Search: financial focus

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

The fundraising appeal launched to save Edinburgh's Gorgie City Farm has received a donation of £20,000 from an anonymous contributor.

Alistair Greig has appeared in court after being accused of defrauding hundreds of investors out of £13 million through an illegal “Ponzi” scheme.

The chief executive of HM Revenue & Customs (HMRC) has publicly denied that it made any mistakes when pursuing repayments from Rangers FC for unpaid tax. In a very unusual move, chief executive Jim Harra made a social media announcement to reject the claims made in The Times that mista

Shareholders from Lloyds Bank have lost a multi-million-pound claim against the bank over its purchase of HBOS in 2009. A total of 5,803 former Lloyds TSB shareholders claimed they were "mugged" when the bank recommended the deal without disclosing HBOS's true financial position which turned out to

Edinburgh-based fintech Sustainably has obtained £50,000 in funding after it reached the final of UK-wide Open Up Challenge 2020. The company is one of 15 fintechs in the UK to make the final of the challenge.

Vulnerable people living in food poverty in Edinburgh will be dished up nutritious ingredients after a foodbank run by World Care Foundation, received £7,238 from Aberdeen Standard Investments Charitable Foundation.

A source has told CNN Business that Google plans to offer banking services starting next year.

Scottish turnaround specialist BRS Consulting has launched a new credit management service to help SMEs cut numbers of overdue debtors, improve cash flow and reduce their risk of bad debts. BRS Credit Management is headed up by Paula Smith who joined BRS earlier this year after 14 years managing cre

Aberdeen chartered accountant Kimberley Oliver was awarded the Woman in Finance Award at this year's Business Women Scotland Awards in Glasgow. Ms Oliver is a chartered accountant (CA) and director of Xenith Financial Consulting Limited (Xenith Financial), a business she founded in May 2016.

Precision Tooling & Castings Ltd has secured £4.47m of funding from Barclays for a management buyout (MBO) with aspirations to grow the business and implement new technologies. The deal, which combines invoice and asset finance and term and property loans, has allowed current group operati

Accountancy and business advisory firm French Duncan LLP has announced a series of appointments in its Edinburgh office following a £250,000 refurbishment. The firm has appointed Stephen Oates as a director in the tax team, supported by assistant manager Jen Kinnear, and chartered financial pl

Companies applying the new standard on lease accounting need to provide more information on its effects, according to a new report by the Financial Reporting Council (FRC). The FRC has reviewed the interim reports of 20 companies applying International Financial Reporting Standard 16 (IFRS) ‘L

It has been reported that KPMG will cut a tenth of its UK partners by Christmas after a review of individual performance. The cuts are said to be part of its measures to overhaul the company.