Monese has announced a $35 million (£30.7m) investment by HSBC bringing the total raised by Monese to $208m (£182m).
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The new chancellor of the Exchequer, Kwasi Kwarteng, is reportedly considering a plan to scrap caps placed on bankers' bonuses. The cap to bankers' bonuses, which limits bonuses to 100% of fixed pay (and can be lifted to 200% under certain conditions), was introduced in 2014 following the global and
Scotland is set to benefit from an influx of new accounting jobs after Deloitte declared its plans to create at least 1,000 new jobs outside of London over the next five years. The big four firm joins a trend of expanding financial hubs outside the capital and, in addition to Scotland, plans to add
Aldi has become the fourth largest UK supermarket overtaking Morrisons.
Edinburgh is to be showcased to the world as a centre for education on sustainable finance. An international prospectus from the Global Ethical Finance Initiative (GEFI) has been produced to target students and professionals seeking a career in ethical, green, and socially responsible financial serv
Fund manager Harry Nimmo has announced that he will retire from abrdn and the industry at the end of 2022, bringing to a close a 37 year career with the firm. Born in Edinburgh in 1957, Mr Nimmo joined the firm, previously Standard Life, in 1993 as an investment manager. At its launch in 1997, he wa
Accountancy and business advisory firm Henderson Loggie has welcomed a cohort of 20 trainees including, for the first time, three modern apprentices who have joined straight from school to work in financial planning, insolvency, and HR departments. The new recruits range in age from 18 to 33, and in
Popular Buy now, pay later (BNPL) start-up Klarna has revealed losses of 6.17 billion Swedish crowns (£497 million) for its first half results as it has seen costs soar and credit losses mount.
BrewDog has announced the closure of six of its pubs, three of which are in Scotland. The decision comes just after the Scottish craft beer company opened up its biggest bar in London's Waterloo two weeks ago.
Marlene Shiels, chief executive of Edinburgh based Capital Credit Union, has been appointed to the Money and Pensions Services (MaPS) board. She took up the non-executive role from yesterday.
Pauline Wallace has been appointed as the first permanent Chairman of the UK Endorsement Board (UKEB).
The Edinburgh Tram Inquiry is set to exceed £13 million in costs. A projection from Transport Scotland indicates that the cost will reach £13,100,812 by the end of this financial year.
Finance leaders have welcomed a statement issued by deputy first minister John Swinney today, committing both the Scottish Government and one of Scotland's biggest industries to maintaining close collaboration aimed at tackling the "rapidly escalating" cost crisis for households and businesses. The
Dundee-based printing business Tayprint Ltd has been placed into liquidation. Ken Pattullo and Kenny Craig of Begbies Traynor have been appointed as joint provisional liquidators.
Scottish craft brewer start-up, BrewDog, has been caught up in a copyright dispute over its 'Lone Wolf' gin lineup, ahead of its long-delayed and pending IPO. A filing made with the US Patent and Trademark Office shows that BrewDog's usage of the name has been challenged by Lone Wolf Cigar Cellar, c
