Experienced real estate and financial services advisor Scott Marriott has launched Instar Partners, a new specialist advisory firm based in East Lothian. The firm is dedicated to providing tailored and creative solutions for clients navigating complex real estate transactions and opportunities.
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Ellon-headquartered housebuilder Scotia Homes has reported a £2.5 million pre-tax loss for the financial year ending June 2024, as the cost-of-living squeeze and difficult market conditions impacted trading.
Aberdeen-headquartered Wood Group has announced it must restate financial results for its 2022 and 2023 financial years and the first half of 2024, following an independent review, which may lead to suspension of its shares from trading on the London Stock Exchange.
Pamela Ogg, chief financial officer at MFMac, has won in the “CFO of the Year – Deal of the Year” category at the 2024 Chief Financial Officer (CFO) Awards.
The Financial Reporting Council (FRC) has fined PwC £2.9mn for failures in its audit of since-collapsed Wyelands Bank, which was owned by businessman Sanjeev Gupta. The Big Four firm admitted to breaching audit requirements for the bank's 2019 accounts, particularly regarding risk assessment a
The Edinburgh Integration Joint Board (EIJB) is set to deliberate on a proposed £29 million savings programme for the 2025/26 financial year, aimed at balancing its £900 million budget.
As part of its campaign to support small and medium-sized enterprises (SMEs) access audit services, the Financial Reporting Council (FRC) has today published the first in its series of supporting materials to help SMEs to engage with the annual audit process effectively and confidently. The summary
Industry research has revealed that UK small and medium-sized enterprises (SMEs) are repaying debt at a rate 20 times higher than pre-pandemic levels, prompting a government review. Despite increased financial providers since 2008, the Department for Business and Trade (DBT) is concerned about
STV Group has reported a robust financial performance for 2024, with revenue climbing 12% to £188 million, up from £168.4m in 2023, and adjusted operating profit up 3% to £20.6m. The growth was driven by strategic acquisitions and strong advertising revenue linked to the Euros.
Educational charity and financial services professional body the CISI (Chartered Institute for Securities & Investment) is delighted to announce that Arlene Ewing Chartered FCSI has won the CISI Mentor of The Year award 2025. The CISI Mentor of The Year Award was launched to recognise and celebr
Lloyds Bank's top executives are set to receive substantial bonuses, despite the lender's recent financial results and ongoing branch closures. Chief executive Charlie Nunn will receive a £1.1m bonus, with finance boss William Chalmers set for £812,014, according to the bank's annual rep
Abrdn plc has announced the appointment of Siobhan Boylan as its new chief financial officer (CFO) and executive director, pending regulatory approval Ms Boylan, currently CFO of Coutts & Co and a non-executive director at Jupiter Fund Management plc, is expected to join the company during the s
The Cyber and Fraud Hub has helped hundreds of individuals protect themselves from financial loss since launching last July. The hub has assisted 228 people through its helpline and fraud triage service, been involved in £8 million worth of fraud investigations and recovered or prevented &poun
A new analysis reveals a concerning trend in Scotland's financial landscape, with 32% of households reporting no savings, significantly higher than the UK average of 23%. This disparity is widening, as figures from 2023 show Scotland's rate has increased while the rest of the UK has seen improvement
AAB has again retained its top spot in Scotland's financial adviser rankings with 34 deals, the latest Experian M&A report has revealed. The M&A Review (FY 2024) details that there were several notable deals announced in the final months of the year. HM Treasury continued to reduce its stake
