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.
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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
Peter Shand explores the latest trend of the super-wealthy setting up finance and legal offices to deal with their affairs. Scotland’s financial ecosystem is changing and one of the latest drivers could be the increase in the number of official ‘family offices’ being set up.
Hugh Carr has been appointed to Berwickshire Housing Association's (BHA) board of trustees. Mr Carr is a chartered accountant and after an early career in audit and financial management in the private sector and the NHS, he has worked in and around Scottish housing associations since 1995, as a fina
In the wake of the COVID-19 pandemic, 26% of UK consumers say they are not confident about their financial situation, according to a Chartered Institute for Securities & Investment (CISI) survey.
The Financial Conduct Authority (FCA) has urged Google to clamp down on adverts for online financial scams.
Glasgow-based technology firm Exizent has secured £3.6 million in funding from several investors including FNZ to transform the way the legal and financial services industry deals with bereavement. Exizent is building the first-ever platform that connects data, services and the network of peop
