News

Asset management consultancy firm Asset One, in collaboration with the University of Aberdeen, has launched its Summer Intern Research Project, focusing on "Enhancing Sustainability in Asset Management". This innovative project aligns with the UK’s Net Zero Strategy and the United Nations Sust

Scottish Financial Enterprise has welcomed the newly elected Labour government, following its landslide victory of over 400 seats in the general election.

The UK's largest banks have become engaged in a fierce competition to attract borrowers, resulting in significant cuts to mortgage rates. Halifax, HSBC UK, Barclays, Santander, Natwest, and Yorkshire Building Society are among those who have lowered their fixed-rate deals this week.

ACCA has called on Kier Starmer's new government to prioritise financial and economic policies within its first 100 days in office. The global accounting body says the government should specifically focus on improving HMRC services, encouraging domestic and international investment, and supporting s

Barrhead Travel has invested £250,000 in the future of Scotland's high streets through a series of store refits, expansions and new uniforms for customer-facing teams. The first half of this year has seen the revamp of four stores including the Gyle, Braehead, Newton Mearns and Glasgow Fo

Scottish PR agency Muckle Media has acquired 100 per cent of Spey's shares, making it a fully owned subsidiary.

The Institute of Chartered Accountants of Scotland (ICAS) has congratulated Sir Keir Starmer on winning yesterday's UK general election in a landslide. Following heavy losses for the Conservatives and SNP, and gains for the Liberal Democrats and other parties, the election resulted in a new Labour g

A former local authority employee who embezzled more than £1 million from Aberdeen City Council over a 17-year period has been imprisoned for four years. Michael Paterson, 59, set up an internal pathway which allowed him to fraudulently issue council tax refunds into his own bank account.

A team from wealth manager RBC Brewin Dolphin’s Edinburgh office has abseiled down the city’s famous Forth Rail Bridge to raise money for Scottish charity Harmeny Education Trust. The five participants, Judith Henderson, Audrey Mackie, Jill Somerville, Abigail Housley and Joss Mitchell,

Scottish veterinary diagnostics company, MI:RNA, has secured $4 million (around £3.13m) in Series A funding. Aiming to change the future of animal health treatments through improved, earlier diagnostics, the capital will be used to continue global growth plans and revolutionise animal health t

Monks Investment Trust, managed by Baillie Gifford, has sold its £20 million stake in Rio Tinto due to concerns over the mining giant's environmental and governance practices.

Lloyds Banking Group has announced it is shutting down 60 more branches, with 15 of them being Bank of Scotland outlets. This is part of a larger plan to close 190 branches this year and 47 more in 2025. The bank attributes this to the increasing popularity of digital banking, stating that usage of

Balmoral Group has appointed Sarah Jane Hogg as a non-executive director. Ms Hogg is currently chief executive of Friends of ANCHOR – a charity dedicated to supporting cancer and haematology patients in the North of Scotland.

Russia is expected to double its import tariffs on whisky as early as next month, in retaliation for Western sanctions. A Kremlin source said the country will increase the duty on "hard liquor from unfriendly countries” as it moves to counter foreign sanctions and boost domestic production. Th

Civil engineering firm Kilmac has reported a nearly 30% rise in profit to a record £1.7 million in the year to September 2023. The Dundee-based business saw turnover increase to a record £26.57m, up from £25.65m in the previous year.