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
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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
A new Scottish Widows life and critical illness product range has been rolled out to Bank of Scotland customers. The "Plan and Protect" products, which were made available to some Halifax customers last October, are now available across the UK to all Bank of Scotland, Lloyds Bank and Halifax custome
The Scottish Parliament will next week be invited to agree to the appointment of Caroline Anderson as the new commissioner for ethical standards in public life in Scotland. The commissioner is responsible for investigating complaints about the conduct of MSPs, local authority cou
Santander has today announced plans to "reshape its branch network", which means it will close 140 branches in the UK in what its says is a "response to changes in how customers are choosing to carry out their banking".
Scotland is on track to see in excess of £2.5 billion invested in its commercial property market in 2018, according to Savills, with £2.485 billion of deals already completed and two weeks remaining until the end of the year. Volumes mark a 10 per cent increase on last year (£2.275
Land value taxation could help deliver Scotland’s land reform objectives and raise revenue in a more progressive way, according to a new report. With a total estimated value of around £5 trillion, or just over half of the total net worth of the UK, land is the most valuable asset in the
Scotland’s national agency for the food and drink industry has made a rallying call for consumers to buy Scottish beer this Christmas as an ambitious new strategy to grow the Scottish brewing sector was unveiled today.
