Search: financial focus

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

HSBC Holdings plc has appointed Georges Elhedery as group chief executive, taking effect from 2 September 2024. HSBC Group chairman, Sir Mark Tucker, said: “I am delighted to confirm Georges as the next HSBC group chief executive.

The Scottish Government has pledged up to £14.2 million over two years to support Ferguson Marine Port Glasgow (FMPG) in its bid to improve productivity and secure a sustainable future.

As Scotland's councils are increasingly faced with tough budget decisions, the role of the chief financial officer (CFO) is critical in ensuring financial sustainability and stability in local government, writes Jo Armstrong – chair of Audit Scotland's Accounts Commission. Our Spring budget br

Barratt Developments has revealed it expects "profit before tax slightly ahead of our previous expectations" in its latest trading update. The developer has also said it anticipates a further 7% drop in home completions for the 2024-25 financial year, despite "broadly flat" building costs and U

Close Brothers Asset Management (CBAM) has appointed Marcelo Rodrigues as managing director for Scotland, where he will be responsible for CBAM’s HNW advice presence and capabilities across the country. Joining from Schroders Personal Wealth in Scotland and Northern Ireland where he was respon

Dundee-based accountancy firm Ashton McGill has appointed Kyle Gordon as a senior accountant, marking the firm's first Aberdeen-based recruit. Mr Gordon became a fully qualified Chartered Accountant in October last year while working for another accountancy firm as an assistant tax manager.