News

Nationwide is set to become Scotland's largest branch network from 4 June, contrasting sharply with the widespread retreat of other high street banks. While rival institutions prepare to close over 80 UK branches in June alone, and upwards of 240 by the end of the year, the building society will boa

Despite the rapid integration of artificial intelligence into the UK accountancy sector, demand for professionals remains remarkably high, according to the Institute of Chartered Accountants in England and Wales (ICAEW). The accountancy body's research says AI is reshaping the profession rather than

North-east accountancy firm SBP Accountants & Business Advisers is celebrating after Sophie Daniel won the Rising Star accolade at the 2026 Finance & Accountancy Business (FAB) Awards. Held at Union Kirk on 21 May, the awards recognise professional achievement across the finance, accountancy

ACCA (the Association of Chartered Certified Accountants) is calling for the UK and the European Union (EU) to work for business and build stable, predictable and functional trading arrangements. In a submission to the House of Commons’ UK Business and Trade Committee on its call for evidence

Artificial intelligence could automate between 30% and 50% of tasks in most financial services roles, threatening significant employment consequences across the industry unless the technology is leveraged to drive growth rather than just efficiency, a new report has revealed. Commissioned by the UK

KPMG Glasgow has partnered with Nationwide to welcome Glasgow secondary school students into its city centre offices this week, giving them the chance to gain first-hand insight into the world of work.

Scottish house prices increased by 1.3% in the year to 31 March 2026, behind general inflation but marginally ahead of overall UK house price movements, according to the latest UK House Price Index.

Savers are being wrongly ordered to pay thousands of pounds in tax due to flawed calculations by HM Revenue & Customs (HMRC). Under rules introduced in 2016, financial institutions are required to report savers' annual interest earnings directly to the tax authority. This allows HMRC to automati

Aberdeen-founded AAB's financial planning arm, AAB Wealth, has continued its expansion by acquiring Hertfordshire-based BpH Wealth Management and Buckinghamshire-based Jane Smith Financial Planning. The double acquisition, which marks seven growth deals completed by the firm since 2023, increases AA

Samsung Electronics has narrowly averted a strike by striking a last-minute deal with its South Korean workers’ union, agreeing to distribute a massive 40 trillion won (c. £20 billion) in bonuses to its semiconductor workforce. Driven by an artificial intelligence infrastructure boom tha

Standard Chartered is set to axe approximately 7,800 jobs by 2030 as part of an aggressive shift towards artificial intelligence and automation. The London-headquartered banking giant, which employs around 82,000 staff globally, has revealed it intends to slash more than 15% of its back-office roles

Deloitte’s UK workforce is poised for significant financial rewards this year as the Big Four firm projects earnings that will surpass its internal profit targets.

Nationwide Building Society has posted statutory pre-tax profit of £1.49 billion for the year ending 31 March 2026, continuing its expansion into a major force in UK retail banking under the leadership of chief executive officer Dame Debbie Crosbie. While this figure sits below the prior

The Financial Reporting Council (FRC) has finalised its 2025/26 annual review of FRS 101, concluding that no major structural changes are required for the reduced disclosure framework.

Pluto Finance has completed three loans to fund the delivery of 184 new homes across Edinburgh, in a further step expanding the specialist lender's presence in Scotland. The projects, located at York Lane, Cammo and Slateford, are being delivered by experienced developers and, Pluto said, meet the h