News

Marlene Shiels, CEO of Capital Credit Union, has warned that Scots must build better financial resilience or risk financial disaster in the future. With many relying on credit and "buy now, pay later" schemes to cope with unexpected costs, Ms Shiels stresses the importance of building a financial sa

NatWest Group has posted a 26% jump in third-quarter profits to £1.7bn, exceeding expectations and raising its income forecast for the year. This strong performance comes despite a challenging UK economic outlook and follows a trend of positive results from other major UK banks.

Network Rail and its key suppliers have announced they will be hosting a networking event for SMEs keen to learn more about work available across Scotland’s Railway over the next five years.

Accountancy, business and financial advisory firm Armstrong Watson has acquired Glasgow-based accountancy practice Parkhill Mackie & Co. The merger, which completed last week, will see Parkhill Mackie’s 11 staff, including partners Linda Parkhill and Sandra Mackie join Armstrong Watson&rsq

Commercial real estate and investment management company Jones Lang LaSalle (JLL) is to help promote Associated British Ports' (ABP) sizeable and diverse property portfolio across 21 port locations in England, Scotland and Wales.  As part of the partnership, ABP and JLL will raise market awaren

Lloyds Banking Group’s Jackie Leiper has been appointed as deputy chair of Scottish Financial Enterprise. Ms Leiper brings over 25 years’ experience in financial services to the role. She joined Lloyds Banking Group in 2010 and is currently the firm’s chief customer and distributio

Scottish construction firm Algo has bounced back from losses in 2023 to achieve a pre-tax profit of £1.5 million for the year ending 30 June 2024. The Perth-based company attributed the previous year's losses to rising material costs impacting local government housing contracts.

A motorist has been fined after being caught driving in a dedicated carpool lane with a plastic skeleton in the passenger seat. The Halloween decoration, spooky enough in itself, was also wearing a mask resembling that of Ghostface in the Scream horror film series.

Experts are set to share perspectives and insights on Capital Market Actors and their Potential to Address Modern Slavery – the last of Scotland Against Modern Slavery’s (SAMS) four-part accelerator series which focuses upon slavery in global supply chains. The online event will take pla

There has been an alarming increase over the past three years in accusations of financial wrongdoing made against journalists in an attempt to silence them, according to a new report from UNESCO. Of 120 cases reviewed by UNESCO dating from 2005-2024, 60 per cent occurred between 2019-2023.

Companies House has published its first ever strategic intelligence assessment as it steps up its work to tackle economic crime.  The strategic intelligence assessment gives an analysis of the key threats Companies House faces. It aims to guide future prioritisation, decision making, risk ident

Actor and debt campaigner Michael Sheen has joined calls for the government to pass legislation to help tackle the crisis of unaffordable credit and problem debt in the UK. In 2022-2023, more than nine million individuals were declined for credit, with millions relying on pay-day-lenders and buy-now

Scotland’s two largest cities have both improved their position in the latest Z/Yen Global Green Finance Index, underlining Scotland’s global reputation and potential in green finance. Edinburgh climbed five places to 19th, while Glasgow jumped eight places to 36th London also retained i

Barclays has exceeded profit forecasts for the third quarter of 2024, driven by strong performance in its investment banking division.

Cazenove Capital, Schroders' wealth management arm in the UK, has appointed Sandra Dailidyte as portfolio manager in Edinburgh. This newly created role reinforces Cazenove Capital's commitment its rapidly expanding community of entrepreneurs and business owners in Scotland. Ms Dailidyte's appointmen