News

Nationwide Building Society has seen its profits almost double to £823 million throughout the Covid-19 pandemic as its customers saved an extra £10 billion over the last year. The lender, which is the UK's biggest building society, revealed a huge rise in deposits as customers chose to s

Core-Asset Consulting, recruitment specialists for Scotland's financial services sector, has outlined the top seven "trending" career paths for those looking to enter work or to retrain in. Based on statistics and industry insights from its annual salary guide, the firm has pinpointed five areas tha

Nationwide Building Society, the UK’s second-largest mortgage lender, has predicted that house prices will continue to rise this year beyond the end of the stamp duty holiday.

Almost 64,000 staff at HMRC will be allowed to work from home at least two days a week from next month, despite UK Government aims to get workers back into offices in the aftermath of the Covid-19 pandemic.

Edinburgh-based Orocco has become the first building company in the UK to accept cryptocurrency as payment for projects. The move to adopt such a payment solution for client transactions comes as part of a revised business strategy at the firm, which was formed in 2012.

TSB has delivered a boost to small and medium-sized businesses (SMEs) with a new offer of 25 months’ free banking, up from six months previously. TSB’s free banking offer will give start-ups breathing space to get up and running, and help businesses that have been hit by the pandemic to

Tony Danker, CBI director-general, has outlined the findings from a new, landmark economic plan seeking to establish a competitive, dynamic and future-focussed UK following the shocks of Brexit and Covid-19 and in the run-up to COP26 in Glasgow. Seize the moment: how can business transform the UK ec

The Financial Reporting Council (FRC) has published research revealing that workforce engagement lies at the heart of good corporate governance. The research, by Royal Holloway at the University of London and the Involvement and Participation Association found that many FTSE 350 annual reports appea

A Canadian soldier has been court-martialled for allegedly serving cannabis-laced cupcakes to an artillery unit during a live-fire exercise.

Pensions giant Scottish Widows has called for performance fees to be banned in a move that will heighten pressure on City fund managers to reform their practices. The Edinburgh-based firm said the payment of performance fees by workplace pension investors was not justified.

Scottish professional services staff have been overwhelmingly positive in response to working remotely and see a ‘hybrid’ model as the optimum working arrangement in the future, according to research of its staff by Scottish business consultancy firm French Duncan. French Duncan introduc

The Corporate Insolvency and Governance Act 2020 imposed a temporary halt on the use of statutory demands and winding up petitions where the tenant is unable to pay its bills because of coronavirus. As a result two uniquely Scottish remedies available to landlord creditors have come into the spotlig

The wealthiest people in Scotland have been identified in the latest edition of The Sunday Times Rich List. Anders Povlsen, the Danish billionaire who owns more land in the UK than the Queen and the Church of Scotland combined, is the richest person in Scotland according to the list. 

Continulus, the Scotland-headquartered online video-learning platform for health professionals, has hired Scott McIntosh as its new chief financial officer. Scott McIntosh is an experienced finance director with 20 years’ experience across the private equity sector. He joins Continulus from Sc

Anjli Shah, co-manager of the $50m Aberdeen Standard Investments (ASI) Global Mid-Cap Fund, discusses opportunities within the global mid-cap sector and why it remains an interesting investment proposition. Measured by the MSCI World Index, mid-caps have outperformed their larger peers by around 10%