Search: financial focus

Glasgow City Council's executive director of finance, Martin Booth, is to step down at the end of the year. Mr Booth, who has held the post since May 2018, said it had been "a privilege to work for the city" but wanted to "think about focusing on something new", according to The Herald.

Scottish cloud computing and connectivity provider for financial markets Beeks Financial Cloud has projected strong financial results for FY24, exceeding expectations. The Hillington-based company says it has achieved double-digit growth, driven by strong performance across its private, proximity, a

Legal firm Shoosmiths, which has offices in Edinburgh and Glasgow, has announced its results for the 2023/24 financial year. The firm saw a 6% jump in revenue, up to £206.7 million from £194.1m last year. Its profits also climbed to £66m, a 5% increase from last year’s £

Scottish spirits company Edrington reported an 11% rise in core revenue for the year ending 31 March 2024, reaching £1.16 billion. Profit before tax grew 6% to £411 million. The growth was driven by double-digit sales of The Macallan, particularly in the Asia Pacific region and the globa

There were 19,632 homes built (completed) and 16,404 new builds started in the 2023-24 financial year, signalling a 17% drop (4,150) in comparison to the previous financial year.

AIM-listed Glasgow cloud services company iomart Group has issued a trading update suggesting a solid set of full-year financial results for the year ended 31 March 2024. This update comes ahead of full year results on 11 June 2024. For the year, the group expects to report revenue growth of 10% to

Green challenger bank Tandem has announced five charity partnerships for 2024, including with a charity working to rewild the Scottish Highlands. As well as financial support, the Blackpool-headquartered bank is providing employees with two days of paid volunteering throughout the year, with a targe

Scottish healthcare manufacturer E & O Laboratories Limited has become the latest business to move to an Employee Ownership Trust. Founded in 1990 by Virginia Lucey, the company has become a brand recognised throughout the UK diagnostic sector and across 36 countries worldwide.

Scotland-headquartered garden centre chain Dobbies has appointed Jonathan Wass as chief financial officer. Joining Dobbies from his role as CFO of Cancer Research UK, Mr Wass brings more than 20 years’ experience from across some of the biggest names in UK retail. He is a formerCFO at Boo

Kedras Clinics, a neurotechnology-focused wellbeing therapy provider, has successfully secured a £50,000 loan from the British Business Bank's Investment Fund for Scotland, Smaller Loans fund. Delivered through DSL Business Finance, the loan has empowered Kedras Clinics to open a second locati

Bank of Scotland-owner Lloyds Banking Group has earmarked £450 million to cover potential fines and compensation related to an ongoing investigation by the Financial Conduct Authority (FCA). The FCA is scrutinising whether consumers were charged inflated prices for car loans, focusing on loan

A Scottish CBD-focused manufacturing business has secured a contract to manufacture products for one of the UK’s best known CBD brands after the business owner accessed specialist marketing support from Business Gateway. Established in Perth in 2020, Voyager Life manufactures, supplies and ret

Chivas Brothers, the Scotch whisky arm of Pernod Ricard, has unveiled its H1 FY24 financial results, reporting a -6% decline in organic net sales from July to December 2023. The dip is attributed to market and inventory normalisation after two years of exceptional growth. Despite this, the company m

Deloitte is set to cut approximately 100 jobs in response to the sluggish corporate dealmaking environment. The decision stems from a comprehensive review, leading to considerations for restructuring its advisory corporate finance business. The restructuring will concentrate on larger, sector-focuse

Real estate advisor CBRE has released its latest findings on Scotland's key office markets, focusing on Edinburgh and Glasgow during the final quarter of 2023. While take up was slightly down on the previous three months, Edinburgh and Glasgow are showing positive signs of recovery with significant