News

The abrdn Asian Income Fund Limited has seen its Net Asset Value (NAV) total return rise by 11% in the year ended 31 Decemebr 2021. The fund's share price total return also rose by 5.2%. Ian Cadby, chairman, confirmed that the company has delivered an “excellent performance for the 12 months t

Royal Bank of Scotland-owner NatWest Group has announced a £1.2 billion directed buyback of 550 million shares from HM Treasury. The banking giant has agreed with the Treasury to make an off-market purchase of 549,851,147 ordinary shares in the company with a nominal value of £1 each at

Edinburgh-based Smart Data Foundry, a financial data collection organisation, has appointed Frank Gauld as its new CEO. Bringing a wealth of global Financial Services and FinTech experience, Frank Gauld will drive the strategic direction of the organisation tasked with spearheading safe data sh

Craig Alexander Rattray, a Glasgow-based growth strategist and cash expert, is launching a new initiative to help SME owners take better control of their businesses. A part-time finance director to many ambitious growing companies, the former venture capitalist and corporate financier has spent more

The first-ever Unlocking Ambition Community Showcase has been held in Glasgow to celebrate the achievements of alumni from one of Scotland’s flagship business growth and leadership programmes, delivered by Scottish Enterprise.

The Competition and Markets Authority (CMA) has today published its recommendations for the future oversight and governance of Open Banking. The CMA’s recommendations will be taken into consideration in the design of a future entity to succeed the Open Banking Implementation Entity (OBIE). The

A Pokemon card has sold for a record-breaking $420,000 at auction.

Stuart Robb and Chad Griffin, partners with FRP Advisory, have sold The Glenburn Hotel, which was in administration, to the UK’s largest independent hotel group, Bespoke Hotels. The sale, which is for an undisclosed sum, adds to Bespoke Hotels’ portfolio of 90 hotels in the UK, including

Partners at global law firm Clyde & Co and UK-headquartered BLM have voted in favour of merging this July to create a combined entity with a global revenue of over £700 million per year. To be known as Clyde & Co, the merged firm will have a headcount of over 5,000 and offices in over

JP Morgan's digital arm Chase has launched a new saver account which offers savers a rate of 1.5%.

Scottish Widows has announced that it will divest millions of pounds from tobacco companies due to an update to its exclusions policy. The firm revealed that it will not invest in any company deriving more than 10% of its revenue from tobacco. This 10% threshold means that all tobacco manufacturers

Plans to develop a new timber manufacturing and processing facility in Forres, Moray, have secured up to £279,000 Green Jobs Fund investment from Highlands and Islands Enterprise (HIE). The funding was announced on Friday by Richard Lochhead, minister for just transition, employment and fair w

The Cumberland Building Society has announced a six-figure investment to support the acquisition of a guest house and cake school in Perthshire, Scotland.

People aged between 20 and 39 are the most likely to have reported being scammed in the past year, Which? research reveals, with many young victims losing huge sums of money to online shopping scams, pyramid schemes and rental fraud.

CodeClan, Scotland’s national digital skills academy, has partnered with Baillie Gifford to launch CodeClan Youth Academy, an 8-week programme based in Edinburgh and sponsored by the investment manager that includes a 4-week coding bootcamp at CodeClan, followed by a 4-week paid internship at