Appointments

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The Joint Regulatory Oversight Committee (JROC) has appointed Bryan Zhang as independent chair of the newly set-up strategic working group (SWG). The committee, led by the Financial Conduct Authority (FCA) and Payment Systems Regulator (PSR) and including the CMA and HM Treasury, announced the forma

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NatWest Group has announced that Scott Marcar will join its executive committee as chief information officer from 5 September 2022, subject to regulatory approval. Mr Marcar joins the group from Deutsche Bank where he was CIO. Scott has over 25 years of technology experience having led teams across

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Commercial property company HFD Group has made two new appointments to its board with the promotion of Stuart Teape and Katrina Ovenden to finance director and legal director respectively. Mr Teape joined HFD in July 2021 and previously held a number of senior finance roles within the

Accountancy

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New research has highlighted a growing skills gap in the UK and how it is affecting the accounting profession. The research by Go1, shows that over a quarter (28%) of accountants feel they haven’t been properly trained to do their job and that more a third (35%) of accountants agree that

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The Financial Reporting Council (FRC) has released the 20th edition of its annual Key Facts and Trends (KFAT) report. This year's KFAT shows that membership of the accountancy bodies continues to grow, with nearly 390,000 members in the UK and Republic of Ireland and over 590,000 members worldw

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Ahead of this year’s Scottish exam results day, accountancy professional body ACCA Scotland is urging young people to remember there’s no wrong way to start a career in finance and accountancy. The professional body has highlighted the range of starting points to become a qualified accou

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KPMG has resumed bidding for large government contracts after having taken itself out of the running amid a series of accountancy scandals. In December last year, Scottish Financial News reported that the Big Four firm pulled out of bidding for public contracts after the Cabinet Office threatened to

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Aberdeenshire-based timber manufacturer, Kirkwood Timber Frame, has secured £12 million worth of new business in its first year of trading. Initially launched after a £2m investment from its sister company Kirkwood Homes, the company has attained projects ranging from social and private

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Scotland-based integrated forestry business BSW Group has acquired a stake in Bradford-based shed manufacturer Power Sheds, which since launching in 2019 has grown turnover to over £15 million becoming a strong player in the sector. Founded in 1848 in Berwickshire, BSW was acquired by glo

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Glasgow’s west end will be home to Scotland’s first specialist 'Pastelaria' bakery after it received a £40,000 loan. The Portuguese-style bakery, 'Pastéis Lisboa', run by entrepreneurial couple Emma Airley and Sebastian Bacewicz, is opening this week on Byres Road.

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New research has revealed that over a third of SMEs in Scotland believe debt funding is more widely available to male-owned businesses. The report, Geared for Growth by independent asset manager Boost&Co, showed that 34.6% of Scottish business leaders agreed with the statement that debt funding