Search: financial focus

There has been a rise in optimism among CFOs of the UK's largest businesses, according to Deloitte’s latest CFO survey. A net 17% of CFOs are more positive about the financial prospects of their companies compared to three months ago, marking the third consecutive quarter of improved sentiment

A Scottish wealth management firm has won two prestigious awards at the Professional Advisor Awards, cementing its position in the industry. The firm, Tweed Wealth Management, was named the Best Financial Advice Firm in Scotland and Northern Ireland, as well as the Best Financial Advice Fi

Edinburgh-headquartered Clockwork removals and storage has strengthened its business with the appointment of a new executive team. The firm has been trading for 28 years and offers domestic, commercial and international removals and storage services across the UK. Clockwork has branches in Edin

The Institute of Chartered Accountants of Scotland (ICAS) has announced the biggest shake up in how it trains accountancy students in its 170-year history, with the launch of a new syllabus and a new way of learning for students. The new syllabus will make sure that the Chartered Accountant (CA

Edinburgh-based Corran Capital has secured £80 million for its second fund, Corran II, dedicated to investments in clean energy and climate-focused companies throughout the UK. The specialist clean energy private equity firm has invested part of the funding to acquire a 30% stake in Vital Ener

KPMG has been fined £1.5 million by the Financial Reporting Council (FRC) for "serious failings" in its audit of prominent advertising agency M&C Saatchi.

The University of Dundee has transitioned the management of its £31 million endowment fund to Greenbank, the specialist ethical, sustainable and impact investment team of Rathbones Group. Greenbank are focused in sustainable investment management and have a vision to help clients invest their

HSBC has been slapped with a £57.4 million fine by the Bank of England's Prudential Regulation Authority (PRA) for "serious failings" in safeguarding customer deposits over a seven-year period from 2015 to 2022. This marks the second-largest fine ever imposed by the PRA. The initial fine 

The Institute of Chartered Accountants of Scotland (ICAS) has welcomed the revised UK Corporate Governance Code as a step in the right direction. Bruce Cartwright, chief executive at ICAS, said: “We support the FRC's approach to streamline changes to the new Corporate Governance Code. We belie

KPMG, the smallest of the Big Four accounting and consulting firms, reported an 8% growth in global sales in the financial year ending September 30, 2023, reaching $36.4 billion (around £29bn).

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

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.