Search: financial focus

With inflation having reached a 40-year high, fears of a recession have been all but confirmed, according to KPMG's latest UK economic outlook report.

The 2021-22 Provisional Outturn has been published detailing how the Scottish Government spent £47 billion on funding key public services to mitigate the impacts of the covid pandemic and help tackle the rising cost of living pressures. The remaining £650m of available funding has been c

More Scottish firms than ever are making the move to becoming owned by their staff, according to Douglas Roberts, a partner at law firm Lindsays. Lawyers at Lindsays have been involved in almost twice as many employee ownership deals across the country so far this year than they were in the whole of

Equity investment in Scotland’s smaller businesses reached record levels in 2021, with Edinburgh named as the largest UK hub for deal activity outside of London, according to the British Business Bank’s Small Business Equity Tracker. Published today, the research found a total of £

The Scottish Tourism Alliance (STA), the representative body for Scotland’s tourism industry, has published the results of its research into the recovery of the sector, revealing that summer and forward bookings are down and almost 40% of businesses have reported a decrease in spending in sin

Glasgow-based tech start-up Frog Systems has appointed former FanDuel and Sharktower CFO Brendan Waters as the company’s first finance director. Mr Waters brings a wealth of expertise in taking technology businesses from start-up, to scale-up and maturity, having previously been CFO at Scottis

STV is currently on track to exceed its £40 million Studios revenue target for 2023, signalling a 7% increase for the broadcaster. The news came as STV Studios and Tod Productions announced that they have won an 8-part scripted series "Criminal Record" for Apple TV. The broadcaster said that t

The Scottish investment sector is paying between 15-20% more in retention salaries just to keep hold of staff working in specialist finance and client services roles, according to recruitment firm Core-Asset Consulting. Staff working in areas such as tax and audit, Socially Responsible Investment, E

A Dundee sheriff has granted an application by the Accountant in Bankruptcy for reduction of a 2017 disposition of heritable property in favour of a sequestrated man and his second wife and ordered the couple to execute a fresh disposition in the AiB’s favour. Graeme Allan, the first defender,

Fashion-conscious individuals should be on the lookout for fake adverts claiming to offer designer trainers, with a surge in scams cases reported so far this year, according to Bank of Scotland owner Lloyds Bank.

Dundee-based cloud computing company iomart Group has posted its full year results for the year ended 31 March 2022, revealing an 8% decline in revenue from £111.9 million to £103m. However, the firm stressed that it continues to "benefit from a robust business model delivering

Research carried out by Aegon UK among 10,000 people across the UK has revealed that in Scotland 56% of savers say they want to invest some of their savings sustainably. However, according to the figures only 26% actually do so.

Mark Templeton, Murray McCall, and Tom McEntegart (Photo: Chris Watt) Tom McEntegart has joined Anderson Strathern as a partner in the firm's Glasgow office.

Colin Millar, corporate partner at Wright, Johnston & Mackenzie LLP (WJM), highlights some of the potential pitfalls and shortcomings of crowdfunding that can often be overlooked. Rock band Marillion, fronted by Dalkeith’s own Derek Dick aka Fish, is often somewhat unexpectedly c

Louis Taylor has been appointed CEO of the British Business Bank, the UK’s economic development bank, and will take up the role from 1 October. Mr Taylor is currently CEO of UK Export Finance, the UK government's export credit agency.