Search: financial focus

Creative and market intelligence agency AstroAgency, which specialises in the business of space, plans to grow following a raft of client wins.

Edinburgh-headquartered private bank Hampden & Co has appointed Angus Macpherson to its board as a non-executive director. Mr Macpherson, who is the CEO of investment bank Noble & Co, also based in Edinburgh, is also chairman of Henderson Diversified Income PLC, chairman of Pacific Horizon I

The number of corporate insolvencies seen across Scotland rose by 40 percent in the third quarter of 2021, as inflation and supply-chain pressures started to bite and government Covid-19 support measures began to unwind, new analysis shows. Interpath Advisory analysed notices in The Gazette to find

The number of corporate insolvencies in Scotland rose by 29.4 per cent to 211 in July-September this year – compared with the April-June figure of 163. Creditors’ Voluntary Liquidations meanwhile rose to 179 for July-September – an increase of 35.6 per cent on the 132 recorded for

Accountancy firm Douglas Home & Co has warned that up to half of farm businesses could see profits wiped out entirely within three years as a result of subsidy changes. As part of Brexit, the Basic Payment Scheme is being phased out between 2021 and 2028, meaning farmers could lose between 50-70

Balfour Beatty has reached an agreement for the conversion of its £375 million revolving credit facility (RCF) to the largest sustainability linked loan in the UK construction industry to date, extending the maturity to October 2024.

People in the UK are withdrawing nearly £100 million less per day from ATMs compared with 2019, according to cash machine network Link. Prior to the COVID-19 pandemic, UK consumers visited ATMs three times a month on average. However, now ATM visits have declined to less than twice a month on

Smaller businesses account for almost a third (30%) of all current UK greenhouse gas emissions (including emissions from households, industry and government) and around half (50%) of total emissions from UK businesses, the British Business Bank estimates. Its latest research report, smaller bus

UK Finance has announced that the national roll-out of the new £100 spending limit for contactless card payments will begin today. Consumers will start to see retailers accepting contactless card payments up to £100, which will give them more flexibility when shopping in store. This will

Finance and economy secretary Kate Forbes will stress the need for the forthcoming review of Scotland’s devolved fiscal arrangements to be wide-ranging when she meets the new chief secretary to the treasury Simon Clarke in London today. Ms Forbes said: “We have faced unprecedented econom

Customers of Bank of Scotland owner Lloyds Bank spent a fifth more on household energy (24%) and fuel (20%) in the last fortnight, according to the latest analysis of the bank’s debit card spend. Across the UK, people spent a fifth (20%) more at petrol stations in the past two weeks, compared

NatWest has announced a series of initiatives, leading with a target to provide £100 billion of Climate and Sustainable Funding and Financing (CSFF) by the end of 2025. The announcement comes as the lender publishes a report setting out the potential opportunity that exists for the UK economy

The UK economy grew by 0.4% in August, according to the latest figures from the Office for National Statistics (ONS).

An additional £450,000 has been made available as part of Scotland’s Events Recovery Fund to help the return of events across the country.

The UK Government has introduced legislation designed to support small businesses following the end of restrictions on winding up petitions on 30 September, writes Joanne Gillies, partner at Pinsent Masons. The Corporate Insolvency and Governance Act 2020 (CIGA) introduced in June 2020 restrict