Finance
Audit Scotland: Scottish councils should tighten controls after £1.1m Aberdeen fraud case
Published 2 months ago
All Scottish councils must learn from the weaknesses that allowed an Aberdeen City Council employee’s £1.1 million fraud go undetected over 17 years, the Accounts Commission has urged.
Read on www.scottishfinancialnews.com →
FinTech Scotland Cluster sees strong growth as sector employment rises 8%
Published 2 months ago
The FinTech Scotland Cluster has recorded an 8% year-on-year employment growth during 2024 bringing the total number of people working in fintech to over 11,300.
Read on www.scottishfinancialnews.com →
FRP Advisory appointed as Connect Modular enters administration
Published 2 months ago
Michelle Elliot and Callum Carmichael, partners at FRP Advisory, have been appointed joint administrators of Connect Modular Limited on 6 January.
Read on www.scottishfinancialnews.com →
Nine-year ban for director of over 400 companies
Published 2 months ago
A key figure in a scheme designed to undermine the insolvency system has been banned as a company director for nine years.
Read on www.scottishfinancialnews.com →
Scotcoin targets £200m valuation in February listing
Published 2 months ago
Scotcoin is set to be listed on a major cryptocurrency exchange in February 2025, which will see the project valued at $250 million (£200m) on its market debut.
Read on www.scottishfinancialnews.com →
Edinburgh fintech BR-DGE experiences 10x growth in transaction value
Published 2 months ago
Edinburgh-based payment orchestration provider BR-DGE has recorded a significant transaction volume uplift and made a spate of new senior hires in 2024 as the company scales rapidly to meet unprecedented demand in 2025 for its modular services.
Read on www.scottishfinancialnews.com →
Thomson Cooper called in as Blairgowrie Holiday Park operator liquidated
Published 3 months ago
Richard Gardiner of Thomson Cooper Accountants has been appointed liquidator of Heritage Park Estates Limited, the company operating Bendochy Park in Blairgowrie.
Read on www.scottishfinancialnews.com →
BoE keeps interest rates frozen after November inflation ticks up
Published 3 months ago
The Bank of England’s (BoE) Monetary Policy Committee (MPC) has voted to hold interest rates at 4.75%, following a slight uptick in inflation in November.
Read on www.scottishfinancialnews.com →
KPMG narrows gap with strongest growth among Big Four
Published 3 months ago
KPMG has posted a 5.4% rise in global revenues to $38.4 billion (c. £30.5bn), outpacing its Big Four rivals in terms of revenue growth in the past year.
Read on www.scottishfinancialnews.com →
Edinburgh tech company Workpro secures equity injection of £500k
Published 3 months ago
Edinburgh tech company Workpro has secured an additional £500,000 equity investment from existing sources as well as three new investors, including Capital for Colleagues.
Read on www.scottishfinancialnews.com →
Two appointments at VAT & Indirect Tax Advisors
Published 3 months ago
Glasgow-based VAT & Indirect Tax Advisors (VITA) has expanded its team with two new appointments.
Read on www.scottishfinancialnews.com →
November’s Scottish company insolvencies rise 5% year-on-year
Published 3 months ago
In November 2024, there were 114 company insolvencies registered in Scotland, 5% higher than the number in November 2023.
Read on www.scottishfinancialnews.com →
Auditors raise concerns over Ferguson Marine’s future
Published 3 months ago
Audit Scotland has raised concerns over the future of the publicly-owned Ferguson Marine Port Glasgow (FMPG), highlighting uncertainty as no more work is secured beyond the completion of MV Glen Rosa (802).
Read on www.scottishfinancialnews.com →
FCA unveils plans for new private stock market PISCES
Published 3 months ago
The Financial Conduct Authority (FCA) has unveiled plans for a new private stock market system, PISCES (The Private Intermittent Securities and Capital Exchange System), aimed at revitalising London’s IPO landscape and granting investors easier access to unlisted companies.
Read on www.scottishfinancialnews.com →
Sweeping accounting changes to affect Scottish businesses
Published 3 months ago
Upcoming changes to lease accounting standards are set to impact all businesses when they come into force, introducing new complexities for property owners, leaseholders and lenders alike, Henderson Loggie has warned.
Read on www.scottishfinancialnews.com →
Audit Scotland: Scottish councils should tighten controls after £1.1m Aberdeen fraud case
Published 2 months ago
All Scottish councils must learn from the weaknesses that allowed an Aberdeen City Council employee’s £1.1 million fraud go undetected over 17 years, the Accounts Commission has urged.
Read on www.scottishfinancialnews.com →
FinTech Scotland Cluster sees strong growth as sector employment rises 8%
Published 2 months ago
The FinTech Scotland Cluster has recorded an 8% year-on-year employment growth during 2024 bringing the total number of people working in fintech to over 11,300.
Read on www.scottishfinancialnews.com →
FRP Advisory appointed as Connect Modular enters administration
Published 2 months ago
Michelle Elliot and Callum Carmichael, partners at FRP Advisory, have been appointed joint administrators of Connect Modular Limited on 6 January.
Read on www.scottishfinancialnews.com →
Nine-year ban for director of over 400 companies
Published 2 months ago
A key figure in a scheme designed to undermine the insolvency system has been banned as a company director for nine years.
Read on www.scottishfinancialnews.com →
Scotcoin targets £200m valuation in February listing
Published 2 months ago
Scotcoin is set to be listed on a major cryptocurrency exchange in February 2025, which will see the project valued at $250 million (£200m) on its market debut.
Read on www.scottishfinancialnews.com →
Edinburgh fintech BR-DGE experiences 10x growth in transaction value
Published 2 months ago
Edinburgh-based payment orchestration provider BR-DGE has recorded a significant transaction volume uplift and made a spate of new senior hires in 2024 as the company scales rapidly to meet unprecedented demand in 2025 for its modular services.
Read on www.scottishfinancialnews.com →
Thomson Cooper called in as Blairgowrie Holiday Park operator liquidated
Published 3 months ago
Richard Gardiner of Thomson Cooper Accountants has been appointed liquidator of Heritage Park Estates Limited, the company operating Bendochy Park in Blairgowrie.
Read on www.scottishfinancialnews.com →
BoE keeps interest rates frozen after November inflation ticks up
Published 3 months ago
The Bank of England’s (BoE) Monetary Policy Committee (MPC) has voted to hold interest rates at 4.75%, following a slight uptick in inflation in November.
Read on www.scottishfinancialnews.com →
KPMG narrows gap with strongest growth among Big Four
Published 3 months ago
KPMG has posted a 5.4% rise in global revenues to $38.4 billion (c. £30.5bn), outpacing its Big Four rivals in terms of revenue growth in the past year.
Read on www.scottishfinancialnews.com →
Edinburgh tech company Workpro secures equity injection of £500k
Published 3 months ago
Edinburgh tech company Workpro has secured an additional £500,000 equity investment from existing sources as well as three new investors, including Capital for Colleagues.
Read on www.scottishfinancialnews.com →
Two appointments at VAT & Indirect Tax Advisors
Published 3 months ago
Glasgow-based VAT & Indirect Tax Advisors (VITA) has expanded its team with two new appointments.
Read on www.scottishfinancialnews.com →
November’s Scottish company insolvencies rise 5% year-on-year
Published 3 months ago
In November 2024, there were 114 company insolvencies registered in Scotland, 5% higher than the number in November 2023.
Read on www.scottishfinancialnews.com →
Auditors raise concerns over Ferguson Marine’s future
Published 3 months ago
Audit Scotland has raised concerns over the future of the publicly-owned Ferguson Marine Port Glasgow (FMPG), highlighting uncertainty as no more work is secured beyond the completion of MV Glen Rosa (802).
Read on www.scottishfinancialnews.com →
FCA unveils plans for new private stock market PISCES
Published 3 months ago
The Financial Conduct Authority (FCA) has unveiled plans for a new private stock market system, PISCES (The Private Intermittent Securities and Capital Exchange System), aimed at revitalising London’s IPO landscape and granting investors easier access to unlisted companies.
Read on www.scottishfinancialnews.com →
Sweeping accounting changes to affect Scottish businesses
Published 3 months ago
Upcoming changes to lease accounting standards are set to impact all businesses when they come into force, introducing new complexities for property owners, leaseholders and lenders alike, Henderson Loggie has warned.
Read on www.scottishfinancialnews.com →