Search: financial focus

A new report has highlighted that The Young Person’s Guarantee (YPG) has created more than 22,000 or training opportunities for 16-24-year-olds since 2020. The Young Person’s Guarantee was designed to help avoid a surge in youth unemployment following the COVID-19 pandemic. It aims to pr

Scotland's fourth largest independent law firm, Thorntons, has seen its turnover and operating profits returned to pre-Covid growth rates with both increasing by more than 10% compared with the previous year. Turnover increased by 12%, hitting £35 million with operating profit growing by 11% t

UK-wide tanning salon chain Indigo Sun has reported record results with a turnover of over £26 million and nearly £5.6m pre-tax profit in its latest financial year ending September 2022. The family-owned Scottish business has seen both turnover and profits double on the previous financia

The Scottish Government has voted to provide an additional £223 million to local authorities to support pay awards to staff as part of the 2023-24 Scottish Budget. Deputy First Minister John Swinney said an improving financial position enabled him to address some pressing asks. The extra money

Edinburgh-based Stellar Omada has recorded revenue of £16.3 million in the year to 31st December 2022, up from £9.1m in the previous year. The company, which specialises in programme delivery and service management, marked its 4th anniversary in 2022, and CEO Colin Frame says there will

Advanta Wealth, the wealth management company which has offices in Glasgow, Esher, Dundee and London, has announced a three year partnership with the Rugby Players Association (RPA).

Entrepreneur Andy Tait and Texas-based Sallyport Commercial Finance LLC have partnered to launch a commercial lender in Scotland that will back small businesses and provide vital cashflow support. Sallyport Commercial Finance will be based on St Vincent Place in Glasgow and will target companies tur

Investors poured over £450 million into retail properties in Glasgow last year, despite the cost-of-living crisis, record low consumer confidence and hybrid working affecting city centre footfall, according to CoStar Group.

Tax increases on higher earners in Scotland have entrenched the divergence in income tax regimes north and south of the border, financial experts have said. John Swinney, the deputy first minister and interim finance secretary, yesterday announced an increase in the higher and top rates of income ta

Plant hire firm Morris Leslie has posted record pre-tax profits of £12.7 million, in its latest accounts made up to 30 April 2022. The results, the highest in the Perthshire business' 48-year history, have been attributed to a post-Covid resurgence in the construction industry along with a maj

The majority of UK equity capital markets leaders (72%) expect to see the UK IPO market make a broad return in the second half of 2023, according to a new survey from KPMG UK. Almost one in three expect to see some bursts of early IPO activity in the first half of 2023, with these views being shared

Employment law specialist Catriona Aldridge discusses how environmental, social, and corporate governance (ESG) can help employers with recruitment and reduce turnover. At a time of labour shortages and rising wage demands, implementing workforce ESG strategies can make an employer stand out to pros

PRA Group, global financial services and debt acquisition firm, has celebrated 10 years of business since establishing its Scottish base in Kilmarnock.  UK government minister for Scotland Malcolm Offord joined PRA Group president and CEO Kevin Stevenson, other local leaders and employees to ma

Addleshaw Goddard has announced partner Alan Shanks as its new head of Scotland. Mr Shanks, who currently heads the firm's finance & projects team north of the border with a focus on the transactions in the energy sector, takes over leadership of Addleshaw Goddard's Scottish operations from fell

The Edinburgh International Conference Centre (EICC) has recently secured two global energy conferences for 2023, with InterPore2023, and HYDRO 2023 set to see thousands of delegates arrive in Edinburgh next year, contributing millions of pounds in economic benefit to the city and region.