Search: financial focus

A new industry report conducted by the Horticultural Trades Association (HTA) reveals that the government’s current proposed aid package does not work for the horticultural industry and that a third of UK growers claim they will be insolvent by the end of June because of the impact of coronavi

Marketing Edinburgh, Edinburgh's tax-payer funded tourism marketing company, has been fined for failing to file its accounts on time.

HSBC has announced that its profits before tax have dropped by 48% to $3.2 billion as the coronavirus pandemic wreaks havoc on the global economy.

Up to 30,000 jobs could be lost in the oil and gas industry as the sector faces a bleak future, according to a new report from Oil and Gas UK (OGUK).

Scottish businesses are missing out on thousands of pounds of unclaimed tax credits, according to new figures from innovation funding consultancy Leyton. Leyton’s clients – 85% of which are SMEs – claimed an average of £78,000 in R&D tax credits last year.

Catherine Burnet, a chartered accountant and the regional chair for KPMG in Scotland, has been appointed as the new President of the Institute of Chartered Accountants of Scotland (ICAS) for 2020/21. Mr Burnet, who is also a member of the Financial Services Advisory board to Scottish Government, was

Springfield Properties has agreed an additional £18 million loan facility with Bank of Scotland as it prepares to navigate the uncertainty surrounding the current lockdown. The housebuilder said the additional support gives the group “sufficient headroom, should it be necessary, to withs

Anderson Anderson & Brown (AAB) chartered accountants and business advisors has appointed Alasdair Green as head of E&P (Exploration and Production). Having been instrumental in developing AAB’s presence in the upstream oil and gas sector in his previous role by dr

Katharine Wooller, managing director at Dacxi and Eire, a crypto-based platform which helps bring cryptocurrency to 'the crowd', discusses how the coronavirus pandemic is killing cash and what might replace it. The first time I saw a shop declaring itself cashless, it was unusual enough I took a pic

The Financial Conduct Authority (FCA) will be introducing a package of measures outlined last week to support consumer credit customers facing payment difficulties due to coronavirus.

Commercial insurance firms are removing cover from their policies because of the coronavirus pandemic, according to the latest data from Mactavish.

Results from the latest British Chambers of Commerce (BCC) Coronavirus Business Impact Tracker have revealed that the vast majority of businesses surveyed have furloughed a proportion of their workforce.

Consumer rights organisation Which? has claimed that the UK's largest airlines and holiday provers are breaking the law by either refusing to refund customers or issuing credit notes automatically for cancelled flights and package holidays.

Robin Dandie, partner and head of rural at Johnston Carmichael, discusses the impact of the coronavirus pandemic on farming and rural businesses. At the beginning of the lockdown it seemed like much of the agricultural sector would be relatively unaffected, but within a couple of weeks it has now be

The Competition and Markets Authority (CMA) has ordered Metro Bank to repay more than £10.5 million to customers after it breached a legal order by failing to send texts warning people about unarranged overdraft charges. The bank was found to have breached Part 6 of the CMA's Retail Banki