Search: financial focus

Scottish Building Society chief executive Paul Denton has forecast that Scotland’s £18 billion housing market will experience two waves of bounce-back when the country emerges from lockdown. Mr Denton expects that the market will return to pre-COVID-19 levels. 

Financial research specialist Substantive Research Limited has secured an £800,000 investment package from private equity investment manager Foresight Group. Substantive Research is based in London but recently opened an office in Edinburgh.

TSB has today announced it will ensure that all of its smallest suppliers will be paid within just 10 days of invoicing the bank. The move will apply to all companies that supply goods and services to the bank, even if the contract allows it to pay over a longer period.

Highland Council is expected to save hundreds of thousands of pounds a year and significantly reduce its carbon emissions thanks to energy efficiency upgrades part-funded by the Scottish Government through Salix Finance.

Hammerson, the owner of both the Glasgow Silverburn and Aberdeen Union Square shopping centres, has seen its pre-tax losses plummet to £573.8 million in the year to December 31st.

Lloyds Banking Group has reported a sharp drop in profits to £4.4 billion before tax, down from nearly £6 billion in 2018.

Following her delivery of the Scottish Budget, Kate Forbes has been appointed as cabinet secretary for finance. Ms Forbes' appointment was announced alongside the other cabinet appointments to the Scottish Government.

Jenny Simpson, partner and head of Wylie & Bisset’s charities team, has been re-appointed to the advisory committee that oversees the rules for how charities across the UK and Ireland report on their finances. For the first time, the committee will include organisations which work closely

Kristen Bennie, head of open experience at Royal Bank of Scotland, urges that Scots struggling with the stresses of 'life admin' should take time for themselves. It doesn’t seem all that long ago that we were all setting New Year goals to aim for. Perhaps it was to read more books or spend mor

Atelier Capital Partners has launched into the short-term lending and development finance market with finance provided by funds managed by M&G Investments. The company, which formed last year, provides finance for developments across the UK and has already financed projects in Scotland.

Drinks company AG Barr has pointed to challenging trading conditions as the firm expects its pre-tax profits for the last year to drop by 18% to £37 million. In a trading update, the Irn-Bru maker said that the £37m profit before tax expectation is at the top end of current market expect

Aberdeen Standard Investments (ASI) has appointed Sree Kochugovindan as its new senior research economist and Robert Gilhooly as senior emerging markets research economist. As part of the ASI Research Institute, Ms Kochugovindan and Mr Gilhooly will work alongside a team of economists and researcher

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

KPMG has cut the average pay of each of its 621 equity partners by £52,000 after the firm experienced a decline in profits. The average pay for KPMG's partners fell by £52,000 to ££549,000 last year. This amount is lower than that for partners at the other Big Four firms. Del

AJ Bell has posted record profits in its first year as a listed company. The company, which is one of the UK’s largest investment platforms saw pre-tax profits increase by 33% to £27.7 million in the year to the end of September on revenue up 17% to £104.9m.