News

Revolut has posted a 95% surge in revenues to $2.2 billion (around £1.74bn), and a record profit before tax of $545 million (around £430m), marking the fintech's third consecutive year of profitability. The company attributed its success to a focus on core banking services in Europe, str

Amid a looming retirement crisis and cost of living pressures, 64% of UK adults are being held back from investing in the next six months due to low risk tolerance, lack of confidence in the UK stock market and low engagement with investment products, according to abrdn. The findings come from the g

A recent survey of nearly 100 Scottish finance leaders has revealed a sector poised for AI-driven transformation.

Perth-based fintech Miconex has picked up the 'A Force for Good' award at the 2024 PayTech Awards. A commitment to positively impacting people, places and businesses was the driver for Miconex being honoured at the recent PayTech Awards, held on 28 June at Merchant Taylors’ Hall, London,

Scottish motor vehicle repair garage Anderson Clark Motor Repairs has transitioned to employee ownership.

Edinburgh-based renewable energy company Red Rock Power has become the latest tenant to commit to a long-term lease at 30 Semple Street. The office development, being undertaken by Corran Properties Limited on behalf of CBRE Investment Management, will complete later in 2024.

The Scottish Procurement Alliance (SPA) has reported a record-breaking year, supporting over 270 new projects worth £175.4 million to the Scottish economy in 2023/24. Newly published stats from the not-for-profit show it also worked with more public sector bodies in 2023/24, attracting si

A set of drawings by a teenage Queen Victoria are to be sold at auction in London next week.

Edinburgh-based entrepreneur Andrew Morrison, has launched his new business, Business Sale Basecamp, a consultancy aimed at helping business owners prepare their companies for sale. Drawing on his own experience selling his multi-million-pound company, AM Bid, the former IoD Scotland Direc

The National Galleries of Scotland (NGS) has said it will maintain its sponsorship deal with Baillie Gifford, despite other cultural institutions cutting ties amid activist pressure due to the investment firm's links to fossil fuels and Israeli settlements in the occupied West Bank. National Galleri

The hottest May on record, albeit wet, saw profits of Scottish hotels overtake the rest of the UK, according to the RSM Hotels Tracker.

Accountancy firm Infinity Partnership has raised £6,150 for the Aberdeen Lads Club Community Project through its participation in the Aberdeen Kiltwalk. Simon Cowie, managing partner at the Aberdeen-based firm, and his wife, office manager Tracy Cowie, completed the 18-mile walk from Duthie Pa

Park Property Management has acquired the residential factoring division of Lorimer Property Group based in East Kilbride. The acquisition is part of Park PM’s strategic growth plan and brings the value of assets in its estate to over £1 billion under management, creating one of Scotland

Close Brothers Asset Management (CBAM) has appointed Marcelo Rodrigues as managing director for Scotland, where he will be responsible for CBAM’s HNW advice presence and capabilities across the country. Joining from Schroders Personal Wealth in Scotland and Northern Ireland where he was respon

ScottishPower has appointed Charles Langan as its new chief financial officer and Nicola Connelly as chief executive of SP Energy Networks. Both are established leaders within ScottishPower with Mr Langan previously holding senior finance roles in the UK and Spain, notably managing the Iberdrola Gro