News

AAB has promoted five team members to key leadership roles, elevating three to partner and two to director level. The promotions coincide with a broader initiative that has seen 150 team members advance across the firm's 12 offices.

Paul Denton, CEO of Scottish Building Society, has been elected president of The Chartered Banker Institute, the first time in the body’s near 150-year history that a building society representative has held the post. The Chartered Banker Institute is a global industry body headquartered in Sc

UK economic growth in Q1 2024 was marginally stronger than initial estimates, revised upwards to 0.7% from 0.6%, according to the Office for National Statistics. National accounts for the first quarter showed the rise was fuelled by consumer spending and net trade, though slightly offset by weaker b

Sir Philip Davies, a senior Conservative candidate, has come under scrutiny after allegedly betting £8,000 on losing his seat in the upcoming general election. Sir Davies, who has been the conservative MP for Shipley since 2005, has neither confirmed nor denied the claims, but insisted he had

Business confidence in Scotland fell 14 points during June to 43%, according to the latest Business Barometer from Bank of Scotland. Companies in Scotland reported lower confidence in their own business prospects month-on-month, down 16 points at 44%. When taken alongside their optimism in the econo

AssetCo plc has reduced its operating loss by 65% to £1.6 million for the half-year period ending 31 March 2024. The company said it has implemented a cost-saving plan, streamlined operations, and exited loss-making ventures. Additionally, AssetCo has proposed a share split to better reflect i

Newton Property Management has appointed Vincent Goldie as chief executive officer and Rachel Littlejohn as business development director. The firm said the strategic move underscores its commitment to raising customer service standards and driving change within the property management sector.

Holiday specialist Caledonian Leisure has reported profit after tax of £1.4 million on turnover of £55m for 2023.

Energy infrastructure company Smart Metering Systems (SMS) has renewed its lease at 48 St Vincent Street in Glasgow, advised by Ryden's office agency team. The decision follows an extensive search for alternative office premises and detailed negotiations, culminating in SMS's commitment to rema

Assetz Capital, a lender in the SME commercial property and residential development sector, has completed a £5 million commercial mortgage to refinance the ibis Styles hotel in Glasgow. David Hehir, the relationship director at Assetz Capital who led the deal, said: "I was delighted to be able

Johnston Carmichael has welcomed a temporary recruit to its Tayside team – a Hairy Highland coo. The sculpture is part of the Hairy Highland coo trail, a new art installation located across Perth and Kinross, which launched today (June 28).

Two local mothers have turned their shared passion for gin and the Highlands into a successful craft gin business in just eight months. Catriona and Cara first launched Bealach Gin in October 2023. The pair met at a local mother and toddler group and soon became firm friends, realising that the

The Financial Conduct Authority (FCA) has come under fire for spending nearly £90,000 on a "brand refresh", a move criticised by City figures as a "total waste of money".

Global provider of testing, inspection, and certification Element Materials Technology has expanded its presence in Edinburgh with its new European global business services centre (GBS), more than doubling its previous space. Over 200 colleagues and guests joined yesterday's launch celebration, led

Edinburgh-headquartered payment orchestration platform BR-DGE has partnered with open banking fintech Trustly. This integration will give BR-DGE's customers access to Trustly's global capabilities, which processed $58 billion (around £46bn) in transactions in 2023.