News

Glasgow-based fintech Guiide has undertaken another round of funding for further innovations based on its retirement planning platform. The past year has seen Guiide grow from offering an online free consumer site only to providing bespoke versions of its platform to master trusts, employers, financ

Scottish Enterprise has awarded research and development funding of up to £20 million to the Scottish subsidiary of specialty vaccine company Valneva SE. The investment from Scotland’s national economic development agency follows advanced discussions reported on 23 December 2021 and will

Edinburgh-based software-as-a-service (SaaS) company Sharktower has been acquired by data-first change and transformation consultancy Proteus. Founded in 1999, Proteus has has powered $30 billion of the world’s most challenging corporate change projects. Unlike ‘land and expand’ co

NatWest Group, the owners of Royal Bank of Scotland (RBS), is set to reinstate bonuses for its CEO and finance director for the first time since the financial crisis. The banking group's board has concluded that "now is the appropriate time for NatWest Group to transition to a more market-standard r

Global management and technology consultancy Capco has announced plans to hire 100 new consultants in Scotland to meet rising demand from local financial services institutions. The firm has an existing team of 270 permanent consultants in Scotland servicing financial services clients principally bas

A typical Scottish household had £214,000 in total wealth in March 2020, just prior to the start of the Covid-19 pandemic, new figures reveal. The latest ONS figures also show that a typical Scottish household in the wealthiest 10 per cent of households had £1.6 million in total wealth,

There was an unprecedented demand for Scottish property across the board over the last year, including for homes worth more than a million pounds, the latest statistics from Savills have revealed.  According to the figures, this section of the market grew by 31% last year compared to

The gender pay gap at Springfield Properties has effectively been closed with the housebuilder reporting a small fractional difference in pay between men and women, representing a significant reduction in 2019 figures. Springfield Properties has a mean gender pay gap of 0.5%, down from 6.8% in

Investment into Scottish commercial property reached £2.2 billion in 2021 according to the latest Scotland Snapshot from Colliers.

Gluten-free manufacturer Dr. Schär UK has acquired Glasgow-based allergen-free, fresh bread manufacturer, GDR Food Technology Ltd (GDR) for an undisclosed sum. As the UK’s No.1 gluten-free brand, Dr. Schär has been improving the daily lives of people with specific dietary needs for y

NatWest Group has reported an operating profit of £4 billion in 2021. This is a substantial increase from the loss of £351 million in 2020. Across the whole banking group, the operating profit reached £4.3bn.

Sales of Scottish salmon in UK shops soared to £1.1 billion last year as consumers increased their consumption of the protein-rich fish.

Asset & wealth management firm AssetCo has posted profits before tax of £16.1 million for the year ended September 30 2021. AssetCo is run by fund management veteran Martin Gilbert, who owns 8.7% of the business and is its chairman.

Alastair MacArthur has been appointed as the director of finance and resources at Renfrewshire Council. The council's former head of finance has been acting director since November 2021 and leads the Finance and Resources Department, which includes Finance and Business Services; People and Organisat

A police officer rapped by a judge for drinking a can of Coca-Cola while appearing in court by video link has been ordered to distribute 100 cans to local lawyers. The officer, who was giving evidence to Gujarat High Court in western India, was spotted sipping from the can at the start of the hearin