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The COVID-19 pandemic is making it harder for people living in Scotland to achieve better opportunities in life, according to new research by PwC, which suggests government and businesses must take radical action to avoid furthering inequalities in society. As Westminster and Holyrood Governments pl

Companies are better aligning their board remuneration policy and practices with long-term shareholder interests according to new research conducted by the Financial Reporting Council (FRC) and The University of Portsmouth. This research assessed a sample of FTSE 350 companies to determine the exten

Edinburgh-based digital wallet and payments platform Zumo has launched its business-to-business (B2B) proposition, ZumoKit, its crypto-as-a-service platform. ZumoKit is a B2B product built for Fintechs and Financial institutions that wish to offer cryptocurrencies in a compliant way to meet the

Edinburgh-based based sports video platform Recast has raised £5.9 million in a Series A round of investment. The firm, founded by Andy Meikle, said that the success of the round follows increased demand from rights holders looking for alternative ways to monetise their video content as consum

Three quarters (74%) of UK finance firms have reported an increase in cybercrime since the beginning of the coronavirus pandemic, according to a new report by the cyber and intelligence arm of BAE Systems. The report conducted by the UK's largest defence contractor found that more than 400 UK banks

Graham Cunning, head of corporate finance with Azets in Scotland, discusses the marked increase in the popularity of Employee Ownership Trusts (EoTs).  A growing number of business owners have expressed concerns about trade sales, in particular the lack of privacy, the time required f

KPMG has completed the sale of its UK Restructuring practice, now known as Interpath Advisory, to H.I.G. Europe, the European affiliate of H.I.G. Capital, LLC. The sale of the business, which sees circa 528 staff and 22 partners transferring to Interpath, enables KPMG to accelerate its programme of

TEFL Org, a provider of TEFL (teaching English as a foreign language) accreditations based in the Scottish Highlands, has become employee-owned. Launched from a garden shed in the middle of the 2008 financial crash by founders Joe Hallwood and Jennifer MacKenzie, the TEFL Org is established as a mar

Virgin Money, owner of Glasgow-based Clydesdale Bank, has partnered with Trade Ledger to help expand its business banking proposition. Trade Ledger is a leading global technology provider for the commercial banking and financial services industry, supporting banks by enabling lending products to be

One in five retirees has considered riskier pensions and investment products in the search for higher rates of interest, a survey conducted by the Financial Services Compensation Scheme (FSCS) has found.

In 2019-20, local government net revenue expenditure in Scotland reached £11,077 million, according to the latest figures released by Scotland's chief statistician.

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

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.

Former Standard Life head Keith Skeoch has been appointed as chair of the Edinburgh International Festival board. Mr Skeoch, already a trustee and active member of the Festival's diversity and inclusion board working group, will take up the role from June.

Marlene Shiels, chief executive of Edinburgh-based Capital Credit Union, has said that member-led organisations can play a vital role in helping millions across the country become financially resilient as lockdown ends. Ms Shiels says she fears a tidal wave of personal debt is looming with so much e