Anne Boden, the founder of Starling Bank, is to step down from her role as CEO, effective from 30 June, transitioning to a non-executive role on the board. John Mountain, the current COO, will assume interim CEO responsibilities, steering the digital bank into its forthcoming growth phase.
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Perth-based power generator and network operator, SSE, has revealed a near doubling of annual profits, driven by surging energy prices which fuelled a boom for its gas-fired power plants.
A report, sponsored by Scottish Enterprise and conducted by Deep Knowledge Analytics, has forecast blockchain technology contributing £4.48 billion to Scotland's GDP by 2030. The study, Blockchain Industry in Scotland Landscape Overview: Companies, Investors, Influencers and Trends, is the fir
Law firm Davidson Chalmers Stewart has appointed dispute resolution solicitor Ewan McIntyre to its Glasgow team as partner. Mr McIntyre's career, spanning over thirty years, has seen him work with Scottish firms such as Burness Paull and Morton Fraser where he was head of the firm’s litigation
Scottish Building Society, celebrating its 175th anniversary, reported a pretax profit of £3.3 million and has steadily grown its customer base. The Society's mortgage assets have increased by £42m to £496m, while its savings balances grew to £418m. Contrary to other financia
Lloyds Banking Group and homelessness charity Crisis have joined forces in a new two-year partnership to help tackle the shortage of good quality, affordable homes in Great Britain, which is leaving hundreds of thousands of people trapped in homelessness.
Law firm Aberdein Considine has partnered with Scottish youth football player representative Darren Walker as it continues to strengthen its sports law practice. Mr Walker, who acts for many promising young footballers across Scotland, will be working with Aberdein Considine as a consultant as the f
Artisanal Spirits Company (ASC), owner of The Scotch Malt Whisky Society (SMWS), reported better-than-expected financial results for the year ended 31 December 2022.
The Housing Finance Corporation (THFC) has unveiled a £2 billion finance vehicle designed to help housing associations deliver on their sustainability objectives across new and existing homes.
A new report has highlighted that The Young Person’s Guarantee (YPG) has created more than 22,000 or training opportunities for 16-24-year-olds since 2020. The Young Person’s Guarantee was designed to help avoid a surge in youth unemployment following the COVID-19 pandemic. It aims to pr
Scotland's fourth largest independent law firm, Thorntons, has seen its turnover and operating profits returned to pre-Covid growth rates with both increasing by more than 10% compared with the previous year. Turnover increased by 12%, hitting £35 million with operating profit growing by 11% t
UK-wide tanning salon chain Indigo Sun has reported record results with a turnover of over £26 million and nearly £5.6m pre-tax profit in its latest financial year ending September 2022. The family-owned Scottish business has seen both turnover and profits double on the previous financia
The Scottish Government has voted to provide an additional £223 million to local authorities to support pay awards to staff as part of the 2023-24 Scottish Budget. Deputy First Minister John Swinney said an improving financial position enabled him to address some pressing asks. The extra money
Edinburgh-based Stellar Omada has recorded revenue of £16.3 million in the year to 31st December 2022, up from £9.1m in the previous year. The company, which specialises in programme delivery and service management, marked its 4th anniversary in 2022, and CEO Colin Frame says there will
Advanta Wealth, the wealth management company which has offices in Glasgow, Esher, Dundee and London, has announced a three year partnership with the Rugby Players Association (RPA).
