Search: financial focus

Vishal Chopra Grant Thornton has called for all parties in Holyrood to make tax simplification a post-election priority.

The incomes of commercial farms in Scotland are estimated to have halved over the four years to 2014. The latest reduction in farm business income, a measure of the return to unpaid labour on commercial farms, continues a four year decline in average income.

Two of Scotland's sporting legends, Sir Chris Hoy and Andy Murray, have shown that they are no slouches when it comes to matters financial. Olympic hero Sir Chris Hoy saw his company take in more than £1 million last year. The latest figures show the retired cyclist is still capitalising on his spe

The Scottish Government's budget for the next year has been passed by MSPs as trade union members protested outside Holyrood over cuts to council budgets and local authority job cuts. MSPs passed the budget by 64 votes to 57 after opposition parties continued to press Finance Secretary John Swinney

  Lucy Carroll

The creation of a new ethical finance hub for Scotland will be announced tonight at Heriot-Watt University’s Edinburgh campus. The Scottish Ethical Finance Hub (SEFH), which has received backing from the Scottish Government as well as leaders in the financial sector, will be based at Heriot-Watt U

The Scottish Loan Fund (SLF), managed by Glasgow-based Maven Capital Partners , has completed a £5 million investment in the energy service specialists Meta Downhole and READ Cased Hole, to support the international growth ambitions of both businesses. Aberdeen-based READ and Meta are trading compa

Harvey Wheaton CodeClan, Scotland’s first digital software skills academy, today announced the appointment of Harvey Wheaton, as its first chief executive officer.

Sharon Hamilton With its dual talents for finance and technology, Scotland is increasingly becoming the location of choice for businesses says Sharon Hamilton, international sector head of financial services at Scottish Enterprise.

According to PwC, annual reports from the Oil and Gas and Mining and Energy industries are now among the bulkiest produced in the UK, weighing in at 200 pages and 172 pages respectively.

Richard Toone Former partners of accountancy firm Chantrey Vellacott DFK LLP have completed a management buy-out of its business recovery division with support from Glasgow-based Clydesdale Bank.

Royal Bank of Scotland has announced that it is selling up to 75 million shares in its former US subsidiary Citizens Financial Group, the parent company of Citizens Bank. If all the shares are sold, it would represent 16 per cent of Citizens and reduce the Edinburgh-based lender’s stake to 132.7 m

Scottish lawyers Brodies LLP have reported an 11.2 per cent increase in turnover to £57.94 million for the 12 months to 30 April 2015. During the past financial year, the firm continued to develop client services across its offices in Edinburgh, Glasgow and Aberdeen, increasing costs by 8.8 per cen

The UK taxpayer’s stake in bailed-out Lloyds Banking Group, which was at one point more than 43 per cent state-owned, has now dropped below 15 per cent. The latest milestone was reached after the government sold another 657 million shares in the Edinburgh-based lender.

More than £13.2 million in council tax payments went unpaid to Glasgow City Council in the 2014/15 financial year, according to new figures. However, the data emerged in the same year that the local authority’s collection rate for the tax reached an all-time high.