News

Edinburgh Worldwide Investment Trust (EWIT) has convened a shareholder meeting for 20 January to address a renewed challenge from New York hedge fund Saba Capital Management. The trust, managed by Baillie Gifford, is strongly urging investors to reject Saba's proposal to oust the current board and i

Edinburgh-based Sofant Technologies has secured £6.25 million in an equity funding round led by EMV Capital Partners, with additional participation from Scottish Enterprise. This significant financial injection marks a pivotal shift for the company as it transitions from an extended research a

Scottish Financial News has recorded a year of robust expansion, increasing its readership and expanding its social media presence. The publication recently surpassed the significant milestone of 10,000 followers on LinkedIn and is currently on track to reach 11,000 in the coming months. In a m

The Payment Systems Regulator (PSR) is implementing significant changes designed to provide businesses with increased clarity regarding card payment fees. These measures stem from a market review which concluded that Mastercard and Visa face insufficient competition, leading to rising fees and uncer

The UK government has announced a significant reversal on its inheritance tax policy for family farms, raising the tax-free threshold for agricultural and business property from £1 million to £2.5m. Experts at Johnston Carmichael have characterised the decision as an "early Christmas pre

Over the course of 2025, Scottish Financial News published more than 240 articles in our popular And finally section – sharing offbeat and weird financial and business news stories from around the world. But what were the most popular? Read on to find our most-read And finallys of 2025.

Chancellor Rachel Reeves has announced she will deliver her Spring Statement on 3 March, providing an update on the UK’s economy and public finances. She has instructed the Office for Budget Responsibility (OBR) to prepare an economic and fiscal forecast to accompany the statement on the same

Elizabeth Pirrie, the CEO of the business incubator AccelerateHER, has acquired full ownership of the company. Having served as chief executive since 2022, Ms Pirrie described the acquisition as "both a continuation and a new chapter". She has not disclosed specific details regarding the transaction

Denise Coates, the billionaire founder and chief executive of Bet365, secured a total remuneration package exceeding £260.8 million for the financial year ending in March. This figure represents a 65% year-on-year increase from £150m, comprised of a £104m base salary and a signific

Businesses and research organisations operating in the Highlands and Islands marine economy are being asked for ambitious project ideas to help secure £20 million for the region.

Business confidence in Scotland fell 15 points during December to 36%, according to the latest Business Barometer from Bank of Scotland. Companies in Scotland reported lower confidence in their own business prospects month-on-month, down 24 points at 38%. When taken alongside their optimism in the e

The Post Office has finalised a new five-year agreement with Cash Access UK to continue operating and expanding Banking Hubs across the nation. The deal reinforces the Post Office's central role in maintaining financial inclusion, building upon the 200 hubs already in operation. The partnership is a

The City of Edinburgh Council, in partnership with the independent Edinburgh Slavery and Colonialism Legacy Review (ESCLR) Implementation Group, has been awarded £239,746 to significantly progress the recommendations of the ESCLR. Published in 2022 and led by Sir Geoff Palmer, the ESCLR report

The Udny Arms Hotel, a historic boutique hotel in Newburgh, Aberdeenshire, that dates back to 1865, has been placed into administration by its directors in an effort to safeguard up to 40 full and part-time jobs. Kevin Mapstone of Begbies Traynor was appointed as administrator of the Udny Arms Hotel

Womble Bond Dickinson (WBD) has advised private equity firm Piper on a £7 million investment in artistry-led make-up brand VIEVE as part of a £9m funding round to fuel the company’s next stage of growth. Founded in 2020 by Scottish make-up artist Jamie Genevieve, VIEVE has establis