News

ScottishPower has been named Investor of the Year at the British Business Awards, recognising the company’s record £24 billion investment in the UK’s clean energy future.

US President Donald Trump has announced the removal of tariffs on Scotch whisky imports, in a move that distillers have described as a significant boost for an industry that had been losing millions of pounds a week in the world's most lucrative export market. The decision, unveiled on Truth Social

Scottish jam and marmalade maker Mackays has narrowed its annual losses, with the Arbroath-based business reporting a pre-tax loss of £958,455 for the year ended 31 December 2025, compared to a restated loss of £1.22 million in the prior year – a reduction of around 22%. Turnover r

The Bank of England (BoE) and the Financial Conduct Authority (FCA) are at loggerheads over proposals to ease capital requirements for specialist trading firms, such as Citadel Securities, Jane Street and Hudson River Trading. The dispute was triggered by plans outlined by the FCA at the end of last

Competing in support of the ICAS Foundation at The London Marathon, outgoing ICAS president Karen Scholes CA and Foundation Alumni Ambassador Dean Scobie CA, have raised more than £30,000, with a final goal of reaching £35,000 to assist the next generation of accountancy professionals. M

Pinsent Masons has appointed financial services litigation specialist Stuart Murdoch as partner. Mr Murdoch joins the team in Edinburgh and will strengthen the firm’s disputes capability for financial institutions, funds and insurers in the UK and internationally.

Royal Bank of Scotland-owner NatWest Group has seen its operating profit before tax rise 12% to £2 billion, up from £1.8bn in the same period last year, for the first quarter of 2026. The growth was supported by a total income of £4.2bn (excluding notable items), representing a nea

NatWest Group has become the first UK bank to launch a dedicated application to assist homebuyers within ChatGPT. This development allows both existing customers and prospective homebuyers to access tailored mortgage and home-buying guidance directly through the AI platform.

Johnston Carmichael has strengthened its audit offering in Aberdeen with the appointment of Teresa Gilligan as audit director. Ms Gilligan joins the leading UK accountancy and business advisory firm with more than 17 years’ experience in audit and assurance, gained across Big Four and other pr

Property lending specialist Assetz Capital has completed a £2.73 million development facility to support the refinance and completion of a partly completed residential development in Midlothian.

CT has issued a new guide highlighting the main political parties’ tax policies in advance of the forthcoming Scottish Parliamentary elections. With an ever-increasing tax gap emerging between Scotland and the rest of the UK, the firm has analysed each party’s manifesto to show how the e

An Italian national who attempted to defraud a Singapore watch retailer has been sentenced to seven months in prison, in a case that hinged on one extraordinary irony: the watch he believed to be counterfeit was entirely genuine. Singh Deepak, 24, had purchased a Rolex GMT Saru from an acquaintance

The Edinburgh Worldwide Investment Trust (EWIT) is faced with a significant boardroom overhaul as the New York-based activist investor Saba Capital Management seizes control. At the trust's AGM, which took place today, Saba won the vote to appoint three directors to the trust’s board. With fiv

Aberdeen-based engineering specialist Brimmond has announced the promotion of Craig Yeoman to finance director, alongside his appointment to the company’s board of directors, as the business celebrates its 30th anniversary year. Mr Yeoman joined Brimmond in May 2024 as head of finance and has

Restructuring, turnaround and insolvency trade association, R3, has appointed Sonia Jordan, a solicitor and partner at Knights, with more than 30 years’ experience advising on corporate restructuring and recovery, as president. Ms Jordan has been actively involved with R3 for many years, most