Deloitte has appointed Allee Bonnard as its new UK managing partner for audit and assurance, marking the first time a woman has held this position in the firm's 179-year history. Ms Bonnard is a financial services audit partner and has over 20 years of asset management and private equity experience
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MHA has shared half-year results for the first time, with revenues reaching £99 million for the six months ended 30 September 2024. This represents a 32% increase from £75m in the same period last year. The accounting group said nearly all of its offices experienced significant double-di
Aberdeen-headquartered clean energy group D2Zero has secured a new £150 million lending facility from a group of banks. OakNorth, HSBC, NatWest and Virgin Money are among the lenders, as well as existing backer SCF Partners.
Dyce-headquartered drilling waste management company TWMA has reported its Q3 2024 results, with revenue of $18 million (c. £14.2m) and an EBITDA for continuing operations of $4.9m (c. £3.9m), marking a 23% increase compared to the same period in 2023.
Barclays has been fined £40 million by the Financial Conduct Authority (FCA) for failing to disclose payments made to Qatari investors during the 2008 financial crisis. The bank was due to challenge the FCA's decision in court but dropped the appeal at the last minute.
Milne Wealth Management founder Elaine Milne has spoken of her difficult journey from a housing scheme in Dundee to running a wealth management firm with hundreds of clients across the country. Ms Milne, originally from Dundee, and now based in Bristol, has worked in financial services for more than
Project management and integration company Camm-Pro has posted significant growth in 2024, with turnover having more than doubled to £18 million in the last financial year. Continuing to exceed expectations, the Aberdeenshire-headquartered firm says it is on track for a further 40% increase th
Overdue invoices have surged by 42.8% in October 2024, compared to the same period last year, equating to 600,588 unpaid invoices, according to R3. The insolvency and restructuring trade body's analysis of data provided by Creditsafe shows that this is the highest monthly total of 2024 so far, and a
Hospitality group Artfarm, the owner of the luxury Fife Arms Hotel in Braemar, has posted losses of more than £6.6 million last year. Newly published accounts for the company have revealed that pre-tax losses soared from £3.3m in 2022 to £6.6m in 2023.
EPM Solutions, an expert in engineering asset management, has announced its transition to an Employee Ownership Trust (EOT). Founded in 2002, EPM has built a strong reputation in providing expert professional services for an enviable blue-chip customer base who operate in asset intensive, industrial
Capital Credit Union (CCU) is celebrating a significant milestone, having facilitated over £1 million in green loans to support eco-friendly home upgrades for Scottish households. Since the launch of the initiative in September, hundreds of homeowners have been able to invest in renewable ener
Argentina is to scrap a law requiring the president to become the godparent of any couple's seventh son or seventh daughter. The bizarre 1974 law made international headlines a decade ago when then-president Cristina Fernández de Kirchner became godmother to a Jewish baby for the first time.
Glasgow-based AI chatbot and messaging technology company Konversable has raised £300,000 following a successful funding round. The round attracted investment from a broad range of UK and global high net worth business angels, with support provided by commercial law firm Davidson Chalmers Stew
RBS-owner NatWest Group has repurchased £1 billion worth of its shares from the UK government, further reducing the Treasury's stake in the bank from 14.2% to 11.4%. This marks a significant reduction in the Treasury's holding, which stood at approximately 38% in December 2023. The government
Zappaty, a secure file sharing and collaboration platform for SMEs, has appointed Stuart Montgomerie as chief strategy officer and advisor. Mr Montgomerie, who has a background in investment banking, brings extensive experience in strategic growth and business transformation from his executive roles
