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Sterling and the London stock market fell sharply on Friday, while UK borrowing costs surged, after Andy Burnham confirmed he would contest a by-election as part of a bid for the Labour leadership. The Mayor of Greater Manchester's announcement was followed by the resignation of Wes Streeting as Hea

Edinburgh-based artificial intelligence fintech Aveni has strengthened its senior leadership team with the appointment of Kent Mackenzie as chief commercial officer. With a career spanning over 20 years across tier-one banking institutions, consultancy and AI regtech, Mr Mackenzie brings deep expert

Baillie Gifford European Growth Trust’s new portfolio manager has repositioned its investments in response to global conflicts and their impact on energy prices and economic growth. Joe Faraday, who was installed at the beginning of April, said that the adjustments “cannot, amount to a p

An inquiry has been launched into the impact of banks closing more than 6,700 branches in the past decade and whether they should be compelled to introduce more face‑to‑face services. Richard Lloyd, a former executive director at the consumer group Which?, will gather evidence for the Access to

A French academic is under investigation after allegedly inventing a philology prize and awarding it to himself. Florent Montaclair, who taught without incident for 20 years at a university in Besançon, eastern France, received the so-called Gold Medal of Philology at a 2016 ceremony at the N

Broadridge Financial Solutions, a US-based fintech company, has opened an office in Glasgow to help financial services companies achieve operational resilience at a time of geopolitical tensions. As a provider of business process outsourcing (BPO) services it has launched with a global investment ba

Turnover at law firm Burness Paull has broken through the £100m turnover threshold for the first time following double-digit growth in business. Annual revenue for the year to the end of March 2026 rose 12% to £105.2m (2024/25: £93.5m) and profit increased 27% to £45.7m (2024

The head of JPMorgan's private bank in Scotland has underlined the firm to expand its Scottish arm despite global economic uncertainty.

Eddy’s Food Station, the business founded by former Dundee United chairman Stephen Thompson has been wound up with millions of pounds still owed.

UK tech firms have been called upon by The City of London Corporation for support for a digital verification network to combat fraud.

UK real gross domestic product (GDP) is estimated to have increased by 0.6% in Quarter 1 (Jan to Mar) 2026, according to the latest figures published by the Office for National Statistics (ONS).

A company set up to deliver a new housing development in Strachur, Argyll and Bute, has entered administration following what administrators described as “significant completion delays and cost overruns”.

Pope Leo XIV has encountered trouble contacting his bank, as the customer service line hung up on him.

The Aberdeen and Aberdeenshire housing market showed broad stability in the first quarter of 2026, according to the latest Aberdeen Housing Market Report published by the Centre for Real Estate Research (CRER) at the University of Aberdeen Business School, using data supplied by ASPC.

The 2026 King’s Speech has confirmed the introduction of the Enhancing Financial Services Bill and the Small Business Protections Bill, aimed at modernising the UK’s regulatory landscape and tackling the "scourge" of late payments. The financial services legislation is designed to delive