Edinburgh-based ethical financial institution Capital Credit Union (CCU) has announced that its loan book has exceeded £25 million for the first time in its 35-year history. The union has posted its half year results and revealed its loan book is up 25% on the same period last year, to stand a
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The Financial Conduct Authority (FCA) has outlined plans to give UK asset managers greater freedom in how they pay for investment research, with the aim to promote competition and facilitate cross-border access to research.
Global financial services firm Ebury has announced that it is increasing its investment in Scotland with a series of strategic moves aimed at boosting their Scottish operations. Nicholas Blurton has been appointed key account director for Scotland to drive Ebury's growth in the Scottish market. He j
The FCA has published guidance for memes, reels and gaming streams promoting financial services. The regulator has set out how adverts across social media channels must be fair, clear and not misleading, meaning they must have balance and carry the right risk warnings so people can make well informe
The financial landscape for Scottish businesses is about to be affected by a game-changing overhaul in R&D tax credits set to kick in on 1 April 2024. Last year’s Autumn budget gave the green light to a brand-new merged R&D tax relief scheme, a shake-up which marks a significant depart
Soft drinks producer AG Barr has unveiled its financial results for the year ended 28 January 2024, revealing a pretax profit of £51.3 million, up 15.5% from £44.4m. Revenue at the soft drinks producer rose 25.9% from £317.6m to £400m year-on-year.
The Financial Conduct Authority (FCA) has come under scrutiny for hiring an internal candidate lacking audit qualifications as chief internal auditor, after advertising the £220,000 role for just five working days.
Phoenix Group, the retirement savings and income business which owns Standard Life, has posted strong financial results for 2023. The company achieved its 2025 growth target two years early, with £1.5 billion in new business cash generated by its Standard Life division.
The Financial Conduct Authority (FCA), has softened its stance on digital assets, allowing the listing of Bitcoin and Ethereum-backed exchange-traded notes (ETNs) on the London Stock Exchange for professional investors from April.
Invoice finance provider Bibby Financial Services (BFS) has announced the return of business development manager John Smyth to its team in Scotland as it continues to grow its finance support for the country’s SMEs and business advisors. Mike Day, head of sales for BFS, said: “I couldn&r
Wealth manager RBC Brewin Dolphin has expanded its Glasgow team with the appointments of Keith Brooks as a chartered financial planner and Lyndsie Blackshaw as a paraplanner. Mr Brooks, who has almost 15 years’ experience in financial services, joins RBC Brewin Dolphin from Aberdein Consi
AAB has kept its top financial adviser ranking with 18 mergers and acquisition deals completed during 2023, according to Experian’s latest United Kingdom and Republic of Ireland M&A Review.
Scottish Friendly’s latest Investor Index has shown that planning for future generations has been the greater priority for parents and guardians in Scotland. The leading financial mutual’s study of its members’ investment trends, revealed that between October to December last year,
In light of the significant rise in the expected level of income needed for retirement, Armstrong Watson Financial Planning's head of advice, Justin Rourke, highlights the impacting factors and discusses what one should consider to achieve their retirement objectives. The expected level of inco
Louise Cormack, a member of the team at the Wick office of Phil Anderson Financial Services in Caithness, has successfully passed her final exam and is now a fully qualified mortgage adviser. Ms Cormack's accomplishment comes after passing the Chartered Insurance Institute CF6 mortgage advice exam,
