News

Lloyds Banking Group has announced that its chief executive António Horta-Osório will step down in June next year after ten years in the role. Banking industry veteran Robin Budenberg will step up as the bank's new chairman after Horta-Osório's departure.

Niall Booker, the former chief executive of the Co-operative Bank, has become chairman the of start-up bank Monument - a new digital lender striving to shake up the market for wealthy customers who has attracted a string of banking veterans to its leadership ranks.  Mr Booker also held senior r

Jeff Bezos, the head of Amazon and the world's richest man, has just broken his wealth record once again after his net worth increased to $171.6 billion. The valuation of Mr Bezos's wealth by the Bloomberg Billionaires Index broke the previous mark that Mr Bezos set in September 2018, when his holdi

The Scottish Government has launched a £10 million fund to support Scotland's performing arts venues.

Over a quarter (27%) of Scots have been able to increase the amount they save since the start of coronavirus, according to new research from financial services firm Aegon.

Whisky collectors will have the chance to buy cargo from one of the world's most famous shipwrecks, as a bottle of malt whisky from the SS Politician is to go up for auction.

Scottish accountancy veteran Aidan O’Carroll is stepping down from his role as senior partner at EY after 35-years at the firm. For the last three years, Mr O'Carroll has been based in Glasgow working primarily with Scotland’s family and private business sector. Prior to that, he spent 1

Cunninghame Housing Association has agreed a £15 million funding programme with Royal Bank of Scotland to create a new social housing programme for Ayrshire and the Borders. The £15m long-term facility, which builds upon an existing relationship with the bank, will fund 236 new homes acr

The Financial Conduct Authority (FCA) has confirmed that motor finance customers, those paying for high-cost credit products such as buy-now pay-later (BNPL), rent-to-own (RTO) and pawnbroking customers can receive a payment freeze until October this year if they are facing payment difficulties due

ClearWater Hygiene, an Edinburgh-headquartered business launched just 12 weeks ago in response to the coronavirus outbreak, is now on course to generate more than £30m in revenue after securing a raft of significant corporate contracts across the UK. The company, founded by property developer

Russell Alton, the current finance chief of Norwegian energy firm Equinor, has been appointed as the new chief executive of Aberdeen-based Neo Energy. Mr Alton will take up his new role at the end of August.

Business organisations across Scotland have welcomed First Minister Nicola Sturgeon's latest announcement on the easing of lockdown restrictions in Scotland.

A group of industry experts have submitted an action plan to the Scottish Government in an attempt to limit unemployment caused by the economic impacts of coronavirus.

Thousands of SMEs across the UK have expressed their stress and anxiety ahead of the July 4 lockdown lifting in England, according to the latest results from the ACCA and The Corporate Finance Network SME Recovery Tracker.

Environmental charity Remake, which is based in Crieff, has secured £56,852 from the Scottish Government’s Supporting Communities Fund through The National Lottery Community Fund. The funding will allow the charity to support its local area as a COVID-19 anchor organisation.