Dains Group, which recently acquired Glasgow-Based Consilium Chartered Accoutants, has formed a new partnership with Xero, the global small business platform providing cloud-based accounting solutions. For years, Dains has utilised Xero to deliver reliable and efficient cloud-based accounting servic
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Smart Data Foundry (SDF) has been awarded £3 million funding to operate a new financial data service, enabling more researchers to study the financial health of millions of households across the UK, by providing secure access to financial behaviours, economic resilience, and regional economic
Glasgow City Council has appointed Robert Emmott as its new executive director of financial services. Mr Emmott, who currently holds a similar role at Dundee City Council, will succeed Martin Booth in the New Year.
Scottish Financial Enterprise has selected Daniel-Pilley and Jess Insall to co-chair the organisation’s flagship Young Professionals Network. Jess is a Pensions Consultant at EY and has been a Chartered Accountant since 2024, with experience at Steedman and Co and Johnston Carmichael. She has
Over 90% of financial services firms are considering mergers and acquisitions as a means of growth, according to Johnston Carmichael. More than two in five respondents to the firm's 2024 Financial Services Survey identified M&A as a major part of their growth strategy, while 52% said they would
Edinburgh-based AI fintech firm Aveni.ai has won the coveted "Fintech of the Year" award at the 2024 Scottish Financial Technology Awards. The ceremony, held at the Sheraton Grand Hotel, marked the start of the Scotland Fintech Festival and celebrated the achievements of the Scottish fintech sector.
The Financial Conduct Authority (FCA) has imposed a £6,280,100 fine on HSBC, adding to the already £185 million that the bank has paid out in compensation to 1.5 million customers.
Firms in the financial services sector in Scotland have been invited to sign up for a new business and innovation support programme. Future Finance aims to enhance innovation and productivity in the sector and help organisations adapt to challenges, ranging from AI and data to changes in regulation
Increasing tax disparity with the rest of the UK is a predominant worry among senior leaders in Scotland's financial sector is the increasing tax disparity with the rest of the UK, according to Scottish Financial Enterprise (SFE).
Nearly a third (29%) of senior leaders in the financial services sector in Scotland use generative AI at least once a day at work, according to new research from KPMG UK.
The Artisanal Spirits Company, owner of The Scotch Malt Whisky Society (SMWS), has reported its membership numbers have grown to over 41,000, a 10% increase in the year ended 31 December 2023.
Aberdeen Football Club has turned a net profit of £1.1 million for the year ending 30 June 2023, a notable rebound from a cumulative net loss of £14.8m.
Joining from Sainsbury's Bank, consumer credit specialist Caroline Whitten has been appointed as legal director at law firm Pinsent Masons. Based in Edinburgh, she will work alongside recently appointed insurance regulatory and commercial legal director, Chris Riach, who has rejoined Pinsent Masons
The Institute of Chartered Accountants of Scotland (ICAS) has expressed concerns to HM Treasury in its review of the supervisory model for anti-money laundering (AML) and counter-terrorism financing (CTF) compliance, with three of the models listed in the consultation putting recent progress in
To help people to make informed decisions to save, invest and borrow with confidence, the Financial Conduct Authority (FCA) is introducing new screening checks for firms that approve financial adverts. Firms approving financial marketing for unregulated firms will have to demonstrate they have the n
