News

The Financial Reporting Council (FRC) has imposed substantial sanctions on two former group finance directors of Carillion plc, drawing to a close one of the most far-reaching regulatory investigations into a UK corporate failure in recent memory. Richard Adam, Carillion's former group finance direc

Morgan Stanley has confirmed the appointment of Angela McCann as head of Glasgow, where she will oversee the firm's Glasgow office and its contribution to a wide range of business functions central to Morgan Stanley's global operations. Having joined Morgan Stanley in 2006, she brings over two decad

The Scottish National Investment Bank has invested £50 million ​into L&G’s Build to Rent (BTR) Fund, supporting the delivery of high-quality, purpose-built privately rented homes across Scotland. The Bank’s participation in the fund aims to attract more capital to the Scottis

Boutique commercial insurance advisory Monteith has appointed Scott McLaws as a director and equity partner. Mr McLaws joins the firm from London-based brokerage James Hallam and will work alongside managing director Scott McLuskey as Monteith continues to grow at pace.

A new specialist finance platform has launched with the aim of transforming how small and medium-sized businesses in the construction and manufacturing sectors access funding. SME Funded has been designed as a one-stop solution, connecting business owners with more than 130 lenders alongside its own

Henderson Loggie's corporate finance team has advised immersive entertainment and technology company Esk on its £2.6 million funding round led by Maven Capital Partners, with capital provided by the Maven VCTs and the Investment Fund for Scotland. The firm guided Esk through a transaction it v

The Financial Conduct Authority is grappling with a sharp rise in whistleblowing reports, with new data suggesting the watchdog is struggling to keep pace with its growing caseload. According to figures published by the regulator, the volume of whistleblowing reports submitted in the UK climbed by a

The Financial Conduct Authority (FCA) has issued fresh guidance to firms and consumers following legal challenges to its motor finance compensation scheme, confirming that a tribunal hearing is unlikely before October. The regulator reaffirmed that its priorities remain securing fair compensation fo

Maven Capital Partners has led a £2.6 million funding round in Edinburgh-based Esk Film Services, a global entertainment technology company that produces high-end live experiences for blue-chip brands. The funding was provided by the Maven VCTs and the British Business Bank’s Investment

Aberdeen-headquartered corporate finance firm Quantify Advisors has appointed Ryan Clark as a new corporate finance manager as it marks its second anniversary in business. Mr Clark joins the independent firm after eight years at Deloitte, where he worked as an Assistant Manager and subsequently as m

Following the Scottish parliamentary election results, the Institute of Chartered Accountants of Scotland (ICAS) has congratulated the SNP on becoming the largest party in Scotland's new Parliament and is calling for ambitious long-term policies to deliver investment and unlock growth across the cou

Nearly 590,000 Americans who paid deposits of £74 for Donald Trump's gold-plated T1 smartphone have been faced with the reality that their money, totalling roughly £43.7 million, is gone, and the device may never exist. Unveiled by Donald Trump Jr and Eric Trump at Trump Tower in June 20

With around six months to go until all pension providers and occupational schemes must be connected to the UK's new MoneyHelper Pensions Dashboard, four in five (80%) UK adults remain unaware of the initiative, according to new research from KPMG UK. Awareness is lowest among those closest to retire

Bank of Scotland-owner Lloyds Banking Group has launched Envoy, a new internal platform that provides a secure and governed way to build and run AI agents across the organisation. Envoy supports the group’s ambition to scale agentic AI responsibly, helping colleagues work more efficiently whil

The Bank of England (BoE) is facing mounting pressure from economists to scale back its quantitative tightening (QT) programme, with critics warning that the costly approach is exacerbating the UK's borrowing costs and straining public finances at an already precarious moment. The fresh wave of scru