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Scottish GDP growth is expected to slow to 0.8% in 2026, down from 1.4% in 2025, as pressures from a new energy price shock push up inflation, weigh on spending and lead to potential further tightening, according to KPMG UK’s latest European Economic Outlook. Scotland’s growth rate point

Dame Debbie Crosbie, chief executive of Nationwide, has seen her pay almost double following the building society's £2.9 billion takeover of Virgin Money. Ms Crosbie, who has led the mutual since 2022, received a total package of £4.67m for the financial year to 31 March, up from £

A British sixth-former who exposed a Moscow-backed cryptocurrency laundering network says he will wear his Russian sanctions "as a badge of honour".

HMRC has more than doubled the funding available to organisations that help taxpayers needing extra support, pledging over £11 million through the latest round of its Voluntary and Community Sector Grant Funding Scheme. From today (8 June), voluntary and community sector organisations can bid

Apex Traffic Management Limited, a traffic management contractor based in Uddingston, South Lanarkshire, has been placed into administration with the loss of 119 jobs across sites in Scotland and England. Kenneth Craig and Kevin Mapstone of Begbies Traynor were appointed joint administrators on 21 A

Regulated firms across the financial services sector face renewed scrutiny over misleading online content, as the Financial Conduct Authority (FCA) cracks down on two fronts – deceptive car finance claims adverts and inauthentic customer reviews.

Beeks Financial Cloud, which creates stock market trading solutions, has secured the first contract for a “world first” analytics platform. Following launch and a successful proof of concept for Market Edge Intelligence, the Renfrewshire-based company has signed a five-year agreement wor

A long-standing tax levied on businesses donating to charities has now been removed. Azets wants to remind businesses that they can now give goods to registered charities without paying VAT.

The Institute of Chartered Accountants of Scotland (ICAS) has announced the winners of its annual CA Rising Stars competition, recognising the brightest young talent from across the global accountancy profession. At a prestigious awards ceremony at London’s Oxo Tower, Jemima Jacobs CA –

A bronze and limestone fountain by German sculptor Georg Kolbe has sold for a record €4 million (c. £3.5m) at Villa Grisebach in Berlin, 85 years after it was looted by the Nazis from its original owners.

Parents and grandparents across Scotland are facing more pressure on their finances as a result of supporting children and grandchildren through education.

Licensed insolvency practitioners Christine Convy and Jill Glen of Dunedin Advisory Limited have been appointed joint liquidators of Mitchell's Of Castle Douglas Limited, the long-established greengrocer that ceased trading on 8 April 2026. The business, which operated from premises in Castle Dougla

Bunq, Europe's second-largest digital bank, is preparing to apply for a full UK banking licence, as the Dutch fintech seeks to expand its presence in the UK and compete with sector leader Revolut. The $2 billion (c. £1.5bn) firm, which reached 20 million users within a decade, is understood to

A growing number of Scottish businesses say trading conditions are deteriorating, according to fresh data from MFMac’s business sentiment tracker, The View. The biannual survey of Scottish corporates found that one quarter (25%) of respondents said their most recent financial year had gone wor

Edinburgh-headquartered Wordsmith AI has announced a $70 million (c. £52m) Series B funding from Highland Europe and Index Ventures among others. The legal AI startup was founded by CEO Ross McNairn, CTO Volodymyr Giginiak, and COO Robbie Falkenthal. Mr McNairn is a former lawyer turned techno