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Mark Sterritt, UK network director, Scotland at the British Business Bank, discusses angel investment in Scotland. The experience of the past 18 months has underlined the importance of a diverse and accessible financial ecosystem – both in terms of the type of finance available and the provide

Charles Randell has asked the Chancellor of the Exchequer to commence the process to appoint his successor as chair of the Financial Conduct Authority (FCA) and Payment Systems Regulator (PSR). Mr Randell plans to step down in Spring 2022.

New research from the Royal Bank of Scotland suggests that young people know the importance of saving but the pressure to do so is taking its toll. A new survey of Scottish spending and saving habits shows that of all age groups, those aged between 18 to 34 feel more stress in saving than anybody el

Royal Bank of Scotland owner NatWest Group is facing a fine of £300 million after the bank pleaded guilty at Westminster Magistrates’ Court to criminal charges brought by the Financial Conduct Authority (FCA) under the Money Laundering Regulations 2007 (MLR 2007). NatWest accepts that it

A substantial new investment of over £300 million in hospital and community care has been unveiled by the Scottish Government to help tackle what is anticipated to be the toughest winter the NHS and social care system has ever faced. The new multi-year funding will support a range of measures

R&D tax credit specialist Amplifi Solutions has scaled up its Edinburgh operation, with a senior hire and a move to new offices in Scotland’s capital. Jan-Michael Kochalski joins Amplifi as regional manager from Leyton UK, while the company has moved to the Kingsford Business Club on Dubli

Tourism businesses, communities and social enterprises are set to benefit from £1.47m of net-zero transition funding being distributed by Highlands and Islands Enterprise (HIE).

Interpath Advisory has opened its new office in Aberdeen in the Silver Fin building at 455 Union Street. Founded in May 2021 following the sale of KPMG’s UK Restructuring practice, Interpath is an independent financial advisory business with a broad range of specialisms that helps organisation

The Financial Reporting Council (FRC) has fined accountancy firm Grant Thornton more than £2.3 million for failings and a 'serious lack of competence' in its audits of restaurant chain Patisserie Valerie. Patisserie Valerie collapsed in January 2019 as allegations of fraud encompassed the comp

All tips will go to staff under new plans to overhaul tipping practices set out by the UK Government today, providing a financial boost to hospitality workers across the country. Most hospitality workers – many of whom are earning the National Minimum Wage or National Living Wage – rely

Deloitte’s UK partners will benefit from an average payout of about £1 million after the Big Four firm's profits recovered from a drop last year in the wake of the pandemic. The share of profits to 700 equity partners is the highest in ten years, according to individuals who have been br

Responsible finance provider Social Investment Scotland (SIS) has invested more than £100 million in 460 social enterprises, community organisations and mission-driven businesses since opening its doors in 2001, according to its latest Impact Report. The latest annual investment figures from S

With many SMEs confronting an imminent cash flow crisis, caught between the covid related slowdown, longer-dated trading terms and the culmination of the furlough scheme, chartered accountants Wylie & Bisset are advising SMEs to plan for the worst and hope for the best. That’s because many

Capital Credit Union has appointed Charline de Dorlodot as its new head of business development and marketing to spearhead a drive to recruit new members and to support existing members struggling to cope with Covid related financial problems. Charline de Dorlodot was previously head of marketing at

Interpath Advisory has opened its first UK office at 31 Charlotte Square in Edinburgh. Founded in May 2021 following the sale of KPMG’s UK Restructuring practice, Interpath is an independent financial advisory business with a broad range of specialisms that helps organisations facing challenge