Bank of Scotland has announced the appointment of two new relationship managers for its Edinburgh, Lothians and Borders SME and Mid Corporates team, bringing more than 40 years of financial services experience. Stuart Clark and Alan Bedford join a nine-strong team of commercial banking specialists a
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East Kilbride-based cloud software experts Eureka Solutions has secured a partnership with world-renowned rugby club Wasps, to transform its back-office function and financial reporting capabilities. Wasps club officials are rolling out a sophisticated busienss software package to build further mome
Asset engineering firm Edwin James Group is to create more than 100 jobs over the next two years after a series of contract wins helped create a record order book in excess of £500 million. Sales fell by 11% over the last financial year due to the pandemic while profits held up well.
Scottish businesses will welcome yesterday's Autumn Budget and Spending Review 2021, financial experts have said. Andrew Howie, managing partner for Grant Thornton UK LLP in Scotland, said businesses "will breathe a sigh of relief" after being spared tax rises.
Michael Reid, insolvency practitioner and managing partner at Aberdeen-based chartered accountants Meston Reid & Co, considers the role of a licensed insolvency practitioner. Anyone asked about the daily tasks performed by a licensed insolvency practitioner (LIP) might guess they include busines
Mark Sterritt, UK network director - Scotland at the British Business Bank, talks about the success of the Start Up Loans programme in Scotland and the value that new business brings to the Scottish economy, particularly as we focus on recovery. Scotland’s entrepreneurs may have faced multiple
The Financial Reporting Council (FRC) has said that listed companies must be more transparent about their use of alternative performance measures such as "underlying profits" and "core operations." This comes after a new review by the watchdog which revealed that listed firms needed to be more open
abrdn has announced the launch of a new investment strategy that is designed to address some of the key concerns of investors who want a greater focus on responsible and sustainable issues, including climate change, without sacrificing returns. The Responsible Global Asset Strategies (RGAS) Fund pre
Ahead of COP26, the 2021 United Nations climate change conference in Glasgow at the end of October, chartered accountants Wylie & Bisset is urging SMEs to futureproof themselves against the sustainability demands of Generation Z. And it recommends SMEs sign up to the new Google and Planet Mark f
Standard Life UK Smaller Companies Trust Plc, a fund managed by Aberdeen Standard Investments (ASI) has posted its annual financial report for the year ended 30 June 2021, revealing a 41.9% increase in net asset total return. Over the period, the trust's share price rose by 46.9%, compared to a 0.1%
The number of Scottish Fintech SMEs has increased by over 50% during the eighteen months of the pandemic with the FinTech Scotland entrepreneurial community growing from 119 in March 2020 to 181 today. The growth in innovative enterprises reflects the increase in demand for financial technologies as
Tesco Bank is planning to transfer 236 Glasgow-based jobs to Arrow Global after securing a deal to outsource its debt collection and recovery operations. The lender announced that all members of staff moving across under Transfer of Undertakings (Protection of Employment) regulations would be protec
Jack Anderson, financial and professional services consultant at Core Asset Consulting, discusses the importance of transferable skills. Sometimes overlooked, transferrable skills are a key part of your development and career – and often you have far more to showcase in your CV or at an interv
The Financial Reporting Council (FRC) has today published its third Annual Enforcement Review revealing that its Enforcement Division has grown by 44% in the last year. The increase in the size of the division has helped the watchdog to enable the swifter resolution of cases, while the number
As Hugh Young, manager of Aberdeen Standard Asia Focus PLC, marks 35-years of managing Asian equities, he discusses whether his 10 golden rules for equity investing still hold true today, even as the world grapples with the ongoing Covid-19 pandemic. These 10 golden rules, which Mr Young admits have
