Fife and the Borders, writes Paul Hilton. At the close of 2024, the market was buoyant. Activity levels were high, and we saw strong momentum carry into
Business confidence in Scotland saw a five-point decline in June, settling at 47%, according to the latest Business Barometer from Bank of Scotland.
Businesses from across the Forth Valley are being invited to come together this autumn for a week of inspiration, connection, and opportunity as Forth Valley Business Week 2025 launches with the theme 'Stronger Together: Collaboration and Community for Business Resilience'. Taking place from Monday
For the first time, retail investors have the opportunity to gain exposure to Elon Musk's private space exploration company, SpaceX, through blockchain-based fractional shares offered by the investment platform Republic. This development signals a significant shift in the accessibility of investment
The Institute of Chartered Accountants of Scotland (ICAS) has welcomed today’s landmark launch of the Department for Business and Trade’s package of three consultations on sustainability reporting standards, assurance of sustainability reporting and climate-related transition plan requir
