East Renfrewshire MP, Paul Masterton and Eastwood MSP, Jackson Carlaw, welcomed the Economic Secretary to the Treasury, John Glen MP, to their constituencies as they met with the award winning Giffnock business First Floors this week.
The visit centred around how the use of “Fintech” (Financial Technology) is making life easier for Small and Medium sized businesses.
First Floors specifically utilises Auto Entry – automated data entry software - that enables shop owners to manage their books in a more efficient manner.
John Glen, Economic Secretary to the Treasury said:
“Financial technology and online banking have revolutionised the way our country manages its money. I came to Scotland to see how our businesses are embracing this change, starting off in Giffnock’ s brilliant family-run business, First Floors. Not only did I get the chance to see how they had embraced the digital revolution, they also had the carpet that the Queen and Duchess of Cambridge walked on when they came to visit Scotland, so an amusing visit all round!”
East Renfrewshire MP, Paul Masterton commented:
“It is always a pleasure to be able to highlight the success local businesses are having in East Renfrewshire. First Floors continues to go from strength to strength and is a prime example of how successful a community driven business can thrive. Their adoption of FinTech is the latest step forward for the company and will enable them to become a success long into the future. The Treasury Minister wanting to come and see how this technology is working in First Floors is evidence of their success.”
Eastwood MSP, Jackson Carlaw added:
"Small businesses such as First Floors are the backbone of our UK economy.
"Technology changes such as FinTech are helping make these small businesses more agile and will long term help them to reduce cost.
"In having John Glen MP in the constituency business owners such as First Floors have been able to feed back directly into the heart of our UK Government, which can only be a positive opportunity!"
First Floors Operations Manager, David Hepburn added:
“It was a pleasure to meet members of Government to discuss the opportunities and challenges that businesses like First Floors experience. By adopting new fintech we find ourselves able to manage the business more successfully and achieve increased visibility on a day-to-day business, critical in achieving the growth we have experienced in the last few years. We look forward to keeping the lines of communication open in the future.”