Search: financial focus

In collaboration with 19 firms from its international Preferred Firm Network, Burges Salmon has published an interactive report on the regulatory treatment of cryptoassets in jurisdictions throughout the UK and EU. Burges Salmon’s Fintech team has teamed up with Tier One law firms across its P

UK economic growth is expected to slow sharply in 2020 amid disruption caused by the impact of Coronavirus, according to the latest economic forecast by the British Chambers of Commerce (BCC).

Dixons Carphone has announced that it will be closing all 531 of its Carphone Warehouse phone stores in the UK in a move which will cut almost 3,000 jobs.

New measures to limit the impact of COVID-19 on the business community in Scotland, which includes a £320 million support fund, have been announced by Kate Forbes, finance secretary.

Accountancy firm EY has appointed Hywel Ball as its UK & Ireland managing partner and chairman as it prepares for its audit and consultancy divisions to be divided.  EY offered the job to Mr Ball after a leadership content where he beat Lynn Rattigan, EY’s current UK chief operating o

Betway has been ordered to pay an £11.6 million fine by The Gambling Commission for failing to ensure that money deposited by gamblers was not obtained through criminal activity.

Smart Metering Systems plc (SMS) has conditionally sold a minority of the group’s meter assets to funds managed by Equitix Investment Management Limited for a total gross cash consideration of £291 million. The group expects to receive net cash consideration of £282m, aft

The British Chambers of Commerce (BCC) has welcomed the Bank of England's decision to cut interest rates, saying that the "decisive action" will "support the economy at this delicate moment". In an emergency response to the economic impact of the Coronavirus outbreak, the Bank of England today

Lloyds Banking Group announced yesterday that it has allocated up to £2 billion of arrangement fee-free finance assigned to specifically support UK SMEs to ensure that they have access to additional finance to overcome any impact COVID-19 causes to their cashflow. The group said that its relat

GCEX (GC Exchange Limited), a fintech specialising in digital assets, has announced that it will open a new facility in Glasgow.

Finance Secretary Kate Forbes has written to Chancellor of the Exchequer Rishi Sunak ahead of the UK Budget, highlighting the key issues the Scottish Government wishes to raise, including: • Income tax• Barnett consequentials• EU funding and the economic impact of Brexit• Police

Stephen Brown has been appointed as the new head of intermediaries at the Scottish Building Society. Mr Brown was a pioneer as one of the UK’s first internet mortgage brokers. In the early 2000’s he moved on to become senior technical manager for moneyQuest who were at the time, Scotland

Jim McConville, the finance director who oversaw the takeover of Standard Life Assurance, has announced that he will step down from Phoenix Group. Mr McConville currently runs the Scottish operations of Phoenix Group and helped carry out the £2.9 billion Standard Life Assurance acquisition dea

On Tuesday, the Scottish Parliament will be invited to nominate Stephen Boyle to Her Majesty the Queen for appointment as the new Auditor General for Scotland. Mr Boyle will succeed Caroline Gardner whose 8-year term in office ends on 30 June 2020.

A sharp drop in the number of women opening ISAs in the UK is a major wake-up call for the industry, according to Jill Mackay, savings and investment specialist at Scottish Friendly.  Analysis by the Centre for Economics and Business Research on behalf of Scottish Friendly found the number of f