The liquidity of Scotland's registered social landlords (RSLs) remains strong despite the challenging economic and operating conditions, but they have reduced financial headroom and reduced capacity to respond to further challenges, a new report from the Scottish Housing Regulator has found.
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Lothian NHS Board has welcomed Chartered Accountant Jonathan Blazeby as its newest member. Having accumulated 27 years of experience in the professional services sector, including a director role at PwC in the UK and Hong Kong, Mr Blazeby brings a wealth of expertise in statutory audits, financial r
Financial forecasts for Scottish Registered Social Landlords (RSLs) remain robust but governing bodies could face difficult trade-offs as finances tighten, according to the Scottish Housing Regulator’s summary of the sector’s financial plans for the next five years.
Scottish book publisher Sandstone Press has entered liquidation and appointed Margo McLenan, of McLenan Corporate, as liquidator due to strenuous trading conditions. Founded in 2002, the Dingwall-based firm, known for its diverse collection of fiction and non-fiction titles, has twice been name
In response to a surge in online financial promotions, often involving illegal activities, the Financial Conduct Authority (FCA) has announced is preparing to bolster its regulations, particularly in the area of social media guidelines.
In an environment of soaring interest rates and stubborn inflation, UK households continue to feel the sting of the ongoing cost of living crisis, with a cumulative loss of £65 billion in spending power forecast by May 2024, according to research by Grant Thornton UK and Retail Economics.
Brockwell Energy has announced financial close on its North Kyle wind energy project, which will see a total investment of £300 million to deliver 220.5MW of renewable energy capacity.
Ellon-headquartered Phil Anderson Financial Services has donated £5,000 to local children’s charity Rainbow Rogues. The Ellon-based charity has worked with vulnerable children and their families across Aberdeen and Aberdeenshire since 2005 and in recent weeks they have been fundraising t
A financial adviser who suffered a stroke while pregnant has urged people to take out financial protection alongside their wedding vows. Laura Pike, a financial adviser with St. James’s Place partner practice Alan Rutherford Wealth Management, in Aberdeen, had a stroke at the age of 31, while
Plans for the refurbishment of Brookwood Villa in Bearsden have taken a significant step forward with financial close achieved on the £2 million project. A landmark agreement has been reached between East Dunbartonshire Council, development partner hub West Scotland and main contractor Linear
Increases in the cost of living have led to more financial difficulties with 85% of surveyed individuals having said they are worried about their personal finances and, some are expecting to save less or stop saving at all towards their short and long-term savings goals, or are cancelling or d
Gordon Couch, a financial adviser who scammed a Scottish widow with dementia, is being pursued for £762,597 under proceeds of crime laws. Mr Couch was convicted of embezzling £170,000 belonging to Marjorie Stewart before and after her death in an Edinburgh nursing home. He admitted
Proposed changes to the UK's financial reporting rules following Brexit have been published by the Financial Reporting Council (FRC). The FRC issued the FRED 80 draft amendments on Friday, which propose to update the application guidance to FRS 100 to reflect changes to company law and decisions on
The provision of financial education to young people in Scotland received a massive boost this month as OSCR approved the transfer of Stewart Ivory Financial Education Trust’s (SIFET’s) assets and activities to Young Enterprise Scotland (YE Scotland), signalling an expansion of financial
The Financial Ombudsman Service (FOS) has said that banks and other financial institutions still need to do more to resolve complaints from their customers fairly before people are forced to seek help from the service. People are being warned to be extra vigilant about the threat from fraudsters and
