Recent data has remained positive for the Scottish economy, but the outlook for future growth is being dampened by the ongoing conflict in the Middle East, according to the Fraser of Allander Institute. In its latest Quarterly Economic Commentary, the Institute has downgraded its 2026 growth forecas
News
Edinburgh-headquartered Hampden Bank has broken through the £1 billion deposits milestone, with client deposits rising 13% to £1.12bn in the financial year to 31 December 2025. Loans and advances also grew, climbing more than 9% to £640 million, whilst total income increased to &po
The bosses of a corrupt payroll company that stole millions of pounds of VAT have been jailed for more than 22 years.
BrewDog fell into administration owing nearly £500 million, with administrators confirming that shares held under its Equity for Punks crowdfunding scheme "essentially have no value". The firm, founded in 2007 by James Watt and Martin Dickie, had grown from a single bar acquired in 2009 to a g
Plans to end the way international gas prices push up electricity prices across the UK have taken a major step forward today.
The Financial Conduct Authority (FCA) has revealed the second group of firms selected to participate in its AI Live Testing initiative, with eight companies, including Barclays, Experian, Lloyds Banking Group (Scottish Widows), and UBS, chosen to trial AI applications in real-world conditions.
Exergy3 has raised £10 million in seed funding to scale its proprietary technology addressing three of Europe’s most pressing challenges: industrial decarbonisation, grid balancing and energy security. The raise comes as strain on the European energy system intensifies. In the UK alone,
Lawyers from CMS are joining forces with other female industry experts to launch a new organisation aimed at supporting women who work within Scotland’s wind energy sector. The Women in Wind Network has been set up to promote professional development, shared learning, and peer support for fema
Tenancy deposit protection scheme SafeDeposits Scotland has announced the addition of a further four CRMs to the growing list of providers integrated with its API. The new link ups are available for SafeDeposits’ letting agent customers via leading integration hub GlueDog.
Blackwood Homes & Care has appointed Jenni Fairbairn as its new permanent director of finance & business services. Ms Fairbairn, currently working as a business specialist for South of Scotland Enterprise, and previously in senior finance roles at CHAS and Viewpoint Housing, will be joining
Dundee printing firm Tradeprint has recorded its first profit in nearly a decade after sales topped £23 million for the first time in the company's history. The business, based on Fulton Road, posted a pre-tax profit of £1m for the year ended 30 June 2025, reversing a loss of £1.4m
The Institute of Chartered Accountants of Scotland (ICAS) has strengthened its leadership team with the appointment of Geoff Day as executive director of engagement and the promotion of Cat Devaney CA to executive director of learning. With an illustrious international career spanning 25 years, Mr D
Employees at global memory manufacturer SK Hynix are potentially in line for average bonuses of around $477,000 (c. £353,000) this year, and close to $900,000 (c. £665,000) next year. The AI chip supercycle has been generating extraordinary profits for the South Korea firm, leading it to
JP Morgan has strengthened its UK retail banking operation by poaching Kunal Malani from Monzo, where he has served as chief banking officer since 2020. Mr Malani, a seasoned retail banker whose career includes stints at Barclays and HSBC, will now lead Chase UK, the Wall Street giant's digital bank
Business people in Glasgow were welcomed to an event celebrating the acquisition of Scottish Financial News by Hero Media & Entertainment, a newly-established division of the Hero Brands group. About 70 guests gathered for a reception on the rooftop terrace of the House of Gods hotel on Glassfor
