Search: financial focus

Household bill arrears among StepChange Scotland clients have surged to an average of £5,193, according to the charity’s newly published 2024 Scotland in the Red report, marking a staggering 65% increase from £3,147 in 2023. Nearly seven in ten (68%) of those seeking help from Step

TrinityBridge, a wealth management firm with offices in Glasgow and Edinburgh, has welcomed Andrew Knight as client relationship director for Scotland. Mr Knight brings a wealth of experience to the role, having worked at TrinityBridge for the past 25 years. Serving as a financial planning director

Republican lawmakers are advancing plans to dismantle the Public Company Accounting Oversight Board (PCAOB), the independent US audit regulator created after the Enron scandal more than 20 years ago. The proposal, part of a broader deregulatory agenda linked to US President Donald Trump, was introdu

Financial distress among Scottish businesses rose significantly in the first quarter of 2025 compared to the previous year, though figures showed a slight improvement from the end of 2024, according Begbies Traynor. The Red Flag Alert data for Q1 2025, which provides a quarterly snapshot of the UK's

The Cumberland Building Society has announced that chief executive officer Des Moore will step aside from his role in summer 2026, after eight successful years with the organisation. Mr Moore was appointed in 2018 when The Cumberland was in need of a new strategic direction. With a strong appetite f

Dentons has named Kirsty McBirnie and Lorna Henderson as the firm's latest partners. Edinburgh-based Ms McBirnie and Glasgow-based Ms Henderson are both in Dentons' corporate lending & real estate finance practice. They will join the Dentons partnership on 1 May 2025.

Experienced commercial and banking lawyer Jamie Apted has joined Aberdein Considine as a partner in their Legal 500 Tier 1-ranked Lender Services team. Jamie, who will be based in the firm’s Caddell House offices on Glasgow’s Waterloo Street, joins from the London Metal Exchange, having

Gold prices surged to a new record high on Wednesday, breaking the $3,300 (c. £2,493) per ounce barrier.

The Scottish Government's recent commitment to raise the charity audit income threshold from £500,000 to £1 million marks a significant shift in the regulatory landscape for Scottish charities. This change, set to take effect with the introduction of new Charities Accounts (Scotland) Reg

The number of growing UK sectors held steady in March, according to the latest Bank of Scotland UK Sector Tracker. Compiled using exclusive PMI survey data from around 1,300 private sector companies (between 12-27 March), the report shows that four sectors saw output growth, the same number as in Fe

Accountancy firm Grant Thornton UK increased the average profit per partner by 6% to £682,000, as it reported strong financial performance for the year ending 31 December 2024. Net revenue climbed to £724 million, up from £654m the previous year, marking double-digit growth. Howeve

UK inflation fell to 2.6% in March, dropping from 2.8% in February and below City forecasts of 2.7%, intensifying pressure on the Bank of England to consider cutting interest rates at its meeting next month. The Office for National Statistics attributed the lower rate primarily to falling fuel

Alistair McAlinden and James Dewar from Interpath have been appointed joint provisional liquidators of St Giles Shopping Centre Holdings Ltd on 8 April 2025. The company was the operator of the St Giles Centre in Elgin, which is owned separately by a company which is not subject to insolvency.

Johnston Carmichael has relocated its Dundee operations to a larger office to accommodate growth and facilitate plans to double its local workforce. The firm has moved into a new 5,500 sq ft regional hub at the DundeeOne business centre. This is the second time the firm has moved as headcount h

Aberdeenshire shortbread maker Dean's of Huntly reported a rise in turnover to nearly £10.2 million for the year ending 30 June 2024, a 23% increase from the previous year's £8.3m.