Scotland continues to attract the highest number of UK financial services foreign direct investment (FDI) projects outside London, according to the latest EY Scotland Attractiveness Survey for Financial Services.
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Following the FCA's recently published guidance on financial promotion through social media channels, Burness Paull's Marianne Murnin and Steven Knox look at the intersection of financial services, social media, and influencer marketing, highlighting the regulatory and commercial considerations
N4 Partners has completed a further seven-figure investment to become the majority shareholder of accounting, tax and audit firm Opulus Financial. Opulus has grown rapidly through a series of acquisitions since its inception in 2021, including Wylie & Bisset, George & Co, John Kerr & Co,
AAB Wealth has qualified as one of the top-rated financial advice firms for 2024 according to VouchedFor, following positive client feedback.
Consolidation in Scotland’s independent financial advice sector is showing no signs of slowing, experts believe. Corporate lawyers at independent Scottish legal firm Lindsays say they are advising a growing number of Independent Financial Advisors (IFAs) on transactions including mergers, take
Progeny, a financial services firm with offices in Edinburgh and Ayrshire, has appointed Tom Wood to the role of chief financial officer. Mr Wood brings significant experience to the position, gained throughout his 25-year executive career in regulated financial services and banking. He has led tran
Angus Dundee Distillers has posted pre-tax profit of £31.3 million, marking a substantial increase of over 25% compared to the previous year, and turnover of £81.6m, reflecting growth of 14.9% or £10.6m.
Firms that comply with the UK Corporate Governance Code have a lower chance of surviving a financial crisis, a new study has revealed. However, appointing an insider CEO and increasing the number of board committee members can boost the chances of survival, researchers claim.
The Scottish water regulator's chief, Alan Sutherland, has resigned following a scathing report by Audit Scotland, which highlighted "unacceptable" financial practices at the Water Industry Commission for Scotland (WICS). The report revealed unauthorised spending, including £77,350 for a Harva
The business landscape in Scotland has become increasingly strained due to a combination of high interest rates and escalating operating costs, leading to growing numbers of businesses experiencing either early or advanced financial difficulties. As detailed in the latest Red Flag Alert data fr
Scotland’s sole commercial gold miner, Scotgold Resources, has placed the majority of its staff on unpaid leave "until further notice" as it continues to grapple with significant financial constraints.
The organisation managing the St Andrews Old Course has experienced a financial turnaround with a return to pre-pandemic revenue levels, posting a profit of £3.7 million in 2022.
Edinburgh-based retail cooperative Scotmid has disclosed the upcoming retirement of its longstanding chief executive, John Brodie, next year, coinciding with the announcement of a trading profits rise to £1.5 million, an increase of £400,000, for the 26 weeks concluding at the end of Jul
Scotgold Resources, the owner and operator of Scotland's sole gold mine, faces an uncertain future as the company suspends share trading amid financial woes.
FinTech Scotland has named Trish Quinn as its new strategic innovation director. Ms Quinn will spearhead the development of the Financial Regulation Innovation Lab (FRIL), set to launch later this year
