News

Investment opportunities were central to Tartan Week celebrations as some of Scotland’s most innovative tech firms pitched to North American venture capital investors in New York. Companies covering sectors including data, robotics, health tech, software as a service (SAAS) and clean tech had

Carlos Abarca, former chief information officer (CIO) at TSB Bank, has been personally fined £81,620 in an unusual move by the Bank of England's Prudential Regulation Authority (PRA) for inadequately managing an IT migration that led to massive disruptions for millions of customers.

The Turkish central bank is reportedly purchasing millions of US Dollars daily from vendors at Istanbul's Grand Bazaar in response to the nation's foreign currency crisis.

Edinburgh-based coach tour operator Timberbush Tours has marked its 25th anniversary by rolling out a £4 million coach replacement programme, as the company’s founder urges the Scottish and UK governments to offer more support for the coach industry’s transition to zero emission co

The Financial Reporting Council (FRC) has handed out a fine of £1.3 million to KPMG and its former employee Stuart Peter James Smith for audit failings, after it concluded its investigation into the statutory audit of Luceco Plc's financial statements for the financial year ended 31

Oxygen Conservation, a company committed to tackling climate change and the biodiversity crisis, has acquired 23,000 acres in Scotland with the support of a £20.55 million loan facility from Triodos Bank UK. The 23,000 acres consist of 11,390 acres of Langholm Moor, known as Blackburn and Hart

Independent property advisory firm, Lismore Real Estate Advisors, recently published its review of the Scottish investment market for Q1 2023, and has predicted growing interest in prime city centre offices, especially in cities with limited supply such as Edinburgh. Director of Lismore, Colin Finla

Governor Andrew Bailey has revealed that the Bank of England is contemplating reforms to the UK's bank deposit insurance guarantee scheme, which may result in increased protection for customers.

Scottish native cloud platform specialist, Forrit, has received a £5 million funding boost from the Scottish National Investment Bank. The investment will enable the Edinburgh-based technology developer to grow its workforce and target new markets.

Responsible finance provider Social Investment Scotland (SIS) has appointed four new board members. Joining the board and bringing a wealth of experience are, Caroline McLaughlin, Ian Mitchelmore, Samantha Bett and Kathleen McLeay.

Scottish consumers are prioritising everyday essentials, like food shopping and spending on children and pets ahead of beauty, home improvements and nights out when it comes to managing finances.

The median FTSE 100 CEO package increased by 12% last year, from £3.72 million in 2021 to £4.15m in 2022 – based on Deloitte's analysis of data from the first 55 companies to publish their 2022 annual reports.

The London stock market saw a sluggish beginning to 2023, as only five issuers raised a mere £81 million in the first quarter of the year. The main market had just two IPOs, raising a total of £63m, while the Alternative Investment Market (AIM) had three admissions, raising £18m. T

International investors are prepared to play the longer game when it comes to property purchases in Scotland, according to Lindsays partners Derek Nash and John Bett, who have said there remains “definite” interest from potential overseas buyers in the Scottish market. But the two a

Bridging Finance Solutions has revealed plans to expand into Scotland as part of the national specialist lender's ongoing development plans. The Wirral-based firm, whose growth has averaged a rate of 30% for the past five consecutive years, is now making bold moves into Scotland, forging partnership