Search: financial focus

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.

Scotland has asserted itself as the top UK location outside London for foreign direct investment (FDI), according to the latest Scotland Attractiveness Survey by EY. The figures reveal that in 2022, Scotland secured a record 126 FDI projects, marking a 3.3% increase from the 122 projects attracted i

Bield Housing and Care has appointed its first-ever chief operating officer, Debbie Collins, as part of its corporate strategy overhaul. The housing and care provider said Ms Collins will assist Bield to make positive contributions to its people, homes and communities and ultimately achieve its 10-y

Agricarbon, a Dundee-based automated soil carbon measurement firm, has joined forces with European climate tech investment marketplace HeavyFinance to launch a climate initiative focusing on carbon impact measurement. The joint venture will spearhead a 20,000-hectare project in Lithuania, aiming to

Johnston Carmichael has appointed Roy Hogg and John Gold to its Stirling team as business advisory partner and business advisory director, respectively, expanding its business capabilities. Mr Hogg, a Stirling native, and Mr Gold will be working closely with Craig Clinton, the office head.

Armstrong Gardens and Landscapes, an Edinburgh-based garden design and build specialist, has bounced back from the pandemic to report a record turnover of more than £1 million. The firm’s latest set of financial results to the year end 30 July 2022, shows a turnover of £1.2m, more