Search: financial focus

Scotland has seen a growing interest in investing amongst young adults since the start of the pandemic last year, with nearly half (48%) of Scottish Gen Zs and Millennials (18-40-year-olds) likely to consider investing for the first time in the next 12 months, according to the latest research from E

Companies in Scotland looking to benefit from the global e-commerce boom caused by COVID-19 have been urged to register for a unique series of digital events organised by Scottish Enterprise.

According to new research from Rathbone Investment Management, 21% of high net worth individuals and business owners across Scotland have considered moving their business to Argyll and the Isles.  The study found that nearly two thirds (61%) of high net worth’s and business owners across

AssetCo, the new asset management business launched by north east entrepreneur Martin Gilbert, has posted a strong first-half performance with profit before tax reaching £22.3 million. The Income Statement for the six months ended 31 March 2021 shows revenue of nil (2020: nil), but a profit be

UK firms defied predictions of the demise of private capital, by raising over half a trillion pounds last year outside of public and stock markets.

Employees are expected to become the owners of 30 more Scottish companies this year - double the number of deals completed in 2020, according to law firm Lindsays. The forecast has been made as Employee Ownership Day (EO Day) today highlights the growing contribution of staff-owned companies to the

Business advisory firm Quantuma has expanded its forensic accounting and investigation team into Scotland with the appointment of managing director David Bell. In his new role, Mr Bell will be responsible for launching Quantuma’s forensic accounting offering in Scotland. He will assist individ

The Competition and Markets Authority (CMA) has issued a warning to a series of UK banks including Monzo, NatWest and Virgin Money after they breached a rule requiring them to send former customers their transaction histories. As a result of the Retail Banking Market Investigation Order 2017, banks

The Supreme Court has found that an accounting firm that incorrectly advised a building society that it could use a method of accounting known as “hedge accounting” to handle volatility in certain payments had negligently cost the society £32 million for the cost of ditching the co

Goldman Sachs is continuing its diversification process beyond investment banking with the addition of Transaction Banking (TxB) in the UK.  The move is the bank's first international expansion of a division that it added in the United States in 2020.

Raimes, Clark & Company, one of Scotland’s largest independent pharmacy groups, has increased its profit by 9% throughout the course of the coronavirus pandemic.

Chartered accountants Wylie & Bisset has backed Hospitality UK’s warning of a ‘long Covid for the economy’ as firms face huge levels of debt as the economy reopens. With the hospitality sector having amassed £2.5 billion of rent debt with another £6bn worth of gover

The number of sub-1% mortgages on offer in the UK has increased as major banks and lenders extend their ranges. HSBC UK has unveiled a rate below 1% for the first time in nearly five years, while Nationwide Building Society is offering a 0.99% mortgage fixed for two years for borrowers with a 40% de

New research published by the Financial Conduct Authority (FCA) has estimated that 2.3 million adults now hold cryptoassets, marking an increase from the 1.9 million recorded last year. The research also revealed that 78% of adults have now heard of cryptoassets, up from 73% in a year.

A new digital academy launched by Bank of Scotland aims to help people, businesses and charities across Scotland boost their essential skills. The free academy includes live training sessions as well as videos, interactive webpages and guides that can be accessed on demand at any time.