Chris Dunn, partner at Brodies LLP, details the current issues facing Scottish housing associations in terms of banking and finance in the current COVID-19 climate. Amongst the multitude of issues currently facing housing associations during the COVID-19 pandemic, one focus of FDs and boards ne
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The Bank of England has announced a second cut to interest rates amid a series of measures in response to the coronavirus pandemic. The Bank's Monetary Policy Committee (MPC) has voted to bring the interest rate to 0.1%, down from 0.25%, the lowest rate in its history and the second cut in just over
Ice cream producer Mackie’s of Scotland has recorded a 20% increase in annual turnover to £16.7 million with a 60% spike in operating profits to £2.1m, for the financial year ending May 2019. Soaring chocolate sales and ice cream growth that bucked a wider market decline have combi
Financial services graduates must have the skills to deliver security to clients facing multiple career changes due to the changing 21st-century employment landscape, Chris Divito from Edinburgh Napier University has warned. Mr Divito is the newly appointed associate professor at Edinburgh Napier&rs
Mid-market private equity firm LDC said it would seek to increase its investment in UK companies to reach £1.2 billion during 2020, with Scotland being a strategic focus for the investor. LDC, part of Lloyds Banking Group, said the role of private equity in supporting the UK’s small and
Royal Bank of Scotland Group's investment arm bosses Chris Marks and Richard Place have stepped down as chief executive officer and chief financial officer of NatWest Markets Plc (NWM) respectively. Mr Marks has also stepped down as chair, and Mr Place as a member of the NatWest Markets N.V (MWM.N.V
Accountancy and business advisory firm BDO LLP has strengthened its business restructuring team with the appointment of director Kevin Lamb in its Edinburgh office. Mr Lamb joins from RSM after five years in its restructuring team.
Andrew Bell, chief commercial officer at Hampden & Co discusses the importance of balancing new tactics for growth and maintaining the qualities which drew current clients to the firm. When financial services companies move through a series of growth phases, opportunities and challeng
Aberdein Considine has strengthened its Lender Services Practice Group (LSPG) with the appointment of UK banking veteran Colin Soulsby. Mr Soulsby has left his senior role with the Royal Bank of Scotland to join the firm in a newly-created relationship management role.
Core-Asset Consulting has appointed Chris Donald to its Edinburgh branch as senior business manager. Mr Donald joined from Change Recruitment - where he was employed in a similar role and spent eight years developing an intimate understanding of the financial services sector in Scotland.
Benny Higgins has been appointed as non-executive chairman of Anderson Anderson & Brown Wealth Ltd. Mr Higgins has held senior roles in the financial services industry over the last 30 years. He was CEO of Tesco Bank for ten years, prior to this he was CEO of RBS and NatWest, Retail Banking, whi
The Association of Chartered Certified Accountants (ACCA) and CFA Institute partnered to celebrate Global Ethics Day yesterday and hosted a debate on bringing trust back into financial markets. The debate, hosted by Sirpa Pietikäinen, MEP at the European Parliament in Brussels, discussed bringi
Glasgow headquartered fit-out and M&E specialist Morris & Spottiswood has confirmed another strong performance with the publication of its year-end financial results for 2018. Turnover for the year ended December 31, 2018 stood at £82.4 million, up 2% on 2017, and underlying profitabil
DSL Business Finance (DSL) has appointed two more loan officers to support business growth and development in Scotland. Mark Lagan and Paul Toner are due to join the DSL team, providing a combined total of 29 years of financial services experience.
The British banking system is an ‘accident waiting to happen’ according to a new report released this week by the Adam Smith Institute, nearly 12 years after the run on Northern Rock heralded the beginning of the financial crisis.
