Search: financial focus

A new survey from ACCA UK (the Association of Chartered Certified Accountants)  and The Corporate Finance Network (The CFN) has revealed that a staggering 79% of SMEs believe the current energy support package for businesses is insufficient.  The SME Tracker contextualises the ongoing

AAB, tech-enabled business critical services group, has announced the acquisition of May Figures Ltd to expand its R&D tax credit services offered across the UK and Ireland. Established in 2013 by Julia May and Dr Mark Graves, May Figures Ltd has grown across the UK, building a track record deli

Financial watchdogs should not enjoy immunity from civil suits in cases in which consumers lose out because of a regulator's negligence, MPs have said. An amendment to the Financial Services and Markets Bill has been laid before Parliament by three SNP MPs and will be debated today.

In today's results NatWest revealed a £1.1 billion profit before tax in its Q3 results for the three months ended 30 September 2022. This is an increase of £110 million, or 11.2%, from £976m for Q3 2021. Similarly to Bank of Scotland owner Lloyds' outlook, the bank has predict

Investors in UK publicly listed companies are set to receive £5.7 billion more in dividends as a result of the weakening of the Pound Sterling against the US Dollar. The boost to dividends shows how UK companies with a significant portion of their earnings coming from abroad are benefiting fro

New research has revealed that savers in the UK are prioritising short-term flexibility over locking their money away for the long-term, as the cost of living crisis forces people to change how they manage their finances. The study, by digital bank Chase, found that instant access to money without c

In a bid to clamp down on greenwashing, the Financial Conduct Authority (FCA) is proposing a package of new measures including investment product sustainability labels and restrictions on how terms like ‘ESG’, ‘green’ or ‘sustainable’ can be used. The measures are

Scotland’s first dedicated horror entertainment business of its kind has successfully grown and sought out new business opportunities after working with Business Gateway. Northern Frights was founded in 2022 by Laura Ripley after she left a 14-year career in oil and gas.

Paul Williamson of Selling My Business, a Begbies Traynor affiliate company, runs through all that’s required when preparing a business sale in the run-up to retirement, appointing an advisor, valuing a business and timing the sale of the business. Business owners approaching retirement will n

A misleading campaign advertising HSBC's green credentials has been banned by the Advertising Standards Authority (ASA). The ruling comes in the wake of dozens of complaints that the bank's posters appeared on high streets and bus stops in the lead up to the COP26 climate change conference in Glasgo

Regional airline Loganair has reported a return to profitability posting a pre-tax profit of £4.98 million in the financial year to 31 March 2022 – while also celebrating its 60th anniversary this year. The Glasgow-based company released its audited accounts, showing a turnover of &

The Cruden Group has seen its turnover increase by 29% to £247.7 million and profit before tax increase to £4.9m, according to its latest financial results. The residential and construction business said it had delivered "a 23rd consecutive year of profitable trading with a robust financ

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

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.