Search: financial focus

Matt McGrath Matt McGrath, the young student who won a competition with his ground-breaking reinvention of a medical device used in every major surgical operation has finally sold the business he founded 14 years ago for a staggering £72 million.

Stephen Robertson Data Conversion Systems, a Cambridge-based pioneer in consumer digital audio equipment, has taken the top place in Britain's first ever Intellectual Property (IP) league table, compiled by Metis Partners.

Food bank use in Scotland has increased to record levels, with more than 60,000 referrals over a six-month period, according to the Trussell Trust which said on average people needed 1.7 referrals, suggesting 35,000 individuals received help. From April to September its food banks gave out 60,458 th

Livingston-based gas meter supplier Energy Assets has expanded its funding facility with Royal Bank of Scotland by £10 million. The Edinburgh-based lender's asset finance division Lombard is now making the total amount of funds available to Energy Assets £70m.

The number of new business start-ups has grown faster in Glasgow and Edinburgh over the past twelve months than in London, according to new figures. Data published by office space firm Instant Offices show that in the last year 33 per cent more businesses were set-up in Edinburgh compared to last ye

Mark McCluskey Scottish companies may face serious tax and accounting implications for their businesses if they do not act immediately to implement the new FRS102 accounting standard, according to accountants BDO LLP.

Joe Garner Britain’s second largest mortgage lender Nationwide has appointed current boss of BT's Openreach unit, Joe Garner, as its new chief executive.

James Crosby A long-awaited investigation into the collapse of HBOS in 2008, which is due to be published next week, is expected to question the regulator’s decision to only investigate one executive over the affair.

Fergus Ewing Scottish Government Business Minister, Fergus Ewing MSP, has hailed the contribution that Scottish Insolvency Practitioners (IPs) make to the Scottish economy in a keynote address to the ICAS Insolvency and Restructuring Conference.

A number of key staff members at Royal Bank of Scotland have received more than £3.3 million in shares. The shares delivered were in payment of a fixed share allowance for the six month period ended 31 December 2015.

Sir Gerry Grimstone Standard Life chairman Sir Gerry Grimstone has been appointed as a non-executive director and deputy chairman by Barclays.

Eileen Blackburn Scottish accountancy firm French Duncan has promoted Eileen Blackburn to the new role of principal partner of its Edinburgh office as part of a "wide-ranging programme of change".

Helen Goodman A Labour MP has accused the British Government of “rewarding their cronies and cheating the taxpayer” through its decision to sell-off the first tranche of state-owned shares in Royal Bank of Scotland.

A series of recommendations made following an inquiry into the spiralling costs of the V&A Dundee project have now been implemented, according to a new report.

The Chairman of the new incarnation of Glasgow-based football club Rangers has said the club is moving in the right direction despite announcing a loss of £7.5m for the year ending 30 June. Dave King said the latest results do not reflect the changes implemented since the consortium he led assumed