Search: financial focus

The last Domino's locations in Italy have now been closed after the country's franchise operator ePizza SpA filed for bankruptcy. The firm operating the brand's Italian operations was forced into insolvency after being unable to recover from the effects of the pandemic. The company initially filed f

National law firm Weightmans, which has an office in Glasgow, has announced its financial results for the 21/22 financial year as it awards £1.5 million in bonuses to its people. Total income increased by 5% to £103.2m. Net profit increased by 25% from £9m to £11.3m in the 12

Big Four firm KPMG is set to be fined £14.4 million after a Financial Reporting Council (FRC) tribunal found that its auditors deliberately misled regulators during routine inspections of its audit of collapsed government contractor Carillion. The £14.4m fine for KPMG would be the second

Speaking ahead of the Spring Statement tomorrow, Vishal Chopra, head of tax in Scotland for KPMG UK, highlights his predictions. The Spring Statement wasn’t intended to be used to launch significant new tax-related measures, but an intensifying cost of living crisis, coupled with what many exp

International law firm Pinsent Masons has completed a move into new offices in the centre of Edinburgh’s financial district. Pinsent Mason partners Julia Maguire, Ewan Alexander, Michael Watson, Jim Cormack and Jacqueline Harris at their new Capital Square office.

Exizent, the Glasgow-based technology firm, has appointed Graeme Jones, the former CEO of Scottish Financial Enterprise, as a senior adviser to its board. Mr Jones brings has decades of senior management experience within some of the UK’s leading financial institutions and extensive strategic

Financial mutual Scottish Friendly has appointed Stephen Percival as its new interim finance director. Mr Percival is the former chief financial officer (CFO) at Standard Life and has nearly 25 years’ experience working in regulated insurance companies.

Investment management firm Trillium Asset Management has appointed three new members of staff to its Edinburgh office. The firm welcomes Andrea Zdanaviciute as an Environmental, Social and Governance (ESG) research specialist, Melanie Miao as an investment analyst and Vickie Little as office manager

Wealth manager James Hambro & Partners has recruited 7IM’s head of financial planning, George Martineau. Mr Martineau, who will become a partner at JH&P, joins his former colleague, Alex Montgomery, in the firm’s new Edinburgh office in Fountainbridge from 1st October.

Souter Investments, the private equity focussed family investment office, has continued its deal-making during 2021 having completed three new investments. The firm has invested in sustainable fashion brand Celtic & Co, supported the merger of Climate Care and Natural Capital Partners and backed

Donna Paton has been appointed as director of finance at West of Scotland Housing Association (WSHA) following the retirement of current director, Colin MacCallum. Having started in the post in early June, Donna will be responsible for the development of our strategy, policy and performance in respe

Bank of Scotland owner Lloyds Banking Group has posted £1.9 billion of pre-tax profits for the first quarter of this year, as the group released some of the provisions it had made for potential loan losses after the coronavirus outbreak. The bank released £459m from its cash reserve

Addleshaw Goddard has promoted legal director Jan Gruter to the role of partner. Me Gruter joined the firm in 2018 as legal director, and has acted on behalf of a range of asset and fund management clients, especially private equity, real estate and infrastructure fund managers. In his role as legal

As the deadline to apply for a payment deferral ends on 31 March 2021, the Financial Conduct Authority (FCA) wants to reassure consumers in financial difficulty that support will continue to be available under the Tailored Support Guidance (TSG). Payment deferrals allowed firms to deal with unpreced

Savills plc, the international real estate advisor, has announced its preliminary results for the year ended 31 December 2020, revealing a 9% drop in group revenue to £1.74 billion. The firm said resilient revenues from less transactional services significantly mitigated a reduction in transac