News

Investors in early-stage companies across Scotland and throughout the UK can access a £100 million investment boost as the Chancellor backs growth in every postcode through the next phase of the British Business Bank’s Investor Pathways Capital Initiative. Supporting talented, first-time

Greater investment choice would help pension savers be more proactive, according to research. Of more than 800 members surveyed by digital workplace pension provider Penfold, 69% said they would benefit from more options being made available to them.

Concerns about the prospect of new taxes on British banks have been raised by Scots-born banker Dame Jane Fraser, said to be the most powerful woman on Wall Street. During a visit to London, the chief executive of Citigroup warned that the UK tax rate on banks is higher than in New York, Dublin, Fra

Royal London’s assets under management (AUM) have risen to a record £212 billion in the first half of 2026. The half-year report from the life and pensions firm shows the figure is up £13bn from the end of the last financial year.

Life insurer Legal & General (L&G) has reported an increased operating profit of £918m for the first half of 2016. The half-year results show profits rose by 7%, while interim dividends were up 2% at 6.24p per share.

Aberdeen-based professional services firm AAB has strengthened its Central Scotland leadership team with the appointment of Malcolm Crawford as Business Development Partner, and the promotion of Corporate Finance Partner Iain Walker to Head of Central Scotland. Mr Crawford joins the company with a s

Regulatory barriers continue to hold back Scotland’s potential to export services, according to a new report from the Fraser of Allander Institute. The report, delivered in partnership with Prosper and commissioned by the Scottish Government, finds that Scottish services exports were worth abo

Scottish Mortgage Investment Trust will have the first opportunity to sell down part of its 19.3% stake in SpaceX when the lock-up period ends tomorrow. How much it may sell will be influenced by the share price which has come under pressure from the imminent impact of investors cashing in on the 11

Campaign group Women Against State Pension Inequality (Waspi) has written to Westminster seeking talks on compensation. In a letter to Prime Minister Andy Burnham and Chancellor John Healey, she has called for “fair compensation” for the 3.5 million women born in the 1950s who were affec

The achievements of Scotland's legal profession will be celebrated at the 23rd annual Scottish Legal Awards on Thursday, 17 September at the DoubleTree by Hilton in Glasgow. The ceremony has become one of the most respected and anticipated events in Scotland's legal calendar, recognising excellence

Nationwide has become the sole banking partner of Female Founders Rise (FFR), one of the UK's largest communities helping female entrepreneurs and non-binary founders build stronger, more profitable businesses.

Twelve of Scotland’s leading accountancy students have been named recipients of the 2026 Charles Scott Prize by the Institute of Chartered Accountants of Scotland (ICAS).   The prestigious annual prize recognises exceptional academic performance and potential in accountancy, with eac

HSBC posted a 23% surge in pre-tax profits for the first half to $19.5 billion (2025: $15.8bn), driven by higher net interest income and increased fee income, particularly from its wealth management and banking services. The increase was partly offset by higher than expected credit losses and operat

Transaction reporting requirements become smarter, simpler and more proportionate under new rules from the Financial Conduct Authority (FCA).

Bank unions are warning staff at Santander and TSB to prepare for job cuts following the Spanish group’s £2.65 billion acquisition of the former savings bank. Consultation is underway as management plans to remove duplicate roles among the 23,000 combined staff to save £400 million