Craig Herd, a product analyst at Sainsbury’s Bank based in Cumbernauld, has been named the UK Young Banker of the Year 2023. The prestigious award ceremony took place on 7 December 2023 at London's Mansion House. Initiated in 1987 by the Chartered Banker Institute, the awards honour individual
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Housebuilder Springfield Properties plc has announced the sale of 45 acres of land for £4.2 million. The transaction, involving land equivalent to 190 plots, is part of Springfield's strategic effort to reduce its debt, which had risen to £67.7m by 31 May 2023, up from £38.1m the p
St Andrews-based impact investment firm Eos Advisory LLP has announced a series of executive appointments, bringing the firm's headcount to 11. Anne Muir joins the firm as director of portfolio from the University of Dundee, where she was deputy director for research and innovation services and prev
EY has announced that Janet Truncale has been elected its next global chair and CEO, becoming the first woman to lead a big four firm. Ms Truncale is currently serving as regional managing partner, EY Americas Financial Services Organization (FSO). In this role she leads a diverse team of more than
The Insolvency Service (IS) has ceased its pursuit of five former Carillion non-executive directors dropping the case last week just hours before a High Court test case was set to begin.
KPMG has been slapped with a record £21 million fine by the Financial Reporting Council (FRC) over its mishandling of the audits for Carillion, the government contractor that collapsed in 2018.
Scotcoin has appointed Blockraise, the Zurich-based boutique Web3 venture accelerator firm, to support its plans for the next phase of its development. Blockraise will play a key role – similar to a nominated adviser – in making the ethical cryptocurrency accessible to a global audience.
Edinburgh Napier University's (ENU) cyber project, LastingAsset, aimed at combatting phone-based impersonation and imposter scams, has recently secured £220,000 worth of funding support. Such scams have caused huge financial losses, privacy infringement and distress to victims globally.
Nathan Davis discusses the implications of new sustainability reporting standards including the EU’s Corporate Social Reporting Directive and the International Sustainability Standards Board's measures on UK businesses, particularly SMEs. As part of the global effort to address sustainability
Considering the challenges and opportunities currently present in the Scottish investment landscape, Bob Hair, Scotland regional head at Cazenove Capital, discusses his firm's support for next month's Invest2Scale gathering in Edinburgh, focusing on its role in aiding revenue-generating Scottish com
Alba Bank – a Scottish challenger bank dedicated to supporting SMEs – has named Robert Sharpe as chair of the board and Andrew Lewis as chief risk officer as it gears up for launch. Moving into his new role as chair, Mr Sharpe brings with him over 45 years’ experience in retail ban
The Scottish National Investment Bank has been confirmed as a key sponsor of this year’s Invest2Scale event in Edinburgh. The bank, along with MarktoMarket and Cazenove Capital, has reaffirmed its support after sponsoring last year’s inaugural Invest2Scale gathering.
Isle of Harris Distillers, situated in Tarbet, is set to unveil its eagerly anticipated The Hearach single malt whisky, positioning the business to double its yearly turnover to nearly £8 million.
Deeside Timberframe has bolstered its senior management team with the appointment of a new finance director and a realignment of roles to support its ambitious growth plans. The Stonehaven-based timber systems design, manufacture and installation firm has appointed Kirsten Bell as finance director.
Axiom Ince Limited has acquired Plexus Legal LLP and Plexus North LLP (Plexus) out of administration for an undisclosed sum. Plexus North operates from one office in Edinburgh and is regulated by the Law Society of Scotland.
