Search: financial focus

Invizius, the University of Edinburgh spin-out which is developing potentially lifesaving products for dialysis patients, has announced the appointment of James Robson as its chief financial officer.

The economic picture in Scotland is looking more encouraging, with instances of ‘critical’ financial distress showing a marked decrease in the final quarter of 2019 compared with the same period the previous year – the first year on year fall in nine months. The latest Red Flag Ale

Clydesdale Bank owner Virgin Money has begun its search for a new chairman after Dundee-born financial services veteran Jim Pettigrew announced his plans to retire by September 2021. The Glasgow-based group said that the board has initiated a search process to allow time to identify his successor an

Loan payments are now being issued to provide financial support to hill farmers and crofters in some of Scotland’s most remote and marginalised areas, the Scottish Government has announced. Under the first tranche of the Less Favoured Area Support Loan Scheme payments, more than 7,500 eligible

Martin Johnston has joined Armstrong Watson LLP, Accountants, Business and Financial Advisers’ Glasgow team as audit and assurance director. Mr Johnston was latterly a senior manager at KPMG, having previously worked for both EY and PKF (now part of BDO) earlier in his career. He has extensive

Edinburgh-based IndigoVision has seen a 9% rise in sales reaching $50.1 million for the financial year ended 31 December 2019. IndigoVision is a leader in the design and supply of high performance, highly-intelligent video security systems for security installations of differing sizes and complexity

The Scottish Government’s Building Scotland Fund (BSF) has topped £100 million of financial support for housing, regeneration and industrial and commercial developments throughout the country. (from left) Tim Griffin, Michael Laird Associates; Cameron Cook, Amber Infrastructure; Derek Ma

Glasgow-based retail promotions company SpaceandPeople has appointed finance chief Graham Bird as non-executive director. Mr Bird was recently appointed chief financial officer of Escape Hunt Plc, a global provider of 'escape room' experiences. He previously led the Strategic Public Equity Strategy

The Financial Reporting Council (FRC) has announced that it will investigate EY's audit of Thomas Cook's financial statements for the year ended 20th September 2017. On 1 October 2019, the FRC announced the opening of an investigation into the audit of the financial statements of Thomas Cook for the

Former England and Newcastle United football player Alan Shearer has won a £100,000 settlement after initiating legal proceedings with his former financial adviser who cost him "millions" through "negligent" pensions advice. Mr Shearer agreed the settlement with Kevin Neal after he b

Most of Scotland’s 32 councils are increasingly relying on money from reserves to keep up with demand for services and balance their budgets, with financial pressures likely to get worse, according to the Accounts Commission. A report today from the local government watchdog found that while d

The Financial Reporting Council (FRC) is planning a drastic change to rules governing company boards which will place more responsibility on directors to vouch for the integrity of their financial controls. The changes arrive in response to the scandals at Carillion, Patisserie Valerie, M&C Saat

Smith & Williamson, the financial and professional services firm, has announced its interim results for the first six months of the 2019/20 financial year, which has been a period of strong growth and continuing investment in the Group’s infrastructure. The company's operating income incre

The Data Lab, Scotland’s innovation centre for data science and artificial intelligence (AI), has appointed two financial figures to its governance board. The appointments come after The Data Lab recently announced its selection by the Scottish Government to lead on co-ordinating a new nationw

The Financial Reporting Council (FRC) has announced sanctions against Grant Thornton UK LLP. The sanctions are held against Grant Thornton and one of its Audit Engagement Partners in relation to the statutory audit of the 2016 financial statements of a publicly listed company.