Search: financial focus

Highlands and Islands Airports Limited (HIAL) has witnessed a positive recovery in passenger numbers, approaching pre-pandemic levels. For the first quarter of the 2023/24 financial year, the group reported a robust 10.4% increase year-on-year. Between April and June 2023, 425,222 passengers travell

Scottish Gas Networks (SGN) has confirmed the appointment of Simon Kilonback as its new chief financial officer. Mr Kilonback has over 25 years' experience in senior finance roles, notably in infrastructure and utility businesses. He spent five years as Transport for London's CFO, during which he wa

Scottish Dental Care has appointed Donna McBurnie as its new finance director. Ms McBurnie, with over two decades of experience in financial roles across various sectors, including drinks retail, hospitality, and banking, brings a wealth of expertise in financial analysis, budgeting, and risk manage

Carlisle-based accountants, business and financial advisers firm Armstrong Watson, with offices in Dumfries and Glasgow, has been recognised amongst the UK’s most outstanding apprenticeship employers for the second year in a row. The Department for Education ranks the firm 46th this year, impr

Scottish housebuilder Springfield Properties has confirmed the appointment of Iain Logan as the company's chief financial officer. He has been serving as interim CFO since March 2023, bringing experience from his previous roles as finance director and group financial controller within the company.

Alyson Donaldson has been named group chief financial officer (CFO) at the Donaldson Group, independent supplier to the timber and construction industry. Hailing from her previous role as the UK & ROI CFO at global veterinary care company IVC Evidensia, Ms Donaldson's key responsibilities includ

In its annual inspection, the Financial Reporting Council (FRC) noted an improvement in the audit quality of the UK's largest firms, including BDO, Deloitte, EY, Grant Thornton, KPMG, Mazars, and PwC. The FRC reported that 77% of the audits inspected were of high quality or required limited refineme

Loch Lomond Distillers has reported a significant financial upswing with a 20% increase in annual turnover, surpassing the £100 million threshold for the first time.

The Financial Reporting Council (FRC) has imposed fines totalling £5.01 million on PwC and KPMG for audit failings in relation to Eddie Stobart Logistics (ESL), a logistics company listed on the Alternative Investment Market.

The Scottish Government has established a Tax Advisory Group to deliver strategic advice on the tax system as part of its Medium-Term Financial Strategy. This move is aligned with a recommendation from the New Deal for Business. The newly-formed group consists of leading economists, academics, and r

In a recent panel event organised by the Scottish Financial Enterprise (SFE), senior executives from Encompass Corporation, Capgemini, and abrdn advocated for stronger diversity and inclusion strategies within the workplace, especially in the FinTech sector. These leaders, consisting of Ashton Montg

HMRC has levied fines on 184,000 individuals earning less than £12,570 annually for failing to file self-assessment tax forms in a timely manner, during the 2020-21 financial year. This income level exempts people from income tax, yet over 180,000 low-income individuals were penalised despite

New data from financial mutual Scottish Friendly has revealed the number of newly opened stocks and shares ISA policies dipped -7% in Q1 2023 compared with Q4 2022. Meanwhile, the value of those new policies also dipped -6% over the same period.

Scottish intellectual property firm Lawrie has reported growth of 12% this year and projected total sales of around £3.5 million for the upcoming financial year. Growth areas for the patent and trade mark attorney firm has primarily come from increased trade mark work and patent filings i

Accountancy, business and financial advisory firm Armstrong Watson has promoted Martin Johnston to audit and assurance partner. Mr Johnston, who initially joined the firm's Glasgow team in 2020 as an audit and assurance director, has been instrumental in augmenting Armstrong Watson's business p