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Standard Chartered PLC has announced a further $1.5 billion (c. £1.2bn) share buyback following a 20% jump in underlying pre-tax profit to $6.8bn (c. £5.4bn) for the year ending 31 December 2024. This surge was driven by a 13% increase in operating income to $19.7bn (c. £15.6bn), w

Bank of Scotland-owner Lloyds Banking Group has reported a significant 20.4% drop in annual pre-tax profit, falling short of market expectations. The UK's largest mortgage lender posted a profit of £5.97 billion for 2024, down from £7.5bn in 2023, missing analysts' forecasts of £6.

HSBC has announced plans to save $300 million (c. £240m) in 2025 and cut $1.5 billion (c. £1.2bn) from its annual cost base by the end of next year. This comes as the bank details the impact of Group CEO Georges Elhedery’s restructuring. The bank also aims to redeploy $1.5bn from n

Moore Global, one of the UK's largest mid-tier accountancy groups, has announced record revenues for 2024, boosted by private equity investment. The network of 227 member firms across 114 countries saw a 13% increase in revenue, reaching $5.1 billion (c. £4bn). While some of this growth came f

NatWest has announced a rise in annual profits, boosted by loan growth, improved margins, and low default rates, despite a weakening UK economy in the latter half of the year. The bank reported net income of £4.8 billion, up from £4.6bn the previous year.

Barclays CEO CS Venkatakrishnan has seen his pay more than double to £10.5 million, up from £4.6m in 2023. This substantial increase coincides with a 24% rise in the bank's annual pre-tax profits, reaching £8.1 billion. The profit surge was driven by a rebound in investment banking

Edinburgh-based consultancy Optima Partners – which helps businesses solve challenges by integrating AI, machine learning, and GenAI – has announced a record year of expansion, achieving 40% turnover growth in FY24. This hypergrowth, as defined by the World Economic Forum, puts the firm

The Di Maggio's Restaurant Group (DRG) has reported record annual turnover of £49.52 million for the year ending April 2024, an increase of £3.68m from the previous year. Operating profit before exceptional items also rose by £1.18m to £6.23m. These results come despite chall

Scottish soft drinks maker AG Barr saw its shares climb after reporting a 5% rise in annual revenue, driven by strong performances from its core brands. Turnover for the year ending 25 January is expected to reach approximately £420 million, up from £400m the previous year. Irn-Bru, Rubi

Livingston Designer Outlet has marked a record-breaking 2024, celebrating its highest annual sales to date. Across the year, sales across all categories saw significant growth, with Outdoor and Catering emerging as top-performing categories, recording impressive increases in sales by +35% and +14% r

Abrdn shares jumped over 4% today after reporting improved inflows, offering a glimmer of hope for the challenged asset manager. The firm saw £1.2 billion in net inflows in the fourth quarter of 2024, a significant turnaround from £5.7bn of outflows a year prior. Despite this, abrdn stil

Energy advisory and engineering consultancy Apollo Engineering Consultants has reported a 20% increase in revenue to £12 million for the year ending 31 March 2024. This growth, achieved despite challenging market conditions, reflects the Aberdeen-headquartered firm's ability to deliver value a

Angus Dundee Distillers, producers of Tomintoul and Glencadam single malt whiskies, saw turnover fall by nearly £20 million last year, according to their annual accounts. Pre-tax profits also decreased by 43%, dropping from £31m in 2023 to £17.6m to the end of June 2024. Turnover f

Airdrie-based DataVita, a provider of critical digital infrastructure and cloud solutions, has delivered record total sales of £13.34 million in the year ending 30 June 2024, a 46% increase from £9.12 million the previous year. Gross margin improved by 62%, reaching £6.15m, reflect

Aberdeen-based project risk management consultancy Prism Energy has reported a doubling of both turnover and workforce in 2024, continuing a five-year trend of annual turnover growth. The firm's revenue reached £2.5 million for the year ending March 2024, and the firm projects this figure will