News

New Scottish SME challenger bank Alba has moved closer to launch next year after partnering with software company Temenos. Glasgow-based AlbaCo Limited, which is taking forward the project with a view to launching next year, will use the Swiss company's "end-to-end digital banking platform combined

There were more complaints about Bank of Scotland to the Financial Ombudsman Service (FOS) in the first half of the year than any other bank, according to new figures. There were 16,179 new complaints about Bank of Scotland between January and June 2019, down from 19,538 new complaints in the second

Barclays’ national network of Eagle Labs is set to host a series of free artificial intelligence (AI) themed Frenzy events across Scotland to inspire entrepreneurs and businesses to consider the opportunities being presented by the increasingly high-profile technology. The first of the AI Fren

Ten companies and individuals have been named as finalists across three categories for the Scottish Financial Services Awards 2019, run by Scottish Financial Enterprise (SFE) and sponsored by EY.

Despite one third still seeing the value in university, Scottish parents believe apprenticeships and on the job training are better for career prospects than a degree for their children, according to new research by Bank of Scotland. The research, conducted in partnership with YouGov as part of the

The first LGBT credit union, which will offer unique services including loans for transitioning trans people, has been given the go-ahead.

Big Four accountancy firm EY has appointed a new associate partner, Alan Maudsley, to lead a dedicated team in Scotland that will be focused on working with private mid-market (PMM) clients. Mr Maudsley was previously head of corporate development at Barclays and is well connected in the local busin

Derek Forsyth, head of business restructuring and insolvency at Campbell Dallas, has been appointed provisional liquidator of specialist deep cleaning business Macdet Hygiene Services Limited. The company, founded in 1988, provided an extensive range of deep cleaning and hygiene services for floor c

Edinburgh-based pensions provider Aegon UK will be headed up by Mike Holliday-Williams from next year, the firm has announced. The current chief executive, Adrian Grace, will retire from the position on 31 March 2020, The Scotsman reports.

Independent wrap platform provider Nucleus has announced a 7% increase in assets under administration to total £15.3 billion at the end of June. The Edinburgh-based company yesterday announced its unaudited interim results for the six months ending 30 June 2019.

Business education and membership organisation Entrepreneurial Scotland (ES) has announced the appointment of Sara Cook and Sean McGrath as directors. Ms Cook has been promoted to the new position of director of talent programmes, while Mr McGrath has been appointed as ES's new finance director.

A Scottish-based business which is aiming to revolutionise the lucrative lawncare market has secured investment of £400,000 in an initial funding round.

Scotland is on track to enjoy its best-ever year of inward investment for commercial real estate after attracting over £500 million in international capital in the first half of 2019, according to international real estate advisors Savills. Almost half (49%) of all investment (£575 milli

Plans to reintroduce a two-year post-study work visa for international students in the UK have been welcomed by universities and the Scottish Government.

More than a million Scots have benefited either directly or indirectly from the activities of social investor Social Investment Scotland (SIS) in the past year, according to the organisation’s latest annual Social Impact Report.