News

KPMG Glasgow has partnered with Nationwide to welcome Glasgow secondary school students into its city centre offices this week, giving them the chance to gain first-hand insight into the world of work.

Scottish house prices increased by 1.3% in the year to 31 March 2026, behind general inflation but marginally ahead of overall UK house price movements, according to the latest UK House Price Index.

Savers are being wrongly ordered to pay thousands of pounds in tax due to flawed calculations by HM Revenue & Customs (HMRC). Under rules introduced in 2016, financial institutions are required to report savers' annual interest earnings directly to the tax authority. This allows HMRC to automati

Aberdeen-founded AAB's financial planning arm, AAB Wealth, has continued its expansion by acquiring Hertfordshire-based BpH Wealth Management and Buckinghamshire-based Jane Smith Financial Planning. The double acquisition, which marks seven growth deals completed by the firm since 2023, increases AA

Samsung Electronics has narrowly averted a strike by striking a last-minute deal with its South Korean workers’ union, agreeing to distribute a massive 40 trillion won (c. £20 billion) in bonuses to its semiconductor workforce. Driven by an artificial intelligence infrastructure boom tha

Standard Chartered is set to axe approximately 7,800 jobs by 2030 as part of an aggressive shift towards artificial intelligence and automation. The London-headquartered banking giant, which employs around 82,000 staff globally, has revealed it intends to slash more than 15% of its back-office roles

Deloitte’s UK workforce is poised for significant financial rewards this year as the Big Four firm projects earnings that will surpass its internal profit targets.

Nationwide Building Society has posted statutory pre-tax profit of £1.49 billion for the year ending 31 March 2026, continuing its expansion into a major force in UK retail banking under the leadership of chief executive officer Dame Debbie Crosbie. While this figure sits below the prior

The Financial Reporting Council (FRC) has finalised its 2025/26 annual review of FRS 101, concluding that no major structural changes are required for the reduced disclosure framework.

Pluto Finance has completed three loans to fund the delivery of 184 new homes across Edinburgh, in a further step expanding the specialist lender's presence in Scotland. The projects, located at York Lane, Cammo and Slateford, are being delivered by experienced developers and, Pluto said, meet the h

The FSE Group has secured an additional £12 million commitment from the British Business Bank into the Investment Fund for Scotland Debt Fund, bringing the total size of the fund to £52m. The FSE Group manages the Debt Fund on behalf of the British Business Bank and is responsible for de

Iain Henderson has been named as BDO's next senior partner following a vote by the firm's equity partners. He will take office on 1 October 2026, succeeding Matthew White, who will have completed the maximum of two four-year terms in the role.

Burges Salmon's Scottish team has advised on transactions with a combined value of more than £1.5 billion over the past 12 months, highlighting the strength of its Edinburgh-based practice across the UK and internationally. The work spans a broad range of practice areas including banking &

Bk plus has appointed Calvin Bond as corporate finance partner, joining the firm's Glasgow office. Mr Bond will lead its Scottish deal advisory offering, advising SMEs, owner-managed businesses, private equity-backed businesses and private equity clients on acquisitions, business sales, growth fundi

The chief executive of a US firm has defended his decision to eliminate the company’s HR department, arguing the team had been “creating problems that didn’t exist”. Ryan Breslow, co-founder and chief executive of Bolt, made the comments after the company cut around 30% of it