SoConnect, the Borders-based telecom, internet and IT managed services business, has acquired Edinburgh-headquartered IT Centric, an IT and telecoms services business serving corporate clients in Edinburgh and across Central Scotland. IT Centric was founded in 2004 by managing director Gordon Sayers
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Nicola Anderson has been appointed as the new chief executive officer of Fintech Scotland. Ms Anderson has been on secondment from the FCA for two years and most recently been the interim chief executive when Stephen Ingledew stepped into a new position of executive chair in November 2020.
Finance secretary Kate Forbes is urging the UK Government to release £21.3 billion of reserves to help tackle the impact of coronavirus. She has written to Chancellor Rishi Sunak asking that the Scottish Government be given its share of the funds now. This would total around £1.7bn if th
The private equity industry has a unique opportunity to accelerate the UK’s economic recovery in the coming decade and contribute to the government’s levelling up agenda, according to Edinburgh-based private equity firm LDC. Speaking as LDC provided an annual summary of its performance,
According to a recent survey, post-Brexit Britain is considered a prime real estate proposition by investors, developers and asset managers from across Europe, China and the US. Notably, it ranked the UK highest for future residential property investment. The UK property sector reportedly attracts i
Malcolm Cannon, the director of the Institute of Directors (IoD) Scotland, has quit the role for a new post with Simpson & Marwick in Edinburgh, after less than 18 months in the job. Mr Cannon has been appointed as the new managing director of Simpson & Marwick's property services in Edinbur
A strong final quarter of 2020 saw shares in Scottish companies outperform the wider FTSE and AIM All Share indices, with the effects of the COVID-19 pandemic creating clear winners and losers from the crisis, according to analysis from Brewin Dolphin. The wealth manager found that Scottish organisa
The Financial Conduct Authority (FCA) has proposed changing guidance on mortgages and consumer credit repossessions so that consumer credit firms will be able to repossess goods and vehicles from 31 January 2021.
The key to the room where Napoleon died is to be auctioned at Sotheby's after it was found in Scotland.
Bank of Scotland owner Lloyds Banking Group has unveiled the next stage of its plan to boost Scotland’s fintech workforce in the fastest-growing digital economy outside London. As part of the launch of its new tech hub in Edinburgh in March 2019, Lloyds announced a recruitment drive to create
Almost 25,000 Self Assessment customers have set up an online payment plan to manage their tax liabilities in up to 12 monthly instalments, totalling £69.1 million, HM Revenue and Customs (HMRC) has revealed. In October, HMRC increased the threshold for self-serve Time to Pay arrangements from
The Scottish Government has announced further measures to help stop the spread of coronavirus and limit non-essential contact. From Saturday, non-essential click and collect retail services will be prohibited in Level 4 areas and further changes will be put in place to how services open for ess
Edinburgh-based cryptocurrency startup Zumo has welcomed more than 10,000 new UK users to its app in December following a drive to reach new users. The success of the campaign, which included a referral incentive scheme, bears witness to growing interest in cryptocurrencies as a more secure and smar
House prices and home sales activity increased in Scotland according to the December Royal Institution of Chartered Surveyors (RICS) Residential Market Survey.
Significant parts of the Scottish economy face worsening conditions due to the pandemic before restrictions are set to ease this year, according to the Scottish Chambers of Commerce (SCC) Quarterly Economic Indicator (QEI).