Search: financial focus

Increased turnover and profits at Aberdeenshire-based ice cream maker Mackies will see staff bonuses of 10 per cent paid to the firm's 66 employees. The company, which has 20 per cent of the Scottish ice cream market, highlighted new sales in Taiwan and growth in business with Costco in South Korea

Accountancy firm RSM is advising businesses to pay their VAT on time after a Tax Tribunal ruled that a six figure fine imposed for missing a VAT payment by one day was ‘proportionate’. Blue Ocean Associates Limited appealed to the First Tier Tax Tribunal after being hit with a VAT default surcha

Plans for a new Scotland-wide housing initiative that could help deliver thousands of purpose-built homes for private rent have been unveiled by social justice secretary Alex Neil. The Private Rented Sector (PRS) Rental Income Guarantee scheme would see the Scottish Government sharing a proportion o

Craig Whyte, Gavin Hood (head of advisory corporate finance at Deloitte in Scotland), Colin Tait and Robbie Glass Deloitte in Scotland has announced the appointment of a specialist team of business valuers, which it says gives the business advisory firm a unique proposition for clients north of the

Fraser Sutherland Private parking firms in Scotland are passing outstanding parking tickets on to debt collection agencies, resulting in more Scottish car owners being threatened with court action over disputed charges, according to Citizens Advice Scotland.

The City of Edinburgh Council has made considerable progress towards balancing its books, according to the Accounts Commission. The local authority watchdog raised significant concerns in December 2014 over the council's financial position, including a £67 million gap in savings required to meet fu

William Hobbs In a week when trade body Oil and Gas UK published a report warning that the entire North Sea energy industry was “on the edge of a chasm”, a top banker has told an audience in Britain’s oil capital of Aberdeen that prices are on their way up and that there is no new financial cr

Edinburgh-based Lloyds Banking Group, rescued during the financial crisis at a cost of £20.5 billion to UK taxpayers, increased full-year underlying profits by 5 percent to 8.1 billion pounds last year, it said today. However, the bank also reported a 7 per cent fall in annual pre-tax profits to £

Martin Gilbert Martin Gilbert, co-founder and chief executive of Aberdeen Asset Management has warned that should British voters decide to leave the EU it could spark a second Scottish independence referendum.

Gross mortgage borrowing of £13.6 billion in January was 38 per cent higher than a year ago and the highest since mid-2008, according to latest data from the British Bankers Association. The number of mortgage approvals in January was 33 per cent higher than a year ago, with remortgaging up 42 perc

Nicola Sturgeon and John Swinney A historic deal has been struck between Holyrood and Westminster to deliver new powers over tax and welfare to the Scottish Parliament, in line with pledges made during the independence referendum.

Zenga Lawrie Campbell Dallas has appointed Zenga Lawrie, an expert in international trading, particularly in the oil and gas sector, as a new director based in the firm’s Aberdeen office.

L to R Kwabena Boasiako (Ghana), Quynh Huong Nguyen (Vietnam), Chris Brown (UK), Ting Hu (China), and Xinyi Yao (China) celebrate their win at Thomson Reuters HQ in London’s Canary Wharf A team of five MSc students from the University of Stirling have been awarded first place in the UK final of th

First-time buyers in Scotland are on average £1,440 (19 per cent) a year better off with their own home compared to those who rent, according to new research from the Bank of Scotland. The average monthly buying cost (including mortgage payments1) associated with a first-time buyer buying a three b

Edinburgh-based global investment manager Standard Life Investments has announced the appointment of Jonathan Kennedy as director of change and technology following a comprehensive selection process. Mr Kennedy joins from Virgin Money in the capital where he was chief operating officer.