Search: financial focus

Aberdeen-headquartered global energy services company Wood Group appointed Arvind Balan as its new chief financial officer and executive director, effective from mid-April 2024. Mr Balan's financial acumen, honed through his recent tenure as CFO of Rolls-Royce’s Civil Aerospace division &ndash

The Weir Group PLC, headquartered in Glasgow, has appointed Brian Puffer as its new chief financial officer and executive director, joining the board by 1 April 2024. Mr Puffer, who is currently serving as chief financial and risk officer at BP plc Integrated Supply and Trading, brings over three de

The Scottish Professional Football League (SPFL) has reported a record-breaking financial year, with a turnover surge of 6% to £41.9 million, the highest in the league's history.

The Financial Conduct Authority (FCA) has fined Equifax Ltd more than £11 million for failing to manage and monitor the security of UK consumer data it had outsourced to its parent company based in the US.

Independent chartered financial planning firm AAB Wealth has been awarded the 'Chartered Financial Planning Firm of the Year' award at the Personal Finance Society Awards 2023/24. Head of AAB Wealth, Andrew Dines, chartered financial planner, Ian Campbell, and head of operations and compliance, Vikk

In light of proposed changes by the Prime Minister, financial planning expert Rhian Morgan delves into the details of the nil-rate bands in the context of inheritance tax. With the Prime Minister proposing changes to inheritance tax and potentially looking at the possibility of abolishing it complet

The financial year has gotten off to a good start for the Highlands and Islands region and has a promising outlook for inward investment. Vicky Grant, the Highlands and Islands Enterprise’s (HIE) head of international trade and investment, highlighted in her recent blog that this year has alre

Scottish Financial Enterprise (SFE) and Standard Life, a division of Phoenix Group, have introduced a report aimed at initiating coordinated action to address customer vulnerability in Scotland's financial services sector. Calling for a sector-wide charter for vulnerable customers to be established,

As the pandemic’s aftershocks reverberate through the financial ecosystem, insolvency law specialists are bracing for an overwhelming influx of fraud-based legal cases, writes Alan Munro. The pandemic required the government to provide fast and extensive support to keep businesses and ind

Elgin-based housebuilder Springfield Properties has seen its share price take a hit after it suspended its dividend payments amid significant financial and housing market challenges. Despite having delivered the firm's "highest level of annual completions and revenue", with total revenue growing 29%

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.