Scotland has emerged as having the UK’s highest proportion of green financial job openings, according to the latest report by PwC in its Green Jobs Barometer series.
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Edinburgh-headquartered technology services firm Stellar Omada has secured a £4.5 million investment from capital growth investors BGF. Founded in 2018 by CEO Colin Frame, Stellar Omada specialises in digital transformation, testing services and programme delivery for clients in the financial
Scotland’s financial services industry is under pressure to advance social mobility, as highlighted at a roundtable event spearheaded by KPMG UK, in collaboration with Scottish Financial Enterprise (SFE) and Progress Together. The session convened at KPMG’s Edinburgh office on 17 August,
A new report from Wealthify has revealed almost three quarters (73%) of the country fall below new Financial Literacy Benchmark, exposing the UK as a weak performer on financial literacy relative to other similarly developed economies such as France, Canada, and New Zealand.
ZLX Business Solutions and Ascot Lloyd launch new partnership to offer firms financial peace of mind
ZLX Business Solutions, a research and development (R&D) tax credit specialist, and independent financial advisor, Ascot Lloyd, have agreed to deliver complementary services to offer financial peace of mind to businesses operating across the UK. The partnership will result in greater depth of pr
Private bank Hampden & Co has appointed Patrick Preece as a banking director at its London office. Prior to joining the Edinburgh-headquartered bank, Mr Preece was at Investec where he worked in their city professionals team. He has also worked at C. Hoare & Co, where he was a rela
Johnston Carmichael Wealth has appointed Martin Hendry as its new chartered financial planner based in its Glasgow office, as part of the firm’s plans to grow in the Central Belt. Martin Hendry has been working in the financial sector for 12 years and prior to this spent six years as an econom
Citi Group has announced that it is proposing to focus its UK personal banking and wealth management business on select wealth clients, effectively closing down its retail banking services to the general public. This proposal would enable Citi to focus on clients requiring comprehensive advice on ma
East Kilbride-based business software company Eureka Solutions has notched up a 15% increase in turnover following a restructuring of its cloud software business. The firm saw turnover reach £5.25m in its latest financial year, a significant jump on the preceding year’s £4.8m, whic
Mark Sterritt, UK network director for Scotland at the British Business Bank (BSB), shines a light on four financial trends to keep an eye on this year. Last year was a rollercoaster for many smaller businesses in Scotland, regardless of their size. Between the different variants of Covid-19 emergin
Mental health stigma and discrimination remain an issue in the financial and professional services sector in Scotland, a new report suggests. The new report from Scottish Financial Enterprise Young Professionals in partnership with SAMH and See Me has underlined both the achievements and areas for i
Aberdeen-headquartered IT managed service provider ITWORX UK is celebrating one year since it became employee-owned and its best financial year since launching 11 years ago. The company have reported a record £3.06 million turnover which equates to a 15% increase in their business over th
There are now 27.7 million adults in the UK with characteristics of vulnerability such as poor health, low financial resilience or recent negative life events in light of the coronavirus pandemic, according to the Financial Conduct Authority's (FCA) latest Financial Lives survey (FLS). The survey lo
The Financial Reporting Council (FRC) has today announced its corporate reporting and audit quality review programme for 2021/22 alongside its priority sectors for review. The FRC’s Corporate Reporting Review team will supplement its routine reviews of corporate reporting with five thematic re
Glenrothes-based timber specialist, James Donaldson and Sons Ltd (JDS), has appointed Arlene Cairns as its new chief financial officer. Taking up her new role yesterday, Ms Cairns joins from Aviva, where she was chief finance operations officer responsible for leading globa
