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HSBC Group reported its 2022 Q3 results and subsequently announced the appointment of Georges Elhedery as group CFO and an executive director of the board as well as the appointment of Greg Guyett as chief executive of global banking and markets (GBM). Mr Guyett's appointment is effective

The chancellor, Jeremy Hunt, has announced that the government's fiscal statement will be delayed from October 31 to November 17. The new prime minister, Rishi Sunak, and chancellor agreed on the new date when they will set out a detailed plan to reduce debt and put in place a growth strategy for th

The founders of a Perth publishing firm have sold the company to their staff becoming completely employee owned and securing local jobs in the city.  Founded in 1991, Prepress Projects celebrated its 25th anniversary in 2016. It was then that the joint owners, wife Helen MacDonald and husb

A row has broken out over plans to build a new, bog-standard public toilet in San Francisco at a cost of $1.7 million (around £1.5 million). City councillors last week called a press conference to announce that Noe Valley, currently served only by a temporary portable toilet, would get a singl

Academics behind a new video games ecosystem project have given recommendations about how to address challenges holding back the Scottish videogame industry. The project, a joint endeavour between academics from the University of Glasgow and the University of Stirling, is aiming to create more succe

Alan Stewart, tax partner at Aberdeen-based Meston Reid & Co, gives insight on succession planning for farmers and their estates. One of the biggest concerns that any farmer could eventually face is when they decide to pass on their farm to the next generation.

New data from the Accountant in Bankruptcy (AiB) has shown an increase in both corporate and personal insolvencies. Corporate insolvencies rose to 270 for Q2 2022-23 up from 221 for the same period last year, a significant increase of 28%. Likewise total personal insolvencies reached 2,069, a 7.7% y

A Scottish equipment hire company, Your Equipment Solutions (Y.E.S), has made the move to employee ownership after handing control of the business over to its team. The firm's 29 jobs are in secure hands as the majority of the shares have been placed into an Employee Ownership Trust (EOT).

The Sustainable Aquaculture Innovation Centre (SAIC) has opened a new funding round for collaborative innovation projects, helping the sector to continue with vital research and development as cost-of-living pressures rise. More than £500,000 will be split between successful project proposals

A near 1.7 million invoices were overdue the books of Scottish businesses in the last quarter, according to new research from insolvency and restructuring trade body R3. R3’s analysis of data provided by Creditsafe shows 1,696,445 invoices were overdue in Scotland in Q3 – an increase of

Profit warnings issued by UK-listed companies have reached their highest third-quarter total since 2008, according to EY-Parthenon’s latest Profit Warnings report. In total, 86 profit warnings were issued between July and September 2022, compared to 51 in the same period of 2021, an increase o

A manuscript containing a passage from Charles Darwin’s On the Origin of Species is set to be sold at auction. The manuscript, which is expected to sell for between £530,000 and £700,000, will go on sale in November, The Guardian reports. 

The organisation behind Scotcoin – Scotland’s first and only digital currency – has struck what is thought to be the first cryptocurrency sponsorship deal in Scottish rugby. Scotcoin is now a sponsor of Glasgow Hutchesons’ Aloysians (GHA) rugby union club. The Giffnock-based

EY has welcomed 13 partners along with nearly 100 new graduates and apprentices to its Scotland practice this year as part of the firm’s continued investment in its Scottish business. Across the UK, EY strengthened its partnership with 120 new equity partners – including the promotion of

In a bid to clamp down on greenwashing, the Financial Conduct Authority (FCA) is proposing a package of new measures including investment product sustainability labels and restrictions on how terms like ‘ESG’, ‘green’ or ‘sustainable’ can be used. The measures are