Search: financial focus

The limit on a single contactless card payment could more than double from the current £45 limit to £100. Earlier this month, Scottish Financial News reported that UK banks were pushing the Treasury to increase the limit. Industry experts urged that raising the cap to £100 cou

Edinburgh-based technology startup Stellar Omada has recorded revenue of £10.2 million in the year to 31st December, quadrupling sales in its second financial year while growing headcount from 6 to 50 during 2020. The Colin Frame-founded tech group specialises in programme delivery, technology

Over £670,000 of additional support is being made available to Borders businesses suffering from the short-term financial impact of the COVID-19 pandemic. The Borders Discretionary Support Fund for Business is being made available to small businesses and the self-employed in the area who have

Edinburgh-based financial services training provider Redmill Advance has announced its new partnership with St. James’s Place Wealth Management in the provision of its blended learning solutions across the group. Redmill Advance will be responsible for delivering its Diploma in Regulated

A team from Grant Thornton Corporate Finance in Scotland has advised the founders of fast-growing Glasgow-based fintech company HubSolv on its sale to Aryza, a leading international software and data services player to the financial services sector. HubSolv was established in 2014, by school friends

The latest Financial Conditions Index released by audit firm RSM has indicated signs of cautious optimism emerging for the year ahead. But whilst the Trade and Cooperation Agreement with the EU has been largely welcomed by middle market businesses, RSM says the absence of clarity around key issues i

Law firm Morton Fraser has launched a new payment model as part of its commercial litigation practice to enable businesses to pursue disputes without significant financial risk. Total annual losses to small businesses from legal problems are estimated at £40 billion, with over one million indi

Edinburgh-based financial services training provider Redmill Advance has acquired AKORN Education as it welcomes Angelo Kornecki as its new technical director. AKORN Education is a financial services education and training specialist. The acquisition of this team of teaching and financial services p

Audit, tax and consulting firm RSM has strengthened its Aberdeen office with four key appointments in tax and financial reporting - bringing wider expertise to the team. Andrew Good has joined RSM as an associate director in the tax team; while Scott Allan joins as a corporate tax manager. In additi

North sea oil firm Ithaca Energy has appointed David Crawford as its chief financial officer. Mr Crawford is taking over the role from his predecessor Mr Graham Forbes who will be leaving Ithaca, effective 1 February 2021.

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