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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.

Aberdeen-based technology firm Proserv has appointed Julie Thomson as chief financial officer. Ms Thomson is a chartered accountant with over two decades of experience in the energy sector. Most recently, she held the role of finance director of the Europe and Africa region at oil and gas company We

Edinburgh-based IFA's Principal & Prosper has appointed Barclays as its banking partner to accelerate its long-term strategy following a period of sustained growth. The bank has taken on the independent chartered financial advisers’ transactional banking and cash deposits and the support h

Skycanner, the flight comparison website founded in Edinburgh, has appointed Kris Beyens as its new chief financial officer. Before joining Skycanner, Mr Beyens held executive roles at eBay, including vice president and chief operating officer of eBay EMEA and as chief financial officer for eBay Int

One in five major businesses in Scotland are ‘financially stressed’ according to new research from KPMG.

The outlook for Aberdeen City Council's credit rating has been labelled 'negative' in its latest financial review.

Aneta Hologa has been appointed to join the financial services team at Munro & Noble solicitors and estate agents. The company said Ms Hologa's mixture of skills from both her background in banking and having worked as an independent mortgage adviser made her the ideal candidate to join the team

Aberdeen-based mechanical and electrical services firm EnerMech has appointed Sandeep Sharma as its chief financial officer. Mr Sharma was formerly employed in the same position at Stork and prior to this, he was finance director at Bombardier Transportation.

Coventry Building Society has released a statement which admits the society's exaggeration of its financial strength for the last 11 years due to a calculation error. The building society issued a capital update last night which corrected the company's calculation of risk-weighted assets.

The Bank of England, Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA) have today published a shared policy summary and co-ordinated consultation papers (CPs) on new requirements to strengthen operational resilience in the financial services sector. Building the operat

UK software consultancy Infinity Works has opened a new office in Edinburgh after winning a second major client in the Scottish financial services industry. The client is an unnamed but "well-known bank".

Megan Butler, executive director of supervision - investment, wholesale and specialists at the Financial Conduct Authority (FCA), delivered a speech at the Royal United Services Institute in London. In her speech, she emphasised that financial crime and the criminal activity it facilitates caus

Edinburgh-based Canongate Youth has been chosen as the charity partner for this year’s Scottish Financial Enterprise Annual Dinner. Canongate Youth is an organisation working with vulnerable children and young people to gain education and employment.

PwC's latest consumer sentiment survey has found that Scots are becoming less worried about the impact of Brexit on their spending, but more believe they will be worse off in 2020 with retail and socialising expected to take the brunt of the cutbacks as operators ramp up their festive plans.