News

On Tuesday, the Scottish Parliament will be invited to nominate Stephen Boyle to Her Majesty the Queen for appointment as the new Auditor General for Scotland. Mr Boyle will succeed Caroline Gardner whose 8-year term in office ends on 30 June 2020.

Scottish-based companies have prioritised investing in digital technology in ways that boost their credentials as responsible businesses, according to the new CBI and Accenture Tech Tracker Survey. The survey shows that firms operating in Scotland have focussed technology investments on bu

A sharp drop in the number of women opening ISAs in the UK is a major wake-up call for the industry, according to Jill Mackay, savings and investment specialist at Scottish Friendly.  Analysis by the Centre for Economics and Business Research on behalf of Scottish Friendly found the number of f

The Financial Conduct Authority (FCA) has today begun a review into the use and value of data and advanced analytics in wholesale financial markets, both now and in the future. The FCA is using its Call for Input (CFI) to better understand how data and advanced analytics are being accessed

Highland Council is expected to save hundreds of thousands of pounds a year and significantly reduce its carbon emissions thanks to energy efficiency upgrades part-funded by the Scottish Government through Salix Finance.

Aberdeen City Council has become the first local authority in Scotland to be awarded the prestigious Governance Mark of Excellence by the Chartered Institute of Public Finance and Accountancy (CIPFA). The standard recognises public service organisations that bring extra rigour to decision-making thr

Four solid-gold casts of Nelson Mandela's hands have been sold at a New York auction house for $10.4 million.

Dundee-based investment company Alliance Trust has posted its annual results which reveal the company's outperformance in 2019. The Trust’s Total Shareholder Return for 2019 was 24.3% (2018: -6.1%) and the Trust’s Net Asset Value (NAV) Total Return1 was 23.1% (2018: - 5.4%) versus 21.7%

Helen McKay, the risk and compliance officer for LendingCrowd, has been recognised in the Innovate Finance Women in FinTech Powerlist 2019. Edinburgh-headquartered LendingCrowd is the only fintech lending platform headquartered in Scotland. 

The Scottish private sector economy approached stagnation in February, growing only fractionally, according to the latest Royal Bank of Scotland Purchasing Managers' Index (PMI). At the sector level, a mild decline in services activity almost offset renewed growth in manufacturing production. M

Murray International Trust, an investment fund run by Standard Life Aberdeen, has signalled its intention to appoint former Fidelity International investment chief Simon Fraser as its next chairman, following a year of underperformance. Mr Fraser will join the board of Murray International Trus

Royal Bank of Scotland has supported BauMont Real Estate Capital’s acquisition of Hermiston Gait Retail Park in Edinburgh, a prime retail park comprising 306,000 sq ft of space anchored by Tesco and B&Q. It is strategically located to the west of the city and benefits from excellent t

Assetz Capital has surpassed the £1 billion mark for lending to SMEs and housebuilders across the UK, with more than £115 million being deployed in Scotland since 2013. As part of its business lending, Assetz Capital has been a key supporter of the UK housing market, funding a total of 4

David Nicol, the Scottish CEO of wealth manager Brewin Dolphin, has won the Lifetime Achievement award at the prestigious City of London Wealth Management Awards (COLWMA) which took place on Wednesday. COLWMA was established to recognise those wealth management companies displaying high levels of se

Edinburgh-based iDelta has launched an app to help banks fight back against the rise of online challenger banks such as Revolut and Monzo.