Search: financial focus

The administrators of collapsed Dundee building company Muirfield Contracts have been given another year to continue their work. Campbell Dallas said it has been granted more time “to realise the company’s assets and agree the creditors’ claims”.

The Church of Scotland and Islamic Finance Council UK have announced a partnership to create ethical financial services. The joint venture will draw on how the Christian and Muslim communities have supported ethical finance in the past and examine the practical commercial viability of new models whi

Ross McEwan The Royal Bank of Scotland has today announced the final payment of a Dividend Access Share (‘DAS’) dividend of £1.193 billion to Her Majesty’s Treasury (‘HMT’), marking a significant milestone in the drive to return to shareholder dividend payments.

Chancellor George Osborne yesterday said that the Treasury will launch a retail share sale of its remaining stake in Edinburgh-based Lloyds Banking Group within a year’s time after it pulled the plug on the move last year amid market turbulence. Mr Osborne said the government is committed to selli

The ‘No’ result of the independence referendum was worth almost £9 billion to Scotland last year, research commissioned by an anti-independence campaign group has claimed. Scotland in Union hired finance consultants Europe Economics to examine the fiscal position of the country based on the lat

Still 73 per cent state-owned, bailed-out Royal Bank of Scotland is to cull 220 face-to-face advisers from its workforce in favour of so-called "robo-advice" after City watchdog the Financial Conduct Authority gave the technology the green light. The new automated online service will, the Edinburgh-

Tim Sawyer Over half of Scottish employees dream of starting their own business, but most are too worried by financial commitments to make their ambitions a reality, a new study has found.

Glasgow City Council has announced that around 1,500 jobs are set to go as part of £130 million in cuts to its budget. Scotland’s biggest council revealed yesterday that the reduction jobs, which will save £25m, will take place over the next financial year.

Scottish school children will be encouraged to manage their money from an early age through a new Junior Savers Scheme. Credit unions will be able to bid for a share of £300,000 Scottish Government funding to develop savers schemes in schools across the country next year.

The value the finance function delivers to an organisation is changing fast and this will have a significant impact on resource planning, day-to-day operational finance, business and financial analysis, innovation and information and systems, according to Finance 2020: closer than you think, a new r

Jann Brown One of Scotland’s leading chartered accountants is to become senior independent director of Aberdeen-based off-shore giant Wood Group.

New data has shown that last month saw Scotland enjoy the sharpest rise in the number of people placed in permanent jobs since last July. A survey by financial information services firm Markit found salaries also picked up in February amid a stronger rise in demand for staff.

Edinburgh-based challenger bank Virgin Money has today reported a 53 per cent rise in underlying profits for 2015 to £160.3m. The result marks a strong performance for the lender, which employs 200 at its headquarters in the Scottish capital, in its first full financial year since listing on the st

John Swinney The Scottish Government has recommended that the Scottish Parliament consents to the Scotland Bill.

Donald Barlow Wealth management firm, Anderson Strathern Asset Management, has announced the appointment of Donald Barlow to its investment team.