News

MHA, which has offices in Edinburgh and Aberdeen, has posted a trading update showing revenue growth of 12% and adjusted earnings ahead of market expectations, for the year ended 31 March 2026. Group revenue rose to approximately £251 million for FY26, up from £224.2m in the prior year,

Edinburgh-headquartered Brodies has appointed Jonathan Lee as its new chief financial officer. Mr Lee will join the operational leadership team, bringing with him more than two decades of experience in financial services. Prior to joining the firm, he was director of finance and investment operation

Edinburgh Worldwide Investment Trust, which suffered a boardoom bloodbath last week, has announced a new chair and said Baillie Gifford will remain as manager. Gabriel Gliksberg, one of three new directors elected after the coup led by Saba Capital Management, becomes chair and a recruitment consult

FTSE 100 savings and investment group M&G plc has reported a return to positive net inflows in the first quarter of 2026, swinging back into growth despite a volatile geopolitical and market backdrop. The group recorded £0.6 billion of net inflows from open business in the three months to

Rathbones Group plc has reported a 9.4% rise in operating income for the first quarter of 2026, even as the FTSE 250 wealth manager continued to absorb tax-related withdrawals and persistent outflows from its lower-margin businesses. In a trading update issued ahead of its annual general meeting tod

Inverness-based investment group Envoy has announced a majority investment in Ecosystems Technologies, an award-winning business which designs and manufactures sustainable timber-based modular buildings. The deal marks Envoy’s 30th investment since its inception in 2019, and was announced at t

Azets has appointed Matt Garside as debt advisory director for Scotland. Based in the firm's Edinburgh office, Mr Garside will support Scottish businesses seeking commercial, strategic finance packages, including invoice financing, asset-based lending and raising new or additional finance.

The Financial Conduct Authority (FCA) has launched a formal investigation into three of the world's largest payments companies – Mastercard, Visa and PayPal – over suspected anti-competitive conduct linked to the funding and usage of PayPal's digital wallet in the UK.

Downing Property Finance has continued to support best-in-class development in the purpose-built student accommodation (PBSA) sector across the UK after completing three deals worth around £47.5 million. The loans in Glasgow, Bristol and Manchester underline the capabilities of the lender as i

Aberdeen Investments has reached an agreement to become the new manager of Herald Investment Trust plc (HRI), in a deal that brings approximately £1.6 billion in combined assets under its management and resolves a long-running standoff with activist investor Saba Capital Management. Under the

AMS Accountants Group has acquired Aberdeen-based accountancy and advisory firm Infinity Partnership, as it continues its expansion into the Scottish market. Infinity, which employs 35 people and serves over 1,500 clients, will form the foundation of AMS’s operations in Scotland. The firm&rsqu

Dains has strengthened its leadership team in Scotland with two new partner and two director appointments, as part of 100 promotions across the UK and Ireland. Brian Thomson has been promoted to audit partner and Ian Brown to indirect tax partner.

Two metal detectorists hoping for a quiet start to the season instead stumbled upon the largest Viking Age coin hoard ever discovered in Norway, and the beeping still hasn't stopped. When Vegard Sørlie and Rune Sætre swept a field at Mørstad farm near Rena in eastern Norway, they

More than 30 business figures have made a public commitment to support Scottish Labour leader Anas Sarwar to be First Minister. The entrepreneurs and company owners say Mr Sarwar would be “transformational” for businesses who accuse the SNP of failing to understand the economy.

Diageo has reported a surprise return to sales growth in its third quarter, helped by distributors stocking up ahead of the Fifa World Cup, even as the drinks giant continues to grapple with a steep downturn in its critical US market. The FTSE 100 company, which owns brands including Johnnie Walker,