News

Wholesale financial businesses involved in retail markets will find it easier to comply with the Consumer Duty, following proposals from the Financial Conduct Authority (FCA).

Edinburgh fintech BR-DGE has raised £10 million in its latest funding round and secured a new growth investor, as it executes its international growth strategy. The company has seen a 15x increase in platform volumes in under two years, with transactions set to exceed 100 million per month by

NatWest Group has completed its acquisition of Evelyn Partners in a deal valuing the business at £2.7 billion.  At the end of 2025, Evelyn Partners had £69bn of Assets Under Management and Administration which, combined with NatWest Group’s £59bn at that date, would have

Professional services firm, AAB, has announced the promotion of three directors to partner, effective from 1 July 2026. Natalie Boyle (Glasgow), Graeme Robertson (Aberdeen) and Gregor McCallan (Aberdeen) have each been promoted to partner. The promotions are part of over 70 progressions for team mem

Scottish business confidence fell two points during June to 48%, according to the latest Business Barometer from Bank of Scotland. Companies in Scotland reported lower confidence in their own trading outlook month-on-month, down five points at 57%. When taken alongside their optimism in the economy,

Hero Media & Entertainment today announced the acquisition of the Scottish Bar & Pub Awards, DRAMScotland.co.uk, Scotland’s leading news platform for the licensed trade, and HotelScotland-online.co.uk the country’s dedicated online trade news magazine serving the hotel sector. Th

Women are more likely to be worried about affording everyday outgoings over the next 12 months as day-to-day financial pressures threaten long-term savings and investments, new research from Scottish Friendly reveals. The mutual’s latest Family Finance Tracker research shows that 71% of women

A new financial planning business has launched in Aberdeen, bringing together almost two decades of experience and a relationship-led approach to helping clients plan for their financial future. Fifty Financial Planning, founded by Advising Principal and Director Elaine Clunie, provides personalised

Growth in the UK was at a faster pace than many had expected at the beginning of the year, 0.6% in the first quarter of the year. The data from the Office for National Statistics show the UK outpaced the rest of the G7. The US and Japan were close behind, with quarterly growth of 0.5%, while Italy a

Children in Michigan could be allowed to run lemonade stands without permits or licence fees under legislation approved by the state House of Representatives. The bill would exempt minors operating temporary food businesses on private property from permit requirements, provided they sell only lemona

Hundreds of unwanted treasures from the Scottish castle bought by comedian Alan Carr are heading to auction.

Murphy Wealth has appointed Shane Presley to the role of senior financial planner. Mr Presley joins the Glasgow-based wealth manager as a senior financial planner, bringing with him more than 30 years’ experience across financial advice, planning, and investment. A member of both the Char

HMRC has launched legal proceedings to wind up two Glasgow-based companies suspected of promoting tax avoidance schemes that may have affected NHS and local council workers in Scotland.

A new partnership between two of Scottish fintechs is set to simplify the regulated onboarding of clients and customers for financial services firms as the sector faces increasing pressure to implement digital infrastructure to meet compliance requirements.  Legado and Amiqus have formed a tech

The Financial Conduct Authority (FCA) is proposing changes to listing rules for investment trusts which will strengthening shareholder protections. The suggested reforms come in the wake of Saba Capital’s successful ousting of the board of Edinburgh Worldwide Investment Trust in April, replaci