News

Christine Convy, Chartered Accountant and Licensed insolvency practitioner at Dunedin Advisory Limited, has been appointed interim liquidator of KNS Shopfit (UK) Ltd. The company, which operated from premises in Carluke providing shop fitting services to a variety of retail customers ceased trading

Scotland’s economy experienced a modest expansion in the three months to February 2026, with onshore GDP rising by 0.2%. This followed a marginal increase of 0.1% in the preceding three-month period ending in January. While monthly figures for February showed slight growth of 0.1%, this repres

In a significant shift from its digital-only roots, the fintech giant Revolut has confirmed plans to open its first permanent physical store in Barcelona.

Lloyds Banking Group has posted a 33% rise in statutory profit before tax to £2.0 billion, for the first quarter of 2026, but has shared concerns over the economic impact of the Middle East conflict. The Bank of Scotland-owner's Q1 growth was underpinned by an 8% rise in underlying net interes

The Housing Finance Corporation has pledged £550 million in funding to support the delivery of affordable housing across Scotland, Wales and Northern Ireland.

A Luton entrepreneur who built a £2 million business from discarded doors is set to receive a King’s Award for Enterprise – while standing in a skip, the very place his company began.

Royal Bank of Scotland-owner NatWest Group's annual general meeting in Edinburgh was thrown into disarray after protesters disrupted proceedings for approximately half an hour, forcing the bank to temporarily halt its shareholder meeting. As chairman Rick Haythornthwaite was delivering his opening s

An independent report published today has outlined the economic priorities facing Aberdeen and the wider North East region, calling for continued investment in productivity, diversification, and infrastructure to build a more resilient local economy.

The Finance Conduct Authority (FCA) has secured a clearer path for its £9.1 billion motor finance compensation scheme after The Finance and Leasing Association (FLA) joined major banks in declining to mount a legal challenge. The industry body, which represents the UK's motor finance firms, sa

Investors are braced for more modest returns over the next five years following a strong run for markets in recent years, new research from Scottish Friendly has revealed. The mutual’s latest Family Finance Tracker shows that three-quarters (75%) of investors expect total returns of less than

A Nationwide customer could join the building society's board for the first time in nearly a quarter of a century, after a longstanding member secured enough support to appear on the lender's annual ballot. James Sherwin-Smith, a 45-year-old from West Sussex, will stand for election at Nationwide's

Barclays shares fell more than 3% in early trading on Tuesday despite the banking group posting a solid set of first-quarter results, as a record-breaking performance from its investment bank was partly overshadowed by a £228 million hit from the collapse of mortgage lender Market Financial So

The first NatWest remortgage transaction to complete on the PEXA platform did so within two working days from mortgage offer, giving evidence of the benefits of digitisation and automation in the remortgage process. The transaction is much faster than the typical UK remortgage timeline of four to si

As Scotland approaches a pivotal election, low confidence in the Scottish economy is already holding back investment and job creation at a time when Scotland can least afford it, the Institute of Chartered Accountants of Scotland (ICAS) has warned. Results of a survey of ICAS members following the S

Taiwan's stock market is now worth more than the United Kingdom's, according to recent Bloomberg data, despite the island's economy being less than a quarter the size of the UK's.