Search: financial focus

ScottishPower has announced an unprecedented £5.4 billion worth of contract opportunities, marking its largest-ever issued contract initiative, as it ramps up its next phase of electricity network investment.

EY has extended the tenure of its UK chair, Hywel Ball, for a second time, allowing him to continue leading the Big Four firm beyond the mandatory retirement age of 60. Mr Ball, 61, who has been at the helm since 2020, received a further one-year extension, taking his leadership role until June 2025

The Cyber and Fraud Centre – Scotland, has encouraged SMEs and charities with limited IT resource to make use of the Centre’s Cyber Advance service. The Cyber Advance service combines two key elements to guide organisations through the process of building their digital resilience. To beg

Craft brewer BrewDog has said it is ending its commitment to paying all staff the voluntary living wage.

Former US President Donald Trump's Scottish luxury Turnberry golf resort has reported a pre-tax profit of £571,000 in 2022, marking the first profitable year since its acquisition in 2014. This turnaround follows a loss of £3.7 million in the previous year. The resort's revenue surged by

The Scottish Retail Consortium (SRC) has appealed to the Scottish Government to shield businesses from significant tax hikes in today's forthcoming Scottish Budget.

Shaun Barton, partner at Company Closure, highlights the warning signs of a company insolvency. When it comes to the impending, or actual, insolvency of a limited company, taking swift action is critical. Seeking the services of a business turnaround expert such as a licensed insolvency practitioner

Sir Tom Hunter, businessman and founder of The Hunter Foundation, has hailed “another year of solid progress” at his business empire as it continues to support a number of companies, including a Scottish restaurant operator and a cancer treatment specialist. Posting accounts for his West

The Scottish Government has been faced with a £1.5 billion shortfall in funding for next year due to increased spending pressures and new announcements, according to the Fraser of Allander Institute at the University of Strathclyde. This represents one of the most challenging fiscal backdrops

A number of Scotland's finance and business industry bodies have signed an open letter addressed to the Scottish Government ahead of next week's Scottish Budget due on 19 December. They have articulated their collective stance and concerns regarding the upcoming Scottish Budget, emphasising th

KPMG has entered discussions to merge its UK and Swiss operations in a move that could significantly impact the firm's growth and profitability.

As the private sector in Scotland braces for a wave of wage and benefits discussions in early 2024, businesses are being cautioned about the risks of losing staff to insufficient pay increases. Jane Watson, head of prism HR, the human resources consultancy operated by Scottish legal firm Lindsays, i

Chartered accountant Stuart Wallace is to be the next group chief executive of Forth Ports after Charles Hammond OBE announced he will step down from the role next summer. Over the next six months, Mr Hammond will work closely with Mr Wallace, currently the company's chief operating officer and a bo

The University of Glasgow has unveiled its latest addition, a £85 million state-of-the-art building dedicated to the Adam Smith Business School, marking a significant milestone in Scottish academia and business education. The new Adam Smith Business School Building and Postgraduate Taught (PGT

Johnston Carmichael has announced a significant bolstering of its leadership team with seven senior promotions in Scotland and the North East of England. The seven senior promotions are among 55 promotions effective across the business this month and brings the total number promoted at Johnston Carm