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Scotland's financial and related professional services sector is a key engine of growth, employing 149,000 people and contributing 10% to the national economy in 2022, according to TheCityUK. According to its ‘Enabling growth across the UK 2024’ report, Scotland remains one of Europe&rsq

EY has launched its first Scottish fintech lab in Edinburgh, following the Big Four firm's first successful lab in London. The lab is designed to collaborate with start-ups and scale-ups to create innovative solutions to key financial challenges across the UK region, with a particular focus on susta

A Coatbridge textile maker has turned a lockdown hobby he picked up from watching TikTok videos into a successful business and full-time career, as his custom tattoo-art rugs prove a big hit with customers in the United States.

Monarch Financial Services has become the founding sponsor of Ayrshire Cancer Support's soon to be refurbished cancer support centre, raising £10,000 as of this month. When planning permission was approved for the building - located on Prestwick Road in Ayr -  back in 2021, the charity re

Scottish financial advisory firm Carbon Financial Partners is poised for acquisition by Leeds-based professional services company Progeny for an undisclosed sum. The acquisition is set to boost Progeny’s assets under management by £600 million. Regulatory approval from the Financial Cond

Accountancy firm Johnston Carmichael has welcomed Bryan Shepka, financial services audit and assurance partner, and Gillian Boston, director into its rapidly growing, specialist financial services team. Mr Shepka joins the firm as an audit and assurance partner, bringing extensive experience in the

Stock pickers from Scottish investment firm Alliance Trust have warned global economies could be heading into a recession, emphasising the role astute stock selection can play in this turbulent financial climate.

One of the largest financial advice networks in Northern Ireland, Milecross Financial has announced a £1.5 million investment to further expand their operations across Scotland through several key acquisitions and partnerships in Glasgow, South Lanarkshire and Aberdeen. This latest move furthe

Henderson Loggie Financial Planning has appointed Jonathan McDowall and Ricky Clark as board directors. The two are both highly experienced financial planners and have been instrumental in driving Henderson Loggie Financial Planning’s significant growth over the past five years.

Scottish accountancy firms and financial regulatory bodies have responded to Chancellor Rishi Sunak's Spring Statement announced yesterday. The Chancellor cut fuel duty by 5p per litre, which came into force from 6pm last night and will last until March next year. He also announced that the income t

More UK financial institutions are targeting acquisitions and partnerships with fintech firms to boost their position in a growing market, according to a report from Bank of Scotland owner Lloyds Bank. More than two fifths (46%) of financial services firms plan to grow investment in their fintech ca

Scottish Financial Enterprise (SFE) has launched its five-year strategy for the financial services sector, establishing a range of proposals to drive collaboration across the industry and with both the Scottish and UK governments. Scotland’s Financial Services Strategy was designed by the indu

Gilson Gray Financial Management (GGFM) LLP, the investment arm of law firm Gilson Gray, has appointed Steve Herkes as its new managing director, continuing the firm’s string of 2021 hires. Spearheading GGFM’s ambitious growth strategy, Mr Herkes will be responsible for the strategic dir

Cities and regions can apply for additional funding from the Scottish Government to help them recover from the coronavirus pandemic. Speaking ahead of the first meeting of the City Centre Recovery taskforce on Thursday, economy secretary Fiona Hyslop announced two new funds totalling £4 millio

Aberdein Considine has strengthened its financial services team with the appointment of senior finance specialist Stuart Hunter. Mr Hunter has joined the firm as its director with responsibility for training and competency following senior roles with a number of major financial institutions includin