Search: financial focus

Edinburgh-headquartered fintech firm FNZ has made a significant expansion into Australia after announcing an agreed takeover of fellow financial software company GBST. The deal values GBST at £152m - more than twice the average share price in the month to 11 April when it receiv

A man in Australia who has claimed the country's taxation laws do not apply to him because he does not accept recognition as a person has been told by a magistrate that his argument "would make a mockery of the law". Glen James Polglaise, of North Bendigo, Australia, failed to submit six tax returns

Audit giant KPMG has been hit with another £5m fine after failing to identify that bank BNY Mellon was mixing £1 trillion of clients’ savings with its own funds, contrary to rules and leaving customers exposed to the risk of losses. The fine means KPMG has paid £21m since Jun

Carberry Tower, a luxury, 4-star castle hotel and event venue on the outskirts of Edinburgh, is set to expand after securing a £2.9 million funding package from HSBC UK. The privately-owned family business plans to use its new financial package to create new leisure and dining experiences on-s

Martin Gilbert, co-founder of Aberdeen Asset Management and former Standard Life Aberdeen chief executive, has been linked to a new role at banking challenger Revolut. According to reports in The Financial Times, Mr Gilbert, who shared chief executive duties with Keith Skeoch at SLA after AAM’

Edinburgh-based wealth manager Brooks Macdonald has announced it has signed an agreement to lease a new London office at 21 Lombard Street. The lease is for six years with relocation to the new premises in the second half of the Group’s financial year ending June 2020.

Edinburgh-based Symphonic Software has announced the appointment of Angela Brown as finance director. Ms Brown brings over 20 years' experience as a chartered accountant and 13 years' experience as leader of the Scottish business advisory team at international accountancy firm Mazars.

The Golden Jubilee National Hospital in Clydebank has announced the appointment of Colin Neil as its new director of finance. Mr Neil joins the national NHS Board from his former role as assistant director of finance for acute services with NHS Greater Glasgow & Clyde, just as the structural wor

Accountancy and business advisory firm French Duncan LLP has won two new hotel accounting service clients in Germany. The two hotels are operated by French Duncan's existing client, Cycas Hospitality, and will now benefit from the firm's completely paperless accounting function, which provides real-

The Scottish Government has rejected claims that the prospect of a second independence referendum is having a negative effect on investment. Professor Colin Anthony Jones of Heriot-Watt University told The Times that UK financial institutions have spent a smaller percentage of investment expenditure

Councils across England and Wales have been chosen to pilot a scheme that will help local authorities recover unpaid council tax. A total of 29 local authorities have been chosen to be part of the trial working with the DWP and HMRC to be the first to use powers introduced by the Digital Economy Act

Social Investment Scotland (SIS), is launching two new funding challenges this month worth £3.3 million, designed to support all social enterprises – large and small - across Scotland. The investment programmes - Step Up and Scale Up Challenges - have been created to reflect the varying

The Scottish Funding Council (SFC), supported by Salix Finance, is launching a £19m programme aimed at boosting investment in energy efficiency across Scotland’s higher education institutions. The progamme will provide accessible support and finance for carbon reduction throughout the se

New research from Close Brothers reveals that nearly half (46 per cent) UK workers aged 55 and over do not feel prepared for their retirement. 

The Edinburgh Chamber of Commerce has announced that Jane Clark-Hutchison has been elected as its new President. An existing member of the chamber board, Clark-Hutchison has over 25 years’ experience in financial services, currently as Head of Client Relationships, Workplace Distribution at Sc