Search: financial focus

While businesses in Scotland and across the UK saw signs of early financial distress plateauing in the first quarter of 2022, Ken Pattullo, who leads independent business rescue and recovery specialist Begbies Traynor in Scotland, is warning businesses to batten down the hatches in the face of globa

The Executive Counsel of the Financial Reporting Council (FRC) has imposed sanctions against Deloitte and John Charlton, one of the firm's audit engagement partners, in relation to the statutory audit of the financial statements of Mitie Group plc, for the financial year ended 31 March 2016. Deloitt

Stephen McGee has taken over as chief executive of financial mutual Scottish Friendly following regulatory approval. McGee will replace acting CEO Martin Pringle, who has temporarily been in charge of the business since the passing of Jim Galbraith in April 2021.

BDO LLP has been confirmed as the latest occupier at BAM TCP Atlantic Square Limited’s 2 Atlantic Square, located on York Street in Glasgow’s International Financial Services District.

The Scottish Building Society, the world’s oldest remaining building society, has posted record results for the financial year ended 31 January 2022. Established in 1848, the mutual has seen its balance sheet grow by nearly 40% in the last two years, leading to a pre-tax profit of £2.4 m

Aberdeen-headquartered developer and operator of environmental technology solutions SEM has announced the appointment of Adrian Morley as its new chief financial officer (CFO), as the business is poised for significant global growth. Adrian Morley will play a critical role in ensuring that the busin

Glasgow-based fintech Guiide has appointed Michael Power, former CEO of Delta Financial Systems Ltd, as its new non-executive chairman. Having previously founded, grown, and scaled up Delta Financial Systems from a startup to its sale in 2020 to ASX-listed Bravura Solutions, Mr Power's expertise in

The abrdn Charitable Foundation (aCF) and UNESCO have today announced a three-year partnership to promote environmental sustainability through research and education with the goal of developing innovative solutions to environmental problems. As the first financial services company to enter into a pa

Edinburgh-based Smart Data Foundry, a financial data collection organisation, has appointed Frank Gauld as its new CEO. Bringing a wealth of global Financial Services and FinTech experience, Frank Gauld will drive the strategic direction of the organisation tasked with spearheading safe data sh

Wealth manager Brewin Dolphin has won the Citywire Adviser Choice award for the Scotland and Northern Ireland regions. The awards recognise the exemplary service provided by wealth management companies to financial advisers and is voted for by advisers across various categories, including value for

New data from financial mutual Scottish Friendly has revealed investment by female customers into newly opened stocks and shares ISA policies reached its highest than in any quarter since the start of the global pandemic. The Scottish Friendly Investor Index tracks sales of adult investment ISA poli

The Scottish Conservatives have revealed plans for an ‘Open the Books Bill’ to increase the financial transparency of the Scottish Government.

The number of reports to the Financial Conduct Authority (FCA) of alleged cryptocurrency scams has more than doubled in the last year. According to a Freedom of Information request, the FCA received 6,372 alerts about suspected crypto frauds in 2021, an increase from the 3,143 reported in 2020.

Douglas Grant, managing director of Conister, CEO at Manx Financial Group PLC, discusses why the UK Government must significantly reduce their leveraging of SMEs. As the successful vaccination and booster rollout continues in the UK and with restrictions subsiding, you would be forgiven for thinking

The Bank of England has launched a consultation on whether to scrap affordability rules for mortgage lending. In 2014, the bank's Financial Policy Committee (FPC) introduced two Recommendations to guard against a loosening in mortgage underwriting standards and a material increase in household indeb