Bitcoin and other cryptocurrencies experienced a significant rally over the weekend, spurred by the announcement of a US strategic crypto reserve. Bitcoin climbed above $92,000, an 18% increase from its Friday low, while Ether rose by 13% to around $2,300.
News
Trump Turnberry has reaffirmed its readiness to host The Open Championship, despite the R&A's continued stance that the Ayrshire resort is not currently under consideration.
The UK government has relinquished its position as RBS-owner NatWest Group's largest shareholder, with its stake falling below 6% on Friday. This marks a significant milestone in the bank's journey back to full private ownership, more than 16 years after its taxpayer-funded bailout during the 2008 f
The board of directors of Julius Baer Group Ltd is set to nominate Noel Quinn as new non-executive chairman for election to the board at the upcoming annual general meeting (AGM) on 10 April 2025. He will succeed Romeo Lacher, who, as announced on 27 January 2025, has decided not to seek re-election
HM Revenue & Customs (HMRC) is set to replace Barclays with Bank of Scotland-owner Lloyds Banking Group in a significant government banking contract, ending a ten-year agreement. The move, worth £99 million to Lloyds, comes as HMRC awards a new £334m, 12-year contract to a consortium
Rob Aberdein has been appointed as group managing director of Simpson & Marwick. Mr Aberdein returns to the helm after three years as chief commercial officer at Progeny, the private-equity backed professional services firm that acquired Moray Group in 2022, a business he founded.
SRG LLP Chartered Accountants has appointed Scott Hunter as partner of the firm, strengthening the firm’s leadership team and further building on its expertise in audit, accountancy, and business advisory services. Mr Hunter brings over 20 years of experience in the industry, having previ
Military personnel from the Ministry of Defence (MOD) now have the opportunity to enhance their skills and career prospects through the Institute of Chartered Accountants of Scotland (ICAS)’s new qualification, which promises to open doors to an extensive range of business roles following thei
A recently completed build-to-rent scheme located in the heart of Glasgow has been refinanced following a £14.4 million loan from Secure Trust Bank (STB) Real Estate Finance.
Andrew Hannay, a highly respected independent financial advisor in Edinburgh, has retired after more than three decades of service.
A woman has admitted trying to defraud Elvis Presley's family of millions of dollars and their stake in the rock-and-roll legend's iconic Tennessee home, Graceland. Lisa Jeanine Findley, 53, orchestrated a scheme to conduct a fraudulent sale of Graceland – using a fake company, forged document
The Scottish Government is exploring plans to grant local councils the power to impose a levy on cruise ship passengers. While a nationwide cruise ship tax has been ruled out, a consultation has been launched to gather views on whether councils should have the option to introduce such a charge. &nbs
Thousands of Nationwide, TSB, and Bank of Scotland-owner Lloyds Banking Group customers across the UK experienced significant disruption on Friday morning as a technical fault rendered their mobile banking apps inaccessible. Downdector recorded a surge of over 4,000 reports of issues, affecting user
Lloyds Bank's top executives are set to receive substantial bonuses, despite the lender's recent financial results and ongoing branch closures. Chief executive Charlie Nunn will receive a £1.1m bonus, with finance boss William Chalmers set for £812,014, according to the bank's annual rep
Glasgow-based packaging provider, Macfarlane Group, has announced a 3% rise in pre-tax profits for 2024, reaching £20.9 million, despite a 4% decrease in revenue to £270.4m. The company's resilience comes amidst "challenging" market conditions, with its core packaging distribution busine