News

PwC UK partners have seen their average pay drop to £862,000 this year, a 5% decrease from £906,000 last year. This comes as the firm's revenue growth slowed to 9%, down from 16% the previous year. Profits also fell by 14% to £1.1 billion.

Maven Capital Partners has completed a profitable exit from Edinburgh-based QikServe through a sale to business management software provider The Access Group, for an undisclosed sum. QikServe is a digital commerce platform, content management system, kiosk and mobile order and pay provider for the h

An anti-monarchy campaign group Republic has published a report alleging that the "true cost" of the monarchy to the public is now £510 million annually. This is significantly higher than the Sovereign Grant, which funds the Royal Family's official duties and is set for a significant increase

Scottish Friendly’s Family Finance Tracker has revealed that nearly half (46%) of women are opting to hold their long-term savings in a savings account, instead of more tax-friendly options such as a pension or ISA wrappers, compared to 39% of men. Meanwhile, 33% of men are opting to use pensi

Scotland’s FinTech Cluster celebrated the official opening of the Fintech Ward in the heart of the newly opened Edinburgh Futures Institute (EFI), with an event that also marked the launch of the much-anticipated FinTech Scotland Festival 2024. FinTech continues to grow in Scotland with 235 fi

The Financial Conduct Authority (FCA) is has announced plans to strengthen protection for customers of payments and e-money firms in case of business failure. Use of payments firms has grown in recent years, but the FCA says it continues to see poor safeguarding practices from firms.

Scotland's economy saw modest growth of 0.3% in July 2024, outperforming the stagnant UK economy. This follows a revised 0% growth (up from -0.3%) in June, contributing to a 0.3% increase in GDP for the three months leading to July. The manufacturing and information & communications sectors were

Glasgow-based communications agency BIG Partnership has appointed Joel Bransfield as its commercial operations director as the agency continues to experience sustained growth while focusing on its integrated offering. Mr Bransfield, formerly of Mediaworks, has joined as commercial operations di

Wright, Johnston & Mackenzie LLP (WJM) has been named Private Client Team of the Year at the Scottish Legal Awards.

Scotland is aiming to position itself as a global centre for green and sustainable finance and investment, with Deputy First Minister Kate Forbes spearheading efforts to collaborate with financial institutions. A new report from the Scottish Taskforce for Green and Sustainable Financial Services mak

The ambitious restoration of an 18th-century stately home in Selkirk bequeathed for the benefit of the community by its former owner, Andrew Nimmo-Smith, is one step closer to completion, following a £600,000 funding boost from responsible finance provider Social Investment Scotland (SIS). The

Pictured (L-R): MHA Edinburgh’s newest talent – Callum McEwan, Robbie Macaulay, Ali Armstrong, Iain Greig, Lewis Smith, Darcie Haggarty, Kyle Watkin, and Matthew McEvoy Accountancy firm MHA has welcomed 13 new student and graduate appointments across its Scottish offices.

Great British Energy is to be headquartered in Aberdeen, with two smaller sites in Edinburgh and Glasgow, the UK government has confirmed.

Michael Reid, partner at MHA in Aberdeen, has been appointed liquidator to Elgin-based Morlich Homes Ltd. At board meeting earlier this month, the North-east of Scotland housebuilder, which was incorporated in December 2010, made the decision to move to a formal liquidation process.

Crates of bananas delivered to a discount supermarket chain were found to contain €7 million (c. £5.85m) worth of cocaine. The drugs – 95 kilograms in total – were delivered to a number of stores in cities across the western German state of North-Rhine Westphalia, police said.