Jason Cozens, founder & CEO of fintech Glint, discusses the role banks will play in the future of alternative global currencies. For centuries, consumers have had no choice but to trust in the banking system. Anyone looking to secure their financial future was encouraged to entrust their s
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Edinburgh-based private bank Hampden & Co has appointed Caroline Taylor as a non-executive director and chair of the UK private bank’s Remuneration Committee. Ms Taylor has more than 25 years’ global executive experience in the financial services sector with a background in
More support for international trade and low carbon business strategies are two of the main asks from mid-market business leaders in Scotland, according to a survey carried out by advisory firm Grant Thornton in the days following Holyrood’s budget. The survey found that 48% were very op
The Financial Conduct Authority (FCA) has today published final guidance clarifying its expectations of firms on the fair treatment of vulnerable customers. The guidance aims to drive improvements in the way firms treat vulnerable consumers so that they are consistently able to achieve outcomes that
A new study by cybersecurity firm ESET has found that 24% of UK business leaders believe cross-border payments could help drive business profitability, amidst a period of complexity and confusion following the country’s exit from the European Union.
Glasgow entrepreneur Craig Alexander Rattray hopes to prevent companies going bust during lockdown with a new book on the importance of cash flow. Penned in partnership with Canadian accounting expert Jeff Borschowa, it is designed to provide owners with all they need to know to keep their businesse
Housebuilder and offsite timber systems manufacturer Stewart Milne Group has bounced back to profitability following a “transitional” financial year in 2018/19 which was adversely impacted by poor market conditions and exceptional items of £43 million. Historic accounts for a&
The Financial Conduct Authority (FCA) has published a report on change and innovation in the unsecured consumer credit market following a Review by its former interim chief executive, Christopher Woolard CBE. The Woolard Review sets out how regulation can better support a healthy market for unsecure
Ian Campbell, director and chartered financial planner at AAB Wealth, discusses the future of pensions. The only function of economic forecasting is to make astrology look respectable.” At AAB Wealth we agree with this view by the American economist, John Kenneth Galbraith, particularly in lig
Murray Capital, the private investment office of the Murray family, has led funding rounds for two Scottish start-ups. The funding rounds saw Murray Capital reinvest in two of its existing portfolio companies – Zumo and Blackford – with the support of the UK Future Fund and other co-inve
Murdoch MacLennan, banking partner in Scotland with accountancy firm Azets, has warned that 'Bad Bank’ – the term coined for the specialist units within banks where businesses showing signs of financial distress are transferred – is likely to make a return to the UK’s busines
The Financial Conduct Authority (FCA) has revealed the ways in which it currently works to protect consumers from investment harm by stopping and disrupting potentially harmful firms and activities. In a report issued today, the FCA has highlighted the action it has taken during the first ten m
Investment firm BGF has reasserted its plans to complete deals in Scotland despite the uncertainty caused by COVID-19 amid signs that concerns about potential tax changes will fuel activity. The firm has said it expects to find more businesses with good growth potential in Scotland to back after gro
Lomond Capital, the owner of Scottish lettings & estate agency brands Braemore and Stonehouse, is to merge with Yorkshire firm Linley & Simpson to create a new national lettings business with more than 22,000 properties on its books. Lomond Capital has said that the deal with Linley & Si
UK ministers have distributed contracts of up to £288 million to consultants at Big Four accountancy firms KPMG and EY to train thousands of civil servants over the next four years. Both firms will design and deliver courses in everything from project management and leadership to training on M
