News

The UK government has formalised an amendment to the Pension Schemes Bill, marking a shift in how retirement funds can access private markets. By backing down on previous restrictive language, ministers have ensured that the new legislation remains "wrapper agnostic", focusing on the quality an

Aberdeen Investments’ Strategic Insurance Group has been appointed by Flood Re, the UK’s government‑backed flood reinsurance scheme, to manage a c. £1 billion credit mandate following a competitive public procurement process.

The collapse of Glasgow-based Hydrogen Vehicle Systems Ltd (HVS) into administration has culminated in a pre-pack sale of the business, a move designed to salvage the company’s intellectual property but one that has resulted in significant job losses. The Scottish truck manufacturer, which onc

Santander UK's pre-tax profits declined 44% to £202 million in its first-quarter results for 2026.

Energy and heating specialist David Hilton will be among the speakers at this year’s Homebuilding and Renovating Show in Glasgow, taking place on 9 and 10 May at the SEC, where he will lead discussions on retrofit and home heating upgrades as pressure continues to build on the UK’s exis

Christine Convy, Chartered Accountant and Licensed insolvency practitioner at Dunedin Advisory Limited, has been appointed interim liquidator of KNS Shopfit (UK) Ltd. The company, which operated from premises in Carluke providing shop fitting services to a variety of retail customers ceased trading

Scotland’s economy experienced a modest expansion in the three months to February 2026, with onshore GDP rising by 0.2%. This followed a marginal increase of 0.1% in the preceding three-month period ending in January. While monthly figures for February showed slight growth of 0.1%, this repres

In a significant shift from its digital-only roots, the fintech giant Revolut has confirmed plans to open its first permanent physical store in Barcelona.

Lloyds Banking Group has posted a 33% rise in statutory profit before tax to £2.0 billion, for the first quarter of 2026, but has shared concerns over the economic impact of the Middle East conflict. The Bank of Scotland-owner's Q1 growth was underpinned by an 8% rise in underlying net interes

The Housing Finance Corporation has pledged £550 million in funding to support the delivery of affordable housing across Scotland, Wales and Northern Ireland.

A Luton entrepreneur who built a £2 million business from discarded doors is set to receive a King’s Award for Enterprise – while standing in a skip, the very place his company began.

Royal Bank of Scotland-owner NatWest Group's annual general meeting in Edinburgh was thrown into disarray after protesters disrupted proceedings for approximately half an hour, forcing the bank to temporarily halt its shareholder meeting. As chairman Rick Haythornthwaite was delivering his opening s

An independent report published today has outlined the economic priorities facing Aberdeen and the wider North East region, calling for continued investment in productivity, diversification, and infrastructure to build a more resilient local economy.

The Finance Conduct Authority (FCA) has secured a clearer path for its £9.1 billion motor finance compensation scheme after The Finance and Leasing Association (FLA) joined major banks in declining to mount a legal challenge. The industry body, which represents the UK's motor finance firms, sa

Investors are braced for more modest returns over the next five years following a strong run for markets in recent years, new research from Scottish Friendly has revealed. The mutual’s latest Family Finance Tracker shows that three-quarters (75%) of investors expect total returns of less than