EY has announced combined global revenues of $45.4 billion (£40bn) for the financial year ending June 2022. With an increase of 16.4% in local currency (13.7% in US dollars), this marks one of the most successful years in the history of the organisation with the highest growth seen in nearly t
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STV has posted pre-tax profits of £10.6 million for the first six months ending 30 June, a 25% increase from £8.5m for the same period last year. Its interim report shows a healthy financial position and positive outlook for H2. Revenues grew 3% to £62.1m (£60.3m H1 2022), an
The benefit of international trade to Scotland’s economy has been underscored after new figures from Scottish Development International (SDI) revealed exporters will provide a significant boost to the nation’s finances.
FinTech Scotland has signed a partnership agreement with Finance Isle of Man to promote and develop insurtech and fintech capabilities across the two jurisdictions, with the intention to boost economic and business cooperation and investment. They will work together to stimulate education, recr
One Four Nine Group has completed its second Scottish acquisition with the purchase of Aberdeen-based Russell Gibson Financial Management Limited. This move further expands the independent financial advice and fund management firm's footprint into Scotland, following its recent acquisition of APC Fi
The Financial Conduct Authority (FCA) has confirmed new rules to make authorised financial firms more responsible for their appointed representatives (ARs).
The abrdn New Dawn Investment Trust Plc has seen its net asset value (NAV) total return drop by 11.0%. The NAV drop is in line with the company’s benchmark MSCI All Countries Asia Pacific ex Japan Index (Sterling adjusted) total return of 9.2%.
Global financial services company PRA Group has celebrated the grand opening of its new offices in Kilmarnock's HALO Enterprise and Innovation Centre (HEIC) with a ribbon-cutting ceremony. Local leaders spanning the business, government and third sectors heard from speakers including Kate Forbes, ca
The ability to plan effectively and make informed decisions has never been more crucial in these most challenging of times, according to Scottish accountancy firm EQ Accountants. For charities, this includes having effective budgeting, forecasting and cash flow management.
Scottish mid-tier accountancy and business advisory firm French Duncan has promoted entrepreneurial services directors Neil Robb and Marc Vosilius to partner, following significant success in this area of the business over the past few years. The two have been with the firm for six and eight years r
Punter Southall Wealth (PSW) in Scotland has joined Adam & Company Wealth Management after Canaccord Genuity Group completed its previously announced acquisition of the company. Adam & Company Wealth Management was acquired by Canaccord Genuity last year and is led by Graham Storrie. The mov
Almost three quarters (74%) of pension schemes have net-zero plans in place, or will do within the next two years, a Pensions and Lifetime Savings Association (PLSA) survey has found. The survey comes as the pensions industry meets this week in Edinburgh for the first time since the pandemic-imposed
Edinburgh-based private bank Hampden & Co has appointed Hannah Berridge as head of professional partnerships. Based in London, Ms Berridge reports to chief commercial officer, Andrew Bell.
New analysis from Grant Thornton UK's bi-annual recruitment sector report shows that deal activity in the recruitment sector for 2022 is off to a strong start with 23 deals completed in the first quarter of this year. This is compared to 18 deals completed in Q4 2021 and represents the sector’
A substantial boost for Scotland’s economy is expected after new figures showed thousands of jobs had been secured through inward investment in the past financial year. Scottish Development International (SDI) statistics revealed that more than 7,500 planned real living wage jobs had been gene
