Search: financial focus

In her second Mansion House speech, delivered last night, the Chancellor, Rachel Reeves unveiled a wide-ranging set of regulatory changes aimed at stimulating growth in the financial services sector. Commenting on the announced plans, Bruce Cartwright CA, CEO of the Institute of Chartered Accountant

Will Wright and Alistair McAlinden from Interpath have been appointed joint administrators to Edinburgh-based cyber security firm Adarma Limited, as it ceases trading. The firm, founded in 2009, had grown to become one of the UK's largest independent cyber security businesses, employing 176 people a

PwC has reduced prices for some of its offerings after clients pointed to the firm's increasing use of artificial intelligence to deliver work more rapidly. The move highlights a growing pressure on consulting firms to share the financial benefits of AI-driven productivity with their customers.

Wealth manager RBC Brewin Dolphin has promoted senior director Zoe Gillespie to head its Glasgow office. Zoe, who is from Glasgow, joined RBC Brewin Dolphin as an investment manager in 2007 after beginning her career as a UK equity dealer at Barclays. Over the course of 18 years at RBC Brewin Dolphi

Glasgow-based whisky giant Edrington, owner of The Macallan, has reported a downturn in its financial performance, with pre-tax profits slumping by 26% and core revenue falling by 10% in the year to the end of March. The company saw pre-tax profits fall to £274.4 million and revenue decline to

Scottish dental group Clyde Munro has announced a three-year multi-million-pound investment plan that will secure the growth and development of its portfolio of dental practices. The group currently cares for around 500,000 patients across Scotland. As part of its plans, the business has announ

Aberdein Considine’s Wealth Division has transitioned to a limited company, Aberdein Considine Wealth Ltd, trading as AC Wealth. This exciting development sees long standing financial planners Russell Anderson, Alan Davidson and Sam Goult appointed as shareholders and paving the way for future

First-time buyers, the self-employed and people borrowing into retirement could benefit from further possible changes to mortgage rules.

More than 80% of small and medium-sized enterprises (SMEs) in Scotland believe the viability of their business is at risk over the next 12 months, according to new research from Aberdein Considine. The survey, carried out by Censuswide on behalf of the legal firm, highlights the mounting economic pr

Bank of Scotland has appointed David McInally as area director for the North of Scotland, reinforcing its commitment to supporting businesses across the region. Mr McInally, who stepped into the role in June, will lead a team of experienced Relationship Managers supporting businesses in the North fr

In recent years, we’ve seen a marked shift in how small and medium-sized enterprises in Scotland approach funding. While debt finance will always have its place, equity deals have become an increasingly attractive option for many business owners and leadership teams, writes Mark Davey. This sh

Azets has revealed it is actively seeking acquisitions to bolster its presence in key UK regions, including London, Birmingham, Manchester, and the east of England. Its Glasgow-based chief executive, Peter Gallanagh, told The Herald the firm also plans to strengthen its position in parts of Scotland

AAB has appointed Paul Turner as corporate finance partner, further strengthening its expanding corporate finance team in Central Scotland. In his new role, Mr Turner will lead AAB’s corporate finance team in Edinburgh, working closely with Iain Walker and colleagues across Central Scotland an

Sterling Furniture Group has confirmed Stewart Robertson as its permanent chief executive. Mr Robertson, former managing director of Rangers Football Club, initially joined Sterling as interim chief executive in December last year, after the appointment of Bernard Dunn – formerly head of UK le

Major accountancy firms are vying to establish a new generation of audits designed to verify the effectiveness and safety of artificial intelligence systems. Deloitte, EY, and PwC have confirmed they are developing AI assurance services, aiming to leverage their established reputations in financial