Nationwide Building Society has seen its first-half profits more than double to £853 million, compared to £361m in the first half of 2020. For the six months to September 30, the lender saw its net interest income grow to £1,706m, compared to £1,448m in 2020, with higher marg
Search: financial focus
Moray-based whisky specialist Gordon and MacPhail has hailed steady sales and a £4 million rise in profits during a year of "unprecedented trading conditions".
KPMG UK has appointed 12 new directors across its Scottish offices amid a promotions round that sees 98 employees in new roles. Catriona Donald, Gordon Gray, Scott McCrorie, Paul Mulcare and Susan Thom have been appointed directors within KPMG’s tax and legal function.
Scottish insurance broker Blackford has announced it has doubled its team since the start of the Covid-19 pandemic last March. The start-up business risk specialist was set up just a year before the pandemic struck and now counts global tech firms, eminent fund managers, and renewables heavyweights
The Tomatin Trading Company is pressing ahead with plans to deliver its £12 million retail & leisure development at the Tomatin junction on the A9 following a landmark legal battle.
Investment deals totalling more than £3.5 million in two Scottish space technology enterprises show the significant support that employee-owned (EO) companies can unlock, according to lawyers from Lindsays. Capital for Colleagues (C4C), a specialist provider of advice and financing for firms o
RSM UK in Scotland has strengthened its plans for long-term growth almost doubling its annual trainee intake, recruiting a record number of trainees, with the majority joining the firm this summer. The leading audit, tax and consulting firm has recruited 39 new recruits across five Scottish offices,
Peter Vardy, the Scotland-headquartered automotive group, marked an extraordinary twelve months to 31 December 2020, recording increased earnings before interest, taxes, depreciation, and amortisation (EBITDA) of £14.26 million. The group has also reported a 3.2% return on sales, from £1
Colin Miller, partner at Burness Paull, discusses the recent crackdown on pharma companies for breaching competition law. The Competition and Markets Authority (CMA), the UK competition watchdog, has recently issued record fines against a number of pharma companies for breaching competition law.
Edinburgh-based software testing company 2i has landed a £20 million contract to help the Scottish Government deliver social security in Scotland. The firm has said that the contract will deliver testing and quality assurance to support the introduction of new benefits – and will also he
Asset & wealth management firm AssetCo has appointed former Standard Life Aberdeen manager Campbell Fleming as its new chief executive officer. Mr Fleming will take up his new role on October 2.
A new report published by PwC has revealed that just 14% of its staff come from a lower socio-economic background. As part of its full year annual report for 2021, The Big Four firm has announced a targeted action plan to increase social mobility through its recruitment, development and progression
Financial advisory firm 7IM has announced two new hires to its Edinburgh Private Client team with the arrival of Elaine McLachlan and Andy Bolden. The latest appointments follow a string of high-profile new hires in the region over the last three months, including that of Kris Barclay, who join
Alan Meek, partner and head of Morton Fraser's restructuring and insolvency team, discusses the intricacies of limited liability. Limited liability is one of the fundamental concepts in our understanding of company law.
With Scotland’s family businesses reportedly among the world’s worst affected by Covid-19, it’s vital to re-assess core purpose and strategic direction to ensure they emerge fit for a new post-pandemic era, according to Scottish entrepreneur Lee Fitzpatrick, managing director
