News

UK Finance’s latest Annual Fraud Report shows its members reported that criminals stole £1.28 billion through payment fraud in 2025, an increase of four per cent. This demonstrates how fraud continues to operate on an industrial scale and is a national security threat.

Scottish Financial Enterprise (SFE) – in partnership with Royal Bank of Scotland, Financial Inclusion for Scotland and the Money and Pensions Service - has launched a new pilot programme, with the support of the FCA, aimed at improving young people’s access to bank accounts and strengthe

JRW Hogg & Thorburn has appointed Kirsten Hancock as Associate in Galashiels, Audrey Rankine as Associate in Peebles and Naomi Swan as Associate in Hawick.   With 9 Partners and 7 Associates, the firm has 6 offices across the Scottish Borders and Edinburgh.

Two letters penned by the abolitionist William Wilberforce have been sold at auction for nearly £4,000.

Followers on SCN’s popular LinkedIn platform have surged through the 34,000 mark for the first time, delivering even more value for advertisers - and last month the free daily newsletter attracted a further 147 subscribers, while unique visitors to the SCN website were up to over 94,000. The f

Beeks Financial Cloud, the Scotland-based markets technology enabler, has seen the value of new contracts signed this month hit $10 million. The Renfrewshire company has added a five-year software contract worth $3m with an existing analytics customer for the deployment of its intelligence software.

Standard Life chief executive Andy Briggs has attempted to allay concerns about what the acquisition of rival pensions company Aegon UK will mean for the two businesses.  The £2 billion deal announced in April has left employees and the wider sector awaiting news of what impact the tie-up

While total foreign direct investment (FDI) into Europe fell 7% year-on-year (yoy) and by 14% yoy in the UK in 2025, financial services FDI reached its highest volume since 2019, with projects up 21% yoy across the region, according to EY’s latest European Attractiveness Survey for Financial S

The Financial Stability Board (FSB) has published a consultation report on Sound Practices for Responsible Adoption of Artificial Intelligence (AI). The sound practices focus on AI-specific aspects and risks that are relevant to financial institutions and financial stability.

Ahead of new legislation expected to come into force in April 2027, the Financial Reporting Council (FRC) will develop technical actuarial guidance to help scheme actuaries certify that surplus payments to employers meet the legislative requirements. The UK Government is consulting on legislation un

SpaceX makes its long-awaited stock market debut today in what is expected to be the largest initial public offering in history.

Accountancy, business and financial advisory firm Armstrong Watson has secured a place in The Sunday Times 2026 Top 100 Apprenticeship Employers list, ranking 51st. The firm, which currently employs almost 200 trainees across Scotland and the North of England, featured in the Sunday Times list for a

Growth investor BGF has completed a successful exit from innovative well technology company isol8, as the firm has been acquired by global energy service company Archer. The acquisition of isol8 advances Archer’s strategy to become the well plug and abandonment (P&A) company of choice

The UK economy contracted by 0.1% in April, official figures show, as the conflict in the Middle East began to weigh on growth and energy prices climbed following Iran's closure of the strait of Hormuz. The fall in gross domestic product, which economists had anticipated, followed a 0.3% rise in Mar

Young people in Scotland are increasingly turning to AI tools and social media to guide their careers, in some cases replacing advice traditionally provided by parents and teachers, according to BDO. The firm's Young Minds 2026: The Unequal Advantage report, based on a survey of 2,000 18 to 25-year-