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The Financial Stability Board (FSB) has published a consultation report on Sound Practices for Responsible Adoption of Artificial Intelligence (AI). The sound practices focus on AI-specific aspects and risks that are relevant to financial institutions and financial stability.

Ahead of new legislation expected to come into force in April 2027, the Financial Reporting Council (FRC) will develop technical actuarial guidance to help scheme actuaries certify that surplus payments to employers meet the legislative requirements. The UK Government is consulting on legislation un

SpaceX makes its long-awaited stock market debut today in what is expected to be the largest initial public offering in history.

Accountancy, business and financial advisory firm Armstrong Watson has secured a place in The Sunday Times 2026 Top 100 Apprenticeship Employers list, ranking 51st. The firm, which currently employs almost 200 trainees across Scotland and the North of England, featured in the Sunday Times list for a

Growth investor BGF has completed a successful exit from innovative well technology company isol8, as the firm has been acquired by global energy service company Archer. The acquisition of isol8 advances Archer’s strategy to become the well plug and abandonment (P&A) company of choice

The UK economy contracted by 0.1% in April, official figures show, as the conflict in the Middle East began to weigh on growth and energy prices climbed following Iran's closure of the strait of Hormuz. The fall in gross domestic product, which economists had anticipated, followed a 0.3% rise in Mar

Young people in Scotland are increasingly turning to AI tools and social media to guide their careers, in some cases replacing advice traditionally provided by parents and teachers, according to BDO. The firm's Young Minds 2026: The Unequal Advantage report, based on a survey of 2,000 18 to 25-year-

With SpaceX's debut on the Nasdaq today, a record-breaking IPO that has billions riding on it for Edinburgh's investment trusts, Elon Musk becomes the world's first trillionaire. Already the world's richest man, worth roughly $696bn before the float according to the Bloomberg Billionaires Index, Mus

Johnston Carmichael has strengthened its leadership team with seven senior appointments across the business, including one partner promotion. The move forms part of its continued investment in developing future leaders and building a lasting legacy as the firm celebrates its 90th anniversary this ye

Johnston Carmichael has promoted its chief legal officer (CLO) Keith Hamilton to partner, reflecting the strategic importance of the firm's legal and governance function and recognising his leadership. Mr Hamilton, who joined the firm in January 2023 as legal counsel and was subsequently promoted to

Employers across Scotland are being urged to review their payroll processes and employment practices urgently amid growing scrutiny over National Minimum Wage (NMW) compliance and the expanding enforcement powers of the Fair Work Agency (FWA). Azets, which has offices in Aberdeen, Ayr, Edinburgh, Gl

A new analysis from the Resolution Foundation has reignited debate over the future of the State Pension Triple Lock, arguing that the policy is too expensive, ineffective at tackling poverty, and unsustainable for the public finances. The briefing, published this week, notes that the State Pension i

  UK adults are building cash savings, but a reluctance to invest means millions may risk missing out on potential long‑term growth, new research from Scottish Friendly has found.

Business activity fell across Scotland’s private sector midway through the second quarter, the latest Royal Bank of Scotland Growth Tracker has revealed. The headline RBS Business Activity Index – a seasonally adjusted index that measures the month-on-month change in the combined output

House prices in Scotland have continued rising, according to the balance of respondents to the latest Royal Institution of Chartered Surveyors (RICS) Residential Market Survey, albeit at a more modest rate than has been seen previously.