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
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Holyrood’s Finance and Constitution Committee has launched a new inquiry into how the UK internal market might operate post-Brexit. The UK does not have a defined internal market as it has been part of the European Union Internal Market for over 20 years.
The Financial Conduct Authority (FCA) is today proposing to reform the easy access cash savings market. Under new rules all firms will have to set a single easy access rate (SEAR) across all easy access accounts. Firms will have flexibility to offer multiple introductory rates for up to 12 mon
Companies need to improve their governance practices and reporting if they are to demonstrate their positive impact on the economy and wider society, according to a new report from the Financial Reporting Council (FRC). While changes to the 2018 UK Corporate Governance Code raised the bar considerab
Leven Car Company, Scotland’s only Aston Martin and Rolls-Royce car dealership, has gone into administration with Leonard Curtis Business Rescue and Recovery appointed as its administrators.
Last year marked the “worst year on record” for retail sales in the UK, according to new research conducted by the British Retail Consortium (BRC).
Standard Life Private Equity Trust Plc has posted strong results following an "active year for new commitments". The NAV total return (NAV TR) for the year was 10.5% versus 2.7% for the FTSE All-Share index and in line with the company’s annualised NAV TR since inception of 10.2%.
Scottish tax and business advisory specialists EQ Accountants LLP has promoted Rachel Bell, Scott Greig and Robert Young from principal managers to partners, effective from 1 April 2020. Since joining the firm as trainees, Rachel, Scott and Robert have shown dedication and commitment to th
Strathaven-based businessman Andy Aird, who has over four decades of experience in the automotive industry, has been elected to co-ordinate grassroots activity for the Federation of Small Businesses (FSB) in Scotland. Mr Aird, owner of transport consultancy Concierge Vehicle Solutions, has
Law firm Shoosmiths has appointed Fiona Cameron as a banking partner in its Glasgow branch. The move arrives as the firm underlines its strategic intent in the Scottish market with the appointment of two new partners and two associated across Scotland.
Scottish Africa Business Association (SABA), an organisation which is creating export opportunities for Scottish companies, has appointed John Paterson as its new executive chairman. Mr Paterson is a globally-focused businessman and corporate specialist who has an extensive track record of
Mastercard is to release an augmented reality app that it said will transport cardholders into an immersive 360-degree virtual reality environment where they can explore the benefits which come with their card.
Livingston-based Window Supply Company (WSC) is aiming to treble its manufacturing capacity after it secured a £2 million equity investment from BGF. WSC manufactures PVCu and aluminium windows, doors and conservatories from its manufacturing facility in Livingston, supplying builders, joiners
Permanent staff appointments increased for the second consecutive month in December, although growth remained historically subdued, the latest Royal Bank of Scotland Report on Jobs has found. The data has also revealed that temp billings declined for the first time since June, albeit only
Aberdeen-based Tricore Ltd has become Scotland’s latest employee-owned business, with all members of staff becoming owners. Established in 1987 by Greg Henderson and Bill Bowie, Tricore Ltd specialises in the supply and refurbishment of industrial drill bits. It also provides a refur