FinTech Scotland has announced that chief executive Nicola Anderson will be stepping down at the end of 2025 to take up a new senior director position at Scottish Enterprise. Aleks Tomczyk is the new incoming chief executive for the cluster management body and will join with immediate effect as desi
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Begbies Traynor Group plc has appointed Thomas McKay as managing partner in Scotland and Northern Ireland as part of its new board structure to enable further UK expansion. The updated structure also sees Mark Fry named Begbies Traynor Group CEO. In his new role Mr Fry will drive the day-to-day lead
Carlos Gemmel discusses Scotland's burgeoning artificial intelligence sector, looking at its strengths in talent and innovation, while also pointing out the challenges in securing growth capital for globally ambitious start-ups. Artificial intelligence is often spoken about in sweeping, futuristic t
The Artisanal Spirits Company, owner of The Scotch Malt Whisky Society, has successfully secured a new £35 million financing facility with Santander. This new agreement replaces its previous arrangement with The Royal Bank of Scotland on more favourable terms.
A new initiative to support international growth for Scottish fintech companies has been launched, led by Scottish Enterprise and FinTech Scotland, during National Innovation Week. Scottish Minister for Business, Richard Lochhead MSP, announced the Scotland and North America Fintech Gateway during a
Scottish Borders Housing Association (SBHA) has appointed a new chair following its 23rd Annual General Meeting last week. After nine years of dedicated service, five of them as chair, Robin Hill has stepped down from SBHA’s board of management. He is succeeded as chair by Ian McDonald, a Char
Andrew Foyle analyses the ramifications of a Supreme Court judgment on motor finance commissions, exploring the subsequent uncertainty for lenders and consumers, and the anticipated regulatory response from the Financial Conduct Authority. On 1 August 2025, the Supreme Court issued its judgment in t
The Scottish Retail Consortium (SRC) has voiced concerns after the publication of the latest Recorded Crime in Scotland statistics which show a 17% rise in shop thefts over the past year, to over 47,000 incidents. David Lonsdale, director of the Scottish Retail Consortium, said: “It&rsquo
RSM UK has recruited Stephen Harrison into its risk and governance team, reinforcing the firm’s technology risk and governance capabilities in Scotland and throughout the UK. With a career spanning over 24 years, mainly in big 4 firms, and also in industry, Mr Harrison brings extensive financi
In her second Mansion House speech, delivered last night, the Chancellor, Rachel Reeves unveiled a wide-ranging set of regulatory changes aimed at stimulating growth in the financial services sector. Commenting on the announced plans, Bruce Cartwright CA, CEO of the Institute of Chartered Accountant
Will Wright and Alistair McAlinden from Interpath have been appointed joint administrators to Edinburgh-based cyber security firm Adarma Limited, as it ceases trading. The firm, founded in 2009, had grown to become one of the UK's largest independent cyber security businesses, employing 176 people a
PwC has reduced prices for some of its offerings after clients pointed to the firm's increasing use of artificial intelligence to deliver work more rapidly. The move highlights a growing pressure on consulting firms to share the financial benefits of AI-driven productivity with their customers.
Wealth manager RBC Brewin Dolphin has promoted senior director Zoe Gillespie to head its Glasgow office. Zoe, who is from Glasgow, joined RBC Brewin Dolphin as an investment manager in 2007 after beginning her career as a UK equity dealer at Barclays. Over the course of 18 years at RBC Brewin Dolphi
Glasgow-based whisky giant Edrington, owner of The Macallan, has reported a downturn in its financial performance, with pre-tax profits slumping by 26% and core revenue falling by 10% in the year to the end of March. The company saw pre-tax profits fall to £274.4 million and revenue decline to
Scottish dental group Clyde Munro has announced a three-year multi-million-pound investment plan that will secure the growth and development of its portfolio of dental practices. The group currently cares for around 500,000 patients across Scotland. As part of its plans, the business has announ
