News

UK Finance has reported that £571.7 million was stolen through payment fraud in the first half of 2024, a 1.5% decrease from the same period in 2023. While authorised push payment (APP) fraud losses decreased by 11%, unauthorised fraud losses increased by 5%.

Volkswagen Finance has been fined £5,397,600 by the Financial Conduct Authority (FCA) for failing to treat customers in financial difficulty fairly. The firm has agreed to pay over £21.5 million in redress to around 110,000 customers who may have suffered harm because of its failing

The Scottish Women's Premier League (SWPL) has reported record financial results for its second year, with payments to clubs totalling £389,000, a 17% rise on the previous year.

Johnnie Walker Princes Street, Diageo's immersive whisky experience in Edinburgh, has welcomed over one million visitors from 141 countries since opening in 2021.

HNH Partners has shared plans for growth and team expansion following a series of recent appointments. The multi-disciplinary corporate finance advisory firm, which has flagship offices in both Belfast and Edinburgh, confirmed the growth plans as it launched a new corporate identity.

BNP Paribas Real Estate, part of the BNP Paribas Group, has announced that Morgan Stanley's Glasgow office has been acquired by French investment firm Iroko Zen in a deal worth more than £50m, cementing the largest office transaction in Scotland so far this year. The property at 122 Waterloo S

A "punishing" regulatory framework for Edinburgh’s self-catering sector will cost jobs and do nothing to resolve the city's housing crisis, a trade association has warned after a new study found further reductions in short-term lets could cost Edinburgh's economy £57 million.

The Taliban has banned media outlets across large swathes of Afghanistan from broadcasting images of living beings. State media in the provinces of Takhar, Maidan Wardak and Kandahar have been told they can no longer air or publish images of people or animals, Newsweek reports.

Scottish company insolvencies have declined by 16% since last year, but experts say overall volumes will remain high for some time to come. There were a total of 73 company insolvencies registered in Scotland in September 2024, comprised of 48 CVLs, 18 compulsory liquidations and seven administratio

A global network of video games developers and academics attended a two-day Gaming Clusters Across Multiple European Regions (GAME-ER) research and networking event in Dundee. 

A growing number of businesses in Scotland are showing early signs of financial distress, according to Begbies Traynor. The independent business rescue and recovery specialist today published its latest Red Flag Alert data, showing a rise in financial distress in Scotland and the UK in the third qua

Donald Trump's commitment to investing in his Aberdeenshire golf company is "unwavering", it said after recording a £1.4 million loss last year. Trump International Scotland is in the final stages of building a second championship links golf course which will open in summer 2025, and is planni

Confidence amongst Scottish businesses is expected to hold steady for the next six months, with many in a ‘wait-and-see’ mode as they look to the upcoming budgets for clarity on the economic direction of both Scotland and the UK, according to the Fraser of Allander Institute. The indepen

After 26 years under the ownership of Sir Peter Michael and family, The Vineyard Hotel in Newbury has been sold to Apex Hotels for an undisclosed sum. The deal marks Apex Hotels’ third country house hotel following the recent purchase of Pine Trees in Pitlochry and Meldrum House Country Hotel

Forvis Mazars has appointed Ryan Crilley as audit partner across its Glasgow and Edinburgh offices. Mr Crilley will work with privately owned businesses, navigating clients through the complexities of financial reporting and regulatory compliance market. He will also support the wider team with thei