Search: financial focus

Glasgow-headquartered fit-out and M&E specialist Morris & Spottiswood recorded an increase in turnover and profitability last year despite "challenging market conditions". The company's turnover increased to £82.6 million from £82.4 million while profit after tax and before divid

Major retail property owner Legal & General has changed its leasing model from one of long-term leases to flexible terms that see rent linked to store performance. The financial services group is implementing the model across its £4.5 billion UK portfolio.

A man who bought a Lamborghini and other luxury items after receiving almost $4 million in coronavirus loans has been charged with fraud.

BDO, which is the second-largest auditor of listed companies in the UK, has been fined £160,000 and reprimanded over its audit of international insurer AmTrust Europe Limited. The Financial Reporting Council (FRC) said the fined related to BDO's unintentional rule breaches relating to failures

The number of insolvencies in Scotland dropped by around 10% during lockdown, according to the BBC Shared Data Unit.

Cumbernauld-based drinks company AG Barr has posted a year-on-year drop in revenues as the coronavirus pandemic continues to wreak havoc on firms across the UK.

The Financial Conduct Authority (FCA) has announced that it will be banning discretionary commission models mainly used by car retailers and motor finance brokers.

AJ Bell, which is one of the UK’s largest investment platforms, is moving into the cash savings market after the company experienced an increase in trading volumes during the coronavirus pandemic. The firm's customers will be able to apply for fixed-term savings accounts from a variety of

Edinburgh-based security services firm Quorum Cyber Security Limited has secured a £2.7 million funding package from Maven Capital Partners, thanks to corporate finance specialist HNH. Led by HNH director Neal Allen, the Scottish arm of the Belfast-based multi-disciplinary financial advisory f

An estimated one million furloughed UK workers are at risk of unemployment when the UK Government's furlough scheme ends in October, according to the latest analysis by the Resolution Foundation.

More than a quarter (27%) of UK children have said they enjoy learning about money at school, according to a new survey from Beano Studios.

A loan scheme to support farmers and crofters through the coronavirus crisis has been announced by rural economy secretary Fergus Ewing. With the additional uncertainty caused by Brexit, the National Basic Payment Support Scheme will maintain vital cash flow for farm and croft businesses by injectin

Zumo, the Edinburgh-based cryptocurrency exchange and platform, has joined forces with waste management charity WasteAid to support community-level action against plastics pollution across several developing markets.

Andrew Knowles, senior director, restructuring advisory at financial consultancy firm Duff Phelps, details how the temporary suspension of wrongful trading doesn’t change the attention that directors should be giving when evaluating the financial position of their company. The tempor

Aberdeen Standard Investments (ASI) has appointed John Bennett as a new UK business development director. Mr Bennett, based in London, will support ASI's investment sales team in bringing its investment strategies to its clients in UK wholesale.