Stuart Gillies, an associate with law firm Dentons, highlights how the declining use of cash as a result of the coronavirus pandemic has resulted in an increase in confidence in financial technology. It’s been over a year now since we first locked down, when shaking hands and meeting a colleag
Search: raise
Nearly two in five (39%) British adults, equivalent to 20 million people, plan to save a higher share of their income after the pandemic than they did before, including 17% who plan to save significantly more.
While the UK Government’s insolvency prevention measures appear to be delaying companies from entering insolvency, the latest Red Flag Alert data published today by Begbies Traynor has found that in Scotland there has been a 45% year on year rise in the early signs of financial distr
Homeowners are being offered mortgage rates below 1% =for the first time since the beginning of the coronavirus pandemic as lenders anticipate an economic recovery.
Turnover in the UK legal profession grew to £3.1 billion in February, an 11 per cent year-on-year increase and a four per cent increase on the previous month. The latest Index of Services data from the Office of National Statistics (ONS) paints a healthy picture for the legal sector a year int
Dundee-founded storage firm Kangaroo Self-Storage has appointed Bryan Lee as its chief financial officer as it accelerates plans for growth as the country starts to come out of lockdown. Mr Lee joins the Board to lead the storage company’s finance and IT function and will be responsi
Rupert Thompson, chief investment officer at UK-based wealth management group Kingswood, discusses the debate around whether there is still a place for traditional portfolios made up of 60% equities and 40% bonds. There has been much debate around whether there is still a place for traditional
Glasgow-based Maven Capital Partners has led the £3 million funding round for Atterley.com, an online fashion retailer which enables independent fashion boutiques and brands to increase their reach and sell to customers across the UK and beyond. The investment, which also includes commitm
Perth-based insurer Aviva has abandoned its 2022 hiring target for older workers. The firm has employed 600 over-50s since it highlighted plans in late 2017 to obtain more older workers as life expectancy in the UK rises.
UK annual house price growth slowed in March as prices dropped 0.2% month-on-month after taking account of seasonal factors, according to the latest Nationwide House Price Index.
More than a quarter (27%) of SMEs surveyed plan to invest more in their businesses in the year ahead than during a typical pre-pandemic year, underlining their focus on growth in a post-COVID-19 future, according to a recent survey by Virgin Money. Over a third (35%) of SMEs plan to invest between &
The Scottish team at research and development (R&D) tax credit specialist Access2Funding is celebrating a crucial milestone after securing £2 million in R&D tax relief in 2021. The Scottish contingent of UK-wide business, Access2Funding, was launched in March 2020 and the ever-growing
Retail sales volumes in the UK rose 2.1% month-on-month in February after a significant decline of 8.2% in January, according to the latest figures released by the Office for National Statistics (ONS).
NatWest bankers will offer customers video meetings outside of normal working hours as part of a revamp of the lender’s retail banking division. NatWest, which owns the Royal Bank of Scotland, has formulated a new strategy for the business, including plans to offer new products for savers, exp
The average number of properties for sale in some parts of Scotland has fallen by almost a quarter since their peak in November according to property firm apropos. The letting firm has analysed data which shows that the number of advertised properties on the Scottish market has fallen by 22.3% over
