Search: financial focus

Scotland’s care homes sector is facing an uncertain future due to mounting financial and operational pressures, including shortfalls in local authority funding, with further closures and a contraction in capacity likely, an insolvency expert is warning. Around 1,050 care homes in Scotland with

Research into the relationship between financial vulnerability and mental health, and the development of a portable system for monitoring hormonal fluctuations, are among the latest projects to have been backed by a national inward investment fund. The announcement coincides with the opening of a ne

The Institute of Chartered Accountants of Scotland (ICAS) highlights key concerns in response to the Financial Reporting Council’s draft revised UK Corporate Governance Code, and calls for any changes to support wider government objectives to grow the economy. The institute also wants to see e

Land property search firm Millar & Bryce has formed a partnership with Armalytix, a data intelligence firm that allows the safe sharing of financial insights. With source of funds and share of wealth checks both a mandatory requirement, this partnership will allow Millar & Bryce’s

The Financial Conduct Authority (FCA) has announced it will give some cryptoasset firms extra time to comply with new marketing regulations slated to take effect on 8 October 2023.

Amidst rising costs of living, a new survey by Scottish Building Society has revealed that 85% of Scots have experienced a direct financial impact over the past year. The study, which polled 1,002 savers in Scotland, indicates that inflation across energy, food, and household bills, coupled with flu

In a drive to attract international investment, Scottish Financial Enterprise (SFE) has unveiled its new promotional initiative 'From Scotland to the World'. The ‘From Scotland to the World’ campaign was launched at the Scottish Parliament yesterday and comes as Scotland was once again n

The Financial Conduct Authority (FCA) has initiated an assessment of nine firms, particularly concerning their savings products, in light of mounting concerns over unjust savings deals.

The proposed reform of the UK's auditors has been delayed again, prolonging the uncertainty the industry has dealt with for the past four years. Since 2019, the Financial Reporting Council (FRC) has been poised to transform into the Audit, Reporting and Governance Authority (Arga). This new body, en

Sandy Begbie, chief executive of Scottish Financial Enterprise (SFE), has been appointed to Scottish Labour's new expert independent advisory board for economic growth. Anas Sarwar today unveiled the new board which has been tasked with providing "completely impartial" advice to the Scottish Labour

Scottish law firm Burness Paull has reported its results for the financial year ended 31 July 2023. Annual turnover was up six per cent to £83.2 million (2021/2022: £78.6m) and profit was £35.5m (2021/2022: £35.7m).

The rise in reliance on familial financial support in the UK housing market has hit record levels, with new research revealing that the so-called 'Bank of Family' is anticipated to facilitate over 318,000 property transactions with support worth around £8.1 billion in 2023.

K3 Capital Group was the most prolific financial adviser in the Scottish M&A market in the first half of 2023, according to the latest Experian MarketIQ report. The professional services group maintained its leading position after advising on nine transactions over the period, during which there

Rangers Football Club has appointed James Taylor as the club’s chief finance officer from 1 September. Mr Taylor brings almost 20 years of financial experience to the club from a career spanning the financial services, technology, and hospitality sectors.

PwC UK has posted its financial performance for the last fiscal year, showing a rise in consolidated revenue by 16% to £5.8 billion. In line with their commitment to emerging technology, the company has decided to invest an additional £100 million in state-of-the-art technologies like AI