News

Embark Group, a UK retirement solutions provider, has announced plans to hire over 50 people in Dundee over the next few months as it continues to build out its platform operations in the city. The new employees will be part of Embark Platform, which provides market-leading technology for corporates

The Competition and Markets Authority (CMA) is to be given new powers to fine companies that rip off customers, make misleading claims, or have unfair terms and conditions. It is expected that Kwasi Kwarteng, business secretary, will announce the proposals next week to strengthen the CMA's powers po

Nearly three in four UK exporters have reported no sales growth in the second quarter of this year, according to the latest data published by the British Chambers of Commerce (BCC).

Grants to improve housing or build new homes in some of Scotland’s most remote and marginal communities have been awarded to 13 crofters. The Croft House Grants scheme aims to retain and attract people to rural and remote communities with the latest round of funding awarding grants worth &poun

A state-approved dating app has been released in Iran to stem the tide of divorces. Hamdan, which means "companion" in Persian, claims to find matches "only for bachelors seeking permanent marriage" – and just one wife.

Thorntons Investments has appointed Andrew McLean as a discretionary portfolio manager. The firm said that his appointment strengthens its client proposition during a time of growth for the business.

Rod Paris is set to retire as chief investment officer of abrdn at the end of 2021. In response to his departure, abrdn, formerly Aberdeen Standard Investments (ASI), has outlined a structure for its investment management team, organised around pillars of strategic importance for clients – pub

A solicitor who prepared false invoices for non-existent work in order to steal more than £12,500 from clients’ accounts and who pleaded guilty to embezzlement has been ordered to carry out unpaid work. Louise Sutherland, 60, took the money while employed at Graeme Murray & Co Solici

Edinburgh start-up Blockchain Technology Partners (BTP) has closed a seed round of £2 million, led by Force Over Mass, a London-based venture capital firm, and Signature Ventures, an early-stage venture capital fund based in Munich and Berlin, with participation from angel investors inclu

Susannah Donaldson, legal director at Pinsent Masons, considers the impact of the pandemic on gender pay gap figures reported by large construction businesses. The Covid-19 pandemic has somewhat skewed gender pay gap (GPG) figures reported by large construction businesses for the year 2020

Edinburgh-based financial services company Nucleus Financial Group has seen its assets under administration (AUA) increase by 19% year on year, approaching the £19 billion mark. As of 30 June 2021, the company's AUA rose to £18.9 billion, up 19.2% year-on-year and 5.1% on the previous qu

Glasgow-based HV Systems (HVS) has secured a £5 million capital injection from Beehive Equity Limited, a wholly-owned subsidiary of EG Group (EG).

New data released by the Financial Reporting Council (FRC) has revealed that challenger audit firms have increased their share of FTSE 250 audits, from 4.8% to 7.6%. However, the dominance of the Big Four remains, as all FTSE 100 companies continue to be audited by EY, Deloitte, KPMG or PwC.Improvin

Young people are generally positive about their money prospects, according to the latest How Scotland Lives research from Bank of Scotland.

The UK government will undermine devolution if they establish freeports in Scotland and Wales without reaching agreement with devolved governments, according to Scottish and Welsh ministers. The devolved governments said that while they were committed to working with the UK government, UK ministers