Search: financial focus

The recent introduction of Glasgow's low emission zone (LEZ) has had unexpected financial repercussions for both businesses and their employees, following a staggering 6,000 penalty charge notices in July, according to accountancy firm Azets. The rise in penalty charge notices linked to the new

Scotland's financial health has seen improvements in the past year, with particular emphasis on the country's growing fiscal balance, revealed in the latest Government Expenditure and Revenue Scotland (GERS) figures)

The University of Edinburgh's The Data Lab has unveiled a new AI-powered tool, 'Funding Finder', aimed at streamlining the process for businesses seeking financial backing across the UK. The tool aims to efficiently match businesses with the most suitable funding bodies, addressing the challenges of

Scottish businesses are bearing the weight of both the prolonged effects of the pandemic and the mounting financial challenges stemming from escalating interest rates, which have intensified debt costs. Business rescue and recovery specialist Begbies Traynor unveiled that there was a year-on-year su

Scots ramped up their investment contributions in the three months to June despite opening fewer ISA policies, according to new data from financial mutual Scottish Friendly. The value of new stocks and shares ISA savings jumped 16% in Q2 compared with the previous quarter, despite a 16% drop in the

Stuart McWilliams discusses the upcoming increases in UK visa fees, the impact on applicants and employers, and suggests strategies to minimise the financial burden of these changes. They say the only certain things in life are death and taxes, but most immigration lawyers will tell you that rising

Mackie's of Scotland has achieved record sales of more than £20 million in the last financial year. Over the past decade, the Aberdeenshire-based family-owned business more than doubled its ice cream sales, selling over 13.3 million litres in the financial year 2022-23 alone.

Richard Moriarty has been appointed as the new CEO of the Financial Reporting Council (FRC), set to commence his role in October. This announcement was made by minister Kevin Hollinrake on behalf of the Department of Business and Trade. Mr Moriarty will succeed Sir Jon Thompson, who has transitioned

Stewart Milne Group said today it will resume the process of selling the company after it delivered its best results for almost a decade. The housebuilding business was put up for sale in April last year when its founder and main shareholder Stewart Milne decided to retire after nearly half a c

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