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Global technology consultancy Synechron has stepped up its partnership with Scottish Financial Enterprise after selecting Scotland as a new hub for business growth and innovation. Synechron joined Scottish Financial Enterprise in 2023, aiming to form new partnerships with academia and offer deep dom

The gender pay gap across UK financial services boardrooms decreased five percentage points between 2019 and 2023, from 30% to 25%, according to the latest EY European Financial Services Boardroom Monitor.

Scottish Financial Enterprise (SFE), the trade body for Scotland’s financial and professional services industry, has enjoyed a record-breaking year in 2024. Membership of SFE has increased over the year by 10%, with the organisation now boasting 125 businesses in its network.

Link Group Limited’s finances have retained their ‘A’ with a stable outlook rating given by Standard & Poor’s Global Ratings (S&P) in its most recent November 2024 review. S&P, an American credit rating agency that publishes financial research and analysis on stoc

Marlene Shiels, CEO of Capital Credit Union, has warned that Scots must build better financial resilience or risk financial disaster in the future. With many relying on credit and "buy now, pay later" schemes to cope with unexpected costs, Ms Shiels stresses the importance of building a financial sa

There has been an alarming increase over the past three years in accusations of financial wrongdoing made against journalists in an attempt to silence them, according to a new report from UNESCO. Of 120 cases reviewed by UNESCO dating from 2005-2024, 60 per cent occurred between 2019-2023.

Local debt, welfare and housing advice charity, CHAP, has just secured three years of funding from The Robertson Trust. This will enable CHAP to expand its current collaboration with North Ayrshire Council to deliver comprehensive financial education workshops in secondary schools. The money will al

Scottish Friendly’s Family Finance Tracker has revealed that nearly half (46%) of women are opting to hold their long-term savings in a savings account, instead of more tax-friendly options such as a pension or ISA wrappers, compared to 39% of men. Meanwhile, 33% of men are opting to use pensi

The UK's major banks are now better prepared for a financial crisis and less likely to require a government bailout, the Bank of England has said. The central bank has published its second assessment of eight major banks – Barclays, HSBC, Lloyds Banking Group, Nationwide, NatWest Group, Santan

AAB has been named as the most prolific financial adviser in the Scottish M&A market in the first half of 2024. There were a total of 196 transactions with a total value of over £3bn in the first six months of the year, according to the latest Experian United Kingdom and Republic of I

The rules governing financial services could be streamlined to reduce burdens on businesses, following a review launched by the Financial Conduct Authority (FCA). The move comes after the introduction of the Consumer Duty, which makes sure that businesses deliver good outcomes for consumers when the

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Scottish businesses faced a sharp rise in financial distress in the second quarter of 2024, exceeding the UK average, according to Begbies Traynor. The business rescue and recovery firm's Red Flag Alert research revealed 30,435 businesses in Scotland experienced 'significant' financial distress (whi

Financial distress in Scottish football clubs has fallen significantly, with only three clubs (7%) in Scotland's top four leagues showing signs of trouble compared to eight a year ago, according to Begbies Traynor's March 2024 Football Distress Survey. This contrasts with a peak of 14 clubs in distr

Ian Mitchell, a partner in the corporate law team at Lindsays, advised on a recent deal which saw Bishopbriggs-based Synergy Financial Planning acquired by AAB Wealth. It is the latest in a series of deals across the sector which has seen smaller firms become part of larger groups, with Lindsays law