Lloyds Banking Group’s Jackie Leiper has been appointed as deputy chair of Scottish Financial Enterprise. Ms Leiper brings over 25 years’ experience in financial services to the role. She joined Lloyds Banking Group in 2010 and is currently the firm’s chief customer and distributio
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Criminals stole over £1.2 billion through financial fraud in the UK in 2022, according to the Annual Fraud Report released by UK Finance.
abrdn Asia Focus plc, a company managed by abrdn, has confirmed its half-yearly results for the six months ended 31 January 2022, revealing a strong performance over the period. Net asset value (NAV) total return was +0.6%, ahead of the recently adopted MSCI AC Asia ex-Japan Small Cap Index return o
A financial advisory consultancy based in Montrose has become the first financial services firm in Scotland to become entirely employee-owned. All shares of Gill Financial have now been placed into an employee ownership trust (EOT), with all seven staff becoming direct beneficiaries of the partnersh
People across Scotland are starting to focus on managing their long-term finances as the COVID-19 lockdown continues as well as contemplating how they will withstand the economic fallout of the crisis, according to financial advisory firm Carrington Dean. This is according to a national survey
The Financial Conduct Authority (FCA) and the Bank of England (BoE) today outlined their proposals for data reforms across the UK financial sector. Both authorities have outlined their plans to develop their data and analytics capabilities. The FCA and BoE both depend on access to high-quality data
Following the announcement of a majority Conservative government, various financial and business services in the UK have given their response. Chris Sanger, EY’s head of tax policy, commented on what the General Election result means for UK tax and the Chancellor’s Budget in the ne
Beeks Financial Cloud Group has appointed Virgin Money's Graeme Marsh as chief information security officer. Beeks Financial Cloud is a cloud computing and connectivity provider for financial markets.
Heather McDonald, founder and owner of WooHa Brewing Scottish brewer WooHa Brewing Company, known for its KeyKeg conditioned beer, is set to increase exports to the USA thanks to £700,000 of funding which included support from HSBC.
A new boutique financial planning and wealth management firm has launched this week with Bryan Innes, formerly executive partner at Tilney (Towry) heading up its Aberdeen office.
Newly elected councillors in May need to focus on improving long-term planning to tackles the major financial challenges facing Scotland’s local authorities, according to a new report from the Accounts Commission.
Growth in business volumes for financial services firms slowed in the three months to September, as optimism levelled out, according to the latest CBI/PwC Financial Services Survey. Overall business volumes rose at their slowest pace in two years, following nearly two years of robust expansion.
Reducing the cost of regulatory compliance should be the new Conservative government’s priority for financial services, according to banks, building societies and life insurance firms. Tax stability was also ranked highly and was the number one concern for general insurers and investment managers,
Optimism in financial services rose strongly in the three months to March and profitability improved in most sectors, according to the latest CBI/PwC Financial Services Survey. Despite overall business volumes across the sectors continuing to increase, the pace of growth was the slowest in a year.
Business volumes in the financial services sector dropped at a rapid pace in the three months to June, following a temporary recovery in Q1, according to the latest CBI survey on the sector. The quarterly poll also found that sentiment among FS firms fell, as profitability contracted at a steep rat
