News

The Financial Conduct Authority (FCA) has confirmed it will proceed with an industry-wide redress scheme to compensate motorists who were mis-sold car finance, following a finding by the courts that lenders broke the law by failing to disclose key information to customers.

Edinburgh-based payment orchestration provider BR-DGE has partnered with betting operator Betfred to support high-performance payments. Betfred is using BR-DGE as its payment orchestration layer to manage both pay-ins and pay-outs through a single integration. Now live in the UK, with additional mar

Scottish green chemical producer Celtic Renewables has renewed its partnership with the independent ultra-premium whisky distillery Rosebank, part of Ian Macleod Distillers, for another three years. The partnership will see Rosebank Distillery in Falkirk send the pot ale by-product produced during i

Firms keen to explore growth in Asia’s largest markets amid the shifting global trade scene are invited to a free advice session focused on China and Hong Kong. Azets is hosting the event at its Glasgow office and has invited a Shanghai-based e

Scotia Homes has reported a pre-tax loss of £7.9 million for the year to June 2025, more than triple the £2.6m recorded in the previous year. The Ellon-based housebuilder has been hit by a sharp downturn in the new-build market and the costs of a major restructuring programme.

Average rents in Scotland's private rented sector (PRS) have climbed by £21 to reach £1,022 per month, an annual of 2.4% increase between March 2025 and February 2026, at a time when the inflation rate was 3.11%, according to analysis by DJ Alexander Ltd. The lettings and estate agency s

A Tesco supermarket in Kirkwall, Orkney, has been giving away thousands of bananas after an ordering error resulted in a delivery of 38,000 pieces of fruit – 380 boxes of approximately 100 bananas each. A spokesperson for the supermarket said that colleagues had been inviting local schools and

Law firm CMS is to host a new event aimed at helping junior professionals enhance their understanding of ESG (Environmental, Social and Governance) issues within the workplace. The Breaking Down the Buzzword event is led by CMS’s Scotland ESG Focus Group in collaboration with CMS Link, a netwo

Scotland's professional finance community is calling on the next Scottish Government to take urgent action on economic growth, skills, tax reform and net zero, warning that without bold policy change, Scotland risks falling behind. ACCA has published a policy prospectus for the next Scottish Parliam

KPMG is cutting nearly 600 jobs across its UK audit and advisory divisions as the Big Four firm grapples with sluggish market conditions and mounting cost pressures. Around 440 assistant manager roles in the audit business are at risk, out of a total of 590 positions identified for potential redunda

A Scottish think tank has accused the Scottish Government of pursuing housing policies it knows to be ineffective, warning that John Swinney’s proposed Help to Buy scheme for first‑time buyers will inflate prices, waste public money, and deepen the housing crisis rather than alleviate it.

Freeths, which has an office in Glasgow, has unveiled the findings of its 2026 Employment Survey, providing a data-driven snapshot of the evolving HR landscape and the strategic priorities shaping UK workplaces for the year ahead. Drawing on responses from senior HR and business leaders across a wid

Shepherd and Wedderburn has announced that Andy Hall will succeed Andrew Blain as managing partner from May 2026. Following his traineeship with the firm between 1993 and 1995, Mr Hall specialised in real estate development where he built a strong and varied practice, joining the partnership in 2003

The UK’s top 25 child savers are sitting on junior ISA (JISA) fortunes worth nearly an average of just under £400,000 (£397,500), according to new figures obtained from HMRC by Murphy Wealth. By comparison, that is nearly eight times the £53,000 average debt students leave un

A man who developed a gambling addiction at the age of 13 has been sentenced after embezzling nearly £96,000 from his employer by exploiting a security flaw in the company's financial systems. Jack Duthie, 27, was working in a financial role at Norwegian oil and gas operator DNO North Sea PLC,