News

Scottish investors demonstrated a strong start to the year, with initial contributions to new individual savings accounts (ISAs) surging by an average of 19% in the first quarter of 2025 – the biggest quarterly rise of any UK region, according to Scottish Friendly.

Glasgow-headquartered Macfarlane Group Plc has reported that its expectations for the full year remain unchanged, despite a mixed first quarter in 2025. Sales in Q1 2025 saw a 14.2% increase compared to the same period in 2024. This growth was attributed to the benefit of acquisitions, emerging orga

A jersey worn by the late Los Angeles Lakers icon Kobe Bryant during his NBA debut season has sold for $7 million at a Sotheby's auction.

Major UK auditing firms, including the Big Four, are requesting clearer guidance from the Financial Reporting Council (FRC) due to the economic uncertainty stemming from US President Donald Trump's fluctuating tariff regime.

The UK government is developing a detailed regulatory framework aimed at positioning the UK as a global leader in digital finance. The proposed rules will subject cryptoasset firms involved in trading, staking, and custody to standards similar to those governing traditional financial institutions.

Gilson Gray has appointed experienced real estate lawyer Rajan Shori as partner and head of its real estate division in England. Mr Shori brings two decades of experience to the role, having supported investors, developers, lenders, and corporate occupiers through high-value transactions, acquisitio

Shepherd and Wedderburn has announced the appointment of project finance specialist Graham Young as the latest partner to join its clean energy team. Mr Young brings extensive experience in complex banking and finance transactions, and his technical skillset and sector expertise have earned him a st

An Edinburgh start-up is making a major impact in communities after accessing support from Business Gateway.

Credit ratings can act as a significant restraint on the risky behaviours often associated with overconfident chief executives, new research has revealed. Researchers led by Bangor University in Wales and other institutions including Heriot-Watt University, The University of Aberdeen, and Vlerick Bu

OakNorth Bank has provided a £10.3 million finance facility to Tarka Edinburgh to fund the acquisition and development of an upscale pod hostel and rooftop bar in Edinburgh's city centre. Tarka is a new hospitality brand focused on upscale pod-style hostels, designed to deliver comfort, connec

Chancellor Rachel Reeves is set to initiate a review of the UK's Individual Savings Account (ISA) market within weeks, aiming to encourage savers to invest more in UK stocks rather than holding cash.

Peter Cowan CA, director of audit and accounting at Aberdeen-based firm Hall Morrice, has been named Rising Star at the inaugural Finance & Accountancy Business Awards. Known as the “Fabbies” the awards recognise outstanding achievements in finance, accountancy and tax across North E

A woman decided to divorce her husband after asking ChatGPT to interpret the meaning of her coffee grounds and being told they indicated he cheated on her. The unnamed woman from Greece was apparently taking part in an online trend of asking the AI-powered chatbot to act as a fortune teller, her baf

Julie Ashworth, who is a non-executive director for the Institute of Chartered Accountants of Scotland (ICAS), has been appointed to lead the new forum to advise the City of Edinburgh Council on all matters related to establishing Edinburgh’s Visitor Levy and its ongoing performance. A recruit

New Aberdeen businesses are being encouraged to apply for funding through a grant scheme. Sole traders, partnerships or limited companies who have set up within the Aberdeen City Council boundary since 1 October 2024 can apply to the Business Start-Up Grant Scheme, with one grant per business permit