Finance
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 →
£52m facility to fund new student development in Edinburgh
Published 3 months ago
Work on Edinburgh’s new purpose-built student accommodation development can begin in earnest after Vita Group appointed contractors and secured funding for the project.
Read on www.scottishconstructionnow.com →
Abrdn: Cautious optimism for 2025 despite ‘Trump 2.0’ uncertainty
Published 3 months ago
Abrdn has published its latest quarterly House View report, expressing cautious optimism on the macro-economy and investment outlook, despite the uncertainties surrounding the “Trump 2.0” presidency.
Read on www.scottishfinancialnews.com →
Members share £4.6m windfall as Glasgow Credit Union celebrates record year
Published 3 months ago
Glasgow Credit Union has announced a record £4.6 million return to its members following the approval of a 3% annual dividend at its Annual General Meeting (AGM).
Read on www.scottishfinancialnews.com →
KPMG: Easing cost pressures support bullish prospects for 2025 among Scotland’s private firms
Published 3 months ago
Nine in 10 (90%) privately owned Scottish firms feel optimistic about their growth prospects as they head into 2025, according to KPMG UK.
Read on www.scottishfinancialnews.com →
World’s oldest accountancy body celebrates 170 years
Published 3 months ago
The Institute of Chartered Accountants of Scotland (ICAS) marks its 170th anniversary this month, celebrating its position as the world’s oldest professional body for chartered accountants.
Read on www.scottishfinancialnews.com →
UK economy contracts for second consecutive month
Published 3 months ago
The UK economy unexpectedly contracted by 0.1% in October, marking the second consecutive month of decline.
Read on www.scottishfinancialnews.com →
Loganair weathers storms to post £6.9m profit
Published 3 months ago
Loganair has reported £6.9 million profit for the financial year ending 31 March 2024.
Read on www.scottishfinancialnews.com →
Apex Traffic Management’s employees take the wheel
Published 3 months ago
The 108 employees of a growing Scottish traffic management company have become its new owners.
Read on www.scottishfinancialnews.com →
Knight Frank: Utilities and tech to power economic growth of Scotland’s largest cities to 2050
Published 3 months ago
Knight Frank predicts that the utilities and information & communications sectors will dominate economic growth in Aberdeen, Edinburgh, and Glasgow through 2050.
Read on www.scottishfinancialnews.com →
RSL finances ‘weakened’, but Regulator projections show ‘medium-term improvement’
Published 3 months ago
A new report by the Scottish Housing Regulator has concluded that the finances of registered social landlords finances have weakened, resulting in less financial headroom, but forecasts have predicted some improvement in the medium term.
Read on www.scottishhousingnews.com →
HMRC accused of turning a blind eye to Chinese tax evasion
Published 3 months ago
HMRC has come under fire over accusations of overlooking widespread tax evasion by Chinese “burner” companies operating on online marketplaces like Amazon, eBay, and Temu.
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 →
£52m facility to fund new student development in Edinburgh
Published 3 months ago
Work on Edinburgh’s new purpose-built student accommodation development can begin in earnest after Vita Group appointed contractors and secured funding for the project.
Read on www.scottishconstructionnow.com →
Abrdn: Cautious optimism for 2025 despite ‘Trump 2.0’ uncertainty
Published 3 months ago
Abrdn has published its latest quarterly House View report, expressing cautious optimism on the macro-economy and investment outlook, despite the uncertainties surrounding the “Trump 2.0” presidency.
Read on www.scottishfinancialnews.com →
Members share £4.6m windfall as Glasgow Credit Union celebrates record year
Published 3 months ago
Glasgow Credit Union has announced a record £4.6 million return to its members following the approval of a 3% annual dividend at its Annual General Meeting (AGM).
Read on www.scottishfinancialnews.com →
KPMG: Easing cost pressures support bullish prospects for 2025 among Scotland’s private firms
Published 3 months ago
Nine in 10 (90%) privately owned Scottish firms feel optimistic about their growth prospects as they head into 2025, according to KPMG UK.
Read on www.scottishfinancialnews.com →
World’s oldest accountancy body celebrates 170 years
Published 3 months ago
The Institute of Chartered Accountants of Scotland (ICAS) marks its 170th anniversary this month, celebrating its position as the world’s oldest professional body for chartered accountants.
Read on www.scottishfinancialnews.com →
UK economy contracts for second consecutive month
Published 3 months ago
The UK economy unexpectedly contracted by 0.1% in October, marking the second consecutive month of decline.
Read on www.scottishfinancialnews.com →
Loganair weathers storms to post £6.9m profit
Published 3 months ago
Loganair has reported £6.9 million profit for the financial year ending 31 March 2024.
Read on www.scottishfinancialnews.com →
Apex Traffic Management’s employees take the wheel
Published 3 months ago
The 108 employees of a growing Scottish traffic management company have become its new owners.
Read on www.scottishfinancialnews.com →
Knight Frank: Utilities and tech to power economic growth of Scotland’s largest cities to 2050
Published 3 months ago
Knight Frank predicts that the utilities and information & communications sectors will dominate economic growth in Aberdeen, Edinburgh, and Glasgow through 2050.
Read on www.scottishfinancialnews.com →
RSL finances ‘weakened’, but Regulator projections show ‘medium-term improvement’
Published 3 months ago
A new report by the Scottish Housing Regulator has concluded that the finances of registered social landlords finances have weakened, resulting in less financial headroom, but forecasts have predicted some improvement in the medium term.
Read on www.scottishhousingnews.com →
HMRC accused of turning a blind eye to Chinese tax evasion
Published 3 months ago
HMRC has come under fire over accusations of overlooking widespread tax evasion by Chinese “burner” companies operating on online marketplaces like Amazon, eBay, and Temu.
Read on www.scottishfinancialnews.com →