News

A Glasgow-based insurance brokerage is calling on the public to get behind a Scottish fundraising effort by launching a prize draw to win two tickets to a Scotland World Cup clash in Boston, all in support of mental health.

The Investment Fund for Scotland (IFS), managed by Maven Capital Partners and delivered by the British Business Bank, has invested £1.25 million in Glasgow-based Highway Data Systems Ltd (HDS), a provider of automated roadside quality assurance.

Scottish business confidence experienced a three-point dip in April, falling to 48%, according to the latest Bank of Scotland Business Barometer. The decline was driven by a ten-point drop in firms' outlook for their own trading prospects, which now stands at 53%, though a four-point rise in general

Saffery has elevated Harry Kendall, who joined the firm as a London trainee in 2016, to partner. Mr Kendall has spent the last five years based in Edinburgh, where he specialises in audit services for a diverse portfolio including corporate entities, landed estates, and the not-for-profits sectors.

The UK government has formalised an amendment to the Pension Schemes Bill, marking a shift in how retirement funds can access private markets. By backing down on previous restrictive language, ministers have ensured that the new legislation remains "wrapper agnostic", focusing on the quality an

Aberdeen Investments’ Strategic Insurance Group has been appointed by Flood Re, the UK’s government‑backed flood reinsurance scheme, to manage a c. £1 billion credit mandate following a competitive public procurement process. Under the mandate, Aberdeen Investments will act as Fl

The collapse of Glasgow-based Hydrogen Vehicle Systems Ltd (HVS) into administration has culminated in a pre-pack sale of the business, a move designed to salvage the company’s intellectual property but one that has resulted in significant job losses. The Scottish truck manufacturer, which onc

Santander UK's pre-tax profits declined 44% to £202 million in its first-quarter results for 2026.

Christine Convy, Chartered Accountant and Licensed insolvency practitioner at Dunedin Advisory Limited, has been appointed interim liquidator of KNS Shopfit (UK) Ltd. The company, which operated from premises in Carluke providing shop fitting services to a variety of retail customers ceased trading

Scotland’s economy experienced a modest expansion in the three months to February 2026, with onshore GDP rising by 0.2%. This followed a marginal increase of 0.1% in the preceding three-month period ending in January. While monthly figures for February showed slight growth of 0.1%, this repres

In a significant shift from its digital-only roots, the fintech giant Revolut has confirmed plans to open its first permanent physical store in Barcelona.

Lloyds Banking Group has posted a 33% rise in statutory profit before tax to £2.0 billion, for the first quarter of 2026, but has shared concerns over the economic impact of the Middle East conflict. The Bank of Scotland-owner's Q1 growth was underpinned by an 8% rise in underlying net interes

The Housing Finance Corporation has pledged £550 million in funding to support the delivery of affordable housing across Scotland, Wales and Northern Ireland.

A Luton entrepreneur who built a £2 million business from discarded doors is set to receive a King’s Award for Enterprise – while standing in a skip, the very place his company began.

Royal Bank of Scotland-owner NatWest Group's annual general meeting in Edinburgh was thrown into disarray after protesters disrupted proceedings for approximately half an hour, forcing the bank to temporarily halt its shareholder meeting. As chairman Rick Haythornthwaite was delivering his opening s