Scottish Friendly has announced a strategic partnership with FinTech Scotland, highlighting the growing significance of further developing and improving fintech innovation across all financial services sectors, including life, savings, and investments. By joining forces with FinTech Scotland, Scotti
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Some 18.2% of UK-listed companies issued profit warnings in 2023, surpassing the levels witnessed during the 2008 financial crisis, as indicated by EY-Parthenon's latest Profit Warnings report. In total, 294 profit warnings were issued in 2023, a small decrease of 11 from 2022 when 305 warnings were
Family law expert Tom Quail discusses the new guidance for cohabiting couples in Scotland which will entitle partners to financial support in the event of separation. The recommendations made by the Scottish Law Commission in its latest report will simplify the law while offering a broader range of
The nationwide independent financial advice and fund management firm One Four Nine has completed its fourth acquisition with the purchase of Glasgow-based APC Financial Solutions & Consultancy Services. The move expands the Group’s footprint into Scotland, increasing the firm's Assets Unde
The March 2022 Football Distress Survey, conducted by business recovery specialist Begbies Traynor, has highlighted that Scottish clubs are keeping a better handle on their finances and more realistic player payroll than their counterparts in the English Football League.
Research carried out by Pinsent Masons has revealed a continued step-change in support offered to customers grappling with mental health concerns is likely as banks continue to ramp up measures to help consumers manage pressure on finances prompted by the pandemic. The firm's report 'Creating a Cult
Allana Sweeney, senior associate in Shepherd and Wedderburn’s restructuring and business advisory team, discusses how the measures of support implemented to help businesses during the coronavirus pandemic are a spark of hope for firms. Each day brings fresh challenges as a consequence of the C
The UK government's proposed Coronavirus Business Interruption Loan Scheme is "flawed" and does not address "fundamental issues", a corporate financial and business consultancy firm has said. Bristol-based Shaw & Co said the scheme is a step in the right direction but will protect only a fractio
Andrew Bailey delivered a speech at the Lord Mayor's City Banquet at Mansion House emphasising that there are strong benefits from free trade and open global financial markets and the Financial Conduct Authority (FCA) will continue to support them. He also said that a big question for the FCA is how
St. James’s Place Wealth Management is hosting a free-to-attend event aimed at exploring the ever-increasing career opportunities for women in financial advice and wealth management, by hosting an open evening in Glasgow. The event, which takes place from 6pm at St. James’s Pla
For the first time, consumers under 45 say that fashion will be the number one category for reducing spending in the next 12 months, potentially putting a break on the rapid growth of both online and store-based fast fashion retailers, according to a research by PwC.
Debt charity StepChange has today released figures showing that almost 700,000 people in Scotland have problem debts or are at risk of having them, with thousands struggling with essential household bills – especially Council Tax. In its report, Scotland in the Red, published to
Jennifer Craven Jennifer Craven, lawyer and civil fraud and asset recovery expert at law firm Pinsent Masons, writes on the rise of financial crime in the UK.
Calum Bennie The latest Disposable Income Index (DII) published this week by Scottish Friendly has revealed a stark contrast in the level of confidence between men and women when it comes to money matters, while also highlighting a clear difference in their approach to saving and investing.
Jonathan Davidson The Financial Conduct Authority has announced plans to increase the regulatory pressure on individuals, and not just institutions, by essentially replacing its current Approved Persons Regime through the extending of the Senior Managers and Certification Regime (SM&CR) to cover
