Search: financial focus

Johnston Carmichael has strengthened its restructuring capability with the progression of Sarah Bedford to an appointment-taking director. Ms Bedford, a restructuring director based in the firm’s Glasgow office, has secured an insolvency licence from the Institute of Chartered Accountants of S

Businesses in the Highlands and Islands have continued to perform well over the past six months despite having experienced significant challenges, according to the latest business survey commissioned by Highlands and Islands Enterprise (HIE). Fieldwork was carried out between 28 October and 5 D

Coastal Workboats Scotland Ltd, the state-backed shipbuilder that revived maritime manufacturing in Stornoway for the first time in a century, has entered administration. Michelle Elliot and Graham Smith of FRP Advisory were appointed as joint administrators on 10 December 2025. The company had relo

Scottish hospitality group Buzzworks has posted a 8.4% rise in revenue to £37.3 million for the 53 weeks to 4 May 2025. This compares with revenue of £34.4m in the previous year. Underlying EBITDA was £3.32m, down from £3.77m in the previous year, which benefited from in

The price of gold has surged past the historic milestone of $5,000 (c. £3,660) a troy ounce for the first time, reaching highs of over $5,100 (c. 3,732) in Monday trading. This rally represents a continuation of the metal’s strongest weekly gain since the 2008 financial crisis, driven by

Johnston Carmichael has agreed a new partnership with STAC (Smart Things Accelerator Centre), supporting Scotland’s innovation economy and the next generation of tech entrepreneurs. Based in Glasgow, STAC is Scotland’s industry-led accelerator for product-focused tech startups.

A home-based food business in Perthshire is carving out a name in the local takeaway sector after receiving support from Business Gateway.

Independent quarry business Hillhouse Group has appointed Alistair Borthwick as the organisation’s new chief executive officer. Alistair Borthwick will join the family-run business from global air-traffic control organisation NATS, where he served as chief financial officer, bringing extensive

Bayne’s the Family Bakers recorded a profit before tax of £3.4 million for the year ended 31 March 2025, maintaining financial stability despite significant inflationary pressures. This steady performance underpins a newly announced strategic roadmap, which will see the company invest &p

Just four of the 42 clubs (9.5%) in Scotland’s top four leagues are showing signs of financial distress, down by 20% year on year, while in the EFL only three of the 72 clubs (4.2%) show signs of distress, half the number 12 months earlier, Begbies Traynor has revealed. Data from the Football

The Edinburgh Boiler Company (EBC) is set to embark on an aggressive expansion phase, aiming to double its turnover to £20 million over the next 12 months. This ambitious target follows a record-breaking year for the firm, which is on track to post a £10m turnover, driven largely by a su

Johnston Carmichael has strengthened its leadership team with four senior promotions in Glasgow. Two new partners and two new directors will now be based in the Glasgow office, with a further four directors promoted across the firm’s wider network.

Richard Hughes, chair of the Office for Budget Responsibility (OBR), has taken the "unusual step" of publishing the evolution of the watchdog’s economic forecasts, confirming that Chancellor Rachel Reeves knew she had met her financial targets days before warning the public of a dire economic

On the eve of the Budget, pensions have emerged as the leading concern among Scots, according to analysis by wealth and asset manager Rathbones. The survey, which polled more than 3,000 UK adults found that 47% of Scots identified pensions as their top Budget issue. This was the highest of any categ

The Robertson Trust has awarded Money Advice Scotland £30,000 per annum for three years to develop the core of its work and create a more financially resilient Scotland. As the national umbrella organisation for the free money and debt advice sector, Money Advice Scotland represents advisers,