Rangers Football Club has posted a £17.2 million loss, for the year ended 30 June 2024, despite record revenues of £88.3m. The club attributes the loss to a lack of significant player sales and increased operating expenses.
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Graduates and young professionals were urged to "stay curious" as around 125 north-east businesspeople descended on Aberdeen’s Union Kirk for a night toasting the achievements of those working within the financial planning and insurance sectors. The evening, organised by the council of the Ins
Cruden Group has posted turnover of £132 million and profit before exceptional costs of £2.6m, alongside an increased net asset value of £40.7m, for the year ending 31 March 2024. The group has been in business since 1943 and took the strategic decision last year to restructure its
Aberdeen is set to welcome over 100 professionals to a special event celebrating rising stars in financial planning and insurance. Recognising the achievements of those currently working in the profession as well as supporting the next generation will be central themes at the ‘Future of Financ
Forth Ports has announced two senior management changes, with the appointment of Paul Dale as chief operating officer and departure of chief financial officer Carole Cran. Mr Dale – who is currently asset and site director for the Port of Tilbury – joined Forth Ports in 1989 as a 19
Housebuilder Cala Group has announced today that an agreement has been signed by the global investment firm Sixth Street Partners and Patron Capital, the pan-European institutional investor focused on property-backed investments, to acquire the company from Legal & General Group Plc.
Ventex, a new Scottish venture studio accelerating the net zero transition, has appointed Robert Aitken as its new chief financial officer (CFO). Mr Aitken brings nearly 25 years of experience from Big Four firms to his role. He will be responsible for evaluating potential portfolio companies, ident
After Finance Secretary Shona Robison's £500 million budget cut announcement, First Minister John Swinney has revealed his 2024-25 Programme for Government (PfG). The programme includes efforts to stimulate economic growth, with a focus on attracting investment in renewable energy and infrastr
The Financial Conduct Authority (FCA) has revealed it intends to launch a market study into how pure protection insurance products are sold following concerns that competition is not working well in the market.
The Glasgow-headquartered pensions and SIPP provider @sipp firm has promoted a long-serving team member to finance manager, and elevated finance director Steve Lancaster to the newly created chief operating officer (COO) role. Mr Lancaster will oversee @sipp’s sales and operations departments
The Cumberland Building Society has joined the National Association of Commercial Finance Brokers (NACFB) as a patron. This partnership aims to strengthen support for hospitality businesses, particularly those offering room-led accommodation. The society specialises in mortgages for a variety of bus
AAB has further expanded its virtual finance function (VFF) service with the appointment of Aberdeen-based Niall Pirie as VFF partner. Based in Aberdeen, Mr Pirie, who has led finance functions across a range of business sizes and types, brings 24 years of financial experience to the
Independent financial advisory firm Interpath has announced that James Dewar and Joyce Thomson have successfully obtained their insolvency permits. The pair now join Interpath's head of Scotland Alistair McAlinden and managing director Geoff Jacobs as the firm's Scottish corporate insolvency practit
The Scottish Government is providing over £7 million across Aberdeen City Council, Aberdeenshire Council, The Highland Council, Moray Council and Dundee City Council to encourage greater private investment in the electric vehicle (EV) charging network. In line with the Scottish Government&rsqu
Malcolm Bell, member of the Accounts Commission, discusses the challenges facing local councils in Scotland, including financial pressures, increasing demand, and the need for transformation in service delivery, and how they can be addressed through effective leadership, collaboration, and community
