News

A new strategic partnership will see the Law Society of Scotland work even more closely with Edinburgh-based technology company, Amiqus Resolution, as they develop and deliver software products to support law firms across Scotland. Amiqus has been a Law Society of Scotland-approved supplier for two

An unprecedented 82,791 UK homeowners released equity from their property wealth during 2018, according to year-end market figures from sector trade body the Equity Release Council.

Total new orders growth picked up in the three months to January, according to the latest Industrial Trends Survey for Scotland, with export and domestic orders both strengthening following declines in the previous quarter. But looking ahead, total new orders are expected to fall in the next th

Lloyds Bank is aiming to save £750 million annually on tech spending as it eyes a move to a new core banking platform. The Financial Times has reported that the new entity will be based on startup Thought Machine, which Lloyds paid £11 million for a 10 per cent stake in November, followi

Scotland’s largest non-domestic water supplier, Business Stream, has bought the customer base of its competitors Yorkshire Water Business Services  (YWBS) and Three-Sixty, both part of the Kelda Group, doubling its market share and cementing its position as one of the top three retai

During Q4 2018, growth in workloads within the Scottish commercial and industrial segments declined with a net balance of -14 and -7 per cent of respondents reporting a drop in activity, respectively, according to the results of the Q4 2018 RICS Construction and Infrastructure Market Survey. However

Edinburgh has been ranked as the UK city with the best prospects for economic growth in 2019, reflecting significant and increasing demand for residential and commercial property in the city and strong forecasted job growth.

Online banking giant Amazon has this week launched an all-electric, self-driving autonomous vehicle that will manoeuvre across pavements and deliver customers orders to their door.

A leading Scottish insolvency expert has expressed her "great concern" after latest figures showed the number of Scottish firms that failed last year rose 21.2 per cent - to their highest level since 2012. According to analysis of the latest Accountant in Bankruptcy (AiB) figures by accountants

Santander has today announced plans to "reshape its branch network", which means it will close 140 branches in the UK in what its says is a "response to changes in how customers are choosing to carry out their banking".

Joint chief executive of Standard Life Aberdeen, Martin Gilbert, has used his annual appearance at the World Economic Forum in Davos to reveal that his time at the forefront of Scotland’s investment scene could be coming to an end, 36 years after founding his company. Gilbert, 63, founded Aber

Edinburgh-based business angel syndicate Equity Gap is preparing for further expansion after its biggest year for investment deals to date. The group undertook 18 transactions during 2018, consisting of six with new companies to its portfolio and 12 follow-on funding rounds for existing clients with

Scottish Development International (SDI) has announced the successful conclusion of a new inward investment fintech project from Hong Kong, which will see financial services tech specialist Actelligent establish a new technology business in Edinburgh. The project, which follows proactive e

Scottish commercial law firm Burness Paull has won a high-value brief to support the independent body that protects customers of financial firms that have failed. The Financial Services Compensation Scheme (FSCS) has appointed eight law firms to form its second legal panel following a rigorous

The European Commission has fined payments giant Mastercard €573m ($650m, £504m) for anti-competitive behaviour. The regulator said Mastercard had be admonished for preventing retailers from utilising cheaper banking services outwith their home country.