Search: financial focus

Johnston Carmichael has moved into a new, state-of-the-art office in Elgin Business Park, and appointed Scott Dunbar as head of office. The purpose-built and open plan office has now officially opened, welcoming 110 team members and representing a new chapter for the firm which was founded in Moray

Royal Bank of Scotland (RBS) and Bank of Scotland (BoS), in conjunction with government grants, have provided £50 million in funding to support Kingdom Group's ongoing commitment to building high-quality affordable homes across Scotland. The funding will support the social housing provider's d

Burges Salmon has reported a 27% increase in turnover to £163 million, and a 46% increase in net profit to £50.5m from £34.6m. The independent UK law firm, which recently celebrated the fifth anniversary of its Edinburgh office, today published its results for the financial year en

Total UK fintech investment hit $7.3 billion in the first half of 2024, up from $2.5bn in the same period in 2023, according to KPMG’s latest Pulse of Fintech report, a bi-annual report on fintech investment trends published this week.

Scottish candle making supply giant Candle Shack has recorded 14% revenue growth driven by rapid expansion in mainland Europe. The Falkirk-based firm, the UK’s leading candle making and training supplier, which also has a site in The Netherlands, grew revenues from £11.9m to £13.4m

Ash Sheikh, director of sales and marketing at Muir Homes, reflects on the recent cut in interest rates and its effect on the house building market. I am sure I am not the only one who was pleased with the Bank of England’s Monetary Policy Committee’s decision to cut interest rates by 0.

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