Search: financial focus

Edinburgh-based software company Sharktower AI has announced the appointment of Brendan Waters as its chief financial officer. Mr Waters spent several years as a corporate finance advisor to technology businesses before joining one of the UK’s highest-profile tech start-ups, FanDuel, as their

A total of 128 companies have now received more than £5 million of financial support through the Scottish Government’s Seafood Resilience Fund.

The Financial Reporting Council (FRC) has today completed its annual review of FRS 101 Reduced Disclosure Framework and made minor amendments, for consistency, to the disclosure exemptions relating to the statement of cash flows. The FRC has also issued FRED 74 Draft amendments to FRS 102 – In

The Scottish Government has announced that coronavirus financial help will be expanded to include businesses that share properties, such as indoor markets, and for firms that aren’t on the rates system, such as some bed and breakfasts. The Federation of Small Businesses (FSB) – who led c

An unprecedented level of financial stability attained by Scottish football clubs has been wiped out by the coronavirus pandemic pushing many teams to the "brink of insolvency" according to a report published by Begbies Traynor.  Scottish football club finances had gained unprecedented sta

Brewin Dolphin has added to its growing Glasgow financial planning team with the appointment of Daniel Hough. With a decade’s experience in financial services, Mr Hough joins the wealth manager as a financial planner from Mattioli Woods where he spent more than four years working in Aberdeensh

UK lenders have given over 1.6 million mortgage payment holidays as of Friday 24 April 2020 to support customers facing financial difficulties due to coronavirus, UK Finance has revealed.

New car registrations for March saw a steeper fall than during the 2008 financial crisis, according to new data from the Society for Motor Manufacturers and Traders (SMMT).

Banks are increasing the cost of personal loans and overdrafts as millions of people plunge into financial difficulty because of the coronavirus pandemic.

Nic Storonsky, chief executive of Revolut, has refuted rumours that the fintech is facing financial difficulties in the wake of the coronavirus outbreak. As worries spread over the impact of COVID-19 on stock markets, banks and businesses, Revolut has reassured customers that rumours of its demise a

The Financial Conduct Authority (FCA) has written to companies that it was aware were intending to publish preliminary financial statements in the next few days, urging them to delay their planned publications.

The Financial Conduct Authority (FCA) has published its Suspicious Transaction and Order Reports (STORs) for the year ending December 2019 showing the first decrease in the total number of reports since 2016. The FCA said that there may be several reasons for the decrease, including the fact that th

Healthcare tech company Craneware has appointed David Kemp, the chief financial officer of Aberdeen oil services company Wood Group, to its board. Mr Kemp has been appointed to the board as an independent non-executive director and will join on March 1st this year.

The Financial Reporting Council (FRC) and Department for Business, Energy and Industrial Strategy (BEIS) have published joint letters for accountants and auditors with information regarding auditing, accounting and corporate reporting standards during the transition period following the UK’s e

The Financial Reporting Council (FRC) has today launched a consultation on revised auditing standard for identifying and assessing risks of material misstatement.  The FRC’s changes reflect revisions made by the International Auditing and Assurance Standards Board (IAASB) and are designed