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Lloyds Banking Group has reported a pretax profit of £2.3 billion for Q1 2023, surpassing analyst expectations and marking a significant increase from the £1.5bn in Q1 2022.

Natwest Group has reported a Q1 pretax operating profit of £1.8 billion, significantly surpassing analysts' expectations of £1.6bn and marking a more than 50% increase from the £1.2bn recorded during the same period last year.

A bumper team of 50 walkers from accountancy and business advisory firm, Johnston Carmichael, will be lacing up their walking boots and taking to the streets of Glasgow to take part in the Kiltwalk this weekend. This is the biggest contingent of staff members at Johnston Carmichael to date to sign u

Recent TSB data analysis revealed a significant increase in gambling transactions among its customers between 2020 and 2022. The number of customers making more than four bets a day surged by 45%, with 8,100 customers engaging in this behaviour. The number of people gambling for more than four days

The Scottish Building Society has reaffirmed its commitment to Scotland's high streets by unveiling its revamped Galashiels relationship centre on Bank Street, part of a nationwide investment in its physical branches. CEO Paul Denton joined staff and local members in celebrating the refurbishment, w

St Andrews-based impact investment firm Eos has added to its portfolio and team following a record year of activity in 2022. Investee companies are up to 18, with the latest investment in Edinburgh-headquartered robotic rehabilitation specialist Bioliberty during Q1.

Financial mutual Scottish Friendly has reported record sales of £47.7 million APE for 2022. Total sales increased from £46.9m in 2021 to £47.7m in 2022. Although sales of Scottish Friendly’s own-brand investment ISAs decreased by 22% to £14.3m, protection sales increase

Corporate insolvencies in Scotland have reached an eleven year high, with 1,132 insolvencies recorded in the year 2022-23.

Regional airport operator Highlands and Islands Airports Limited (HIAL) has reported significant year-on-year passenger numbers increases across its 11 regional airports. The company said passenger numbers for 2022/23 have increased by 38.7 per cent year-on-year, with the figures now approaching pre

Persimmon has made an equity investment in volumetric modular house builder TopHat, establishing a strategic partnership between the two businesses.

Governor Andrew Bailey has revealed that the Bank of England is contemplating reforms to the UK's bank deposit insurance guarantee scheme, which may result in increased protection for customers.

Responsible finance provider Social Investment Scotland (SIS) has appointed four new board members. Joining the board and bringing a wealth of experience are, Caroline McLaughlin, Ian Mitchelmore, Samantha Bett and Kathleen McLeay.

EQ Accountants has supported Surface Heating Systems Ltd (SHS) with a vendor-initiated management buyout (VIMBO), allowing the owners to release some value from their business and put a robust succession plan in place. Founded in 1997 by directors Mick & Helen Cummings and Andrea Blyth, SHS

Research from KPMG UK has revealed significant reductions in consumer spending in 2023 and potential responses to the end of energy bill support payments in April.

After a successful 2022, in which WRC Recycling opened the doors to a £4 million Material Recovery Facility (MRF) to bolster business performance, the business has put its mark on 2023 with the appointment of two new directors ahead of the firm’s 25th anniversary celebrations this summer