News

The Association of British Insurers (ABI) has stressed that the fight against fraud must continue as its annual detected fraud data reveals that £1.16 billion worth of fraudulent general insurance claims were identified in 2024 – a 2% increase on the £1.14bn detected the previous y

From the start of December, UK bank customers will benefit from an increase to the maximum amount they would be reimbursed for if their bank were to fail.  

Asset manager Octopus Capital has raised an additional £100 million for its Affordable Housing Fund, with the Scottish National Investment Bank (SNIB) providing £50m of the funding. As an impact investor, aiming to secure both commercial returns and societal benefit, the bank’s fun

The Institute of Chartered Accountants of Scotland (ICAS) has appointed Katie Close CA as its new director of tax. Katie Close will lead the ICAS tax team, overseeing technical content and resources for over 24,000 members working in more than 85 countries.

Aberdeen, the specialist asset manager, has outlined six macro themes it believes will reshape investing in 2026 and beyond. The six themes are geopolitical risk, economic fragmentation, diversification, challenges to central bank independence, rising debt servicing costs, and US equity market conce

A family-run company that acquires care homes in distress and turns them into viable businesses has bought Bankhouse Care Home in Lesmahagow following a £2.5 million refinance package from Unity Trust Bank. Willie, Sam and Caroline McDonald, owners of Bellerose Care Ltd, bought 49-bedroom Bank

A wish-list of seven policies to boost hard-hit SMEs has been sent to the Chancellor by accountancy and business advisory firm Azets, which advises more than 80,000 SMEs. Praveen Gupta, Azets’ UK head of tax, called for Rachel Reeves to “encourage and enable SMEs to invest, innovate and

Liz Ziegler Around £2 million pounds in card chargebacks have been claimed back by Lloyds customers following a rise in dodgy websites, according to the latest data from the bank. 

Dains Accountants has appointed Louise Balloch as payroll director for Scotland, further enhancing the firm’s specialist payroll and people advisory services across the UK.  CIPP-qualified and bringing nearly 20 years of payroll experience, Ms Balloch has spent over a decade leading high-

A family-run home improvement business based in Perthshire is set to expand its services after its owners accessed support from Business Gateway.

Hall Morrice's commitment to staff development has been further underlined after a member of the team scooped a prestigious award.

Former UK Chancellor George Osborne has been named as a contender to become the next chairman of HSBC Holdings. 

Four of Glasgow's top chefs teamed up to raise more than £5,500 for a mental health charity supporting hospitality workers. Peter McKenna, chef-owner of The Gannet, Ajay Kumar, chef-owner of Swadish and Grilled, Gary Townsend, chef-owner of Elements, and Graeme Brown of Glaschu, served up a ch

A Twitter hacker who breached the accounts of celebrities including Barack Obama and Jeff Bezos has been forced to hand over £4 million.

1nhaler, a Scotland-based drug delivery device developer, has secured an additional £1.5 million in seed funding to drive development of its novel pop-up cardboard dry powder inhaler (DPI).