Two leading energy industry entrepreneurs Doug Duguid and Michael Buchan have launched a family investment company which will support fledgling technology enterprises with development capital and decades of experience gained building international businesses. Indigo 7 Ventures (I7V) will have a focu
Search: financial focus
The St. James’s Place Academy has supported eight financial advisers to launch their own businesses in Scotland since the government’s lockdown measures were announced in March. With three located in Edinburgh, three in Glasgow and two in Aberdeen, the new SME owners collectively represe
Big Four accountancy firm PwC has delayed the publication of its full-year results until next year so that it can delay a decision about the size of its staff bonuses and partner profit distributions. PwC UK usually posts its financial statements for the year to the end of June, alongside its p
Over a quarter (27%) of Scots have been able to increase the amount they save since the start of coronavirus, according to new research from financial services firm Aegon.
Nikhil Rathi has been appointed as the new permanent chief executive of the Financial Conduct Authority (FCA).
Michael Walker, Scottish Friendly’s chairman, is stepping down after 11 successful years. Mr Walker was appointed chairman in January 2009 in the aftermath of the global financial crisis and has overseen the business’s dramatic growth and innovation in the years since.
Neil Mitchinson, director of Edinburgh Asset Finance, details why now is not the time for panic selling and ures that firm's let assets take some of the financial strain during the COVID-19 crisis. When the cry of “Fire!” rings out across a crowded theatre, it is a brave and level-headed
MHA Henderson Loggie has indicated that Scotland's Mergers & Acquisitions (M&A) market will return after the coronavirus lockdown measures have been reduced, but not as we know it. The financial advisory firm has said that deal flow has slowed as coronavirus emergency measures continue to im
Tools for flagging signs of poor quality audits should be used more effectively so timely corrective action can be taken, according to a major review of their use by the Financial Reporting Council (FRC). The FRC’s study looked at the most useful indicators of both poor and good audit quality
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
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
