Search: financial focus

A major innovation programme has helped manufacturers across Scotland reduce energy costs by 28% and cut carbon emissions by approximately 30% by making better use of their data. The Data Lab, Scotland’s centre for data and artificial intelligence, played a key role in delivering the £53

UAE-based suitor Sidara is considering a cut to its takeover price for Wood Group, citing concerns over the Aberdeen-headquartered engineering firm’s ongoing investigation by the Financial Conduct Authority (FCA).

There is growing demand amongst Scottish parents for a shake-up of the Junior ISA (JISA) rules to allow members of the child’s extended family to open accounts for children, according to new research from Scottish Friendly. Under the current rules, only parents or legal guardians can open a JI

Accounting and business advisory firm MHA's Michael Reid has been appointed as liquidator for charity Mental Health Aberdeen. The north-east mental health charity has ceased operations with immediate effect after more than 75 years of service, citing insurmountable financial pressures and soaring de

Microsoft has signed a 12-year deal estimated to be worth over $1.7 billion (c. £1.25bn) with the carbon removal firm Vaulted Deep to dispose of 4.9 million metric tonnes of waste by using a material sourced from manure, sewage, and agricultural byproducts. Vaulted Deep’s technique is un

Global business process services (BPS) provider Firstsource Solutions has signed an agreement to acquire Glasgow-based Pastdue Credit Solutions, a Glasgow-based debt collection agency.

Shepherd and Wedderburn has reported a 10% increase in turnover to £78.3 million and a 20 per cent rise in net profits to £36.1m for the year ending 30 April 2025. Andrew Blain, managing partner, said: “I am pleased we have delivered another year of strong growth. Our performance r

Henderson Loggie has joined the Cyber and Fraud Centre Scotland to strengthen the firm’s cyber resilience amid growing digital threats to the professional services sector. The strategic partnership gives the accountancy firm direct access to national cyber experts, real-time threat intelligenc

Following a BBC Panorama investigation, Paul Hilton highlights the ethical advantages of working with solicitor estate agents in Scotland. A Panorama investigation south of the border revealed unscrupulous practices by some estate agents in England, raising serious concerns for home buyers and selle

Finlay Scott has been appointed as a member of the Forth Valley NHS Board, the Cabinet Secretary for Health and Social Care, Neil Gray MSP, has announced. Mr Scott brings extensive experience from a long career in financial services, working at Bank of Scotland, HBOS, and latterly serving as head of

The Insolvency Service has announced plans to play a more prominent role in the fight against economic crime and be recognised as the UK’s leading authority in enforcing corporate and insolvency standards. Its new strategy commits the agency to broadening its remit, taking "robust" action agai

Chancellor Rachel Reeves has postponed proposed reductions to the tax-efficient cash ISA savings limit following concerted lobbying from banks, building societies, and consumer advocates. The UK government had been anticipated to reveal a significant cut to the current £20,000 annual allowance

DVCP, a UK-based professional services firm founded by two Scots, has been acquired by the global change and transformation consultancy, CubeMatch. CubeMatch, which serves a number of blue-chip clients in the banking and financial services industry, has secured an initial shareholding in DVCP, with

Aberdeenshire-based Kirkwood Homes has blamed higher interest rates for a £4.4 million loss in its most recent accounts. The housebuilder recorded a pre-tax loss of £4.4 million for the financial year ending 30 June 2024, having reported a £1.6m profit in the previous year.

Aberdeen-headquartered corporate finance firm Quantify Advisors is targeting further expansion after a successful first year of operations. Fronted by seasoned corporate finance professionals, Tom Faichnie and Melanie Clark CA, Quantify has already advised on 14 completed deals with a cumulative dea