A Financial Conduct Authority (FCA) review of business interruption claims handling has welcomed insurers quickly paying out interim payments, reallocating resources quickly and proactively communicating with policyholders to help them with claims following the test case judgment handed down by the
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Specialist wealth and asset management firm Mattioli Woods has acquired Caledonia Asset Management. Mattioli Woods is acquiring the Edinburgh-based firm from its shareholders for an initial £960,000 and potential further consideration of up to £640,000 dependent on meeting performance ta
FinTech Scotland has confirmed that the number of innovative fintech SMEs based in Scotland has grown by over 60% from 72 to 119 over the last twelve months. The announcement comes on the second anniversary since the formation of FinTech Scotland, a joint initiative by a number of financial services
Climate activists blockaded the London Stock Exchange today by gluing themselves across the entrances.
(Right to left) Economy secretary, Derek MacKay, digital economy minister, Kate Forbes, Jim Pettigrew, FiSAB co-chair and chairman of CYBG plc, Stephen Ingledew, chief executive, FinTech Scotland FinTech Scotland has confirmed that the number of innovative fintech SMEs based in Scotland has grown by
ProPharm Services, one of Scotland’s independent providers of pharmacy and prescribing support services, has expanded its service offering following support from Business Gateway East Renfrewshire.
In a bid to spearhead innovation in the financial technology sector, FinTech Scotland and Smart Data Foundry have joined forces to introduce an industry-wide UK fintech innovation challenge.
Global tech consultancy and engineering group Zühlke has appointed Linda Scott as director of business development as it plans to expand its operations in Scotland. Previously a director at the Scottish Chambers of Commerce and CEO of West Lothian Chambers of Commerce, as well as CMO at digital
The 2022-2023 Scottish Budget Bill has been backed by MSPs. During the Stage 3 debate in the Scottish Parliament, finance secretary Kate Forbes announced a further £290 million in financial support to help address the rising cost of living.
Alan McIntosh calls for an extension to emergency laws aimed at helping Scots who are struggling financially in the midst of the pandemic. As Scotland enters phase 3 of the route map to exit the lockdown, there is a danger of being seduced into believing the Scottish economy will bounce back an
Wheatley Group has retained its A+ stable credit rating by Standard & Poor’s Global Ratings (S&P). In its research update released yesterday, S&P pointed out Wheatley’s focus on its traditional role as a provider and manager of social-rented homes “s
Royal Bank of Scotland (RBS) has today announced it is opening its doors to new applications to join its in-house Entrepreneur Accelerator programme. The programme offers a fully-funded support programme for Scottish scale-ups and high growth businesses looking to scale and succeed.
Scottish rugby fans will be hoping their first XV can produce the goods against England next week - and if they can mirror the performance of Scotland’s top 15 listed stocks over the last decade, they’ll be taking home the Calcutta Cup without breaking a sweat.
The UK economy grew by a stronger-than-expected 0.5% in February, according to official figures from the Office for National Statistics (ONS), significantly outpacing the 0.1% forecast by economists.
Abrdn has reached an agreement to divest its European private equity division in a deal valued at approximately £100 million. The acquiring party is Patria Investments, a firm with a presence on the Nasdaq stock exchange. The transaction involves private equity assets under management (AUM) to
