Search: financial focus

The Medical Device Manufacturing Centre (MDMC), a consortium led by Heriot-Watt University in Scotland, has received a significant financial boost with an additional £3.35 million funding from Scottish Enterprise. This investment, announced by the Scottish Government’s Cabinet Secretary

The House of Lords' Economic Affairs Committee has stated that reforms are needed to improve the Bank of England's performance and accountability to parliament.

Amidst the economic turbulence of high inflation, soaring public debt, and the highest tax burden since World War Two, Armstrong Watson's experts comment on what to expect as the Autumn Statement approaches with high anticipation. Chancellor Jeremy Hunt is poised on a tightrope, balancing calls for

Perthshire-based Davidsons Chemists is set to boost its sales by as much as £10 million this year, targeting a turnover of £65-70m. This growth trajectory follows the acquisition of five Lloyds pharmacies across Scotland, enhancing its presence to over 50 outlets. Managing director Allan

Soaring corporation taxes of up to 25%, shrinking allowances and new advance payment rules are projected to affect more than 40% of Scots’ businesses with year ends between December 2023 and March 2024, seriously affecting cash flow and investment, a business tax expert has warned. Mark Pryce,

Accountancy firm Johnston Carmichael has intensified its commitment to fostering talent by welcoming 90 new students to the firm.

Law firm Burges Salmon, which has a major office in Edinburgh, has reported an 8% increase in turnover to £128.2 million in the latest financial year. In the financial year ending 30 April 2023, the firm also saw a dip in profit per equity partner (PEP) from £517,000 to £466,000 as

Highland Spring Group, producer of natural source water brands, revealed an increase in its underlying operating profit to £4.5m in its latest financial results for the year ending 31 December 2022.

Scottish clean tech software and data company Heero Technologies has clinched an investment worth £550,000 from The TRICAPITAL Syndicate, Scottish Enterprise, and Mint Ventures. The financial injection is intended to further develop and scale the business' energy efficiency application and web

Walker’s Shortbread has reported a 16% annual turnover increase in its latest financial release, reaching £164.6 million, up from £142.4m in the preceding year.

Aberdeen's Forrest Training, a training provider specialising in first aid, mental health, and social care, has reported a staggering 65% increase in monthly sales. The significant growth came on the back of expert advice and support from Business Gateway.

C&C Group, the owner of Tennent’s Lager, has reported an upswing in its business activities despite facing a financial setback due to an IT system upgrade mishap, which incurred a €25 million (around £21.65m) cost.

Shepherd and Wedderburn has appointed Sam Clarke as a partner in the law firm's real estate finance group. Joining from Acuity Law, where he was head of real estate finance, Mr Clarke brings over 16 years’ experience advising financial institutions, developers, investors and listed corporates

Development lender Atelier has appointed Bruce Robertson to spearhead the further expansion of its lending to property developers in Scotland. Edinburgh-based Bruce is an experienced relationship director in the Scottish property market and his career also includes 30 years of progressively senior r

The Kingdom Group has appointed Leigh Grubb as its new executive director of finance. An experienced chartered accountant, Mr Grubb joins Kingdom from Caledonia Housing Association where he served as director of finance and governance, and has been a member of Caledonia’s executive management