Begbies Traynor have warned businesses across Scotland to prepare for further tough times ahead as new research by the firm shows that, in the latest quarter, advanced financial distress among businesses in the country has already started to soar compared with other parts of the UK. The latest
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Perth-based fintech Miconex picked up the Social Impact Award at the Scottish Financial Technology Awards on the 6th of October 2022. Miconex worked alongside Scotland’s Towns Partnership to introduce a local gift card for every area of Scotland, the first initiative of its scale in the w
Construction sector firm Morris & Spottiswood, which specialises in fit-out, housing and Mechanical & Electrical (M&E), has seen a return to pre-Covid turnover and profitability following a period of growth. Turnover for the last financial year (ending December 2021) increased by 30% to
Financial mutual Scottish Friendly has appointed Alan Rankine as its new chief financial officer (CFO). Mr Rankine is currently chief actuary at Scottish Friendly and will take up his new role from 1 January 2023. As well as becoming CFO, he will take up the position of an Executive Director of the
Donald Trump and his accounting firm Mazars USA, have been forced to hand over key financial records to lawmakers as part of a three years investigation into his disclosures and conflicts of interest. Carolyn Maloney, chair of the House Oversight Committee, said: “After numerous court victorie
Andrew Foyle, Daren Allen, and Jonathon Crook, partners within the financial services disputes and investigations group at law firm Shoosmiths, based in Edinburgh, London and Manchester respectively, comment on the FCA's new consumer duty. In the UK, the clock is ticking for financial services firms
Latest report shows 4.4 million households are struggling financially, up from 2.8m in October 2021 - an increase of 1.6m households.
Scottish consumers deem the government’s financial services reforms as out of touch and elitist, putting the City of London first and repeating the mistakes of the past – according to new research published today by the Finance Innovation Lab.
Edinburgh-based telecommunications service provider Commsworld has appointed highly-respected and experienced business leader Andy Leitch as its new chief financial officer. He joins the board from M247, where he was chief financial officer of the company, based in Manchester.
Members of Unite have embarked on strike action at the Financial Conduct Authority (FCA) today in Edinburgh and London. This industrial action is the first action since the inception of the regulator. It follows many months of refusals by FCA management to listen to the concerns of their workforce.
Law enforcement agencies probing suspected financial crimes have the right to additional time when necessary to properly investigate, a Scottish court has ruled. The landmark decision handed down by the Sheriff Appeal Court underlines the emphasis placed by courts on “allowing law enforcement
Taxpayers in Scotland are being encouraged to check online for the range of financial support available from HMRC to help with living costs. HMRC has listed the support available in one place to ensure people are not missing out and can easily find out online if they are eligible and how to claim.
Gilson Gray has appointed Alastair Fiddes as its new chief financial officer, as the firm eyes further expansion. Mr Fiddes returns to Scotland from Zurich to take up the position later this month. A senior finance and operations executive, he has a track record in leadership and delivery spanning 2
The Edinburgh Tax Network and Chartered Institute of Taxation invite you to join Janet Mui and Graeme Muir of Brewin Dolphin for an update on financial markets and analysis of pensions by webinar on Thursday 24th February 2020 from 1pm to 2pm. At this event, Janet and Graeme will discuss:
James McMillan, director at law firm Anderson Strathern, warns that Scotland has become an international hotspot for financial crime. In the UK context when you think about white-collar crime over the last couple of decades, names like Barings Bank, the Bank of Credit and Commerce International (BCC
