Search: financial focus

The Capital Markets Industry Taskforce (CMIT) has highlighted the need for an additional £100 billion annual investment over the next decade to drive long-term growth in the UK economy. The CMIT's Capital Markets Of Tomorrow (CMOT) report, led by Sir Nigel Wilson, quantifies the scal

American petroleum drilling firm Helmerich & Payne, Inc (H&P) has come to a definitive agreement to acquire of Portlethen-based KCA Deutag for a cash sum of $1.9725 billion (c. £1.53bn).

Scotland's economy is projected to grow more in this year compared with last year, with real GVA expected to be 0.9% higher across 2024, according to PwC. The Big Four firm's latest Economic Outlook reveals that, while considered subdued, the rate of growth north of the border is greater t

Decommissioned data centres and former office sites belonging to Bank of Scotland-owner Lloyds Banking Group are to be redeveloped into new social housing projects. The group announced today that it plans to identify suitable housing partners in the regions who will be responsible for redeveloping t

Scottish retail sales experienced a significant decline in June 2024, dropping by 3.6% compared to the same period last year.

The accountancy profession faces a pivotal moment amidst rapid global change, writes ICAS chief executive Bruce Cartwright CA, discussing the future of the profession as the role of accountants evolves with the needs of society and stakeholders. At a time when the world is evolving faster

Scottish accountancy firm Condies, which has offices in Dunfermline, Edinburgh, and Dundee, has been acquired by Dains Group. The move strengthens Dains Group's compliance and advisory services across Scotland, further building on the group's acquisition of William Duncan + Co in 2022 (now Dains Sco

A Johnston Carmichael partner has surpassed his £1,000 fundraising target for the ICAS Foundation by participating in the Edinburgh Half-Marathon. Graham Marjoribanks, who is also head of audit at Johnston Carmichael, is among a group of 25 Chartered Accountants (CAs) taking on a challenge to

The NHS has become the latest organisation to be impacted by a cyber-attack on a third-party supplier providing critical services, causing huge disruption to patient care. RSM UK says this latest attack highlights the growing risk to organisations as cyber criminals continue to target third-party se

Deloitte in Scotland has announced the promotion of three of its directors to partner, all three of whom started their careers as graduates with the firm. They have been promoted alongside 11 of the firm’s people to directors, and 215 promotions across Scotland in total.

Accountancy and business advisory firm Johnston Carmichael has strengthened its leadership team with five senior promotions across the business. Three people have joined the firm’s partnership group and two have been promoted to director level. A further 92 people were promoted across the busi

Johnston Carmichael's private client tax team has secured a prestigious accolade at the Tolley’s Taxation Awards 2024, winning the Best Private Client Tax Practice award. This UK-wide event, held at the Hilton London Metropole, celebrates excellence within the tax profession.

Aberdeen-headquartered specialist drilling waste management company, TWMA, has posted an increase in turnover to $70.9 million (around £56m) from $67.8m (around £53m), with profit remaining consistent year-on-year at $15.3m (around £12m), for the year ended to 31 December 202

The Port of Aberdeen, the UK's oldest business, has posted a £25.7 million operating profit, up from £21.3m, for the year 2023.

Unity Trust Bank, which supports organisations to deliver positive social impact, has been named by The Sunday Times in its annual Best Places to Work Awards. The list recognises and celebrates the UK’s best employers, based on feedback from employees and an independent assessment of six key a