Search: financial focus

The Scottish Event Campus (SEC) has appointed Andrew Healy as its new chief financial officer, bringing over three decades of financial leadership to one of Scotland's most prominent venues. Mr Healy joins from DM Hall, where he served as financial director, following an extensive recruitment proces

The City watchdog, the Financial Conduct Authority (FCA), should ensure that UK companies are ready to meet the growing sustainability reporting challenges. Responding to the consultation Aligning listed issuers’ sustainability disclosures with international standards,  ACCA (the Associat

Registered Social Landlords (RSLs) delivered stronger financial results in 2024/25, but significant pressures on cash and short‑term liquidity continue to affect parts of the sector, according to new analysis from the Scottish Housing Regulator.

Edinburgh-based Earth Blox, a technology company helping organisations understand how nature loss and climate hazards affect financial performance, has secured £6 million in new investment led by PXN Ventures with support from Scottish Enterprise, follow-on investment from Archangels and fund

Standard Life has reported strong financial results for 2025, with operating cash generation rising 5% to £1,474m and IFRS adjusted operating profit growing 15% to £945m, driven by continued momentum across its core businesses. Workplace pension net inflows held steady at £5.3bn, m

The Prudential Regulation Authority (PRA) has imposed a financial penalty of £10,625,000 on U K Insurance Limited (UKI Limited) in connection with a miscalculation of their Solvency II balance sheet during 2023 and 2024. This resulted in UKI Limited overstating its solvency to the PRA and to t

The Financial Conduct Authority has fined Wood Group £13 million after concluding that a "poor operating culture" at the Aberdeen-based engineering firm led it to publish misleading financial information to investors over a three-year period.

Edinburgh-based software firm Craneware, a provider of financial performance solutions for the US healthcare sector, has posted a 14% increase in adjusted profit before tax to $23.5 million (c. £17.7m), supported by a 6% rise in revenue to $105.7m (c. £79m). These results, for the six mo

The corporate finance team at AAB has been ranked as Scotland’s most active M&A financial adviser for 2025. The firm maintained its top position by advising on 27 transactions during the year, according to the latest Experian MarketIQ report, narrowly ahead of Azets on 26 and K3 Capital Gr

New UK standards for sustainability and climate-related financial disclosures are positive but "should go further", ICAS has said. The highly-anticipated UK Sustainability Reporting Standards (SRS) were published by the UK's Department for Business and Trade this week.

Lenders could have access to more comprehensive information to support lending decisions, under new proposals by the Financial Conduct Authority (FCA).  The FCA is consulting on designating certain credit reference agencies (CRAs). If a lender shares credit information with one designated consu

BAE Systems has reported a robust financial and operational performance in its 2025 full-year results, underpinned by a record order backlog of £83.6 billion. Amidst escalating global security challenges, the company achieved a 10% increase in sales to £30.7bn and a 12% rise in underlyin

The Financial Conduct Authority (FCA) has confirmed the appointment of KPMG as the independent assessor responsible for evaluating proposals to establish a new standards-setting body for UK open banking APIs. This 12-week assessment is designed to identify which organisation is best positioned to le

Scottish renewable energy projects with the capacity to generate 1.4GW of electricity have been awarded a Contracts for Difference (CfD) in the latest UK government auction process. The CfD scheme is a financial agreement that supports low-carbon electricity generators by providing a guaranteed pric

The Scottish distilling industry is facing a deepening crisis as new data from financial advisory and restructuring firm BTG has revealed that 19% of Scotland’s distilleries are now in financial distress. In Scotland, 69 distillers, and a further 217 across England, Wales and Northern Ireland,