Search: financial focus

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

SGN has announced that Simon Kilonback will become its new chief executive officer. He joined the energy network business in September 2023 as chief financial officer and will take over from Mark Wild who is leaving to run the high-speed rail project HS2.

Daniel Smith and Julian Heathcote of Teneo Financial Advisory Limited have been appointed joint administrators of Hostmore, which is the UK operator of TGI Friday's, after talks fell through to buy its US parent company.

Springfield Properties has returned to paying dividends earlier than expected as a result of its focus on debt reduction over the past year and its confidence in a recovering sales market. Announcing its FY24 results to 31 May, the group confirmed it is on track to report results for FY25 in line wi