ScottishNews.com

Finance

‘More clarification needed’ after Scottish Budget spending plans unveiled

Published 3 months ago

“More clarification needed” was the overarching view of tax specialists at MHA following unveiling of the Scottish Government’s Budget.

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BDO: One third of Scottish businesses have experienced fraud in the last five years

Published 3 months ago

More than one third (35%) of Scottish businesses have experienced fraud in the last five years, a new survey from BDO has found.

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BoS: Scottish business confidence takes a tumble

Published 3 months ago

Business confidence in Scotland fell 13 points during November to 31%, according to the latest Business Barometer from Bank of Scotland.

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SBP partners with Aberdeenshire Council to deliver FA accountancy

Published 3 months ago

SBP Accountants & Business Advisers (SBP) – which has offices in Aberdeen, Peterhead, Fraserburgh and Banff – has announced an exciting partnership with Aberdeenshire Council FA Team and their delivery in both Peterhead and Portlethen Academies, offering students an invaluable opportunity to gain practical experience in the accountancy field as part of their FA Accountancy award.

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Coventry’s £780m Co-op Bank takeover gets green light

Published 4 months ago

Coventry Building Society’s acquisition of the Co-operative Bank has been approved by regulators, paving the way for the creation of a major banking force with combined assets of £89 billion.

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Nationwide reaps £2.3bn windfall from Virgin Money takeover

Published 4 months ago

Nationwide Building Society has announced a £2.3 billion gain from its recent acquisition of Virgin Money, exceeding its initial forecast of £1.5bn.

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Afghan woman graduates with Masters in Accounting and Finance from Dundee after fleeing Taliban

Published 4 months ago

Shabnam Hassan Khan, an Afghan refugee, has shared her story after graduating from the University of Dundee with a Masters in Accounting and Finance.

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Azets: Scottish businesses face £3bn employment tax hike

Published 4 months ago

Scottish businesses are faced with a significant increase in employment costs, with estimates suggesting an additional £3 billion burden, due to the UK government’s rise in employer national insurance contributions (NIC) to 15%.

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Retail groups urge Scottish Government to match UK rates relief

Published 4 months ago

Nine business groups representing the retail industry have jointly written to the Scottish Government’s Finance Secretary, Shona Robison MSP, asking her to ensure retailers in Scotland are awarded rates relief for 2025-26.

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BDO breaks £1bn revenue and boosts partner payouts by 12%

Published 4 months ago

BDO has exceeded £1 billion in revenue for the first time in its century-long history.

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Edinburgh claims top spot for FDI outside London

Published 4 months ago

Edinburgh has replaced Brighton as the highest-ranking UK city outside of London for foreign direct investment (FDI) attractiveness, according to law firms Wright, Johnston & Mackenzie (WJM) and Irwin Mitchell.

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Thomson Cooper Accountants marks 75th year in business

Published 4 months ago

Thomson Cooper Accountants has marked three-quarters of a century of growth, innovation and commitment to client service, as it celebrates its 75th anniversary.

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Barclays drops appeal against £40m fine

Published 4 months ago

Barclays has been fined £40 million by the Financial Conduct Authority (FCA) for failing to disclose payments made to Qatari investors during the 2008 financial crisis.

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FCA branded ‘incompetent’ in parliamentary group report

Published 4 months ago

A report by MPs and peers has branded the Financial Conduct Authority (FCA) as “incompetent at best, dishonest at worst”.

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Further tax hikes possible as UK borrowing surges to near-record high

Published 4 months ago

UK government borrowing hit £17.4 billion in October, the second-highest figure for the month on record.

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