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Aberdeen Investments has promoted Kate McGrath to head of ESG, fixed income, succeeding Marianne Zangerl who has been appointed global head of multi asset and alternative investment solutions. Ms McGrath will report to Jonathan Mondillo, global head of fixed income at Aberdeen, and will work closely

The number of new technology companies incorporated in Scotland the first quarter of 2026 surged, despite geopolitical tensions and uncertainty, according to RSM UK. RSM’s analysis shows there were 687 new tech incorporations in Q1 2026, up 70% from 405 the same quarter last year, and increasi

Santander UK has completed its £2.65 billion all-cash acquisition of TSB Banking Group, finalising a deal that ranks as the single largest investment in the UK banking sector for over 15 years. Completion took place on 30 April 2026, following regulatory approval from the Prudential Regulation

Conveyancing solicitors and payroll teams in Scotland are among local professional advisers who may find themselves on the wrong side of the law from this month – with penalties of up to £10,000 for compliance breaches. They must, under the wide definition of ‘tax adviser’, m

Daily Business has published an obituary for Hamish Buchan, who has died at the age of 80. One of Scotland's leading investment trust analysts, Buchan spent 30 years at Edinburgh-based stockbroker Wood Mackenzie, where his team was consistently voted the UK's highest-rated for investment trust analy

Net borrowing of mortgage debt by individuals increased to £6.2 billion in March, from £5.2bn in February, above the previous 6-month average of £4.9bn, according to The Bank of England's latest Money and Credit release covering March 2026 The data points to a pickup in lending act

Glasgow-based Wbg has expanded into Ireland with the opening of a new office in Dublin, targeting public sector audit work. Located at 105-108 Lower Baggot Street in Dublin city centre, the office is serviced by a dedicated senior team with Graham Gillespie, partner and head of internal audit, and P

HSBC has reported a small drop in first-quarter profit after a sharp rise in credit charges, driven by a fraud-related exposure in its UK investment banking arm and the fallout from the conflict in the Middle East, overshadowed solid revenue growth across the lender's wealth and interest income busi

The Financial Reporting Council (FRC) has published the final revisions to two cornerstone UK auditing standards governing how auditors approach fraud risk and the assessment of an entity's ability to continue as a going concern. The updated standards, ISA (UK) 240 and ISA (UK) 570, were issued on 3

Glasgow-headquartered Startline Motor Finance has priced Satus 2026-1, a £452 million securitisation listed on the London Stock Exchange, marking the third issuance under its Satus programme. This issuance brings the proportion of assets under management funded through public securitisation to

A new report, Shaping Young People’s Financial Futures Together, from the Compassion in Financial Services Hub at the University of Edinburgh’s Futures Institute, in collaboration with Young Scot, is calling on banks, policymakers and financial providers to overhaul how they design produ

Video game retailer, and 2021 'meme stock', GameStop has launched a surprise $55.5 billion offer for eBay, valuing the e-commerce platform at $125 per share in a half-cash, half-stock deal.

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