Search: financial focus

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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.

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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.

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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

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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

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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.

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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.

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The UK Government has sold off another tranche of shares in bailed-out Lloyds Banking Group, taking the taxpayers’ stake in the Edinburgh-based lender below 16 per cent. The latest sale was of a one per cent stake for around £500 million, The Treasury said.

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SSE worth £1.47bn to Scottish economy, says PwC report Perth-based energy giant SSE contributes around £1.47 billion to the Scottish economy anually, according to new research carried out by global accountancy firm PwC.

2071-2085 of 11632 Articles
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