Azets has launched a dedicated service designed to help international firms establish, invest and expand in Scotland and the UK through a single, coordinated point of contact. Led from Scotland and supported by specialist teams across the UK, the Scotland Desk provides overseas investors and their a
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A new industry-led company backed by the UK's largest banks and a string of fintech firms has launched a payments scheme intended to provide a credible alternative to card networks and direct debit. UK Payments Initiative Ltd (UKPI) went live at the Money2020 conference, with founding shareholders i
The Royal Bank of Scotland has become the first bank in Scotland to allow companies to borrow up to £10 million against the value of their Intellectual Property (IP).
Chancellor Rachel Reeves is set to introduce a 22% tax charge on interest earned from uninvested cash held within Stocks and Shares ISAs. Expected to take effect in April 2027, the proposed levy is designed to prevent savers from bypassing incoming restrictions on cash savings and to drive more dome
Business confidence in Scotland rose two points during May to 50%, according to the latest Business Barometer from Bank of Scotland. Companies in Scotland reported higher confidence in their own trading outlook month-on-month, up nine points at 62%. When taken alongside their optimism in the economy
Scotland’s economy experienced a sluggish start to 2026, with onshore GDP growing by just 0.1% in the first quarter, falling significantly behind the UK's overall 0.6% expansion, according to statistics announced by the Chief Statistician. Despite consecutive economic contractions in January a
Scottish Mortgage Investment Trust has reported a strong set of annual results, with its share price returning to the November 2021 high it set before the 2022 growth-stock crash, as a soaring valuation for Elon Musk's SpaceX powered the Baillie Gifford flagship to its full recovery.
Nationwide is set to become Scotland's largest branch network from 4 June, contrasting sharply with the widespread retreat of other high street banks. While rival institutions prepare to close over 80 UK branches in June alone, and upwards of 240 by the end of the year, the building society will boa
Alistair McAlinden and James Dewar from Interpath have been appointed as joint administrators to AIM Engineering & Fabrication Group Limited and Hescott Engineering Company Limited on 15 May 2026. AIM Engineering & Fabrication Group and Hescott Engineering Company, operating from Falkirk and
Sterling and the London stock market fell sharply on Friday, while UK borrowing costs surged, after Andy Burnham confirmed he would contest a by-election as part of a bid for the Labour leadership. The Mayor of Greater Manchester's announcement was followed by the resignation of Wes Streeting as Hea
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).
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
