The recent economic turmoil amid the mini budget and resulting instability of the Pound Sterling led to the Bank of England stepping in to stabilise the gilt market to prevent a more serious financial crisis. Kevin Hollister, founder of pensions planning firm Guiide, discusses what is perhaps the mo
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Leeds-based financial services firm Progeny has today announced plans to acquire Scottish professional services firm, Moray Group for an undisclosed sum. As part of the acquisition, managing director of Moray Group, Rob Aberdein, will take up the new role of chief commercial officer with Progen
Beeks Financial Cloud Group, a Scottish provider of cloud computing and analytics for capital markets and financial services, has reported monthly recurring revenue of over £19.3m, growth of 40% on the prior year and confirmed a deal with US firm, ICE Global Network (ICE). Following the a
The Financial Conduct Authority (FCA) has confirmed its plans to bring in a new Consumer Duty, which will fundamentally improve how firms serve consumers.
Following support from Business Gateway, Today Agency, a media agency focused on connecting independent businesses with social media savvy students has expanded its presence in the UK and Africa, driving the future growth of its services. Edinburgh-based Today assists independent businesses with cre
As part of its ongoing alliance with Microsoft, PwC has launched a new digital banking solution, developed as part of Microsoft Cloud for Financial Services - designed to empower financial institutions to innovate, adapt and modernise. This new solution combines PwC’s digital banking expertise
East Kilbride-based business software specialist Eureka Solutions recorded an annual turnover of £4.5 million in its latest financial year signalling an impressive 2% growth on the previous 12-month period. The firm also saw enquiries double and client numbers increase by 4%.
Aberdeen Standard Investments (ASI) has announced the launch of a range of climate funds aimed at supporting the shift towards net zero global emissions. The new ASI funds are all EU SFDR article 9 funds, each focusing on specific aspects of the journey towards Net Zero, offering investors access to
Dundee-based financial planning firm Wells Gibson has been announced as a second sponsor of social entrepreneurship training programme, The Circle Academy. The firm's donation will be used towards the costs of the next cohort of candidates on the programme.
Scottish Friendly has announced a new initiative to support The Mental Health Foundation over the Christmas season. The financial mutual will donate £10 to the charity for every My ISA product it sells throughout December, including junior ISAs.
Leading Scottish financial services executive Neil Easson has joined the board of the Scottish Building Society. Mr Easson has more than 20 years’ experience in the sector, having held a range of senior positions at Lloyd’s Banking Group.
The Royal Bank of Scotland and NatWest Markets (NWM) have announced a trio of appointments to its executive management team and board, with Robert Begbie being appointed as the lender's chief executive officer, David King appointed as chief financial officer and Donal Quaid appointed as treasurer. M
Edinburgh-based Money Dashboard has appointed former Paypal CEO Renier Lemmens as its new chairman. Mr Lemmens is a venture partner focusing on fintech with DN Capital, one of Europe's most established venture capital funds for early-stage start-ups.
FTSE 350 DB pension scheme deficits have fallen by nearly a third and a growing number of firms approach the financial position required to buyout their liabilities, according to the latest research from Barnett Waddingham.
A team who developed a concept for personalised, accessible and incentivised mental health support in the workplace have been announced as the overall winners of Datathon, an intensive 24-hour open and financial data competition hosted by Deloitte and featuring some of Scotland’s top data scie
