ScottishNews.com

Finance

Skills shortages and tax reform top Budget wish list for Scottish businesses

Published 5 months ago

Scottish businesses have called for a competitive tax system and solutions to skills shortages in Chancellor Rachel Reeves’ first Budget, according to Bank of Scotland.

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Report: Funding challenges threaten Scotland’s local authorities

Published 5 months ago

Scottish councils are facing a severe financial crisis due to ongoing inflation, wage pressures, and rising service demands, according to a new report by the Chartered Institute of Public Finance and Accountancy (CIPFA) and the Local Government Information Unit (LGIU).

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Scottish Government backs calls for tax-free shopping

Published 5 months ago

The Scottish Retail Consortium (SRC) has welcomed the backing of Scottish Ministers over the reintroduction of tax-free shopping for international visitors.

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BoS: Hiring intentions strong despite fall in Scottish business confidence

Published 5 months ago

Scottish business confidence dipped to 44% in October, a four-point drop from September, according to the Bank of Scotland.

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Cernach finance officer Karen Dyson to retire

Published 5 months ago

Cernach Housing Association is to bid farewell to finance officer Karen Dyson, who is retiring after a remarkable 30 years of service.

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CCU: Lack of savings threatens financial wellbeing of Scots

Published 5 months ago

Marlene Shiels, CEO of Capital Credit Union, has warned that Scots must build better financial resilience or risk financial disaster in the future.

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RBS-owner NatWest posts £1.7bn pre-tax profit

Published 5 months ago

NatWest Group has posted a 26% jump in third-quarter profits to £1.7bn, exceeding expectations and raising its income forecast for the year.

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Armstrong Watson expands in Glasgow with Parkhill Mackie & Co acquisition

Published 5 months ago

Accountancy, business and financial advisory firm Armstrong Watson has acquired Glasgow-based accountancy practice Parkhill Mackie & Co.

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Michael Sheen joins calls for a Fair Banking Act to tackle crisis of unaffordable credit

Published 5 months ago

Actor and debt campaigner Michael Sheen has joined calls for the government to pass legislation to help tackle the crisis of unaffordable credit and problem debt in the UK.

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Scotland’s green finance hubs rise in global rankings

Published 5 months ago

Scotland’s two largest cities have both improved their position in the latest Z/Yen Global Green Finance Index, underlining Scotland’s global reputation and potential in green finance.

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Barclays beats Q3 expectations as pre-tax profits climb 18% to £2.2bn

Published 5 months ago

Barclays has exceeded profit forecasts for the third quarter of 2024, driven by strong performance in its investment banking division.

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Bruce Cartwright: ICAS outlines key tax priorities for Autumn Budget

Published 5 months ago

Bruce Cartwright calls for transparency and a long-term focus in the upcoming Autumn Budget, emphasising the need for open communication about economic challenges and the impact of potential tax measures.

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UNESCO reveals sharp increase in use of financial laws to silence journalists

Published 5 months ago

There has been an alarming increase over the past three years in accusations of financial wrongdoing made against journalists in an attempt to silence them, according to a new report from UNESCO.

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Nationwide boosts interest-free green loans to £20,000

Published 5 months ago

Nationwide Building Society has increased its interest-free green loan offering from £15,000 to £20,000 to encourage homeowners to make energy-efficient improvements.

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Scottish corporate insolvencies up 10.6% year-on-year

Published 5 months ago

Corporate insolvencies in Scotland have risen by 10.6% in Q2 2024-25 (July to September) compared to the same period last year, reaching 313.

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