Search: financial focus

Leeds-based private equity firm Endless has acquired Scottish timber company BSW Timber for an undisclosed sum after more than 170 years of family ownership.

Blair Nimmo and Alistair McAlinden of KPMG have been appointed as joint administrators of Scottish mobile crane hire company Whyte Crane Hire. All 11 jobs have been lost at the company, which operated from two leased premises in Aberdeen and Grangemouth. 

More members of the Scottish Parliament cite renewable energy as an industry with high growth potential than any other, according to new research released today. Four in ten (39%) MSPs said renewable energy is a sector with the greatest potential for growth in the next five years – ahead of fi

Third sector creative and cultural social enterprises in Edinburgh will have the opportunity to attend ‘Understanding Social Investment’ - a free workshop providing information and guidance on social investment. Hosted by responsible finance provider Social Investment Scotland (SIS) and

Fintech company Modulr will host its first Accountancy Innovation Roadshow on the 20th of February in Edinburgh, as the first of a six-city tour of the UK. The series of events forms part of the FinTech’s £20m investment to deliver simple, secure and reliable payments services for accoun

Millions of savers have suffered at the hands of the National Savings and Investments (NS&I) bank after it cut payouts on accounts and Premium Bonds.

Pernod Ricard, the owner of Chivas Brothers, has issued a profit warning in light of the business risks in China stemming from the COVID-19 coronavirus outbreak. In announcing that the profits forecast has been cut, Pernod Ricard hailed the strong performance of The Glenlivit, Ballantine's and

Sheldon Mills has been appointed as interim chief executive director of strategy and competition at the Financial Conduct Authority (FCA).

Nine businesses are being probed by HMRC for potential breaches of the new corporate criminal offence of failing to prevent the facilitation of tax evasion, with 21 other potential cases under criminal review. Tax experts at Pinsent Masons said that the figures should act as a wake-up call to S

Roger Davis, the chairman of Edinburgh-based Sainsbury's Bank, is to step down from the role after seven years of service. Mr Davis is also the chairman of RadioData Communications and Future for Heroes, and a non-executive director of credit reference agency Experian and private healthcare brand Bu

Fintech firm FNZ has announced plans to grow its Scottish presence by establishing a new operations centre in Dundee and adding more than 200 roles across Edinburgh and the City of Discovery. The global platform as a service (PaaS) company, which serves financial services companies, opened its new D

Pinsent Masons has advised Aberdeen-based John Wood Group PLC on the sale of its industrial services business to KAEFER, a technical services provider, for $104 million (£80m) and a further payment of up to around $14m (10.8m) pending achievement of agreed financial goals. The divestment is an

Law firm Aberdein Considine has appointed Natalie Mortimer as head of compliance and Thomas Lilie as head of legal for the Lender Services Practice Group. Ms Mortimer has moved to Aberdein Considine from Virgin Money where she was head of risk, compliance and quality. She brings over 15 years’

Shirley McIntosh, tax partner at RSM, discusses the new challenges facing the legal sector amid changes in property tax. The start of the new tax year on 6 April 2020 will see the latest in a long line of changes in the taxation of property introduced since April 2013, from new and abolished rules,

Nick Pollard has been appointed group finance director at housing, care and property-management organisation Link Group Ltd. Currently director of finance and digital at Kingdom Group, Mr Pollard will join Link Group in April 2020.