Deloitte's Q3 UK CFO Survey has shown that CFOs view credit as being more costly than at any time since 2010 with over half (56%) rating credit as costly while over a third of finance leaders (39%) note that new credit is not easily available. The financial market impact of the government’s mi
Search: financial focus
Ledingham Chalmers has set aside £200,000 to support staff with the rising cost of living as it records an increase in profits from £4 million to £4.1m. Announced at the same time as the Aberdeen-headquartered firm’s financial results, this bonus means each member of staff em
PwC has expanded its Scale programme, in support of growing tech companies, with the launch of its first Stablecoin cohort. It features four high-quality Stablecoins delivering transformative use cases for the payments ecosystem.
New figures released by the Office for National Statistics (ONS) have estimated that GDP has fallen by 0.3% in August 2022, after growth of 0.1% in July 2022 (revised down from a growth of 0.2%). The ONS said: "monthly GDP is now estimated to be at the same level as its pre-coronavirus levels (Febru
British Airways has added a new route to its Aberdeen International Airport network operating to London City this winter, strengthening the connection between the two financial hubs. Passengers will be able to fly on the new route from November to provide stronger connectivity to London.
The Bank of England (BoE) has announced additional measures to an orderly end of its purchase scheme. On September 28, the bank announced a temporary and targeted intervention to restore market functioning in long-dated government bonds and reduce risks from contagion to credit conditions for UK hou
Stuart Dickson, senior investment director at Edinburgh-based Adam & Company Wealth Management, discusses the current financial market. Nostalgia for the 1980s seems to be everywhere at the moment.
The joint administrators of Arjowiggins Group’s ten UK subsidiaries has said they are continuing to explore potential interest in the AW Group's business and assets. However, in the event that it cannot secure an acquisition, Interpath Advisory will continue to wind down operations at each Mil
The first signs of the cost-of-living crisis in pensions is beginning to emerge, a Pensions and Lifetime Savings Association (PLSA) survey of 112 pension schemes has found. One in five pension schemes surveyed by the PLSA have seen savers asking about reducing or stopping their pension contributions
Ian Marshall, business advisory services director & head of tech strategy at AAB, discusses the benefits of investing in the right type of financial guidance. The Tech sector in Scotland has received a great deal of media coverage in the last six months, albeit at a macro level.
Last week's reduction of the limit for sequestration proceedings from £10,000 to £5,000, has prompted Wylie & Bisset, Accountants and Business Advisers, to forecast a flurry of activity for some creditors to recover monies who have had to wait or given forbearance through the pandemi
The Bank of England and HM Treasury released updates as the Pound fell greatly in value following the government's fiscal announcements. The Chancellor of the Exchequer, Kwasi Kwarteng, announced that he will outline further regulatory reforms to the UK’s financial services in the next mo
Executive search firm Carlyle has announced the appointment of Alice Deakin as a principal, bringing more than 20 years of finance, commercial and leadership experience gained from working across the technology, professional services, media and financial services sectors. Ms Deakin held the chief fi
Donald Trump has been accused of committing “astounding” fraud in order to “obtain incredible economic benefit . . . in stark violation of the law” in a legal case seeking $250 million from him. Letitia James, the New York state attorney-general, wants to see the former presi
A family was thrown into shock upon discovering a negative bank account balance of almost $100 billion (£88.16bn). An image of the unbelievable bank balance was shared by nineteen-year-old Kana Kardong from Seattle, who jokingly remarked "either my bank messed up, or I am going to ha
