The statistics in Scotland’s fintech sector are impressive. The industry has only realised its significant potential since the 2010s with the advent of mobile technology, cloud computing and the big data revolution – but is now a part of our lives through daily engagement with open banki
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A portrait of Alan Turing by Ai-Da, which is described as the "world's first ultra-realistic artist robot", has sold for over £800,000 at a Sotheby's auction in New York. The 2.2 metre tall artwork, titled A.I. God. Portrait of Alan Turing, smashed pre-sale estimates of $120,000-$180,000,
Specialist manufacturing firm Rovtech, which is owned by Aberdeen-based climate tech venture studio Ventex, has appointed John Polson as it seeks to accelerate the global expansion of nuclear energy and offshore wind. The 30-year-old joins Rovtech from Aratellus, where he was director of projects an
Terra Firma Chambers will host a Budget Seminar on Tuesday 3 December at the Mackenzie Building, Edinburgh.
Vishal Chopra, who took over from James Kergon as senior partner for KPMG in Scotland, has revealed a new-look senior leadership team. Mr Chopra now oversees a team of more than 900 people across KPMG’s offices in Glasgow, Edinburgh and Aberdeen. He stepped into the role after having most rece
Glasgow-headquartered pensions and SIPP provider @sipp has appointed Josh Legg as business development manager as the firm presses ahead with its growth strategy. Mr Legg, who has 12 years of experience in the SIPP and SSAS industry, has joined @sipp to support advisers in navigating the complex ret
The Financial Conduct Authority (FCA) has fined Metro Bank PLC (Metro) £16,675,200. The regulator found that, between June 2016 and December 2020, Metro failed to have the right systems and controls to adequately monitor over 60 million transactions, with a value of over £51 billion, for
Glasgow Prestwick Airport has returned a £3.2m operating profit for the year 2023-24, reflecting the strength and resilience of its diverse business model. With revenue streams spanning passenger travel, cargo operations, general aviation, fuel supply and property, the Airport continues to dem
A new Funding Accelerator programme has been launched to help Scottish startups secure investment, with a programme delivered by CodeBase-run Techscaler in partnership with Focused for Business.
Insurer Direct Line, which is significant employer in Glasgow, has announced plans to cut approximately 550 jobs. The decision comes as the company faces continued challenges, including a further loss of own-brand motor insurance customers.
NatWest has banned employees from using WhatsApp and other messaging apps like Skype and Facebook Messenger on work devices.
Edrington, owner of whisky brands such as The Macallan and The Famous Grouse, has named former Aggreko finance chief Angus Cockburn CA as its next chair ahead of Crawford Gillies' retirement. Mr Gillies will step down from the Edrington board on 31 March 2025 after eight years’ service. During
Scotland's labour market demonstrated continued resilience in the third quarter of 2024, despite a challenging economic environment.
Scott McFarlane looks at the challenges businesses face in complying with National Minimum Wage and new tipping regulations during the Christmas season. As the festive season approaches, hospitality and retail businesses are gearing up for a surge in activity. Christmas marks a significant spike in
North-east accountancy firm SBP Accountants & Business Advisers has made a series of internal promotions at its Peterhead office. Following a successful year at SBP, which also has offices in Aberdeen, Fraserburgh and Banff, the promotions include Lydia Bugden’s advancement to manager from