Search: financial focus

Johnston Carmichael has expanded its private client tax team, welcoming senior tax manager Margaret Heggie and announcing a series of promotions. Ms Heggie joins the firm with more than 25 years of experience of providing specialist tax advice on international tax, trusts, capital gains and high net

Edinburgh-based AI fintech firm Aveni.ai has secured £11 million in Series A funding. The funding round was led by Puma Private Equity with participation from Lloyds Banking Group, Nationwide and existing investors Par Equity and Scottish Enterprise.

Industry leaders have voiced their perspectives on the UK government's proposed measures aimed at addressing economic challenges and fostering growth, outlined in the King's Speech.

Henderson Loggie business recovery and insolvency partner Shona Campbell has been appointed by the directors of Charles Henshaw & Sons Ltd as administrator. The 120-year-old Edinburgh-based façade specialist has entered administration due to financial pressures from legacy contracts and p

South Lanarkshire Council has revealed it is facing a budget shortfall exceeding £77 million over the next three fiscal years.

abrdn and the University of Edinburgh have announced a pioneering project out of their partnership Centre for Investing Innovation that will seek to harness generative artificial intelligence (AI) to support the firm’s investment research process. Bringing together expertise from the investmen

Revolut has posted a 95% surge in revenues to $2.2 billion (around £1.74bn), and a record profit before tax of $545 million (around £430m), marking the fintech's third consecutive year of profitability. The company attributed its success to a focus on core banking services in Europe, str

EY Scotland has appointed seven new partners and elevated an existing partner to equity partner. Will Asher, Mark Higgins, Laura Mitchell, Fiona Queen, Richard Rainey, Ross Robertson, and Mike Winn have been appointed partners. Tom Sanders, who was appointed partner in the Aberdeen practice in

Paul Denton, CEO of Scottish Building Society, has been elected president of The Chartered Banker Institute, the first time in the body’s near 150-year history that a building society representative has held the post. The Chartered Banker Institute is a global industry body headquartered in Sc

Holiday specialist Caledonian Leisure has reported profit after tax of £1.4 million on turnover of £55m for 2023.

RBS-owner NatWest Group has agreed to buy a significant portion of Sainsbury's banking business. The banking group will acquire approximately £2.5 billion of gross customer assets, comprising £1.4bn of unsecured personal loans and £1.1bn of credit cards balances, together with appr

The productivity of mid-sized businesses (MSB) in Scotland is being dragged down by a lack of key skills, according to new data from leading business and financial adviser Grant Thornton UK LLP.

Medium-sized businesses are more optimistic than smaller firms with economic and geopolitical uncertainty, recruitment problems, investment in cybersecurity and talent acquisition the key concerns according to the latest Azets Barometer Survey. The survey, which researched UK businesses during April

The Scottish Space Network (SSN) has formed a strategic partnership with New York-based Sustainable Alpha to unlock investment for the Scottish, UK, and international space sectors. The collaboration will focus on identifying the funding needs of the fast-growing industry and developing a comprehens

The Scottish National Investment Bank (SNIB) has been faced with a significant budget reduction, potentially limiting its investment capacity and ambitions to become self-sustaining. Holyrood has allocated £181 million to SNIB in its latest budget for the bank to use between April 2024 an