Search: financial focus

The launch of the new Fair Work Agency (FWA) next April will see the introduction of a raft of new employment rights with businesses risking fines and other penalties if they do not comply, experts from Azets have warned. "The creation of the FWA marks a step change in the government’s attitud

SBP Accountants & Business Advisers (SBP) has successfully delivered a seven-figure funding package from the Royal Bank of Scotland for long standing client David Patience, owner of CLS Marine Ltd, enabling the purchase of a new trawler vessel and powering the business into its next phase o

An increase in public sector borrowing is intensifying pressure ahead of the Autumn Budget, Professor Joe Nellis writes. Public sector borrowing came in at £17.43bn for October, painting a challenging picture for the public finances and reinforcing the fiscal squeeze facing the Chancellor ahea

Glasgow Kelvin College has delivered a £194 million boost to the Scottish economy, according to a new independent report.

MHA has enjoyed an 8.8% increase in pre-tax profits to £18.5 million after recording revenue of £121.3 million in the first half of the 2026 fiscal year. The professional services provider of audit and assurance, tax, accountancy and advisory services today announced the interim full-yea

Edinburgh-headquartered Rhizocore Technologies, a biotechnology company which uses fungi to improve tree growth and survival rates, has secured £4.5 million in investment to scale its innovative approach to forestry and woodland restoration. The funding round was led by The First Thirty, a spe

Scottish ministers have extended a consultation on new mental health moratorium rules amid efforts to improve debt protections for people struggling with mental illness, writes Ahsan Mustafa. On 14 November, Ivan McKeen, minister for public finance, extended the consultation on the draft Mental Heal

Scottish accountancy firm Henderson Loggie is urging Scottish charities to take early action as changes to both the audit threshold and the Charities SORP 2026 create a new and more complex reporting landscape. The Scottish Government has announced that the statutory audit threshold will rise for th

The Institute of Chartered Accountants of Scotland (ICAS) has appointed Katie Close CA as its new director of tax. Katie Close will lead the ICAS tax team, overseeing technical content and resources for over 24,000 members working in more than 85 countries.

Deborah Freeman-Watt, Rachel Gwyon, Michael Stewart, James Withers and Amanda Young have been appointed as board members of Crown Estate Scotland (CES).

Glasgow-headquartered Wbg is developing its own internal entrepreneurial ecosystem in response to a record boom in Scottish startups. The initiative launches ahead of Global Entrepreneurship Week (17-23 November).

Digital product consultancy Waracle has secured a long-term agreement with People’s Partnership, provider of People’s Pension, in a multi-million-pound deal that will help create the next-generation digital experience for the not-for-profit organisation. The agreement will see Dundee-hea

Insolvency-related activity rose by 17% in Scotland last month, according to R3. The restructuring, turnaround and insolvency trade body's analysis of data provided by CreditSafe indicated an increase in insolvency-related activities from 106 in September to 124 in October.

Scotland’s labour market is facing “growing pressures” amid a complex economic backdrop, according to the latest figures. While data shows a challenging picture for employment, cooling wage growth across the UK has fuelled speculation of a pre-Christmas interest rate cut from the B

The Association of British Insurers (ABI) has called for cyber insurance to become a part of every organisation’s modern risk management strategy, as its latest figures show £197 million was paid out to help businesses recover from cyber incidents in 2024. Data from firms participating i