Search: financial focus

August saw an increase in net borrowing of mortgage debt by individuals, marking the fourth consecutive month of growth, with a significant rise to £1.2 billion, up from July's £0.2bn. In contrast, the UK observed a decline in net mortgage approvals for house purchases, dropping to a six

A grandmother who embezzled £1.5 million from a family scrap metal business in Aberdeen has been jailed for three years and four months.

Aspectus, a global brand, marketing, and communications agency, has experienced a surge in growth over the past year, reporting a 25% increase in global revenues, totalling £12 million. This growth trajectory is attributed to escalating client demand, the launch of new services, and a formal e

Scotland’s onshore GDP grew by 0.1% in July, following 0.0% growth in June 2023, according to statistics announced by the Chief Statistician. This follows 0.0% growth in June 2023. In the three months to July, GDP is estimated to have contracted by 0.1% compared to the previous three month per

Nicola Ross delves into the prevalent issue of late payments affecting various businesses, discussing implications and outlining preventative measures, strategies for resolution including credit control, litigation, and mediation. Recently Etsy and Amazon have been outed for withholding funds f

Over 500 finance sector professionals gathered in Edinburgh last week to help drive green and responsible finance forward, enabling the achievement of net zero goals in Scotland and around the world.

Complete Weed Control, a Scottish specialist in weed control, ground maintenance, and tree management, has reported stellar growth, posting record sales of £2.75 million up to 31 May, a substantial increase from £2m the previous year. The company, now based in a newly-acquired headquarte

Accountancy and business advisory firm Armstrong Watson, which has offices in Scotland and the North of England, has relocated its headquarters to a newly constructed purpose-built site. The move to James Watson House, in Rosehill, Carlisle, signifies a substantial investment, uniting over 180 colle

Finsbury Food Group, which acquired Coatbridge-based Lees earlier this year, has accepted an acquisition offer from Frisbee Bidco, a subsidiary owned by Isle of Man asset management firm DBay Advisors, in a deal valued at £143.4 million.

The minister for local government, empowerment and planning, Joe Fitzpatrick MSP, unveiled a series of appointments to the Accounts Commission for Scotland, the public body entrusted with overseeing the performance and expenditure of local councils, joint boards, and integration joint boards across

Celtic Football Club has revealed record annual pre-tax profits of £40.7 million, boosted by a triumphant return to the Champions League and other strategic moves.

As part of UK Savings Week from 18 to 24 September 2023, HM Revenue and Customs (HMRC) is urging nearly 430,000 young adults aged between 18 and 21 to claim their unclaimed Child Trust Funds (CTFs). Child Trust Funds are long-term, tax-free savings accounts and were set up for every child born

Aberdeen-based Neil Thomson discusses the challenges and strategies related to international workforce mobility in the global energy sector, emphasising the importance of compliance with visa and immigration regulations. In the dynamic landscape of global energy projects, time is of the essence. Swi

A fundraising campaign is underway today to re-open Edinburgh’s Filmhouse, a well-loved cinema known for presenting one of the most ambitious and diverse cinema programmes in the UK. The ambition is for Filmhouse to open its doors once again in 2024. Newly formed charity Filmhouse (Edinburgh)

Chartered surveyors and property consultants Graham + Sibbald has appointed Jennifer Doran as the business’ first finance director. Ms Doran is based at the company's Glasgow office and has been brought onboard to assist the firm in achieving its expansion plans in the coming years.