News

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

In this edition of our Just A Minute Q&A series, we speak to Tony Cochrane, VAT director at Glasgow-based VITA – VAT & Indirect Tax Advisors. I started working at HMRC’s Glasgow VAT office in 2006. I received offers for generic finance graduate roles in London, but my heart wasn&

MHA, which has offices in Edinburgh and Aberdeen, has posted a trading update showing revenue growth of 12% and adjusted earnings ahead of market expectations, for the year ended 31 March 2026. Group revenue rose to approximately £251 million for FY26, up from £224.2m in the prior year,

Edinburgh-headquartered Brodies has appointed Jonathan Lee as its new chief financial officer. Mr Lee will join the operational leadership team, bringing with him more than two decades of experience in financial services. Prior to joining the firm, he was director of finance and investment operation

Edinburgh Worldwide Investment Trust, which suffered a boardoom bloodbath last week, has announced a new chair and said Baillie Gifford will remain as manager. Gabriel Gliksberg, one of three new directors elected after the coup led by Saba Capital Management, becomes chair and a recruitment consult

Three residents of a condominium complex in downtown Denver are suing a gym they claim has made their homes unliveable because of groaning weightlifters. The lawsuit, filed in Denver County District Court, accuses Summit Strong gym of allowing “unreasonably loud weightlifting-related noises&rd

FTSE 100 savings and investment group M&G plc has reported a return to positive net inflows in the first quarter of 2026, swinging back into growth despite a volatile geopolitical and market backdrop. The group recorded £0.6 billion of net inflows from open business in the three months to

Rathbones Group plc has reported a 9.4% rise in operating income for the first quarter of 2026, even as the FTSE 250 wealth manager continued to absorb tax-related withdrawals and persistent outflows from its lower-margin businesses. In a trading update issued ahead of its annual general meeting tod

Inverness-based investment group Envoy has announced a majority investment in Ecosystems Technologies, an award-winning business which designs and manufactures sustainable timber-based modular buildings. The deal marks Envoy’s 30th investment since its inception in 2019, and was announced at t

Azets has appointed Matt Garside as debt advisory director for Scotland. Based in the firm's Edinburgh office, Mr Garside will support Scottish businesses seeking commercial, strategic finance packages, including invoice financing, asset-based lending and raising new or additional finance.

The Financial Conduct Authority (FCA) has launched a formal investigation into three of the world's largest payments companies – Mastercard, Visa and PayPal – over suspected anti-competitive conduct linked to the funding and usage of PayPal's digital wallet in the UK.

Downing Property Finance has continued to support best-in-class development in the purpose-built student accommodation (PBSA) sector across the UK after completing three deals worth around £47.5 million. The loans in Glasgow, Bristol and Manchester underline the capabilities of the lender as i

Aberdeen Investments has reached an agreement to become the new manager of Herald Investment Trust plc (HRI), in a deal that brings approximately £1.6 billion in combined assets under its management and resolves a long-running standoff with activist investor Saba Capital Management. Under the