News

An independent report published today has outlined the economic priorities facing Aberdeen and the wider North East region, calling for continued investment in productivity, diversification, and infrastructure to build a more resilient local economy.

The Finance Conduct Authority (FCA) has secured a clearer path for its £9.1 billion motor finance compensation scheme after The Finance and Leasing Association (FLA) joined major banks in declining to mount a legal challenge. The industry body, which represents the UK's motor finance firms, sa

Investors are braced for more modest returns over the next five years following a strong run for markets in recent years, new research from Scottish Friendly has revealed. The mutual’s latest Family Finance Tracker shows that three-quarters (75%) of investors expect total returns of less than

A Nationwide customer could join the building society's board for the first time in nearly a quarter of a century, after a longstanding member secured enough support to appear on the lender's annual ballot. James Sherwin-Smith, a 45-year-old from West Sussex, will stand for election at Nationwide's

Barclays shares fell more than 3% in early trading on Tuesday despite the banking group posting a solid set of first-quarter results, as a record-breaking performance from its investment bank was partly overshadowed by a £228 million hit from the collapse of mortgage lender Market Financial So

The first NatWest remortgage transaction to complete on the PEXA platform did so within two working days from mortgage offer, giving evidence of the benefits of digitisation and automation in the remortgage process. The transaction is much faster than the typical UK remortgage timeline of four to si

As Scotland approaches a pivotal election, low confidence in the Scottish economy is already holding back investment and job creation at a time when Scotland can least afford it, the Institute of Chartered Accountants of Scotland (ICAS) has warned. Results of a survey of ICAS members following the S

Taiwan's stock market is now worth more than the United Kingdom's, according to recent Bloomberg data, despite the island's economy being less than a quarter the size of the UK's.

Whisky bottler Saltire Rare Malt is expanding its US footprint with two tasting events in California this spring, marking the brand's West Coast debut as it builds on recent momentum in the American market.

Pounce Padel, a manufacturer of high-performance padel rackets designed for women, has won the top prize of £15,000 at the inaugural Royal Bank of Scotland (RBS) pitch competition.

MCR Pathways has partnered with the Grant Thornton Foundation to expand mentoring support for young people across the UK, with colleagues from the professional services firm volunteering as mentors on the charity's award-winning programme delivered in schools, further education and community settin

The Financial Conduct Authority (FCA) has launched a consultation on scrapping rules that govern the publication of research during initial public offerings (IPOs), in a move designed to make London a more attractive listing venue and reduce friction in the capital-raising process.

WTW Scotland has unveiled a series of senior appointments and promotions across its retirement and pensions outsourcing teams.

The Scottish Greens have unveiled plans for a new "banker tax" on business properties worth more than £1 million, with the revenue earmarked for local schools and care services. The levy would target sites such as the Barclays and JP Morgan campuses in Glasgow and the Standard Life building in

Stirling-based Ogilvie Group has reported record sales for the year ending 30 June 2025, with turnover rising by £17.2 million to £479.8m, according to newly filed accounts at Companies House.