Search: financial focus

Asset manager Aberdeen Group reported net outflows of £900 million in the first half of the year, even as profits surged and its new chief executive, Jason Windsor, pushes ahead with a turnaround plan. The withdrawals from its core asset management business, primarily driven by insurance clien

Complete Clarity Solicitors and Simplicity Legal has reported a 25% rise in turnover over the last two years to £2.1 million. Emma King, director of Complete Clarity Solicitors and Simplicity Legal, said: “It starts and ends with our people. As a result, it has been a year of positive or

Thousands of UK companies have been removed from the Companies House register over the last year, following a crackdown coordinated by the National Economic Crime Centre.

Hundreds of staff members at Brodies LLP benefited from a 5% bonus after the firm enjoyed a 15th consecutive year of growth, with revenue rising by 11% to £126.7 million. The firm's latest accounts, for the financial year ending 30 April 2025, also show that operating profit grew slightly to o

Dundee construction firm Kilmac has announced a record-breaking year, with profits soaring on the back of several major school construction projects.

Edinburgh-headquartered fintech Aveni AI welcomed a group of industry leaders yesterday from the UK’s wealth management and financial planning sector to an exclusive forum, to discuss how artificial intelligence (AI) will transform the future of financial services. Bringing together C-level le

Fraser Sinclair has taken over Williams Windows & Doors as CEO and business owner following the successful acquisition of the company from its founder, William Traynor. Founded nearly three decades ago, the Clydebank-based business has long-standing relationships with both trade professionals an

Morris & Spottiswood has announced its best-ever consolidated financial results, achieving exceptional growth in turnover, profit and cash reserves during 2024, driven by strategic sector growth and diversification and operational excellence across its business portfolio. The group, which is cur

Property firm Rettie has opened an Edinburgh South office to service the “jewel in the crown” postcodes of Scotland’s capital. The city’s EH9 and EH10 postcodes are two of Scotland’s top performing housing market, with average house prices nearly 50% more than Edinburgh

Digital bank OakNorth has provided a £7.5m revolving credit facility (RCF) to Aberdeenshire-based livestock feed manufacturer Harbro.

Industry leaders have set out ambitious plans to unlock growth in Scotland’s globally-renowned asset management sector. Asset management was identified as a key engine for growth in the wider Sector Growth Strategy, 18 months ago. This new, focused plan outlines how Scotland’s deep exper

Scottish climate tech venture studio Ventex has made several key senior appointments as it prepares for international expansion. Cross-border business development specialist Eddie Moore has joined the Aberdeen-headquartered firm as a partner to support its growing portfolio of companies.

Al Denholm, chief executive officer of the Scottish National Investment Bank, has announced his intention to retire later this year, concluding a 40-year career in finance. Mr Denholm will remain in his post for at least a further six months until a successor is appointed to ensure a smooth leadersh

Accountancy firm Armstrong Watson has significantly expanded its Glasgow operations through a merger with local firm Martin Aitken. The move, effective 7 April, integrates Martin Aitken's entire 110-strong team, including its directors who join as partners, into Armstrong Watson. This increases Arms

Scotland’s onshore GDP increased by 0.3% in January 2025, following a revised 0.5% growth in December 2024, according to official statistics. Over the three months leading to January, GDP grew by 0.5%, contrasting with the stagnant growth of the previous quarter.