HonuWorx, a Scottish underwater robotics company, has received a seven-figure investment to advance its plans to transform operations in the energy and security sectors.
Deloitte has welcomed over 70 new people to its graduate, BrightStart apprenticeship and industrial placement programmes this week for a blended in-person and virtual induction across Aberdeen, Edinburgh and Glasgow.
ASOS, the online retailer, has sold a significant 75% stake in Topshop to parent company Bestseller, owned by Scotland’s wealthiest man – Danish billionaire Anders Povlsen – in a deal worth £135 million.
The Financial Conduct Authority’s (FCA) has revealed marked improvements in its authorisations process, with 98% of cases now assessed within statutory deadlines, in its latest annual report.
The Capital Markets Industry Taskforce (CMIT) has highlighted the need for an additional £100 billion annual investment over the next decade to drive long-term growth in the UK economy.
In a move set to benefit younger and less wealthy investors, HM Revenue & Customs (HMRC) has reversed its position on fractional shares in Individual Savings Accounts (ISAs).
Several of the UK’s largest mortgage lenders have significantly reduced interest rates this week, with some deals now available for under 4%, according to Moneyfacts.
The Financial Conduct Authority (FCA) has called on banks and other financial institutions to enhance their efforts in aiding individuals struggling to obtain a bank account.
The Legal Services Agency in Glasgow is going from strength to strength after having secured a £50,000 funding package from responsible finance provider Social Investment Scotland (SIS).
Scotland’s Finance Secretary Shona Robison has unveiled plans for up to £500 million in spending cuts to balance the Scottish government’s budget amid “enormous and growing” financial pressure.