Search: financial focus

Aberdeen-headquartered corporate finance firm Quantify Advisors has appointed Ryan Clark as a new corporate finance manager as it marks its second anniversary in business. Mr Clark joins the independent firm after eight years at Deloitte, where he worked as an Assistant Manager and subsequently as m

The Bank of England (BoE) is facing mounting pressure from economists to scale back its quantitative tightening (QT) programme, with critics warning that the costly approach is exacerbating the UK's borrowing costs and straining public finances at an already precarious moment. The fresh wave of scru

Azets has appointed Matt Garside as debt advisory director for Scotland. Based in the firm's Edinburgh office, Mr Garside will support Scottish businesses seeking commercial, strategic finance packages, including invoice financing, asset-based lending and raising new or additional finance.

Aberdeen-based engineering specialist Brimmond has announced the promotion of Craig Yeoman to finance director, alongside his appointment to the company’s board of directors, as the business celebrates its 30th anniversary year. Mr Yeoman joined Brimmond in May 2024 as head of finance and has

The collapse of Glasgow-based Hydrogen Vehicle Systems Ltd (HVS) into administration has culminated in a pre-pack sale of the business, a move designed to salvage the company’s intellectual property but one that has resulted in significant job losses. The Scottish truck manufacturer, which onc

Barclays shares fell more than 3% in early trading on Tuesday despite the banking group posting a solid set of first-quarter results, as a record-breaking performance from its investment bank was partly overshadowed by a £228 million hit from the collapse of mortgage lender Market Financial So

Macdonald Henderson has advised Paper Shredding Services (PSS), a Glasgow-based provider of secure, compliant collection and destruction services on its disposal to Restore Datashred, the UK data management and recycling services group. PSS serves clients throughout Scotland across public and privat

A banker who stole almost a quarter of a million pounds from business clients has been sentenced. Stuart Holloway, 49, was a relationship manager with the Royal Bank of Scotland’s specialist Global Restructuring Group which aimed to support companies facing financial difficulties.

James Dewar and Alistair McAlinden from Interpath have been appointed joint provisional liquidators to Alexander Oastler Ltd on 21 April 2026. Based in Dundee and trading as Oastler Ltd, the company offers a range of joinery services for both residential and commercial customers, including renovatio

Aberdeen Group reported a fall in assets under management and administration (AUMA) to £547.7 billion in Q1 2026, as net outflows of £2.9bn, market turbulence and a business disposal weighed on the group, though strong growth at its interactive investor platform provided a bright spot. G

Edinburgh-headquartered Hampden Bank has broken through the £1 billion deposits milestone, with client deposits rising 13% to £1.12bn in the financial year to 31 December 2025. Loans and advances also grew, climbing more than 9% to £640 million, whilst total income increased to &po

The AA has been fined £4.2 million and ordered to repay £760,000 to customers after the competition regulator found its driving schools engaged in “drip pricing”. The Competition and Markets Authority concluded that more than 80,000 learner drivers booking lessons through AA

Gilson Gray has opened a new office at 14 Rutland Square, joining its existing city centre locations at 6, 25 and 29 Rutland Square. The firm has reported strong financial results, with turnover rising from £32 million in FY2023-24 to £40m in FY2024-25 and FY2025-26 previously forecast t

Glasgow City Council is owed nearly £89 million in unpaid business rates, a figure that has grown sharply in recent years. The figures, obtained through a Freedom of Information request by The Herald, show the council has billed £1.4 billion in non-domestic rates, or business rates, acro

Barratt Redrow has reported a “solid” third quarter, with resilient private reservation rates and a strengthened forward‑sales position helping the housebuilder stay on track to meet full‑year expectations.