Search: financial focus

A new survey by the Scottish Chambers of Commerce has found that further direct financial support is needed to help firms deal with potential local lockdowns as over half of firms (56%) have reported lower levels of cashflow compared to one month ago. A total of 56% of the firms surveyed h

Glasgow-based data analytics firm Bellrock Technology has appointed Hugh Lennie as its new chief financial officer. The firm has also appointed Dave McConachie as its new chief commercial officer.

The UK’s accounting watchdog has closed its investigation into the finances of support services contractor Mitie.

Ahead of the reopening of pubs and restaurants on July 15 as lockdown measures are eased, chartered accountancy firm Wylie & Bisset is advising those hospitality sector operators facing financial difficulties because of the coronavirus to consider applying to the Redundancy P

The Scottish Government has issued a fresh call for the UK government to ease the financial restrictions imposed on devolved governments so they can better respond to the COVID-19 crisis. The call has come from finance ministers from the three devolved administrations across the UK, with Kate Forbes

Giles Wilson, chief executive officer of global aviation services firm John Menzies PLC, has announced that he will leave the group to take up the position of chief financial officer with William Grant & Sons.

The Scottish Government has called for an extension of its financial powers within a newly published blueprint for the country's economic recovery. The report entitled COVID-19: UK Fiscal Path – A New Approach also proposes the creation of a UK-wide £80 billion stimulus package to r

Scotland increased its share of financial services foreign direct investment (FDI) in 2019 and secured Europe’s largest international investment project in terms of job creation, while project numbers across Europe fell, according to the latest EY UK Attractiveness Report for Financial Se

Dundee-based manufacturing firm Pryme Group has appointed Tyler Buchan as its new chief financial officer. Mr Buchan will succeed Kerrie Murray following her recent promotion to the role of CEO.

As UK businesses cautiously return to trading, a review of the last eight weeks of the Association of Chartered Certified Accountants (ACCA UK) and Corporate Finance Network (CFN) SME Health Tracker reveals that the lockdown has had a marked impact on SMEs’ financial outlook. Since e

Edinburgh-based private bank and wealth management company Adam & Company has appointed Andy Hall as financial planning director. Mr Hall joins from Barclays Wealth Management, where he was director of wealth planning for Scotland and Northern Ireland.

The Royal Bank of Scotland (RBS) has reaffirmed its support for the next generation of financial services workers while making changes to how this year’s summer internship programme will be run because of the coronavirus pandemic. Given the current coronavirus lockdown restrictions in the

Peter Vardy Limited has announced the appointment of Colin McLellan as its new chief financial officer for its group of companies, which include the digital finance broker CarMoney and software solution provider SilverBullet.

ASCO, the global integrated materials and logistics management company, has appointed Gary Paver as its new group chief financial officer. A seasoned finance executive, Mr Paver is a chartered accountant with over 25 years' experience in North Sea oil and gas including roles with Halliburton, Petrol

In the wake of the coronavirus outbreak, the number of UK companies in financial distress has surpassed half a million.