The Financial Conduct Authority (FCA) is warning lenders and brokers to stop using misleading terms in their advertising or face regulatory action. The increased cost of living means that more people may take out loans. Marketing that does not give clear information and warnings about the potential
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Thomas Gillan, chief financial officer of payment orchestration platform BR-DGE, recently returned from Startup Grind, a two-day conference in Silicon Valley, as part of a delegation of 20 Scottish entrepreneurs. He reflects on discussions with industry leaders and resulting insights that every Scot
The Financial Reporting Council (FRC) has today published an updated list of signatories to the UK Stewardship Code. This now includes successful applicants who submitted their report at the end of October 2021. The FRC received 105 applications which was substantially more than expected, of which 7
Individual investors are increasingly turning to forestry as they see the ‘win-win’ of environmental and financial return on the horizon, according to Edinburgh-based alternative asset manager Par Equity.
David Ferguson, the founder and former CEO of Edinburgh-based Nucleus Financial Group, has been appointed as CEO of investment technology firm Seccl. Mr Ferguson will join the Octopus Group-owned firm on April 4, subject to FCA approval.
New plans from the Financial Conduct Authority (FCA) will ensure a higher and more consistent standard of consumer protection for users of financial services and help to stop harm before it happens. The FCA is concerned that currently, financial services do not always work well for consumers. The ne
Wheatley Group has launched its own Sustainable Finance Framework (SFF) that aligns its strategic sustainability priorities with its funding and financial strategy and allows the group to expand its funding base to help achieve its sustainability goals.
Wealth management and professional services group Tilney Smith & Williamson has announced two further senior hires in its financial intermediaries business development team which provides investment management services to financial advisers. Crawford Armstrong and Mark Johnson have joined the fi
Brewer Innis & Gunn has delivered a robust performance across both brand and business, despite an incredibly challenging year, according to recently filed financial results ending December 2020. The brewing side of the business accounted for 97% of the Group's £21.3 million turnover, maint
Finance secretary Kate Forbes will publish the 2022-23 Scottish Budget and the Medium Term Financial Strategy on Thursday 9 December 2021, following agreement of the date with the Scottish Parliament’s Finance Committee. The agreed timetable will ensure sufficient time to scrutinise the Scotti
The Financial Reporting Council (FRC) has published the findings of its review of reporting on emissions, energy consumption and related matters under the new Streamlined Energy and Carbon Reporting (SECR) rules which came into effect from 1 April 2019.
Shares in Scotgold Resources, the gold exploration and production company focused on Scotland, rose by almost 5% in early trading yesterday after the company issued an update on production at its Cononish mine in Argyll. Scotgold Resources revealed that work at the mine continued uninterrupted throu
The Financial Conduct Authority (FCA) has today made a commitment to be a more, innovative, adaptive and assertive regulator. The commitment reflects the FCA’s Business Plan for 2021/22, the first annual plan since Nikhil Rathi joined the FCA as chief executive in October 2020.
Scottish accountancy firm Douglas Home & Co has reported steady growth despite the pandemic, insisting that a relentless focus on customer service has paid dividends for the business. As well as recording a 4% rise in turnover to £4 million for the financial year 2020/21 - despite the impa
The COP26 summit offers an opportunity for Scotland to put the global spotlight on green finance, writes Sandy Begbie. Over the last decade the financial services sector has faced many challenges. From the reputational damage of the 2008 financial crisis through to adapting to a new post-Brexit trad
