Search: financial focus

More than half of Scottish finance leaders find government coronavirus support initiatives ‘adequate’, according to research gathered by Edinburgh-headquartered finance and accountancy search specialists, iMultiply. 

Aberdeen New Thai Investment Trust, a trust managed by Aberdeen Standard Investments, has posted its annual results for the 12 months to 29 February 2019, revealing a total return of -16.6% versus the total return of -12.8% from the company’s benchmark. The company also pos

Profits at the Royal Bank of Scotland have halved in the first quarter of this year as the bank allocated £802 million to accommodate for a rise in loan losses stemming from the coronavirus pandemic. RBS posted pre-tax profits of £519 million for the period, down from £1 billion th

Edinburgh-based private bank Hampden & Co has reported strong annual results for the year to 31st December 2019 with income up 36% to £8.7 million from £6.4m in 2018.  The bank has also reported that client deposits have grown by 53% to reach £409.4m (2018: £267

Shepherd and Wedderburn has promoted corporate finance specialist John Morrison as a partner at the firm.  Mr Morrisons' appointment is part of a tranche of appointments which has seen has construction law specialist Lauren Thomson appointed as a partner and four of the firms' lawyers

The Scottish Government has announced new measures to protect business tenants during the current coronavirus pandemic, with the notice period for commercial leases extended from 14 days to 14 weeks. The notice period before a commercial lease can be terminated for non-payment of rent has been exten

Nationwide has announced that it will be closing some branches and reducing its opening hours amid the coronavirus pandemic.  As Prime Minister Boris Johnson called for greater care to be taken regarding social distancing, and in light of his announcement to lockdown many ‘non-critical&rs

The Royal Bank of Scotland has announced that Yasmin Jetha will be appointed as a non-executive director at the group on 1st April 2020 as Alison Davis steps down at the end of March. Ms Jetha will succeed Ms Davis as chairman of the technology and innovation centre and will also become a member of

Standard Life Aberdeen (SLA) has posted its Full Year Results for 2019 revealing a 10% drop in profits. The company's profits before tax stood at £584m, a 10% drop which SLA said reflected lower revenue. The results also revealed that free based revenue had dropped by 13% standing at £1,

Insurance giant Aviva, which employs 2,500 staff across hubs in Perth and Bishopbriggs, has announced that it will sell its joint venture in Indonesia, PT Astra Aviva Life, to Aviva's joint venture partner, PT Astra International Tbk. Aviva's boss Maurice Tulloch, hinted of its intention to sell off

Carol Flockhart, managing partner at accountancy firm Chiene + Tait, highlights the benefits of apprentice programmes.  This is Scottish Apprenticeship Week, an annual event in which employers, learning providers and apprentices across the country promote the importance and benefits of work-bas

Metro Bank has announced that it will repay £50 million of bailout funding to RBS. The announcement arrives as the bank altered its strategy after releasing its full-year results and scaled-back its plans for branch expansion over the next few years.

Digital challenger bank Revolut, chaired by Standard Life Aberdeen boss Martin Gilbert, is now valued at £4.3 billion ($5.5bn) after securing $500 million from investors.

HMRC is homing in on inheritance tax avoidance by wealthy families through the creation of a secret unit which will investigate the ways in which investment companies are used to reduce bills.

Keith Skeoch, CEO of Standard Life Aberdeen, has been appointed chair of the Investment Association’s (IA) board. Mr Skeoch replaces Peter Harrison, group CEO of Schroders, as chair after his three-year term comes to an end.