The first phase of a new initiative to identify and nurture new entrepreneurial talent has been launched. Funding of up to £1.5 million will be delivered through the Pathways Pre-Start Fund this financial year to provide support, mentoring and advice services for people thinking about taking t
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Ben Rose and Christina Anthoulaki Scottish Financial Enterprise has appointed Ben Rose as its new director of public policy and communications and Christina Anthoulaki as its new programme director.
Unity Trust Bank has reported a record level of lending in its half-year results – exceeding £900 million for the first time in its history and growing 9% from last year.
Phoenix Group, long-term savings and retirement company, has announced its latest initiative, the Women’s Innovation Forum. The forum aims to address the significant gender pensions gap, which sees women saving 34% less for retirement by their 40s and 51% less by their 50s. This disparity is a
Michael Reid discusses the challenges of personal financial crisis, the limitations of Debt Administration Scheme, and explores sequestration under Scottish law as an alternative debt relief mechanism. My recent article regarding personal financial challenges and potential utilisation of the Debt Ad
Lynsey Carson, a seasoned professional in the financial services sector, has been appointed as business development director in Rathbones Investment Management's Glasgow branch. Bringing over 20 years of experience to her new role, Ms Carson will be responsible for enhancing Rathbones’ pa
Kate Darracott looks at the proposed reforms by the Financial Conduct Authority (FCA) to the UK's listing rules aimed at making UK stock markets more attractive to businesses seeking to raise capital, and how they may make the UK listing regime more competitive, particularly for early-stage, high-gr
Restructuring firm Begbies Traynor has reported an 11% rise in revenue, from £110 million to £121.8m, and a 16% increase in adjusted profit before tax, from £17.8m to £20.7m, for the financial year ending 30 April 2023. This success was attributed to the firm's expanded focus
Brodies LLP has announced its 13th consecutive year of growth – posting record revenue of £106.25 million. With revenue growth for the financial year to 30 April 2023 up 8% from £98.5m the previous year, operating profit also increased by 6% from £46.1m to £48.6m.
Evelyn Partners, the wealth management and professional services group, has revealed the continued expansion of its presence in Scotland with the completion of a deal that will see the team from PPM Wealth join its Glasgow office. PPM Wealth is a client focused Glasgow-based boutique wealth manager
A study by The Institute of Chartered Accountants of Scotland (ICAS) has revealed a substantial call among UK business leaders for governmental financial backing and enforced sustainability reporting standards to bolster corporate sustainability efforts. The study polled 581 ICAS members, comprising
Aberdeen-based transport giant FirstGroup has reported strong financial performance in FY 2023 with profits more than doubling to £82.1 million, exceeding expectations.
Scott Hogan discusses the recent changes to Scotland's business rates regime, with a focus on the devolution of power to alter empty property relief to local authorities, and the varied impact of these changes on commercial property owners and occupiers across different regions. April brought in a w
Scottish coffee roaster Matthew Algie has secured a multi-million-pound investment at its Glasgow production headquarters, to enhance production capabilities while aiming to be net-zero by 2035. This financial injection, supported by Scotland's national economic development agency, Scottish Enterpri
Michael Reid, managing partner at Meston Reid & Co, offers advice to individuals struggling with personal debt. My recent article regarding personal financial challenges provoked a certain amount of feedback because many individuals are struggling to pay their bills and have a concern that their
