News

JP Morgan has strengthened its UK retail banking operation by poaching Kunal Malani from Monzo, where he has served as chief banking officer since 2020. Mr Malani, a seasoned retail banker whose career includes stints at Barclays and HSBC, will now lead Chase UK, the Wall Street giant's digital bank

Business people in Glasgow were welcomed to an event celebrating the acquisition of Scottish Financial News by Hero Media & Entertainment, a newly-established division of the Hero Brands group. About 70 guests gathered for a reception on the rooftop terrace of the House of Gods hotel on Glassfor

HM Revenue & Customs has sharply increased its scrutiny of unpaid VAT, with investigations into large and medium-sized companies rising by nearly a third last year as the government intensifies efforts to close a £47 billion tax gap.

Scottish all trades insurance reinstatement company Insurepair is expanding into Spain as part of a major international growth plan. The new division of the Edinburgh-based firm will be called Insurepair Spain and will initially support the thousands of UK property owners, landlords and property man

Chancellor Rachel Reeves is convening a summit with the heads of UK banks this Wednesday to address the economic fallout from the war in Iran. The Chancellor has invited executives from Barclays, HSBC, Lloyds, NatWest, Santander UK and Nationwide to the meeting, which will include figures such as Na

Almost half (49%) of the 55 profit warnings issued by UK-listed companies in Q1 2026 cited the impact of policy change and geopolitical uncertainty as a leading factor, according to EY-Parthenon’s latest Profit Warnings report. This marked the highest quarterly proportion recorded for this cau

Deloitte is calling on Scotland’s most innovative and rapidly growing technology scale-ups to apply for the firm’s prestigious UK Technology Fast 50. The annual ranking celebrates the fastest-growing tech companies across the UK, based on average revenue growth over a three-year period.

Actor Pedro Pascal is contesting the use of a Chilean pisco brand name he argues is too close to his own. Entrepreneur David Herrera, 41, registered the name Pedro Piscal in 2023 and began selling the spirit in shops and restaurants. He said: “We tried a few names and Pedro Piscal stuck,&rdquo

MML Law has advised on the sale of Dundee Press Agency to Hero Media & Entertainment, supporting a significant transition for one of Scotland’s best-known specialist publishing businesses. Founded by Graham Ogilvy more than 40 years ago, Dundee Press Agency has grown into a major publishin

Morgan Sindall Group has sharply upgraded its profit expectations for 2026, signalling a stronger-than-anticipated year driven by robust performances in its Construction and Fit-Out divisions.

Scottish businesses employing foreign workers are being urged to ensure they do not risk their sponsor licences by overlooking new legal obligations. As part of UK government measures introduced last month (March 2026), employers must make sure that sponsored staff understand their full employment r

PwC is drawing up plans to overhaul its global consulting business, aiming to deliver a more seamless service to multinational clients and close the gap on more tightly integrated rivals. According to five people familiar with the effort, the blueprint being developed by international leaders would

NatWest Group has announced a new financial education offering designed to demystify investing, as part of its free Financial Foundations programme. The new investment-focused workshop, which will be available nationwide from May 2026, has been designed to help more people understand the basics of i

Company insolvencies in Scotland climbed 11% year-on-year in March 2026, with 131 cases registered compared to the same month in 2025. The total comprised 57 compulsory liquidations, 53 creditors' voluntary liquidations (CVLs), 18 administrations and three receivership appointments. No company volun

Nearly 60 businesses and organisations across the north-east of Scotland are collectively owed almost £2.4 million following the collapse of craft beer giant BrewDog, according to a report published by the company's administrators. The administrators' statement of proposals, compiled by Clare