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The Financial Conduct Authority (FCA) has placed restrictions on twice as many firms in the investment market compared to last year, as part of its strategy designed to prevent harm in the consumer investment market. The restrictions include preventing firms from promoting and selling certain produc

Aspiring Scottish business bank AlbaCo (Alba) has announced the appointment of seasoned banking and financial services executive, Graeme Jones, who the joins the bank as its new chair. Mr Jones, a qualified Associate of the Chartered Insurance Institute ACII, brings a wealth of experience to the exi

Michael Reid, managing partner at Meston Reid & Co, highlights the need for well managed accounts. There has been a marked increase over the last few months in those seeking independent and experienced advice about the financial condition of their business because the overt signs are that the bu

The Financial Reporting Council (FRC) has published a report on Navigating barriers to senior leadership for people from minority ethnic groups in FTSE 100 and FTSE 250 companies. The report shows that, while there are still significant challenges to be addressed, the need for change has been taken

Scottish Brewer Innis & Gunn’s financial results ending December 2021 show continued growth, with the firm delivering total gross profit of £7.4 million in 2021, a 7.4% increase from 2020. The firm's financial results ending December 2021 show robust brand performance and a solid com

Aberdeen-headquartered payroll and employee mobility specialist activpayroll has seen its revenue rise by 27%, reaching £35.7 million in 2020/21. Serving over 1200 customers in 154 countries across the globe, activpayroll offers a range of services under the three key pillars of Global Payroll

EY has announced combined global revenues of $45.4 billion (£40bn) for the financial year ending June 2022. With an increase of 16.4% in local currency (13.7% in US dollars), this marks one of the most successful years in the history of the organisation with the highest growth seen in nearly t

STV has posted pre-tax profits of £10.6 million for the first six months ending 30 June, a 25% increase from £8.5m for the same period last year. Its interim report shows a healthy financial position and positive outlook for H2. Revenues grew 3% to £62.1m (£60.3m H1 2022), an

The benefit of international trade to Scotland’s economy has been underscored after new figures from Scottish Development International (SDI) revealed exporters will provide a significant boost to the nation’s finances.

FinTech Scotland has signed a partnership agreement with Finance Isle of Man to promote and develop insurtech and fintech capabilities across the two jurisdictions, with the intention to boost economic and business co­operation and investment. They will work together to stimulate education, recr

One Four Nine Group has completed its second Scottish acquisition with the purchase of Aberdeen-based Russell Gibson Financial Management Limited. This move further expands the independent financial advice and fund management firm's footprint into Scotland, following its recent acquisition of APC Fi

The Financial Conduct Authority (FCA) has confirmed new rules to make authorised financial firms more responsible for their appointed representatives (ARs).

The abrdn New Dawn Investment Trust Plc has seen its net asset value (NAV) total return drop by 11.0%. The NAV drop is in line with the company’s benchmark MSCI All Countries Asia Pacific ex Japan Index (Sterling adjusted) total return of 9.2%.

Global financial services company PRA Group has celebrated the grand opening of its new offices in Kilmarnock's HALO Enterprise and Innovation Centre (HEIC) with a ribbon-cutting ceremony. Local leaders spanning the business, government and third sectors heard from speakers including Kate Forbes, ca

The ability to plan effectively and make informed decisions has never been more crucial in these most challenging of times, according to Scottish accountancy firm EQ Accountants. For charities, this includes having effective budgeting, forecasting and cash flow management.