ScottishNews.com

Finance

Scottish fintech scene booms with new ward and launch of FinTech Scotland Festival

Published 6 months ago

Scotland’s FinTech Cluster celebrated the official opening of the Fintech Ward in the heart of the newly opened Edinburgh Futures Institute (EFI), with an event that also marked the launch of the much-anticipated FinTech Scotland Festival 2024.

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Regulator proposes tighter protections for payment firm customers

Published 6 months ago

The Financial Conduct Authority (FCA) is has announced plans to strengthen protection for customers of payments and e-money firms in case of business failure.

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Scotland’s economy edges ahead of UK with 0.3% growth in July

Published 6 months ago

Scotland’s economy saw modest growth of 0.3% in July 2024, outperforming the stagnant UK economy.

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Scottish Government unveils global green finance hub ambitions

Published 6 months ago

Scotland is aiming to position itself as a global centre for green and sustainable finance and investment, with Deputy First Minister Kate Forbes spearheading efforts to collaborate with financial institutions.

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SIS provides £600k funding to complete Haining House restoration works

Published 6 months ago

The ambitious restoration of an 18th-century stately home in Selkirk bequeathed for the benefit of the community by its former owner, Andrew Nimmo-Smith, is one step closer to completion, following a £600,000 funding boost from responsible finance provider Social Investment Scotland (SIS).

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MHA welcomes new recruits to Edinburgh and Aberdeen offices

Published 6 months ago

Pictured (L-R): MHA Edinburgh’s newest talent – Callum McEwan, Robbie Macaulay, Ali Armstrong, Iain Greig, Lewis Smith, Darcie Haggarty, Kyle Watkin, and Matthew McEvoy

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Scottish AI robotics firm secures £7.9m to scale robotics in manufacturing

Published 6 months ago

A new £7.9 million investment, led by £3.5m from the Scottish National Investment Bank, will enable scale and growth for Leap Automation Ltd (Leap AI), an emerging leader in low-cost industrial AI robotics.

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BoE Governor: No return to near-zero rates anytime soon

Published 6 months ago

Bank of England Governor Andrew Bailey has played down expectations of interest rates returning to near zero, citing the need for significant economic shocks to justify such a move.

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Scott Dunbar takes the helm at Johnston Carmichael’s new Elgin office

Published 6 months ago

Johnston Carmichael has moved into a new, state-of-the-art office in Elgin Business Park, and appointed Scott Dunbar as head of office.

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BlackRock joins FinTech Scotland to support fintech innovation

Published 6 months ago

BlackRock, the global investment manager, has announced it is joining FinTech Scotland, the cluster management organisation for the fintech sector in Scotland.

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Edinburgh biotech raises £950k for breakthrough dialysis treatment

Published 6 months ago

Invizius, an Edinburgh-based biotech company pioneering treatments for dialysis patients, has secured £950,000 in funding.

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Wbg highlights imminent furnished holiday lettings tax changes

Published 6 months ago

Accountancy firm Wbg is advising operators to get their house in order before the forthcoming abolition of the furnished holiday lettings (FHL) tax regime.

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New lender ScotLend launches bridging finance offering

Published 6 months ago

New lender ScotLend has officially launched, offering funding and bridging finance solutions throughout the UK.

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Nominations open for 2024 Scottish CFO Awards

Published 6 months ago

The Scottish Chief Financial Officer Awards have returned for a second year, celebrating the talent of finance leaders and their teams across Scotland.

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Azets: Warning as HMRC campaign targets incorrect construction industry scheme deductions

Published 6 months ago

Construction Industry Scheme (CIS) contractors are becoming a target for the tax authorities with HMRC issuing letters to CIS contractors if records indicate that the correct deductions may not have been applied, a Scottish tax expert has warned.

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