Search: financial focus

Nationwide Building Society has posted an underlying pre-tax profit of £980 million while setting aside £108m expected credit losses. It's H1 results show that the building society's pre-tax statutory profits rose 13% year-on-year to £969m from £853m for the half year en

In collaboration with Scottish fintech Inbest, NatWest Group has launched a benefits calculator for its customers.

Livingston Building Services Limited (LBS), a specialist in mechanical and electrical engineering services, which operated from sites in Livingston and Glasgow, has reported exceptional growth in the last year, tripling its turnover and forecasting continued development into 2023. Turnover for the l

Bank of Scotland owner Lloyds has reported a 26% drop in profits in its Q3 results as it braces for more defaults on bad loans. Profits were down to £1.5 billion, lower than the average forecast of £1.8bn as analysts expected a significantly small drop in profits of around 9.5%. However,

KPMG has promoted six colleagues to partner and 96 other colleagues to new positions in Scotland, demonstrating the firm’s continued development and investment in its people. Grant Archer, Terri Costello, Ann Devine, Susan Dunlop, Slim Gueddana and David McKay, all became partners of the profe

STATS Group has appointed Ross Wallace as finance director, strengthening its management board. Mr Wallace joined the STATS in 2011 and has worked in several finance roles, including group financial controller ahead of his promotion to finance director.

Merchant City based recruitment firm Iconic Resourcing has appointed Fiona Longmuir as head of finance & operations. She joins Iconic Resourcing as an integral part of the senior management team, to head up their internal finance function.

Addleshaw Goddard has unveiled the 13 tech businesses chosen for this year's AG Elevate mentoring scheme. From creating a safe metaverse space for children to building industrial scale vertical farming solutions, the high-growth potential businesses selected span the tech economy.

Keith Tully, partner at Real Business Rescue, touches upon the ticking time bomb Scottish businesses are racing up against in the face of the Covid-19 pandemic, which takes the form of the skills and labour shortage, and ambitious technology standards embraced by thriving competitors. The coronaviru

Kilmarnock-based financial services company PRA Group has donated £20,000 to Ayrshire College. The contribution will provide IT equipment for students studying cyber security and support the College’s activities for the 2022-23 academic year.

Bancon Group has bounced back from the pandemic with a 1,250% boost to pre-tax profits, rising from £200,000 to £2.7 million in the latest financial year. The Aberdeenshire housebuilder and construction group saw its turnover rise by £40 million on the previous year to reach £

Shepherd and Wedderburn has reported a 3% rise in net profits, reaching £26 million, in the year to 30 April 2022. The law firm revealed that in addition to its performance-related bonus scheme, colleagues will receive an exceptional bonus of 5% of annual salary.

Contractor GRAHAM has reported profits before tax up by 54% to £19 million in its latest published accounts.

A new report published by the Office for Budget Responsibility (OBR) says "the world is becoming a riskier place" and that the UK's current fiscal direction is "unsustainable".

Scottish renewables company Renewco Power has announced its expansion into the US with the acquisition of several key projects. Renewco has agreed on a deal to acquire a 1.5GW pipeline of early stage utility-scale solar projects alongside 500MW of battery storage projects from Beaufort Rosemary, a V