There is real optimism amongst small businesses owners that their businesses will return to pre-COVID normality by the end of the year, according to a study conducted by financial platform Tide.
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The Financial Reporting Council (FRC) has launched a consultation on the proposed revision of the standards for an audit firm’s responsibilities to design, implement and operate a system of quality management. The FRC proposes to adopt International Standard on Quality Management (UK) 1 Qualit
Cluster management organisation FinTech Scotland has enjoyed a boost after Google Cloud joined the cluster to support the growth of the fintech SME community in Scotland. With most fintech firms using cloud solutions to integrate more easily with their clients cost-effectively, the addition of Googl
The Financial Conduct Authority (FCA) has today published its second annual perimeter report that determines which activities require authorisation and what level of protection consumers can expect for the financial services and products they purchase. The perimeter is decided by the government
A new online life and legacy planning platform has been launched following an additional £600,000 investment from savings and investments businesses. Legado, based in Edinburgh, launched today following the significant financial backing from Prudential and FNZ.
Roy Lauder, director at Kilmarnock-based business management consultancy firm Harrison James Partnership, discusses the steps business owners can take to manage the current COVID-19 recession. This is a time of great concern for business owners as governments react to the ever-changing situation wit
Accountancy firm Grant Thornton has reported a 90% drop in its audit profits after facing a difficult year where it was put under an investigation by the Financial Reporting Council (FRC). Grant Thornton made a £1 million profit from audits in the 18 months to January 2020, a decrease from &po
The combination of a reduction in oil prices and the coronavirus crisis has created the most turbulent market conditions since the financial crisis in 2008, severely impacting Initial Public Offering (IPO) activity, according to EY’s latest IPO tracker, EY IPO Eye
Lindsay Lee, practice development lawyer at Brodies LLP, details what things should be considered when entering into credit agreements during the current COVID-19 'delay' phase. With the Government expected to declare a transition from the 'contain' to 'delay' phase in its response to COVID-19 what
Derek Anderson, senior paraplanner at Edinburgh-based Mearns & Company, chartered financial planners, discusses sustainable investing and whether it can act as an alternative to ethical investing. As individuals, it may seem that our own savings each year can’t make much of a positive diff
Glasgow-based regulatory technology firm Encompass has received a £1.97 million research and development grant from Scottish Enterprise. The grant will be used to develop an artificial intelligence platform for its financial services clients.
Deliveroo has announced the expansion of its Edinburgh-based tech hub which will create 70 new high-skilled jobs and a major flagship HQ in 2020.
Edinburgh-based pensions provider Aegon UK will be headed up by Mike Holliday-Williams from next year, the firm has announced. The current chief executive, Adrian Grace, will retire from the position on 31 March 2020, The Scotsman reports.
By Alan Harvey, chartered financial planner and assistant director at Brewin Dolphin, Glasgow Facing increasing pressure to resolve an ongoing pension crisis, the NHS is at risk of losing a crucial proportion of older doctors because of restrictions on annual and lifetime savings.
Scottish law firm Brodies LLP has reported record turnover of £76.86 million for the financial year to 30 April 2019. This represents growth of 12 per cent, up from £68.59m the previous year. Profits before partner distributions also increased, up 14 per cent to £37.40m from &
