The UK Government must continue to be focused on ensuring the success of UK fintech, according to the newly released Kalifa Review of Fintech.
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Goldman Sachs has announced it is expanding its Marcus online retail banking service in the United States and plans to bring its new product to the UK this year. Yesterday, the bank launched an automated investment feature in the US that will offer managed portfolios of exchange-traded funds for sto
Scotland’s scale-up – or fast-growth - businesses finished 2020 on a buoyant, optimistic note, with almost £100 million in Venture Capital (VC) investment, according to the latest figures from KPMG. Despite COVID related restrictions hitting the economy hard, the latest KPMG Ventur
Inverness-based fresh produce provider Swansons Food Wholesalers has joined the growing number of employee-owned businesses in Scotland, with over 40 staff given a stake in the business.
The losses suffered by the Scotch Whisky industry as a result of tariffs on Scotch Whisky exports to the United States have reached half a billion pounds, in a situation the industry warns is unsustainable.
Two Aberdeen-based firms, STC Global and Insiso, have merged to realise a shared vision for providing business performance improvement through the smart integration of process design, health & safety solutions, training and innovative software. Under their new name ‘STC INSISO’, the
Chad Griffin, restructuring specialist at FRP Advisory, discusses how the current downturn in the North Sea is likely to see a far deeper level of oil and gas restructurings and a higher level of insolvencies than in 2015, the last comparable period when there was a much stronger base position than
Martin McKay, executive director of regeneration at Clyde Gateway, discusses the economic opportunities for regeneration areas like Clyde Gateway where resilience can be built in. I don’t believe the pandemic will lead to the demise of the office. Companies are diverse and need workplace
Kirsty Ross, head of KPMG’s family business team in Scotland, discusses the resilience of family businesses and how firms can use their generational experience to ride out the COVID-19 storm. For Scotland’s family business community, 2020 will be a year to forget. A global pandemic, lock
Big Four audit firm Deloitte has been slapped with a record £15 million fine by the Financial Conduct Authority (FCA) in connection with failures in its audit of Autonomy. The watchdog today announced sanctions against the firm and former partners Richard Knights and Nigel Mercer following ear
All of Scotland’s 32 local authorities and more than 25 individual community regeneration projects will receive a share of £30 million of new investment for regeneration and town centres. The funding will be available immediately through the Regeneration Capital Grant Fund (RCGF) and the
Standard Life UK Smaller Companies Trust plc, a trust managed by Standard Life Aberdeen, has posted its annual results revealing its net asset value (NAV) total return was -0.5%, marking the second year in a row where the company has reported negative absolute returns. The share price tot
Edinburgh-based financial services company Nucleus Financial Group has posted strong interim financial results with a 0.7% increase in net revenue despite the uncertainty of the coronavirus pandemic. For the six months ended 30th June 2020, the firm's assets under administration
Shire Housing Association has obtained a £10.5 million funding package from Royal Bank of Scotland to refinance existing debt, enable future expansion plans and enhance existing office and tenant facilities.
A fund launched by the University of Edinburgh to address the urgent challenges created by the coronavirus virus has raised more than £1 million.
