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Scottish insurance adviser Scott McLuskey has launched Monteith Corporate Risk, a new boutique brokerage aiming to elevate service standards and transparency within the £95 billion insurance sector. Mr McLuskey, who resigned from global broker Lockton in October and was formerly a senior under

The Bank of England has reduced interest rates by 0.25 percentage points to 4.25%, a decision that revealed a split amongst its policymakers. The Monetary Policy Committee (MPC) was not unanimous, with two members, Swati Dhingra and Alan Taylor, advocating for a more significant 0.5 percentage point

A woman who was compared to Darth Vader at work has won nearly £30,000 from an employment tribunal. The NHS blood donation worker had temporarily left a room when her colleagues decided to take a personality quiz which would tell them what Star Wars character they were, the tribunal heard.

As leading retailers become the latest victims of cyber-attacks, RSM UK is advising businesses to review their cyber risk controls to ensure they are as robust as possible. Earlier this month the government launched its National Cyber Security Centre (NCSC) Cyber Governance Code of Practice, providi

Aberdeen Group experienced client withdrawals totalling £5.2 billion during the first quarter of 2025, driven by market volatility and a significant £4.2bn redemption from its largest client – Phoenix Group. This contributed to a decrease in assets under management (AuM) from &poun

Barclays reported a strong start to 2025, with first-quarter pre-tax profits reaching £2.7 billion, comfortably exceeding analyst expectations of £2.5bn. The bank's shares rose over 1.5% following the announcement, but have since retraced during the day's trading.

Plans to reward people who report corporate crime within their own organisation are to be taken forward by the UK’s Serious Fraud Office (SFO) over the next year, writes Tom Stocker. In its latest annual business plan the SFO lists “progress whistleblower incentivisation reform” as

Inheritance Tax (IHT) receipts reached a record £8.2 billion in the 2024-25 tax year, up from £7.5bn previously, HMRC has revealed.

Venture capital (VC) investment into Scotland’s start-up and scaling businesses reached over £90 million in the opening quarter of 2025, according to the latest KPMG Private Enterprise Venture Pulse report. Twenty-six investments were concluded in the region, highlighting sustained appet

Clean technology firm H2CHP has received £800,000 in new funding from TRICAPITAL Angels and Blackfinch Ventures to advance its innovative free-piston engine designed to help decarbonise the shipping sector. This latest investment brings the total raised by the company to nearly £4 millio

Simon McKeating discusses the vital role of Scotland's food and drink industry in meeting the nation's 2045 Net Zero target, addressing common misconceptions, outlining the challenges and opportunities involved, and stressing the importance of a 'just transition' for the sector. Every day that passe

Aberdeen-headquartered Wood Group has received a takeover offer for 35p per share or £242 million from Sidara, a Dubai-based engineering and consultancy firm.   

Forvis Mazars has reported its fifteenth consecutive year of growth in the UK, recording revenue of £362.4 million – an increase of 8.3% – for the year ending 31 August 2024. This growth continued unabated following the firm's global network formation on 1 June 2024. Across the UK,

A Scottish boarding school has become the first in the UK to accept bitcoin as a form of school fee payment.

Shona Campbell of Henderson Loggie has been appointed as administrator to Air Service Training (Engineering) Limited (AST), a wholly owned subsidiary of UHI Perth – a partner of the University of the Highlands and Islands. Based at Perth Airport, AST was established in 1931 to provide approved