Search: financial focus

Mid-market private equity house LDC has completed an investment of an undisclosed amount in Commsworld, the Edinburgh-headquartered telecommunications and ISP provider.

Greater clarity is needed around the core functions and finances of the Scottish Police Authority (SPA) so that it can build a modern and financially stable police service, the Auditor General has said. A report from the Auditor General highlights some progress over the last year amid a raft of

The Edinburgh International Conference Centre (EICC) has reported record results for 2018, with operating profits at £1.4 million (2017: £1.2m) for the year to 31 December 2018. The centre also saw revenue figures of £11.8m (2017: £11.2m) were achieved during the financial ye

The UK's six biggest banks and building society Nationwide are braced for today's results of the most exhaustive test of their ability to stand firm against 'Armageddon'.

HSBC is currently working with charities in the UK to help homeless people who do not have permanent or fixed addresses, or photo ID, to open bank accounts. These accounts would be managed in HSBC branches or online.

Motherwell-based IT support business VectorCloud has received a five-figure funding deal from UKSE (UK Steel Enterprise), a subsidiary of Tata Steel. The company has since launched a recruitment drive as it looks to increase its headcount by around 20%. 

De La Rue, the world's largest printer of money is running out of money. De La Rue has printed bank notes for the Bank of England since 1860 and also prints currency for a further 140 countries, issued a warning last week that there was "significant doubt" regarding its future.

Andrea Gibson has been jailed for 16 months after being found guilty of embezzling over £248,000 while working as an accounts assistant for Evans Halshaw in Glasgow. Ms Gibson stole the money over a three-year period whilst working at the east end store.

Johnston Carmichael has posted positive results highlighting a revenue increase of over a fifth at the accountancy and business advisory company's audit and assurance arm. The increase in revenues is directly due to a series of new business wins.

Addleshaw Goddard has appointed Gaenor Cassell as partner to its banking practice in Scotland. Ms Cassell, who is currently a partner at Burness Paull, will join the company's Edinburgh team, bringing over 20 years' experience advising lenders and borrowers on all aspects of funding, both domestic a

Suburban family homes that are specifically built for long-term rent, in places people want to live, should be a strategic part of Scotland’s housing development pipeline, according to a new report from Savills and the Scottish Futures Trust (SFT).

Partner and head of banking and finance at Lindsays, Gavin Buchan, discusses how the rise of new finance possibilities is a positive development for all. When anything crashes and burns, there is often something that rises from the ashes. Since the economy emerged from the other side of the global f

Virgin Money has posted a loss after tax of £194 million alongside an accommodation of £385m to pay for the PPI scandal. The results, which are Virgin Money's first as a combined business with CYBG, also detailed an underlying profit of £539m down 7% due to higher impairments from

Goldminer Scotgold Resources has responded to reports which have cast doubt on the company's finances and ability to fund its exploration programme. In a recent announcement, Scotgold's board said that: "The Directors of the Company remain confident that all of the Company’s financial commitme

A report by the Office for National Statistics (ONS) has revealed that public sector borrowing in October 2019 was £11.3 billion, £2.3bn more than in October 2018, making this the highest October borrowing for five years. The report reveals that borrowing in the current financial year-to