UK Finance has launched a collaborative industry pilot project to deliver the first UK live transactions of tokenised sterling deposits (GBTD). These tokenised deposits are a digital representation of traditional sterling commercial bank money. They retain the trust and regulatory protections
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Glasgow-headquartered Weir Group has announced a binding agreement to acquire Fast2Mine, a Brazilian provider of mine management software (MMS). The move is set to accelerate Weir’s expansion into the South American market and enhance its digital solutions for the global mining industry.
STV reported a pre-tax loss of £200,000 for the first half of the year, a sharp downturn from the £4.8 million profit recorded in the same period last year. The loss was driven by a 16% fall in national linear advertising, contributing to a 10% drop in total advertising revenue to £
Scotland’s Budget for 2026-27 is set to be delayed until 15 January, a move Finance Secretary Shona Robison has described as "unavoidable" due to the late scheduling of the UK government's Autumn Statement. Ms Robison had originally preferred a December date for the Holyrood budget. However, w
HM Revenue & Customs (HMRC) has restarted its controversial Direct Recovery of Debts (DRD) programme, which allows it to take money directly from the bank accounts of certain debtors.
Perthshire's Gleneagles Hotel has seen its profits more than double last year as sales surpassed £100 million for the first time.
The growth strategy of Wbg to double its fee income to £30m in three years and £50m in five has fuelled a record trainee intake, investment in career development and a targeted recruitment drive across its business. Last month saw a doubling of the normal trainee intake joining the firm,
The UK government is faced with a future of difficult tax choices, with an increased likelihood of tax rises to combat mounting public spending pressures and sluggish economic growth, according to KPMG.
Scottish Building Society has renewed and expanded its partnership with Edinburgh Rugby for a further two years. The Society, which has proudly served as Edinburgh Rugby’s main club partner for the past four years, will now extend its backing to cover both the women’s and an expanded pro
More than 30 trainees have taken up roles with Glasgow-based accountancy firm Armstrong Watson, marking its largest intake of Level 4 apprentices to date. The business, which was ranked 29th in The Sunday Times Top 100 Apprenticeship Employers for 2025, has a long commitment to nurturing future tale
Charities and social enterprises across Inverness and the Highlands are being invited to a dedicated funding event aimed at helping them secure resources and expertise to grow their community impact. Taking place on Thursday, 25 September at Eden Court, Inverness, the session will bring together loc
The Institute of Chartered Accountants of Scotland (ICAS) has responded to the government’s landmark package of consultations on the future of the UK’s sustainable finance framework. ICAS has urged stakeholders to actively contribute their feedback since the June launch of the highly ant
Sheriff Appeal Court refuses director’s application to act as lay representative in repayment action
The Sheriff Appeal Court has refused to allow the director of a liquidated company who was also the director of a creditor of that company to act as lay representative for the latter after finding that he was not a suitable person to act as the defender’s representative. Pursuer Colin Hastings
Economists predict the Bank of England will hold UK interest rates at 4% until at least early 2026, as policymakers remain cautious amid persistent inflation and a weakening economy. The Bank's Monetary Policy Committee (MPC) is widely expected to keep the base rate unchanged at its meeting on Thurs
Edinburgh’s Boroughmuir Rugby and Community Sports Club, home to the award-winning Energy Gym, has secured a £100,000 loan from leading responsible finance provider Social Investment Scotland (SIS) to expand its fitness facilities and capacity for new members.
