Finance
MHA posts record £180m turnover following Scottish expansion
Published 3 months ago
Accounting and advisory firm MHA has reported revenues of £180 million for the year end 31 March 2024, an increase of 27% on £142m reported in 2023.
Read on www.scottishfinancialnews.com →
Scottish insolvencies down, but still higher than pre-pandemic levels
Published 3 months ago
Scotland’s corporate insolvencies dipped by 3.1% in Q1 2024-2025 compared to the previous fiscal year, totalling 283.
Read on www.scottishfinancialnews.com →
Proserv completes management buyout and introduces employee ownership
Published 3 months ago
Aberdeen-headquartered Proserv has undergone a sponsor-backed management buyout (MBO), and is introducing an employee ownership scheme, marking a significant milestone in the company’s 60-year history.
Read on www.scottishfinancialnews.com →
Regulator confirms plan to protect access to cash for consumers and small businesses
Published 3 months ago
Banks and building societies will need to weigh up if local communities lack access to cash services, like branches and ATMs, and plug significant gaps, under new rules announced today by the Financial Conduct Authority (FCA).
Read on www.scottishfinancialnews.com →
Aberdeen City Council provides £1.1m to revitalise Union Street businesses
Published 3 months ago
A total of six new traders – and four more to come shortly – have opened on the Granite Mile in the last year thanks to the £195,000 Union Street Empty Shops Grant Scheme, helping to bring the number of vacant units down from 47 to 38.
Read on www.scottishfinancialnews.com →
Competition drives mortgage rates below 4%
Published 3 months ago
UK mortgage rates have fallen, with the lowest five-year fixed rate dropping below 4% for the first time since April 2024.
Read on www.scottishfinancialnews.com →
Over 2,000 attendees to explore future of finance at 7th FinTech Scotland Festival
Published 3 months ago
FinTech Scotland has announced the launch of the 7th Annual FinTech Scotland Festival, running from 25 September 25 to 4 October 2024.
Read on www.scottishfinancialnews.com →
RBS agrees £50m funding deal with social landlord
Published 3 months ago
Together Housing Group (THG), a social housing provider in the North of England, has secured a £50 million loan from the Royal Bank of Scotland to upgrade its 38,000 properties
Read on www.scottishfinancialnews.com →
Edinburgh reclaims top spot for foreign investment outside London
Published 3 months ago
Edinburgh has reclaimed its position as the top UK city outside London for foreign direct investment (FDI), surpassing Greater Manchester, according to a new study.
Read on www.scottishfinancialnews.com →
CMA clears Nationwide’s £2.9bn Virgin Money takeover
Published 3 months ago
The Competition and Markets Authority (CMA) has approved Nationwide Building Society’s £2.9 billion acquisition of Virgin Money UK.
Read on www.scottishfinancialnews.com →
US official strengthens ties with Scotland’s business community
Published 3 months ago
The Lieutenant Governor of Oklahoma, Matt Pinnell, has held a series of high-profile meetings with the Scottish business community as part of a trip aimed at improving transatlantic business relations, promoting investment opportunities for Scottish businesses throughout the state of Oklahoma.
Read on www.scottishfinancialnews.com →
Scottish businesses face steep rise in financial distress
Published 3 months ago
Scottish businesses faced a sharp rise in financial distress in the second quarter of 2024, exceeding the UK average, according to Begbies Traynor.
Read on www.scottishfinancialnews.com →
Record high payrolls, but employment dips in Scotland
Published 4 months ago
Scotland’s labour market experienced mixed results in the second quarter of 2024, with unemployment up, despite strong earnings growth.
Read on www.scottishfinancialnews.com →
Scottish company insolvencies ease with 4% fall in June
Published 4 months ago
Company insolvencies in Scotland fell by 4% in June 2024 compared to the previous year, totalling 109.
Read on www.scottishfinancialnews.com →
Blackadders achieves top ranking for Private Wealth Law
Published 4 months ago
Blackadders LLP has been ranked in the top band for Private Wealth Law in the Dundee area in the prestigious Chamber High Net Worth Guide.
Read on www.scottishfinancialnews.com →
MHA posts record £180m turnover following Scottish expansion
Published 3 months ago
Accounting and advisory firm MHA has reported revenues of £180 million for the year end 31 March 2024, an increase of 27% on £142m reported in 2023.
Read on www.scottishfinancialnews.com →
Scottish insolvencies down, but still higher than pre-pandemic levels
Published 3 months ago
Scotland’s corporate insolvencies dipped by 3.1% in Q1 2024-2025 compared to the previous fiscal year, totalling 283.
Read on www.scottishfinancialnews.com →
Proserv completes management buyout and introduces employee ownership
Published 3 months ago
Aberdeen-headquartered Proserv has undergone a sponsor-backed management buyout (MBO), and is introducing an employee ownership scheme, marking a significant milestone in the company’s 60-year history.
Read on www.scottishfinancialnews.com →
Regulator confirms plan to protect access to cash for consumers and small businesses
Published 3 months ago
Banks and building societies will need to weigh up if local communities lack access to cash services, like branches and ATMs, and plug significant gaps, under new rules announced today by the Financial Conduct Authority (FCA).
Read on www.scottishfinancialnews.com →
Aberdeen City Council provides £1.1m to revitalise Union Street businesses
Published 3 months ago
A total of six new traders – and four more to come shortly – have opened on the Granite Mile in the last year thanks to the £195,000 Union Street Empty Shops Grant Scheme, helping to bring the number of vacant units down from 47 to 38.
Read on www.scottishfinancialnews.com →
Competition drives mortgage rates below 4%
Published 3 months ago
UK mortgage rates have fallen, with the lowest five-year fixed rate dropping below 4% for the first time since April 2024.
Read on www.scottishfinancialnews.com →
Over 2,000 attendees to explore future of finance at 7th FinTech Scotland Festival
Published 3 months ago
FinTech Scotland has announced the launch of the 7th Annual FinTech Scotland Festival, running from 25 September 25 to 4 October 2024.
Read on www.scottishfinancialnews.com →
RBS agrees £50m funding deal with social landlord
Published 3 months ago
Together Housing Group (THG), a social housing provider in the North of England, has secured a £50 million loan from the Royal Bank of Scotland to upgrade its 38,000 properties
Read on www.scottishfinancialnews.com →
Edinburgh reclaims top spot for foreign investment outside London
Published 3 months ago
Edinburgh has reclaimed its position as the top UK city outside London for foreign direct investment (FDI), surpassing Greater Manchester, according to a new study.
Read on www.scottishfinancialnews.com →
CMA clears Nationwide’s £2.9bn Virgin Money takeover
Published 3 months ago
The Competition and Markets Authority (CMA) has approved Nationwide Building Society’s £2.9 billion acquisition of Virgin Money UK.
Read on www.scottishfinancialnews.com →
US official strengthens ties with Scotland’s business community
Published 3 months ago
The Lieutenant Governor of Oklahoma, Matt Pinnell, has held a series of high-profile meetings with the Scottish business community as part of a trip aimed at improving transatlantic business relations, promoting investment opportunities for Scottish businesses throughout the state of Oklahoma.
Read on www.scottishfinancialnews.com →
Scottish businesses face steep rise in financial distress
Published 3 months ago
Scottish businesses faced a sharp rise in financial distress in the second quarter of 2024, exceeding the UK average, according to Begbies Traynor.
Read on www.scottishfinancialnews.com →
Record high payrolls, but employment dips in Scotland
Published 4 months ago
Scotland’s labour market experienced mixed results in the second quarter of 2024, with unemployment up, despite strong earnings growth.
Read on www.scottishfinancialnews.com →
Scottish company insolvencies ease with 4% fall in June
Published 4 months ago
Company insolvencies in Scotland fell by 4% in June 2024 compared to the previous year, totalling 109.
Read on www.scottishfinancialnews.com →
Blackadders achieves top ranking for Private Wealth Law
Published 4 months ago
Blackadders LLP has been ranked in the top band for Private Wealth Law in the Dundee area in the prestigious Chamber High Net Worth Guide.
Read on www.scottishfinancialnews.com →