News

Two of Aberdeen Group's ETFs, abrdn Future Supply Chains UCITS ETF and abrdn Future Raw Materials UCITS ETF, have reached their first anniversary, with both strategies delivering strong absolute and relative returns within their respective Morningstar categories and reinforcing their position as for

HSBC UK has provided a £3 million funding package to Woodlands Glencoe, a luxury resort in the Scottish Highlands owned and operated by the Young Family. The funding will be used to help ensure the destination resort remains under the stewardship of the family for generations to come. The Youn

New lending data from Funding Circle has signalled a shift in how SMEs use external finance, with borrowing for tax payments, working capital and debt refinancing all rising significantly, while growth-focused lending loses ground. The findings, based on analysis of 2025 data, carry practical implic

Deloitte UK has promoted over 6,000 of its people, including 48 new partners, following a very strong financial performance. The promotions, up from approximately 5,600 in 2025, come alongside a series of measures designed to reward skills and experience. Average in-grade salaries will rise by 4.2%,

Investors from France have bought nearly £200 million in Scottish commercial property since November, according to Knight Frank. The property firm's research found that French buyers purchased £183m of Scottish office buildings, retail outlets, industrial units, and other commercial prop

Income Tax and National Insurance have emerged as the taxes most urgently in need of reform, according to the first post-Scottish election poll of ICAS (Institute of Chartered Accountants of Scotland) members. New findings show that more than twice as many Chartered Accountants (39%) identified Inco

Peter Murrell purchased 108 toilet rolls using SNP funds just two days before Nicola Sturgeon urged the public not to panic buy at the start of the Covid pandemic, court documents show. The former SNP chief executive, who last week admitted embezzling more than £400,000 from the party between

Chancellor Rachel Reeves is set to introduce a 22% tax charge on interest earned from uninvested cash held within Stocks and Shares ISAs. Expected to take effect in April 2027, the proposed levy is designed to prevent savers from bypassing incoming restrictions on cash savings and to drive more dome

KPMG Australia chief executive Andrew Yates has resigned with immediate effect following the firm’s mishandling of whistleblower allegations concerning the widespread misuse of confidential client data. The departure of Mr Yates, alongside the resignation of audit and assurance head Julian McP

The Bank of England (BoE) is minded to hold interest rates steady despite the inflationary pressures triggered by the Middle East conflict, as Governor Andrew Bailey confirmed that the withdrawal of anticipated rate cuts has already effectively tightened monetary policy. Speaking at the Reykjav&iacu

An Aberdeen University academic has won a prestigious tax law award.

Aberdeen Investments has appointed Herman Bots as global head of its equities franchise, which has £46 billion assets under management and over 100 investors. He joins after seventeen years at APG, one of the world’s largest pension investors, most recently as managing director of equiti

Business confidence in Scotland rose two points during May to 50%, according to the latest Business Barometer from Bank of Scotland. Companies in Scotland reported higher confidence in their own trading outlook month-on-month, up nine points at 62%. When taken alongside their optimism in the economy

A Pembrokeshire couple who rescued two paintings from a skip while walking their dog have sold the artwork at auction for £16,000.

Russia has passed legislation allowing its central bank and a number of major financial and state institutions to operate their own anti-drone defence systems as Ukrainian long-range strikes continue to test Moscow’s air defences. The law, approved by the State Duma, authorises employees at Ru