Johnston Carmichael has reinforced its business advisory team by appointing Jim Lockhart as a new partner in its expanding Glasgow office, which saw 13 promotions in December. Mr Lockhart has over 25 years of experience working across the finance sector for firms of all sizes, ranging from a five-pa
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Muir Group PLC has announced its financial results for the year 2022/23 which show a pre-tax profit of £2.2 million. Marking half a century in business this year, the independently-owned family property developer and contractor reported a 5% increase in turnover to £89.3m (2022: £8
The Association of Chartered Certified Accountants (ACCA) has communicated pressing concerns to the Chancellor ahead of the Autumn Budget Statement, stressing the urgency for financial reforms to stimulate the UK economy. In a critical open letter, the ACCA pinpointed three core areas requiring imme
Richard Moriarty, the new chief executive of the UK’s Financial Reporting Council (FRC), has expressed his stance on the Big Four firm's reign over the UK audit market. In contrast to his predecessor, Mr Moriarty expressed lesser concern if Deloitte, EY, KPMG, and PwC continue their near-total
Aberdeen-based energy and engineering services firm Wood Group has reinforced its annual financial projections following a lucrative third quarter, which saw several substantial contract gains.
The Financial Conduct Authority (FCA) has illuminated a sharp rise in the adoption of buy-now-pay-later (BNPL) schemes within the UK.
Scottish Financial Enterprise (SFE) has initiated the second phase of its international campaign, 'From Scotland to the World', through a comprehensive digital strategy aimed at global investors.
Accountants and financial professionals have shown optimism about the role of digital technology, including artificial intelligence (AI), in transforming their industry, according to the ACCA's (Association of Chartered Certified Accountants) Digital Horizons report.
Announcing a strategic review of the country's debt solutions, Scotland's Minister for Community Wealth and Public Finance, Tom Arthur, has appointed Yvonne MacDermid OBE, a prominent financial advice expert and the former chief executive of Money Advice Scotland (MAS) to spearhead the initiative.
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
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
