Search: financial focus

Ashtead Technology, which has facilities in Aberdeen and Inverurie, has appointed a chief financial officer (CFO) and five managers for newly created roles across its international team. Ingrid Stewart assumed the new CFO position this week, bringing 23 years of corporate finance experience to the A

Proposed powers that would let HMRC force financial institutions to provide information regarding people's assets without their approval are "flawed", a House of Lords committee has said. In a new report, the Economics Affairs Committee criticised a proposal in the Finance Bill, which will beco

Scottish mid-market business leaders are bullish about the impact of Brexit, according to new research from business and financial adviser Grant Thornton UK LLP. The company's research finds that roughly a quarter (24%) of Scottish mid-market business leaders do not expect Brexit to have any impact

A further £3.1 million has been cut from the tax bill owed by the firm which formerly owned Rangers Football Club. Sources in the financial sector told The Times that it appeared the bill was likely to be reduced further as liquidators said they were having “positive discussions” w

A further £3.1 million has been cut from the tax bill owed by the firm which formerly owned Rangers Football Club. Sources in the financial sector told The Times that it appeared the bill was likely to be reduced further as liquidators said they were having “positive discussions” w

Scottish Enterprise (SE) has announced plans to approve large grant funding of up to £0.5 billion for up to 160 new company projects before the end of the financial year.

Supermarket giant Tesco has announced that it will repay the £585 million of business rates relief received in respect of the COVID-19 pandemic. Tesco has said that it is 'immensely grateful' for the financial and policy support provided to it by the governments of the UK. It said the support

The impact of the coronavirus pandemic on the global economy has shifted investor priorities and is expected to have a significant impact on UK Financial Services Firms’ investment plans over the coming year, according to EY’s latest UK Attractiveness analysis for financial services.

Construction materials group Breedon has announced that James Brotherton will join the executive management team as chief financial officer (CFO) designate on January 1. Mr Brotherton was CFO of Tyman Plc between 2010 and 2019, prior to which he was director of corporate development for five years,

Glasgow-based video technology platform specialist Ordo has experienced high client demand for its product range since the beginning of the COVID-19 pandemic, with the company on track to more than double revenue to around £3 million in the current financial year. Odro, which provides a comple

Steve McCullough, business development and marketing director at Armstrong Watson LLP, Accountants, Business and Financial Advisors, has been promoted to the role of partner. This marks the first time anyone from the business development and marketing team has been promoted to this senior level in t

A £30 million package of funding from the Scottish Government is being made available to local authorities to support people facing financial hardship as a result of coronavirus, including money to provide free school meals over the school holidays. Local authorities will be given flexibility

An innovative new system developed by Edinburgh-based Hearing Diagnostics Limited that has the potential to revolutionise hearing tests globally has received £715,000 of financial backing from Archangels. The investment will enable its hearing test system to undergo trials with universiti

More than 350,000 families in Scotland have fallen behind on council tax payments during the coronavirus lockdown period. For the first six months of the financial year, local authorities in Scotland have missed out on £100 million of revenue.

Audit, tax and consulting firm RSM has expanded its Scottish team as Irina Cheburdanidze, associate director of financial reporting, moves to join the Edinburgh office. Ms Cheburdanidze joins from RSM Leeds where she has worked since 2014 and has more than 14 years’ experience supporting clien