News

Grandparents planning to provide regular financial support to their grandchildren may need tens of thousands of pounds more in pension savings to avoid compromising their own retirement, according to new analysis from Skipton Building Society.

UK inflation eased in June, with lower transport and food price pressures helping to bring the Consumer Prices Index (CPI) closer to the Bank of England's 2% target.

The Financial Reporting Council (FRC) has published its 2026 Annual Review of Audit Quality, concluding that while audit quality continues to improve across the UK market, significant differences remain between firms. The report highlights the importance of firms' Systems of Quality Management (SoQM

Financial services leader Sandy Begbie has urged the new UK government to avoid introducing new taxes and regulations that will undermine progress being made in the sector. Mr Begbie, chief executive of Scottish Financial Enterprise, will publish an update this week on the organisation's three-year-

Hero Media & Entertainment has announced the appointment of John Glover as editor of Scottish Financial News. He joins as Scotland's financial and related professional services sector continues to grow in scale and significance. 

Almost half of UK workers are not confident their pension will provide a comfortable retirement. The gap in pension confidence was highlighted in new research from digital workplace pension provider Penfold.

Another strong year of deal making has seen Edinburgh-based Shepherd and Wedderburn report a 6% rise in turnover to £83.1 million for the year ended 30 April, its ninth consecutive year of growth. Net profit improved by 2% to £36.7m, following the 20% increase in the previous financial y

The British Business Bank newly supported 1,500 smaller businesses in Scotland in 2025/26, with these businesses expected to create 1,900 new jobs and support a further 15,500 existing jobs, according to new figures. In its third annual Impact Report published today, the bank estimates the supported

A former trainee with Glasgow-based chartered accountants and chartered tax advisers Robertson Craig has been appointed Partner in the firm. Eilidh Kennedy steps up from the role of director, having first joined the company in 2006.

Amazon Web Services customers around the world were left stunned after a technical glitch generated eye-watering invoices worth billions – and, in one case, more than $1.5 trillion.

Finance leaders are becoming increasingly optimistic about the role artificial intelligence will play in improving business performance, with almost all expecting investment in digital technology to increase over the coming year, according to Deloitte's latest UK CFO Survey. The survey, conducted be

Two of the UK's largest accountancy firms have introduced enhanced redundancy packages as they seek to reduce staff numbers following a slowdown in voluntary departures.

Restructuring specialists FRP Advisory have been appointed joint administrators of Scottish housebuilder, Marturano Homes Houston Limited, which collapsed before work began on a planned residential development in Greenock. Michelle Elliot and Angus Carmichael, of FRP Advisory, were appointed joint a

Edinburgh-based financial planning firm Seven Street Wealth has announced a long-term succession plan after increasing turnover by 40% and expanding its team in the three years since completing a management buyout. The independent wealth management business, which advises individuals, families, trus

A record 76 funders backed Scottish companies with risk capital for the first time in 2025, up from 73 in 2024, according to the latest Annual Newcomers Report from Young Company Finance (YCF), which tracks the financing of early-stage companies in Scotland. More than 31% of Scotland's growth capita