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
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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
The Financial Conduct Authority (FCA) has announced proposals to stop the practice of ‘claims management phoenixing’, by banning Claims Management Companies (CMCs) from managing Financial Services Compensation Scheme (FSCS) claims where they have a relevant connection to the claim. Claim
Alistair Greig, the financial services chief behind a £13 million Ponzi scheme, who was sentenced to 14 years in prison, has had his jail time cut to ten years. Scottish Financial News reported in April last year that Mr Greig conned more than 140 clients, telling investors he would put their
Law firm TLT has announced the promotion of five lawyers to partner, including Glasgow-based financial services disputes lawyer Louise Chopra, effective 1 May 2021. Ms Chopra specialises in complex banking disputes and commercial contractual disputes.
Link Group has negotiated a new £60 million ten-year term loan facility with Royal Bank of Scotland just before the financial year end. This new medium-term borrowing will help support the delivery of Link’s sizable development programme and takes it overall funding with Royal Bank to &p
NatWest Group has become one of 43 banks globally to join the Net Zero Banking Alliance, a coalition of financial services companies that have pledged to work together to help deliver the Paris Agreement. As the banking sponsor of the COP26 climate summit, NatWest Group’s membership of this gl
Paula Barlow, probate manager at global financial services firm ZEDRA, discusses the importance of understanding probate and inheritance tax. Inheritance tax has attracted a lot of negative media attention, with many describing the tax as ‘complex and confusing’ and in need of a complete
