Search: financial focus

Biotangents, a Scottish medical diagnostics business, has secured £1.5m of new investment following the completion of a second fundraising round. Led by the investment syndicate Kelvin Capital, and with Scottish Investment Bank participation, the oversubscribed funding round will support the c

Accountancy firm Saffery Champness has appointed a new VAT senior manager on the same day Sean McGinness is promoted to VAT partner. As of today's announcements, Saffery Champness now has 13 partners across its Scottish offices.

Scottish shares on the FTSE outperformed the wider market during the first three months of 2019 but their AIM-listed counterparts significantly underperformed the index, according to analysis from Brewin Dolphin. The wealth manager found that Scottish organisations listed on the main market ended Ma

The Financial Conduct Authority (FCA) has issued a fresh warning to General Insurance (GI) firms about manufacturing, sales and distribution approaches that the watchdog says lead to customers "purchasing inappropriate products, paying excessive prices or receiving poor service".

Up to 400 new jobs will be created during the next three years after KPMG today announced Glasgow as the location for its second UK Managed Services hub. The hub will see 200 jobs created in the short term – 50 are already in place, with a further 150 commencing from June – wit

Scottish independent wrap platform provider, Nucleus, saw net revenue growth of 9.6 per cent last year, according to the firm's latest annual results. Audited annual results for the year ended 31 December 2018, a year that saw Nucleus' successful admission to trading on AIM in July, were descri

Over 40 per cent of Scotland’s tech start-ups and scale-ups are targeting the US market for growth but have found access to finance the biggest barrier to their ambitious plans. That’s one of the key findings from a new survey of 100 data-driven tech start-ups and scale-ups, undertaken a

The number of retail units to let on Scottish out of town retail parks in 2018 totalled 82, 8 per cent up on the long-term average, as administrations and CVA’s (company voluntary arrangement) released vacant units onto an otherwise constrained market, according to latest research by estate ag

Edinburgh-based fintech giant FNZ, which employs nearly 500 people in the UK, the majority of them in the Scottish capital, has reached 'unicorn' status. In the world of finance, a unicorn is a privately held startup company valued at over $1 billion.

The Financial Conduct Authority (FCA) has fined Carphone Warehouse more than £21.1 million for failings that led to the mis-selling of “Geek Squad”, a mobile phone insurance and technical support product. This follows an FCA investigation which stemmed from whis

Chris Sanger, EY’s head of tax policy, provides his predictions in advance of the Chancellor's Spring Statement tomorrow  

Nationwide, the world’s largest building society, has today announced that it has invested in a leading fintech as it aims to disrupt the business banking market by delivering “game-changing” customer service on both the high street and online. Last year the Society announced that

Steve Eisman, the American investor who made a fortune by predicting the sub-prime mortgage crisis that precipitated the global crash of 2008, and portrayed by Hollywood's Steve Carell in the acclaimed film 'The Big Short' depicting his exploits, is setting up shop in the United Kingdom.

Aegon UK, which employs 2,2400 staff at its Edinburgh Park headquarters, including 286 in the Kames Capital-branded asset management arm, has posted a 10 per cent increase in annual underlying earnings, to €128 million (£113m), from €116m. Aegon UK says it is confident that

International commercial law firm Addleshaw Goddard is strengthening its Aberdeen energy team with the appointment of David McEwing as partner. Mr McEwing, who joins the firm from Pinsent Masons, has more than 25 years’ experience in the energy sector, advising oil and gas companies and o