News

A fortune teller has been arrested on suspicion of defrauding around £35 million from clients. The 53-year-old woman, who also presented herself as a feng shui master, allegedly preyed on clients by predicting that there was a "billionaire" in their future.

A new report on Scotland’s International Strategy highlights that Scottish Government efforts to promote the nation abroad have been integral to securing record export sales, inward investment, and tourism growth. The annual report, launched by External Affairs Secretary Angus Robertson, detai

Senior executives from HSBC and Barclays have warned Westminster that UK banks are being put at a significant disadvantage by "onerous" capital rules, losing ground to Wall Street rivals and the fast-growing private credit sector. Speaking to the House of Lords financial services regulation committe

Crypto exchange Coinbase is launching a significant challenge to UK fintechs and traditional banks with a new high-interest savings account.

The Financial Conduct Authority (FCA) is strengthening its international footprint by launching a strategic partnership on artificial intelligence (AI) with the Monetary Authority of Singapore (MAS).

Scottish businessmen James and Sandy Easdale, owners of the McGill’s Group, have donated £25,000 to Glasgow Children’s Hospital Charity to help fund its vital hospital play programme – which provides joy, comfort and essential emotional support for hundreds of young patients

An independent report, Scaling Scotland: Building the Engine for the Next 50 Years of Prosperity, by former Skyscanner C-suite executive Shane Corstorphine and a high-level panel of business leaders has addressed what is increasingly recognised as a significant challenge for Scotland’s busines

The Scottish Government is advancing plans to re-establish a direct ferry route between Scotland and Europe, linking Rosyth to Dunkirk. Agriculture and Connectivity Minister Jim Fairlie has instructed officials to prepare a consultation on the new service.

Scottish Borders Council is "living beyond its means" and must find ways to "rein in spend" after facing a forecasted £5.6 million budget gap for the rest of the financial year. Suzy Douglas, the council's head of finance, informed the Executive Committee of the "significant budget pressures".

The Scottish charity audit threshold will rise to £1 million of gross income per year for reporting periods beginning on or after 1 January 2026, up from the current threshold of £500,000. The Amendment Regulations making this change were laid before the Scottish Parliament on Monday 10

Scotland’s salmon industry now contributes £1 billion annually to Scotland's economy, a new independent study has revealed.

Whisky producer Ardgowan Distillery Company Ltd has announced the internal promotion of Paula Gaffney to the role of finance director. Ms Gaffney, a Port Glasgow native, steps into the role following her successful tenure as company accountant at the firm.

A trio of thieves disguised as construction workers stole a safe containing more than $3.2 million (c. £2.44m) worth of jewellery from a New York home last month, police said. The suspects, dressed in neon vests and hard hats, broke into the Jamaica Hills residence through a back door around 2

After nearly three decades in the world of corporate finance, banker Mark Hull has made a radical career change, trading his desk for the outdoors to launch the new Greensleeves Lawn Care franchise in South Glasgow. Originally from Belfast, Mr Hull initially trained as a chartered accountant and wen

A growing number of employers across the capital are committing to paying the real Living Wage, which now sits at £13.45. New numbers released to mark Living Wage Week have revealed that there are now 790 accredited employers, collectively employing over 221,000 workers across Edinburgh.