It Takes All Kinds of Minds: Capital to host global neurodiversity event

With as many as 1 in 5 people thought to be neurodivergent, Scotland will host an international event exploring hard-hitting topics ranging from stigma to sexual taboos associated with neurodivergence and provide a platform for work that showcases the diversity and expertise of neurodivergent people.

The ‘It Takes All Kinds of Minds’ global event at the EICC in Edinburgh will run from 13 – 14 March 2023 bringing together more than 50 of the world’s top neurodiversity thinkers, alongside healthcare experts, policy decision-makers, educators, employers, and families. Neurodivergent people will be represented in every part of the programme and amongst the delegates.

Edinburgh will play host to the international conference organised by the Salvesen Mindroom Centre, an international centre of excellence focusing on all kinds of neurodiversity.

The neurodiverse speaker line-up will include neuroscientists and nutritionists, campaigners, clinicians, artists, actors, and activists.

Keynotes will include Professor Sue Gathercole, OBE, of the University of Cambridge – an expert in cognition and education, and Chair of the UK’s REF panel for Psychology, Psychiatry and Neuroscience, and Dr Kathy Leadbitter of University of Manchester, who has pioneered work on neurodiversity-informed early intervention.

Other key speakers include Swedish clinician and psychiatrist Dr Lotta Borg Skoglund, who has been commended for her research into gender and neurodiversity, as well as her efforts to break down stigmas faced by neurodivergent young people.

She will be joined by popular Scandinavian writer and speaker Pelle Sandstrak who uses humour to share experiences of living with Tourette syndrome, jewellery designer Charlotte Garnet who launched an “anti-anxiety” collection, and leading sexologist Professor Lotta Löfgren of University of Malmö.

Looking ahead to next year’s event, Sophie Dow, Founder of the Salvesen Mindroom Centre and Co-Chair of ITAKOM said: “Since launching in 2000, Salvesen Mindroom Centre has been committed to raising awareness of neurodiversity, supporting families and funding research to improve the lives of neurodivergent people.

“It Takes All Kinds of Minds is a conference like no other. It will bring together science and reality by drawing on personal, practitioner and academic experience from around the world. Uniting different perspectives will help us all to understand neurodiversity better and we look forward to welcoming guests from around the globe.”

Dr Sue Fletcher-Watson, Director of the Salvesen Mindroom Research Centre and Chair of the It Takes All Kinds of Minds conference, said: “Neurodiversity is such a powerful idea but its transformational potential is only just beginning to be explored.

“ITAKOM will provide a platform for experts to share their findings and ideas, and for collective exploration of how they can be applied. That’s why we’re bringing together lived, research and practitioner expertise at the ‘It Takes All Kinds of Minds’ event next year.”

Marshall Dallas, EICC Chief Executive, said: “We are thrilled that the ‘It Takes All Kinds of Minds’ conference has chosen Edinburgh and the EICC.  As a pioneering hub for life sciences, Edinburgh is very well placed to host to this major international event in the field of neurodiversity.

“We’re looking forward to welcoming everyone involved in the event to the EICC next March.”

The conference will run from 13 – 14 March 2023. Early-bird tickets are £195 for personal tickets, £295 for delegates with funding, and £137 for those on reduced incomes. They can be booked at itakom.org.

To mark the one-year countdown, Salvesen Mindroom Centre partnered with the EICC to host an event on Thursday, 24th March 2022 as part of the conference centre’s ‘EICC Live’ series.

‘EICC Live: Beautiful Brain’ featured world-renowned neurological experts and was the most popular event in the series to date, breaking previous sign-up records.

Eggs-pert advice on how to have a dog-friendly Easter

With the bank holiday Easter weekend fast approaching, the UK’s largest dog welfare charity, Dogs Trust, is reminding dog owners to keep chocolate out of reach of our four-legged friends.

As Easter eggs and other tasty cocoa treats find their way into homes, the charity hopes to raise awareness of the continued risk that the consumption of chocolate poses to our canine companions. Dogs Trust is providing top tips and advice for owners on how to have a dog-friendly Easter. 

Josie Cocks, Dogs Trust Veterinary Surgeon, explains the importance of not allowing dogs to eat human chocolate: “Chocolate is poisonous to dogs, so owners should ensure they keep it out of reach of their four-legged friends. Whilst some chocolate is more toxic than others, any amount is potentially harmful to your dog.

“If you suspect your dog has eaten chocolate, we advise owners to contact their vets immediately. Chocolate poisoning can cause vomiting, diarrhoea, excessive thirst, excitability, drooling, seizures and potentially kidney and heart failure.”

The charity advises:

  • Never give your pooch any human chocolate as a treat. Ensure that children and visitors understand why and adhere to this rule too.
  • Make sure that bins are dog-proof to prevent them scavenging through rubbish.
  • Never leave any chocolate unsupervised, such as cakes cooling on worktop surfaces.
  • Teach your dog to move away from something when you ask them to ‘leave it’. This valuable life skill will come in handy if your dog reaches for something they shouldn’t have.
  • Keep a close eye on your dog whilst out walking, to avoid them scoffing discarded food that is potentially harmful.

Although our canine companions won’t be eating human chocolate, there are plenty of other ways for them to enjoy the holiday weekend.

Charlotte Huggins, Canine Behaviour Officer at Dogs Trust, offers some suggestions: “There are plenty of exciting things we can do with our pets over the holiday weekend.

“Taking them on their own Easter hunt around the house or garden, that includes dog-friendly treats instead of chocolate is a great way of bonding and giving our dogs lots of stimulation. 

“You could also use the front of Easter egg boxes to teach your dog to do the snoot challenge or use the boxes to hide their toys or treats in for them to sniff out. If you want to have a go at something a little bit different, get a couple of boxes set a little distance apart and holding your dog’s treats or favourite toy in one hand, slowly start to guide them in a figure of eight around the two boxes. Then reward your dog!

“Dog owners could also build them their own Easter bunny burrow, or ‘Doggy Den’ so your furry friend has a cosy, comfortable place to sleep undisturbed in the house.”

For more information and advice visit https://www.dogstrust.org.uk/advice 

Join Meningitis Now for Family Fun Day at The Falkirk Wheel

Charity Meningitis Now is inviting families from across Scotland with an experience of meningitis to join in the fun at its free Family Day at The Falkirk Wheel.

The day includes a 360-degree trip on the world’s only rotating boat lift, rising 35 metres to link the Forth and Clyde Canal with the Union Canal, and offering spectacular views across the Heart of Scotland.

As well as the opportunity to explore the centre’s activities those coming along can also join a private boat trip and take part in other family fun entertainment throughout the day. There will also be an opportunity to find out more about the support available from Meningitis Now for those fighting back from the disease. 

The Falkirk Wheel Visitors Centre is fully accessible and any dietary needs will be catered for. Refreshments and lunch are provided.

The Family Day takes place on Saturday 7 May and families from across Scotland are invited.

Registration for the all-day event, aimed at children and young people up to age 18 who have been affected by meningitis and their family, is now open on the charity’s website at www.MeningitisNow.org.

Alison Yelland, Meningitis Now’s Community Support Officer in Scotland, said: “Our Family Days are a great way for those affected by this devastating disease to join together, share their experiences and most importantly, have fun. 

“Whether a child in your family has had meningitis or you as a parent or carer have been affected, we would like to invite you to join us and other families to relax and talk with people who understand what the impact of this disease is like.”

Meningitis Now’s free Family Days, supported by Children in Need, are held in different locations up and down the UK to allow as many families as possible to attend.

They are designed to provide parents, guardians or grandparents with the opportunity to meet other local families who have been affected by meningitis and find out more about the support available to them through Meningitis Now. 

Those attending can join in the activities with the children or spend time chatting informally with other parents and Meningitis Now staff. 

“We know that the impact of meningitis reaches much further than the individual concerned,” Alison added. “It can have a huge effect on all those closest to them, especially family and friends. 

“Meningitis changes lives and futures, which is why bringing together families with similar experiences of the disease is so important.

“Having a fun day with your family may seem a small thing, but when your family has lived through the trauma of meningitis together, it means so much.” 

Places on the Family Day are limited and registration will be operated on a first come first served basis. Meningitis Now will operate a waiting list if the event is oversubscribed. 

To find out more about the day and register visit the website.

Meningitis Now is working towards a future where no one in the UK loses their life to meningitis and everyone affected gets the support they need.

It does this by funding research into vaccines and prevention, raising awareness so people know what to look for and what action to take if they suspect meningitis and rebuilding futures by providing dedicated support to people living with the impact of the disease.

Visit the website at www.MeningitisNow.org to find out more and learn the signs and symptoms.

SEPA’s flood messaging system to include multiple hazard warnings

The Scottish Environment Protection Agency (SEPA) is set to upgrade its Floodline messaging system and incorporate other hazard notifications for communities and businesses across Scotland.

Since 2011, the Flood Warning Dissemination system has issued regional flood alerts and local flood warnings to at risk areas 24 hours a day, seven days a week. Anyone can sign up to receive advance notice of flooding via an automated text or phone call for the area where they live, work or travel.

Work is now beginning to transform the system and improve the customer experience by using advanced digital technology.

The new Future Flood and Incident Messaging Service (FFIMS) will involve an initial phase of developments over the next year, including dynamic and location-based alerts. This means notifications will be more targeted to users within a set radius of areas at risk of flooding.

Other digital communication options will be included such as mobile alerts and email to make accessing local and live flooding information easier than ever before.

A second development phase will see localised three-day flood forecasts developed in addition to the national Scottish Flood Forecast, which is planned to go live in the next couple of months.

Digital developments which are resilient will be at the heart of FFIMS and will integrate with social media, Google and other web notification systems. SEPA will also explore the integration of multiple hazards within the new system.

These include a water scarcity alerting service highlighting where droughts are possible. This gives businesses time to plan ahead for water extraction, protecting both them and the environment.

BT, supported by HTK, has been awarded the contract to provide the new service for the next 12 years, delivering the digital innovations required. The contract is also the first where suppliers are required to deliver ambitious targets in line with SEPA’s Regenerative Goal.

Within this decade, SEPA aims to reduce all of its emissions and impacts to zero or net zero, while at the same time taking actions that repair the environment.

Pascal Lardet, Flood Unit Manager for the Scottish Environment Protection Agency (SEPA) said: “SEPA has a pivotal role to play in helping communities avoid flood risk where they can, adapt where they cannot and act when warned of flooding.

“Developing a messaging system, which is both resilient and innovative, is key to ensuring residents and businesses have the information relevant to them when it matters most.

“The science on climate change is clear that extreme weather events are likely to increase in the future. Flooding is just one example that poses a real threat to people and property. The impacts can be devastating and that’s why it’s more important than ever to have a system like this in place.”

Senga Thomson, BT’s public sector lead for Scotland, said: “We’re thrilled to be working with SEPA on this project to modernise this important service. As climate change continues to affect our homes and businesses, it’s vital that people can access real-time, accurate information on the risk of flooding in their area.

“BT already plays a unique role in keeping vital services connected, whatever the weather, including handling all 999 calls and supporting the emergency services in Scotland. We’re pleased we can extend our role to help transform the Floodline service to make it fit for the future.”

Marlon Bowser, co-founder and CEO of HTK commented; “I am delighted that our Horizon platform has been chosen to underpin this significant evolution of the Floodline service through enhanced digital and mobile communications, automation of incident messaging, and the increased personalisation of content.

“It is a genuine privilege to work with BT and SEPA on such an essential and worthwhile initiative.”

Which? reveals best – and worst -insurance providers

NFU Mutual has been named as the UK’s best home insurance provider in Which?’s annual home insurance satisfaction survey, while More Than finished last.

A survey of 1,284 policyholders ranked insurers on levels of satisfaction and likelihood to recommend the provider. Which? experts also examined the providers’ policies in detail – inspecting 85 policy elements. The resulting customer score and policy scores for buildings and contents cover were then combined to create a ‘total score’. 

When it comes to cover, Which? found wild variations in the levels available from insurers. The top-scoring policy for contents cover – NatWest’s ‘Premier’ policy – earned a 90 per cent rating – while the lowest score, from Admiral’s ‘Admiral’ policy, was 43 per cent.

The consumer champion is advising home insurance customers to check carefully to ensure that a policy provides the level of cover they need. But, at a time when the cost of living crisis is putting huge pressure on budgets, it is also worth considering if there are unnecessary extras that could be dropped from existing policies, as small changes can lead to significant savings.

Overall, NFU Mutual fared best in Which?’s analysis. While its ‘Home and Lifestyle’ product was beaten by some other policies’ cover, the insurer received an impressive customer score of 87 per cent – propelling it to the top of the leaderboard.

With a highly impressive total score of 79 per cent, it charges no admin fees and has a single item cover limit of £7,500 (many insurers cap this at £2,000 or less). NFU Mutual was also the only provider to receive full marks from its customers for how it deals with queries. 

NFU Mutual, along with Lloyds Bank, LV, and Saga were all awarded Which? Recommended Provider (WRP) status – an award that is based on Which?’s own assessment benchmarks, plus customer scores and star ratings gathered through its regular surveys.

Lloyds Bank was praised by customers for the clarity of its policies. Last year, it launched its ‘Home Insurance Select’ range which has three tiers of cover: ‘Bronze’, ‘Silver’ and ‘Gold’.

LV’s ‘Home Insurance’ and ‘Home Insurance Plus’ policies both performed strongly, impressing Which?’s experts, and the provider received a customer score of 71 per cent. Its Home Insurance policy includes some accidental damage cover as standard – though limited to specific types of damage, such as to cables, sanitary ware, fixed glass and home entertainment equipment (the ‘Plus’ policy has wider cover as standard). It also provides optional home emergency cover of £1,000 per call-out. 

Saga (‘Plus’) pays up to £2,000 for home emergencies and will cover up to £10,000 of students’ contents when kept away from home. It received a customer score of 70 per cent. 

More Than achieved a total score of 56 per cent – the only provider surveyed not to score over 60 per cent. Its policy scores were roughly mid-table among the 58 policies we analysed – however, it had the lowest customer score in our survey – a disappointing 49 per cent. 

Some policies were not always as generous in providing cover as some customers might expect. 

Accidental damage, for example, was the most common reason customers in the survey claimed. The cover was available in all but three (of 58) policies we examined. However, only a third of the policies covered it generally as standard.

In many cases, standard cover was restricted to specific breakages – such as to pipes, cables and windows. To receive full accidental damage cover, customers may find they have to add on additional extras to their policies for real peace of mind. 

Since January, insurance companies have been prevented by the Financial Conduct Authority from offering new customers special discounted rates for home insurance, putting an end to the widespread practice of ‘price walking’. This meant customers were charged more the longer they stayed loyal to their insurer. 

One consequence of this may be higher premiums for new policies. The consumer champion is therefore urging customers to shop around to make sure they find a deal that is right for them before committing. 

Even if customers are happy with their current provider, haggling remains an effective option when it comes to trying to reduce bills. 

Jenny Ross, Which? Money Editor, said: “With different levels of cover aimed at different types of customers, home insurance can be tricky to navigate. But taking the time to find a policy that’s right for you could save you money. 

“At a time when the cost of living crisis is affecting millions of households across the country, doing your research to strip out any extras you don’t need could save you precious pounds.”

PM pledges UK’s unwavering support to Ukraine on visit to Kyiv

  • Prime Minister meets President Zelenskyy in Kyiv and pledges to stand by the Ukrainian people
  • Leaders have discussed the support for Ukraine’s long-term survival as a free and democratic country
  • PM set out new military aid and an additional $500bn World Bank guarantee to support Ukraine’s economy

The Prime Minister was in Kyiv yesterday [Saturday] to demonstrate the UK’s steadfast solidarity with Ukraine and hold in-depth discussions with President Zelenskyy on military and economic assistance.

He reiterated that the UK will do everything in its power to support Ukraine’s brave fight against Russia’s brutal and unprovoked invasion and ensure its long term security and prosperity.

The Prime Minister set out new military assistance of 120 armoured vehicles and new anti-ship missile systems, to support Ukraine in this crucial phase while Russia’s illegal assault continues.

This is in addition to the £100 million worth of high-grade military equipment announced yesterday, including more Starstreak anti-aircraft missiles, another 800 anti-tank missiles, and high-tech loitering munitions for precision strikes.

The Prime Minister also confirmed further economic support, guaranteeing an additional $500m [£385m] in World Bank lending to Ukraine, taking our total loan guarantee to up to $1 billion. This comes alongside the £394m the UK has provided in grant aid, and will help ensure the continued running of vital humanitarian services for Ukrainians.

The UK has responded to the request of the Ukrainian government by liberalising tariffs on the vast majority of imports from Ukraine and providing customs easements, as part of our commitment to the country’s economic stability.

Prime Minister Boris Johnson said: “It is a privilege to be able to travel to 2Ukraine and meet President Zelenskyy in person in Kyiv today.

“Ukraine has defied the odds and pushed back Russian forces from the gates of Kyiv, achieving the greatest feat of arms of the 21st century.

“It is because of President Zelenskyy’s resolute leadership and the invincible heroism and courage of the Ukrainian people that Putin’s monstrous aims are being thwarted.

“I made clear today that the United Kingdom stands unwaveringly with them in this ongoing fight, and we are in it for the long run.

“We are stepping up our own military and economic support and convening a global alliance to bring this tragedy to an end, and ensure Ukraine survives and thrives as a free and sovereign nation.”

Maison Sport announces £442,000 investment to fuel further growth

Maison Sport, the Edinburgh-based market leading independent ski and snowboard instructor provider, has announced it has raised a further £442,000 in funding as it targets 300% growth in 2022. This is in addition to the £1.3M that was announced early last year.  

Founded in 2015 by ski instructors Aaron Tipping, Nick Robinson and Olly Robinson, Maison Sport has experienced “unprecedented demand” following the relaxing of restrictions and forecasts it will grow overall revenue by 300% this season.  

The latest phase of successful crowdfunding by the UK-based company will strengthen its position as it reaches new customer markets across Europe, with skiers in the Netherlands, Belgium, France, Switzerland and Italy all using the platform in increasing numbers.

Maison Sport has also recently expanded its service to the SnowWorld Landgraaf, an indoor slope in the Netherlands, as well as to new audiences in the Czech Republic, Bosnia and Montenegro.  

Maison Sport co-founder Nick Robinson said: “The end of the winter season alongside restrictions being removed has led to unprecedented demand, with Maison Sport instructors being snapped up at breakneck speed.

“This latest funding phase means we can continue to provide a world-class customer experience for skiers across Europe, from the point of first engaging with our platform right through to enjoying lessons on the slopes.  

“The year ahead will see a number of enhancements to our customer and instructor offering such as a new instructor app, giving them additional capabilities such as a “calendar sync”, which enables them to autoupdate their Maison Sport availability. We have also moved all instructors to instant book, meaning bookings are confirmed immediately rather than customers having to wait up to 36 hours for instructors to accept a booking.  

“It’s truly fantastic to be in this position in early 2022 and to emerge from all the challenges of the last two years with genuine confidence. Thanks to this latest round of funding, Maison Sport is well positioned to continue to deliver industry-best experiences for skiers and instructors and widen the availability of our service including in new European territories.” 

For more information or to book your ski or snowboard instructor visit: 

www.maisonsport.com 

HMRC names avoidance scheme promoters for first time

Tax avoidance schemes have been named for the first time by HM Revenue and Customs (HMRC) as users are warned they could face large tax bills.

HMRC has today advised anyone involved in Absolute Outsourcing’s or Purple Pay Limited’s Equity Participation Scheme to withdraw from them as soon as possible to prevent building up a large tax bill.

This is the first time HMRC has used new powers to name tax avoidance schemes and their promoters as part of a campaign to warn the public not to get caught up in tax avoidance.

Mary Aiston, Director of Counter Avoidance, HMRC, said: “These schemes are cynically marketed as clever ways to pay less tax. The truth is they rarely work in the way the promoters claim and it’s the users that end up with big tax bills.

“New legal powers allow us to name promoters and the schemes they peddle much faster, and this announcement is just the first step. But we need the public to be vigilant, and that’s why we’re also helping people identify, and steer clear, of these schemes through our Tax Avoidance – Don’t Get Caught Out campaign.”

The two named schemes are:

  • Absolute Outsourcing, of Foerster Chambers, Todd Street, Bury, Greater Manchester 
  • Equity Participation Scheme (EPS), promoted by Purple Pay Limited (PPL), of Gracechurch Street, London. 

Both schemes involve individuals agreeing an employment contract and working as a contractor. The schemes pay contractors the National Minimum Wage with the remainder of their wage paid through a loan to try to avoid National Insurance and Income Tax. 

By releasing the details of these schemes, HMRC is letting taxpayers know as early as possible so they can steer clear of them or exit them. HMRC will also regularly update the list by publishing the details of other tax avoidance schemes and their promoters. If a tax avoidance scheme is not shown in the list, this does not mean that the scheme works or is in any way approved by HMRC.

Naming avoidance promoters is one of a number of measures that HMRC is using to help people identify avoidance schemes as a part of the Tax Avoidance – Don’t Get Caught Out campaign. Other tools available to customers to help them steer clear of avoidance schemes include an interactive risk checker and payslip guidance. 

A video highlighting the experience of a critical care nurse who was recommended a tax avoidance scheme through her agency, has also been published by HMRC today. The video explains the risks of becoming involved in a tax avoidance scheme and the warning signs customers should look out for. 

If a customer believes that they are involved in a tax avoidance scheme, they should contact HMRC as quickly as possible by calling 03000 534 226.

Alternatively, if a customer has been encouraged to get into a tax avoidance scheme, has come into contact with someone selling tax avoidance schemes, or has become aware of a scheme, they can report it in confidence through HMRC’s online form. 

This is not a complete list of all tax avoidance schemes currently being marketed or a complete list of all promoters, enablers, and suppliers. There are other schemes, promoters, enablers, and suppliers that remain active, and HMRC will regularly update this list with these details.

Big Issue Invest support for Scottish social ventures

Big Issue Invest (BII) has announced that it has been able to provide four social ventures with half a million pounds of investment.  

The social ventures were chosen as part of this year’s Big Issue Invest programme Power Up Scotland lending scheme that offers investment, advice and support to early-stage social ventures across Scotland.

The four social ventures which have all received funding from the Big Issue Invest scheme are: Ayrshire Women’s Hub, Brave Strong Beautiful, National Support Network and Edinburgh’s Wee Seeds.  

Big Issue Invest’s Power Up programme, launched in 2017, was opened to organisations across Scotland from October to January this year.

The funding scheme aims to enable organisations to build on the good work they currently do within their communities. Whether it’s buying equipment, hiring new talent, or progressing with business development plans. Successful applicants receive mentoring and business development support to social ventures for the two-year period. 

The programme is funded by partners, abrdn, University of Edinburgh, Experian, Places for People and the Scottish Government with legal support from Brodies LLP. 

Danyal Sattar, CEO of Big Issue Invest, said: “It is challenging for social ventures to secure early-stage funding. We are, therefore, so pleased to work with our brilliant partners in Scotland, to support these organisations with the business development expertise alongside the investment, to get through this crucial early stage. 

“The work these social ventures do in their communities is makes a real difference and it has been an honour to help them take this further.”  

Cat Divers, My Pickle CIC Founder and CEO, added: “We exist to help people find support by signposting them to services such as helplines.

“With our volunteers we’ve built the UK’s largest hub of trusted national services for all life challenges from health to housing. We want to see a world where anyone facing crisis can get the help they need, regardless of their circumstances.

“When we joined ‘Power Up’ as My Pickle CIC we were struggling with how to make our work sustainable without introducing adverts or paywalls on mypickle.org. During the programme, with support from the Big Issue Invest team, we identified a new way to reach more people and keep this site free to use.

“Our new not-for-profit, National Support Network (NSN) CIC, helps companies to signpost customers or employees in need by embedding our support database onto their own platforms via subscription. We are very thankful for the support and funding which has made this possible.”

Christina Cran, Founder and CEO of Wee Seeds, said: “Wee Seeds was born pre-pandemic, from my need to help my own son after he showed signs of anxiety following my life-changing diagnosis of Type 1 Diabetes.

“But it is even more relevant today, given the impact of Covid on our children’s mental health. We have a tremendous opportunity to bring mindfulness to the early years and shift the mental health agenda for decades to come.

“The loan from Big Issue Invest will enable us to work towards that shift, power up our business ambitions, help future generations deal with the impact of Covid, and plant the seeds of positive mental health in our young people.” 

To read more about the Power Up Scotland Programme visit: 

https://www.bigissue.com/invest/investments/power-up-scotland-programme/ 

Scottish Building Society posts its best results in its 174-year history

World’s oldest remaining building society sees major growth in savings and mortgages

Scottish Building Society, the world’s oldest remaining building society, has posted record results for the financial year ended 31 January 2022.

Established in 1848, the mutual has seen its balance sheet grow by nearly 40% in the last 2 years, leading to a pre-tax profit of £2.4m and mortgage assets of £454m.

The Society, which only offers savings and mortgage accounts, ascribed the growth to customers seeking both value and purpose when joining SBS.

The Society’s Chief Executive, Paul Denton said: “We are as committed to our wider purpose today, as we were back in 1848.  As a mutual society, we reward our members with fair interest rates whilst responsibly using those funds to provide flexible mortgages, enabling Scottish people to buy homes and get on the property ladder.

“The environment has changed over the years, but that simple strategy has helped the Society survive and thrive towards its 175th anniversary next year.”

As the society is a mutually owned organisation, it has been able to offer its members savings accounts above market average interest rates, helping people get the most out of their money.

Mr. Denton continued: “Despite the historic low base rate, we have continued to pay savings rates above the market average, whilst our income has benefitted by growing our mortgage balances more than 36% in the last two years.

“We are now helping more members buy their homes than ever before, which is something we are incredibly proud of in today’s fierce mortgage market.

“As a mutual, unlike the high street banks, we do not have shareholders, so all profits are reinvested into the business, in areas such as in new digital technologies, improving our member experience and increasing our capital base to support future growth.”

Mr. Denton credits the staff at SBS for their “immense work” during the pandemic as one of the reasons why the society has performed so strongly.

He explained: “It has been without doubt two enormously difficult years from an economic and operational perspective, but our staff have delivered outstanding results despite these major challenges.

“Unlike retail banks who are moving out of towns and cities across the country, we are working harder than ever to provide for our members- be that through online or in-person banking.

“When many of our competitors sought to save money by cutting services, we were looking for ways to help our members, by offering compelling interest rates for savers and have now helped a record number of people own their own home.”