ScottishNews.com

Finance

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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Bank of Scotland-owner Lloyds’ profits exceed expectations despite falling interest income

Published 5 months ago

Lloyds Banking Group has exceeded profit expectations, reporting pre-tax profits of £1.8 billion for the third quarter.

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BDO joint administrators appointed to handle Inverness Caledonian Thistle administration

Published 5 months ago

James Stephen, Malcolm Cohen and Shane Crooks of BDO have been appointed joint administrators of Inverness Caledonian Thistle Football Club.

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Handelsbanken expands Edinburgh presence with relocation to larger west end office

Published 5 months ago

Handelsbanken has strengthened its position in Edinburgh with a move to new branch premises in the city’s west end.

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BK Plus enters Scottish market with double accountancy firm acquisition

Published 5 months ago

Accountancy firm BK Plus has acquired Cornerstone Accountants in Glasgow and FourM Accountants in Dundee, adding almost 100 staff and expanding its presence into Scotland.

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Smart Data Foundry reveals unequal impact of shifting interest rates

Published 5 months ago

New research from Edinburgh’s Smart Data Foundry has revealed the significant impact of bank rate rises on consumer finances in Scotland.

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Report: Fraudsters steal over half a billion pounds in first half of 2024

Published 5 months ago

UK Finance has reported that £571.7 million was stolen through payment fraud in the first half of 2024, a 1.5% decrease from the same period in 2023.

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Volkswagen Finance to pay £21.5m compensation for failing vulnerable customers

Published 5 months ago

Volkswagen Financial Services (UK) Limited (Volkswagen Finance) has been fined £5,397,600 by the Financial Conduct Authority (FCA) for failing to treat customers in financial difficulty fairly.

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SWPL scores 17% rise in club payouts in second year

Published 5 months ago

The Scottish Women’s Premier League (SWPL) has reported record financial results for its second year, with payments to clubs totalling £389,000, a 17% rise on the previous year.

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HNH Partners sets sights on new markets with refreshed brand

Published 5 months ago

HNH Partners has shared plans for growth and team expansion following a series of recent appointments.

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