A package of measures worth £37.2 million has been announced by the Scottish Government to tackle poverty and inequality, in this financial year. The funding, confirmed in a Statement to Parliament by finance secretary Kate Forbes this week, will support the delivery of two key investments for
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Brewin Dolphin has appointed Johnny McGlynn as its new head of office for Edinburgh. Mr McGlynn joined Brewin Dolphin in 2009 as head of financial planning for Edinburgh, a role he held for five years before becoming head of business development and growth for the office. Johnny graduated from Edinb
Law firm Thorntons has recorded strong financial results for the financial period prior to the COVID-19 pandemic. Thorntons has reported a 2.6% growth in turnover for the year to 31 May 2020 to £30.5 million, with profits increasing by 12 per cent.
Azets is celebrating the start of National Apprenticeship Week by announcing that the business has recruited 443 apprentices during the current financial year. Across the UK, Azets has over 900 students and trainees studying professional qualifications, of which 443 are following the apprenticeship
TSB has announced its 2020 full-year results revealing a £204.6 million statutory loss before tax. The bank said that its financial performance had been 'significantly impacted' by the coronavirus pandemic.
The limit on a single contactless card payment could more than double from the current £45 limit to £100. Earlier this month, Scottish Financial News reported that UK banks were pushing the Treasury to increase the limit. Industry experts urged that raising the cap to £100 cou
Edinburgh-based technology startup Stellar Omada has recorded revenue of £10.2 million in the year to 31st December, quadrupling sales in its second financial year while growing headcount from 6 to 50 during 2020. The Colin Frame-founded tech group specialises in programme delivery, technology
Over £670,000 of additional support is being made available to Borders businesses suffering from the short-term financial impact of the COVID-19 pandemic. The Borders Discretionary Support Fund for Business is being made available to small businesses and the self-employed in the area who have
Edinburgh-based financial services training provider Redmill Advance has announced its new partnership with St. James’s Place Wealth Management in the provision of its blended learning solutions across the group. Redmill Advance will be responsible for delivering its Diploma in Regulated
A team from Grant Thornton Corporate Finance in Scotland has advised the founders of fast-growing Glasgow-based fintech company HubSolv on its sale to Aryza, a leading international software and data services player to the financial services sector. HubSolv was established in 2014, by school friends
The latest Financial Conditions Index released by audit firm RSM has indicated signs of cautious optimism emerging for the year ahead. But whilst the Trade and Cooperation Agreement with the EU has been largely welcomed by middle market businesses, RSM says the absence of clarity around key issues i
Law firm Morton Fraser has launched a new payment model as part of its commercial litigation practice to enable businesses to pursue disputes without significant financial risk. Total annual losses to small businesses from legal problems are estimated at £40 billion, with over one million indi
Edinburgh-based financial services training provider Redmill Advance has acquired AKORN Education as it welcomes Angelo Kornecki as its new technical director. AKORN Education is a financial services education and training specialist. The acquisition of this team of teaching and financial services p
Audit, tax and consulting firm RSM has strengthened its Aberdeen office with four key appointments in tax and financial reporting - bringing wider expertise to the team. Andrew Good has joined RSM as an associate director in the tax team; while Scott Allan joins as a corporate tax manager. In additi
North sea oil firm Ithaca Energy has appointed David Crawford as its chief financial officer. Mr Crawford is taking over the role from his predecessor Mr Graham Forbes who will be leaving Ithaca, effective 1 February 2021.
