Leading figures from some of the world’s biggest financial, tech and energy organisations are to gather in Scotland for a new festival focused on the future of finance. More than 2,500 delegates are due to attend the inaugural Edinburgh Finance Festival, running from September 15 to 26, which
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Highlands and Islands Enterprise (HIE) has delivered a strong performance for the 2024/25 financial year, meeting or exceeding 18 of its 20 key targets. Preliminary figures, which are subject to review by Audit Scotland before publication of HIE’s annual report in November, show the developmen
Edinburgh-headquartered Aveni.ai, specialists in AI for financial services, has been selected by Advanta Wealth, a nationwide chartered wealth management business to enhance adviser customer service and reduce administrative time. The business has adopted Aveni Assist across its team of advisers as
John Graham Holdings Limited, holding company of construction firm GRAHAM, has announced a successful financial year, marked by a significant 71% increase in profit before tax to £25.2 million, up from £14.8m, for the year ending 31 March 2025. This strong performance came despite a mode
Scottish garden centre chain Klondyke Group achieved a 5.2% rise in turnover to £78 million in the financial year ending 30 September.
New figures from the Financial Conduct Authority (FCA) have indicated a positive step towards greater financial inclusion in Scotland, with a reduction in the number of adults lacking a bank account. Data shows the percentage of Scots without a bank account has fallen from 3% to 2%. It could equate
ACCA (the Association of Chartered Certified Accountants) has called on the UK regulator to ensure that audit requirements for SMEs are proportionate, aligning with prevailing international standards. Responding to a consultation from the UK corporate governance regulator the Financial Reporting Cou
Chief Financial Officers (CFOs) of the UK's largest companies are increasingly adopting defensive business strategies, reaching levels not seen since the early stages of the pandemic, according to Deloitte. The Big Four firm's latest survey of UK chief financial officers (CFOs) closed on 31 March &n
The Financial Conduct Authority (FCA) is exploring potential changes to contactless payment limits in the UK, aiming to benefit consumers, merchants, and economic growth. Families and businesses across the country could benefit from greater choice, flexibility and smoother purchases, under proposals
Balfour Beatty has reported a strong financial performance in 2024, driven by improved margins in its UK construction business and steady growth across key sectors. However, an increased provision for building safety remediation has impacted overall profitability.
Edinburgh-based Aveni.ai, specialist in AI for financial services, has been selected by credit reference agency Equifax UK as a strategic AI partner. The Aveni Detect solution has been deployed by Equifax UK, helping to streamline quality assurance processes and reduce the amount of manual checking
Chief financial officers (CFOs) are prioritising cost reduction in the face of falling business optimism, which has reached a two-year low in Q4, according to Deloitte. The Big Four firm's latest survey of UK CFOs has shows that a net 26% of CFOs are feeling more pessimistic about their business pro
Scottish Financial Enterprise (SFE) has called on the Scottish Government to reverse its diverging income tax policy, warning that it is harming the economy. The financial and professional services industry organisation welcomed the Scottish Government’s focus on economic growth but urged mini
Lesmahagow-based fleet vehicle graphics firm, OPG, is on track to increase turnover by 40% following continued business growth since a management buy-out (MBO) in late 2022. OPG’s primary focus is the design and production of branding and wraps for vehicles, working with household names across
CT has appointed Karen McBride CA its newest director, who will join the firm's accounts and business advisory (ABA) division in its growing Glasgow office. With a strong focus on technology companies and other start-up businesses, Ms McBride will support the growth and development of the ABA team i
