Search: financial focus

Aberdeen-based public transport provider FirstGroup PLC announced that its overall trading performance for the financial year to date aligns with expectations previously outlined in June.

Business and financial adviser Grant Thornton UK LLP has migrated its Edinburgh office to a new state-of-the-art workspace located on the fifth floor of 7 Castle Street. With 4,200 sq ft at the refurbished 11,983 sq ft Grade A office building, the new space provides the Scottish team with a sustaina

The a new study has revealed that two fifths of Scottish fintech firms foresee potential failure by the end of 2023, fuelled by inflation and interest rate challenges. The research by FRP Advisory shows that unease is most significant within the financial technology hubs of Edinburgh and Glasgow, wh

OakNorth Bank, the entrepreneurial neobank, has recently extended its operations into Scotland, setting up a new office on Glasgow's George Square, and has appointed a new senior director of debt finance and associate debt finance director. Recognised for its unique approach to lending, the bank has

Edinburgh-based Apex Hotels has expanded its portfolio by venturing into rural markets with the acquisition of the Pine Trees Hotel in Pitlochry. The deal, the financial details of which remain undisclosed, marks the first step in Apex's strategy to diversify into popular UK destinations. The family

Richard Adam, who served as group finance director for Carillion plc from 2007 to 2016, has been disqualified for a period of 12.5 years.

Barratt Developments has said it anticipates a 15% drop in profits this year amid a sharp decline in demand for homes, particularly from first-time buyers. In a trading statement, the homebuilder said adjusted profit before tax is "anticipated to be in line with current market expectations", which i

Tax expert Adrian Johnston discusses the recent increase in interest rates on late tax payments by the HMRC, its potential impact on businesses and individuals, and the possible solutions like the 'Time To Pay' service that allows for customised payment plans based on individual financial circumstan

Infinityblu Dental Care and Implant Clinic, a Perthshire-based dental group founded by Chris Barrowman, has invested £600,000 to acquire two new practices. The recent acquisitions in Auchtermuchty and Galashiels increase the group's portfolio to 11 practices nationwide. The firm has also shown

Loganair has announced it will be stopping its Dundee to Belfast route later this year, after low passenger numbers made the offering financially unsustainable.

Business support organisation Stirling Enterprise Park (STEP) has appointed Traci Titterington as its new rural business adviser, in a move to bolster the rural business sector in Stirling, which comprises 47% of the region's business community. Ms Titterington brings a wealth of experience in retai

FA Simms & Partners has been appointed as liquidators of Arbroath-based ATM manufacturer ATMRC. The family-run business was established in 2007 and just last year acquired Dougal Walker Electrical Contractors. Its services include designing, building and installing ATMs, refurbishing and recycli

Meander Apparel – a sustainable outdoor clothing and lifestyle brand with its flagship stores in Stockbridge, Edinburgh and Seven Dials, London – has secured funding from the British Business Bank as it gears up for the launch of its crowdfunding campaign later this month. Co-founders Ji

Michael Reid, managing partner at Meston Reid & Co, discusses the intricacies of bounce-back loans. In May 2020, the bounce-back loan initiative was introduced by the UK government which provided loans of between £2,000 and £50,000. The application limit was a maximum of 25% of annua

Just Enterprise, a collective of 11 Scottish social enterprise support organisations, has received a £4.75 million grant from the Scottish Government to help bolster financial resilience and growth within the social enterprise sector The four-year initiative will provide early stage social ent