Search: financial focus

Scottish biotechnology firm MiAlgae has appointed Simon Durrant as chief financial officer (CFO) as it prepares for significant growth, including a new industrial-scale production facility in Scotland planned for later this year. MiAlgae’s circular technology repurposes by-products from whisky

While much attention was focused on last week’s Spring Statement delivered by Rachel Reeves, most employers are preparing themselves for later this week when her plan to increase National Insurance Contributions (NIC), outlined in the Autumn Budget, comes into effect, writes Craig Rothnie. Whe

Geoff Jacobs and Alistair McAlinden have been appointed as joint administrators to Dovetail Enterprises (1993) Limited, trading as Dovetail, on 28 March 2025. Dovetail is a well-known registered charity and manufacturer of safety doors, mattresses and bed bases. The business, which is based in Dunde

Lloyds Banking Group has announced it is strategically enhancing its artificial intelligence (AI) capabilities by training 200 senior leaders through an intensive 80-hour programme – "Leading with AI". Delivered in partnership with training provider Cambridge Spark and experts from Cambridge U

The financial woes at notable Scottish universities are making headlines. Faced with rising costs, including staff pension provisions and salaries and new immigration rules (responsible in part for reduced income streams), decision makers at the University of Edinburgh and University of Dundee face

The University of Dundee is facing a "real possibility" of insolvency after admitting to "misleading" financial information, Members of the Scottish Parliament (MSPs) have been told.

Robertson Group has reported a 23% increase in revenue today in its financial results to year end 30 June 2024. Revenue of £825 million, up from £670m during the previous year, was in line with forecast, following a year of mixed trading performance across the portfolio with a number of

Wood Group has appointed Iain Torrens as interim chief financial officer (CFO). Mr Torrens will also join the company’s board as an executive director, effective immediately. His appointment is interim while the company conducts a comprehensive search process for a permanent CFO, followin

Turnover at Thorntons has increased by 16% year-on-year as it continues to grow its legal services. Gross income grew to almost £44 million for the financial year ending May 31, 2024, compared with £37.8m the previous financial year. Profits rose by 35%, growing to £12.4m compared

Two senior industry figures are to be appointed to the board of Scottish Financial Enterprise. Santander UK’s Andrew Wilson and Capco’s Roland Inglis were selected following a competitive process and bring extensive experience in industry and across Scottish public life to the SFE board.

First Minister John Swinney has signed an updated Partnership Agreement with the City of London Corporation. The agreement focuses on shared priorities, including securing investment in Scotland, advancing new technologies, funding nature projects, and promoting Scotland’s financial sector glo

A Japanese man has made headlines with his unique property investment strategy which has earned him rental income worth ¥140 million (c. £726,000) from 200 run-down houses he has bought over the past few years. Since childhood, Hayato Kawamura, a 38-year-old from Osaka, has been fascinated

Charity Finance Group (CFG) has appointed Hugh Wallace as chair of its board of trustees. Mr Wallace, a board member since January 2023, has taken the reins from interim chair Kevin O'Brien, who had served in the post since April 2024.

Aberdein Considine has been awarded Debt Recovery Team of the Year at The Herald’s Law Awards of Scotland 2024. The awards, which took place on Friday 15 November, celebrate the influential figures and firms in the Scottish legal sector.  

BlackRock, the global investment manager, has announced it is joining FinTech Scotland, the cluster management organisation for the fintech sector in Scotland. The announcement comes as BlackRock continues to develop local knowledge and talent as it expands in Scotland.