Search: financial focus

Edinburgh Children’s Hospital Charity (ECHC) and Alzheimer Scotland are to share a donation of £38,000 from law firm Gillespie Macandrew.

A £25 million Scottish Government fund to improve ventilation in business premises and reduce the risk of COVID-19 transmission will open for applications next week. Small and medium-sized businesses such as restaurants, bars and gyms will be able to claim back costs of up to £2,500 to u

Edinburgh-based print and design firm Wee Blue Coo Ltd has rewarded its employees with the keys to the business following their hard work during the global pandemic. Launched from the living room of couple Bob and Joelle Kirkpatrick in the middle of the 2008 financial crash; Wee Blue Coo Ltd has est

Business secretary Kwasi Kwarteng is set to ditch plans to hold company directors personally liable for accountancy failures through fines and bans, after backlash from UK businesses. Earlier this year, Scottish Financial News reported that the UK Government intended to reform corporate governance,

abrdn, the fund management firm formerly known as Standard Life Aberdeen, has confirmed that it is in talks to acquire online investment service, Interactive Investor. A spokesperson from abrdn told Scottish Financial News that it is currently in discussions with J.C Flowers & Co, who is th

The Financial Conduct Authority (FCA) has launched a discussion paper inviting views on potential criteria to classify and label investment products to help consumers navigate their sustainability characteristics. Yesterday's launch coincided with COP26 Finance Day and reflects the watchdog's commit

Many businesses could face major refinancing problems in the latter half of 2022 if the Recovery Loan Scheme (RLS) is not extended beyond the summer and banks continue to refuse to transfer outstanding CBILS when companies refinance, a banking expert has warned. Murdoch MacLennan, banking partner wi

Partners at EY took home £749,000 last year after the company saw UK revenues grow by 7.3% and fee income increase to £2.75 billion. EY's latest results report strong growth across all its service lines. Revenues in strategy and transactions grew 12.1%, consulting grew 9.5%, assurance gr

The Scottish Government will benefit from £4.6 billion in extra funding next year, Chancellor Rishi Sunak announced in the Autumn Budget and Spending Review 2021 today. Speaking in Westminster, Mr Sunak said: "Through the Barnett formula, today's decisions increase Scottish Government funding,

Sophisticated investors and pension funds are among those who will have access to new types of investment opportunities following changes made by the Financial Conduct Authority (FCA). The FCA has confirmed that it will be taking forward proposals to create a new type of open-ended investment fund w

Accountancy firm Azets has announced the appointment of Lynne Wilson as a new partner based in Perth with effect from 1 November 2021. Ms Wilson is a specialist advisor to owner-managed businesses. She joined Azets as a manager in 2013 and was promoted to director in 2018.

Interpath Advisory has announced the successful sale of Glasgow-based Mono Consultants Limited, which went into administration last week. Blair Nimmo and Geoff Jacobs were appointed on Friday as joint administrators to the business, one of the UK's largest network infrastructure roll-out service pro

Law firm Aberdein Considine has made a number of senior appointments to its lender services practice group (LSPG) including the hire of a banking and compliance specialist. George McNaughton has joined the firm as the head of compliance for the firm's LSPG following a 30 year career in banking and f

Financial results for Scottish law firm Gillespie Macandrew confirm the business delivered another strong year overall despite the disruption caused by the pandemic. Revenue for the year ending 28 February 2021 was £13.5m (2020 - £14.4m), having been adversely affected in the initial few

The directors of Forthplus Pensions Limited have appointed Andrew Poxon, Alex Cadwallader and Barry Stewart of Leonard Curtis Business Solutions Group as joint administrators. Forthplus are a pension provider and administrator, regulated by the Financial Conduct Authority (FCA). It provided a S