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Reforms to the UK's audit and corporate governance framework will make the country "an even more attractive place in which to do business and to invest", the UK government has said. In the government's response to an earlier consultation on audit and corporate governance, Business Secretary Kwasi Kw

Middle-market businesses across the UK have hit the brakes on crucial people and business investment as inflationary pressure, recessionary fears, wage pressures and staff shortages all converge to reduce confidence. RSM UK’s latest Middle Market Business Index (MMBI), the first economic index

Edinburgh-based Capricorn Energy, formerly known as Cairn Energy, has agreed a merger with Tullow Oil. The deal, which will see Capricorn chief executive Simon Thomson stand down, will create "a leading African energy company listed in London" with a market value of more than £4.1 billion.

Law firm Addleshaw Goddard has doubled turnover in Scotland in the five years since the merger which established its presence in the country. The firm is on course to record a fifth consecutive year of double-digit percentage income growth in Scotland since it merged with HBJ on 1 June 2017. Compare

Finance professional Alastair Couper has joined charity Flexible Childcare Services Scotland (FCSS) as treasurer of the board. Mr Couper is an advisor at Edinburgh Airport, having previously been the airport's chief financial officer for seven years prior to his retirement in 2021.

Richard Lloyd OBE has become interim chair of the Financial Conduct Authority (FFCA). Mr Lloyd, who joined the FCA board in April 2019 and has been senior independent director, chair of the board risk committee and chair of the oversight committee, takes over from Charles Randell CBE, who stood down

A trade body is urging newly elected Scottish councils to embrace investment in build to rent (BTR) and co-living to help address the current housing crisis, addressing nationwide shortages of rental stock and providing additional housing supply to help meet housing targets. The call, following the

Credit card debt in the UK is growing more quickly than any time since 2005, according to the latest figures from the Bank of England. The annual growth rate of credit card borrowing was 11.6 per cent in April, the highest since November 2005, while the annual growth rate for other forms of consumer

The Scottish Government will provide capital investment of £581 million to support the economy over the next four years through its enterprise agencies and the Scottish National Investment Bank (SNIB). In the Resource Spending Review published yesterday and covering the period from 2023/24 to

Stephen Lewis, managing director of HFD Property Group, was appointed as chair of the Scottish Property Federation (SPF) at the organisation’s annual conference in Edinburgh yesterday. He succeeds Kevin Robertson, managing director of KR Developments, who has chaired the SPF since April 2021.

HSBC UK has launched a £15bn lending fund today for small and medium sized businesses with £1 billion ring-fenced to support local economies, employment opportunities and drive growth across Scotland. Whilst concerns about the broader market remain, HSBC said its customers are thinking a

Business confidence in Scotland rose 14 points during May to 42%, the highest reading since June 2021, according to the latest Business Barometer from Bank of Scotland Commercial Banking. Companies in Scotland reported lower confidence in their own business prospects month-on-month, down three point

Scotland outpaced both the UK and Europe last year by securing 122 inward investment projects - up 14% on 2020 results - and is polling at record levels among investors who consider Scotland to be the UK’s top foreign direct investment (FDI) location, according to EY’s latest Scotland A

EQ Accountants has congratulated three of its staff on completing the Edinburgh half marathon yesterday. Steven Todd, Caitlin Treschman and Roshannah Cox from the firm's Glenrothes office completed the trek in aid of the firm's charity of the year, SAMH.

The Scottish National Investment Bank (SNIB) has spent £1750,000 in recruitment fees after it hired London-based Spencer Stuart to help it find a new chief executive after Eilidh Mactaggart resigned earlier this year. Scottish Financial News reported in February that Ms Mactagagrt resigned, wh