Staff at the Glasgow office of financial services giant Morgan Stanley are playing their part in tackling loneliness among older people. A group of them are volunteering as Phone Friends with the charity Food Train, which helps those aged 65 and over live better lives in their own home.
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DataVita, Scotland’s largest data centre and multi-cloud services provider, has reported a more than 100% increase in its contracted revenues for the last financial period, rising from £15 million to £31m. The revenue growth comes on the back of a number of new contract wins across
A free national debt advice service has been launched for people across Scotland. The moneyadvice.scot service from Advice Direct Scotland is for anyone struggling to meet their current financial commitments.
Scotch Whisky distiller Edrington has posted a profit before tax of £178.4 million - a drop of 21% from the previous year. For the year ended 31 March 2021, the Glasgow-based firm's core revenue stood at £576.2m, down 15% from 2020 while the company's core contribution of £196.5m w
Scottish financial services chief Anne Richards has been honoured with a damehood in the Queen's birthday honours. Ms Richards, chief executive of Fidelity International, has been recognised for services to financial services, women, education and science.
Capital Credit Union is calling on the Scottish Government to appoint a financial wellbeing Tsar as part of a package of measures to help in the recovery from the Covid pandemic. The Edinburgh-based organisation says a three-pronged approach between credit unions, government and employers is needed
The latest Football Distress Survey conducted by Begbies Traynor has revealed a 33% rise in the number of very early financial ‘Red Flags’ at Scottish football clubs. The survey, which has been conducted annually since 2012, has previously revealed a deceptively rosy picture of
Rathbone Investment Management has appointed Scott Lothian as an investment director in Edinburgh. Mr Lothian has over 20 years’ experience in financial services. Prior to joining Rathbones, he worked at Brooks Macdonald from 2010 as a senior investment director and head of Brooks Macdonald AI
More than a third of parents (34%) are using current accounts that pay almost zero interest to save for their children’s future, new research from financial mutual Scottish Friendly has revealed.
Sir Jon Thompson, chief executive of the Financial Reporting Council (FRC) has admitted that the financial regulator was "asleep at the wheel" during corporate failures. In an interview with the Financial Times, Sir Jon admitted that the regulator had failed to do its job during a series of corporat
The number of fines issued to auditors by the accountancy watchdog has almost tripled in the last year as the Financial Reporting Council (FRC) seeks to stamp out poor practices ahead of a government consultation on reforming the scandal-hit industry. The FRC distributed £25 million in fines i
Phil Anderson, founder of Phil Anderson Financial Services, discusses the rising popularity of ESG investment We’re all doing our bit nowadays to conserve our environment and look out for our fellow human beings, on both a local and a global stage. Carrying re-usable bags, ditching the aerosol
Core-Asset Consulting, recruitment specialists for Scotland's financial services sector, has outlined the top seven "trending" career paths for those looking to enter work or to retrain in. Based on statistics and industry insights from its annual salary guide, the firm has pinpointed five areas tha
SMEs are in a state of paralysis and feel unable to plan their financial future, according to a survey from The Association of Chartered Certified Accountants (ACCA) and The Corporate Finance Network (CFN). A total of 77.8% of accountants’ small business clients are not expecting to retur
Standard Chartered Bank has partnered with the Financial Services Skills Commission (FSSC) to explore how the menopause transition affects women working in financial services and their progression to senior roles. The research is being carried out by the Fawcett Society, UK’s leading charity c
