News

Entrepreneurs in Glasgow have received over £10 million in funding since the launch of the British Business Bank’s Start Up Loans programme in 2012, with 1,086 loans delivered to smaller businesses in the city. Business founders received an average of £9,223 to help them get starte

Fast‑growing and innovative financial services businesses can now apply for more support to help them grow. The FCA’s Scale-up Unit provides tailored support to firms, helping them navigate regulation so they can scale sustainably. The unit is now open to solo-regulated firms to apply.

UK CPI inflation slowed to 2.8% in April, down from 3.3% in March, marking its lowest level since March 2025.

Company insolvencies in Scotland rose by 6% year-on-year in April 2026, with 107 cases registered compared with the same month in 2025. The figure was made up of 53 creditors' voluntary liquidations (CVLs), 49 compulsory liquidations and five administrations. There were no company voluntary arrangem

Financial planners at wealth and asset management group Rathbones have reported a sharp rise in client queries ahead of plans to bring unused pension savings into inheritance tax (IHT) calculations from April next year. HMRC estimates that around 10,500 estates will face an inheritance tax bill for

Glasgow-based Murphy Wealth has reported record turnover and assets under management (AUM), a year after taking on investment from one of Europe’s largest financial advice groups. Despite the conflict in the Middle East leading to the market downturn of recent weeks, Murphy Wealth said AUM had

Aberdeen mortgage and property specialist Alex Hutcheon + Co Solicitors has strengthened its senior management team with the appointment of Tyler McCraw as director, tasked with overseeing the firm's expanding commercial and corporate division. It marks a return to the firm for Mr McCraw who began h

The UK government has introduced legislation it says will end the "scourge of late payments", delivering the toughest crackdown in a generation and giving small businesses greater certainty to invest, support jobs and grow. The Small Business Protections Bill, formally the Commercial Payments Bill,

The Lord of the Rings fans will soon be able to own one coin to rule them all as The Royal Mint has launched of its first collectable The Lord of the Rings 50p coin. The coin marks the 25th anniversary of Peter Jackson's Academy Award-winning film The Lord of the Rings: The Fellowship of the Ring. M

A detectorist who has been finding artefacts for two decades has made over £13,000 at auction after selling her finds. 

The Bank of England has begun a consultation on moving RTGS and CHAPS (the UK's high-value payment system) settlement hours towards near 24x7 operation.

Bank of Scotland-owner Lloyds Banking Group is considering phasing out Halifax.

Big Four audit firm PwC is being sued for $8 billion by the liquidators of the collapsed Chinese housing firm Evergrande. 

A private investment platform with a completed $2.5 billion capital stack for its first data centre is the clearest signal yet that Scotland has moved from competing for capital to being competed for. For two decades, the prevailing account of the Scottish economy has been one of lag: behind London,

OpenAI has released a preview of its new personal finance suite in ChatGPT to Pro users based in the United States. The "new personal finance experience" enables user to connect their financial accounts, see a dashboard of where their money is going and ask ChatGPT questions relating to their financ