Search: financial focus

Aberdeenshire-based engineering firm Brimmond has posted a 74% increase in turnover for 2023-24, reaching £11.4 million – surpassing its forecast of £10m. A number of high-value contract wins across multiple sectors have contributed to this exceptional financial position:

Scottish accounting advisory, audit and tax firm Wbg has opened an office in Aberdeen and appointed a new corporate finance team. Tom Faichnie joins as partner, head of diligence & transactions, and Melanie Clark joins as corporate finance partner – with both based at the firm’s new

Scotland's Land & Buildings Transaction Tax hits record high as more homes cross tax threshold, writes property expert Dr John Boyle. Rettie has just completed our annual review of Scotland’s property tax (Land & Buildings Transaction Tax, or LBTT). A dry subject, but one most home buy

Armstrong Watson has welcomed a record 37 graduate trainees this year.

Tax expert Stuart Petrie discusses the heightened scrutiny and increased enforcement efforts by HM Revenue and Customs (HMRC), emphasising the importance of taking any enquiries seriously, the methods used for tax recovery, and the benefits of voluntary disclosures to mitigate penalties and liabilit

Banks and building societies will need to weigh up if local communities lack access to cash services, like branches and ATMs, and plug significant gaps, under new rules announced today by the Financial Conduct Authority (FCA).

FinTech Scotland has announced the launch of the 7th Annual FinTech Scotland Festival, running from 25 September 25 to 4 October 2024. This year's festival promises to bring together the dynamic and collaborative Scottish fintech community, showcasing its growth, innovation, and energy. Attendees wi

Tata Steel’s business support subsidiary, UKSE, has appointed Marc Davey as regional executive, strengthening its investment team in Scotland. Mr Davey brings a wealth of business advisory experience, joining UKSE from Business Gateway West Lothian, where he worked with clients across sectors

Frasers Group, led by Mike Ashley, saw its shares surge by nearly 10% after posting annual profit growth close to the top end of guidance.

Members of a local authority pension fund have lost six-figure sums after accepting costly mis-advice recommending the transferring away of final salary pensions. Originally held with the Tayside Pension Fund, these inflation-proofed pensions come with benefits and guarantees that are lost imme

Investor research from Lismore Real Estate Advisors has revealed that 90% of investors would consider investing in Edinburgh over the second half of 2024.

Armstrong Watson has become the first accounting firm in the UK to sign up as a member of The Institute of Customer Service. The growing accountants, business and financial advisory firm, which has 19 offices across Scotland and the North of England, is aiming to be recognised as "the best financial

Highlands and Islands Enterprise (HIE) has reported a strong year of investment and job creation, with over 1,200 jobs set to be created or retained in the region, including 82 jobs in fragile areas. The outturns for 2023/24 were achieved through a combination of financial and non-financial interven

Begbies Traynor Group has reported its tenth consecutive year of growth, boosted by both a surge in small business insolvencies and a promising outlook for the property sector. The firm posted a pretax profit of £22 million for the year ended 30 April 2024, up from £20.7m the previo

A new survey by HSBC UK reveals Scots are more confident about their debt management knowledge than the rest of the UK, as 72% of Scottish respondents understand debt consolidation, exceeding the UK average. In Glasgow, this figure rises to 76%, demonstrating a strong awareness of financial options.