Search: financial focus

Praemium, the global custody and investment platform, is opening a dedicated hub on Edinburgh’s George Street. The global business said Edinburgh offers an unrivalled physical base for cross-discipline, collaborative working – as it boasts a major European financial centre, established f

Rupert Thompson, chief investment officer at wealth management group Kingswood, discusses rebounding global economies and the resumption of value. Equities continued their strong run last week with global markets gaining a further 0.8% to be up 10.7% since the start of the year. The US reporting sea

Businesses that fail to provide for employees’ retirement are storing up a potential staffing crisis according to a new report on the challenges facing boards in dealing with pension liabilities. An ethical approach to investing in pensions and eradicating the gender pensions gap were among a

Accountant Steven Day has been jailed after defrauding the NHS and stealing £1.4 million from firms. Leeds Crown Court heard that Mr Day, of Perthshire, targeted a female friend in a £4,500 romance fraud and lied about his mother dying and having cancer to conceal his actions.

Edinburgh-based Capital Credit Union has been inundated with hundreds of enquiries after launching an online tool to help people with benefits claims. The credit union launched its benefits calculator after being swamped with calls from members unsure about what they were entitled to claim during th

Edinburgh-based fintech Modulr has secured new investment from FIS Ventures, the corporate venture arm of global financial technology leader FIS, for an undisclosed amount. FIS plans to leverage Modulr's API-based payments infrastructure to facilitate and automate real-time, business-to-bu

Entain, the owner of Ladbrokes, claimed millions of pounds in furlough cash while enjoying a surge in online betting, The Guardian has revealed.

Non-bank or direct lending recorded the highest number of deals ever in the final quarter of 2020, according to Deloitte’s latest Alternative Lender Deal Tracker.

The post-lockdown house-move boom has seen Scottish law firm and estate agent Lindsays defy disruption to record a rise in the number of homes sold in the past 12 months. Sales by its residential property division rose by 4.26% in the last financial year, with homes valued at a total of £177.3

Insolvency and restructuring trade body R3 in Scotland is urging directors of COVID-hit businesses to make the most of the time granted by the Government’s extension of temporary insolvency measures to plan for the future. The Government has announced that it will extend a number of temporary

John Docherty, associate director of accounting & finance at Core-Asset Consulting, discusses the growing appeal of start-ups and commerce for Scotland's accountants. Ambitious young accountants who saw traditional career prospects flattened by Covid have responded by embracing start-ups and oth

Over a quarter (26%) of Scottish firms have expanded during the coronavirus pandemic, according to new research by Rathbone Investment Management.

One in three (35%) Scots have been affected financially by the coronavirus pandemic, with household income decreasing by £430 per month on average, according to the latest research from money app Yolt. The research found that almost three in ten (28%) adults in Edinburgh have reported a financ

Carnoustie-based housebuilder DJ Laing has pointed to the strong Dundee property market for its rise in profits. Newly filed accounts from the firm revealed that its sales increased to £7 million for the year ending May 31 2020, compared to £6.3m in 2019.

Wemyss Development Company, the Scottish-based conglomerate which runs Kingsbarns Distillery in Fife, has reported a £21.2 million drop in turnover in its last financial year. Turnover fell to £27.5m in the 12 months to the end of March 2020, compared to £48.7m the year before