ScottishNews.com

Finance

Morris & Spottiswood achieves record £128m turnover

Published 6 months ago

Ahead of its centenary year, construction firm Morris & Spottiswood has announced record turnover of £128 million in 2023, a 25% rise from the previous year.

Read on www.scottishconstructionnow.com →

PRS confirms £85,000 scam reimbursement limit

Published 6 months ago

From 7 October 2024, victims of authorised push payment (APP) scams will be able to claim a maximum reimbursement of £85,000 for losses incurred through Faster Payments and CHAPS, the Bank of England’s Payment Systems Regulator (PSR) has confirmed.

Read on www.scottishfinancialnews.com →

Lomond Group acquires Aberdein Considine’s lettings arm

Published 6 months ago

Lomond Group has expanded its Scottish portfolio with the acquisition of Aberdein Considine’s residential lettings business.

Read on www.scottishfinancialnews.com →

PropEco secures seed funding for tech to future-proof property, insurance and mortgage lending

Published 6 months ago

Glasgow-based tech company PropEco, which provides an innovative technology platform that can assess the long-term value and viability of property, has secured seed funding of £275,000.

Read on www.scottishhousingnews.com →

Johnston Carmichael Wealth tops FTAdviser list for third year

Published 6 months ago

Johnston Carmichael’s Wealth team has placed first in the FTAdviser’s annual ranking of the Top 100 financial advisers for the third year running.

Read on www.scottishfinancialnews.com →

Maven exits QikServe in sale to The Access Group

Published 6 months ago

Maven Capital Partners has completed a profitable exit from Edinburgh-based QikServe through a sale to business management software provider The Access Group, for an undisclosed sum.

Read on www.scottishfinancialnews.com →

Scottish Friendly: Interest rate cuts could exacerbate financial inequality for women

Published 6 months ago

Scottish Friendly’s Family Finance Tracker has revealed that nearly half (46%) of women are opting to hold their long-term savings in a savings account, instead of more tax-friendly options such as a pension or ISA wrappers, compared to 39% of men.

Read on www.scottishfinancialnews.com →

Scottish fintech scene booms with new ward and launch of FinTech Scotland Festival

Published 6 months ago

Scotland’s FinTech Cluster celebrated the official opening of the Fintech Ward in the heart of the newly opened Edinburgh Futures Institute (EFI), with an event that also marked the launch of the much-anticipated FinTech Scotland Festival 2024.

Read on www.scottishfinancialnews.com →

Regulator proposes tighter protections for payment firm customers

Published 6 months ago

The Financial Conduct Authority (FCA) is has announced plans to strengthen protection for customers of payments and e-money firms in case of business failure.

Read on www.scottishfinancialnews.com →

Scotland’s economy edges ahead of UK with 0.3% growth in July

Published 6 months ago

Scotland’s economy saw modest growth of 0.3% in July 2024, outperforming the stagnant UK economy.

Read on www.scottishfinancialnews.com →

Scottish Government unveils global green finance hub ambitions

Published 6 months ago

Scotland is aiming to position itself as a global centre for green and sustainable finance and investment, with Deputy First Minister Kate Forbes spearheading efforts to collaborate with financial institutions.

Read on www.scottishfinancialnews.com →

SIS provides £600k funding to complete Haining House restoration works

Published 6 months ago

The ambitious restoration of an 18th-century stately home in Selkirk bequeathed for the benefit of the community by its former owner, Andrew Nimmo-Smith, is one step closer to completion, following a £600,000 funding boost from responsible finance provider Social Investment Scotland (SIS).

Read on www.scottishfinancialnews.com →

MHA welcomes new recruits to Edinburgh and Aberdeen offices

Published 6 months ago

Pictured (L-R): MHA Edinburgh’s newest talent – Callum McEwan, Robbie Macaulay, Ali Armstrong, Iain Greig, Lewis Smith, Darcie Haggarty, Kyle Watkin, and Matthew McEvoy

Read on www.scottishfinancialnews.com →

Scottish AI robotics firm secures £7.9m to scale robotics in manufacturing

Published 6 months ago

A new £7.9 million investment, led by £3.5m from the Scottish National Investment Bank, will enable scale and growth for Leap Automation Ltd (Leap AI), an emerging leader in low-cost industrial AI robotics.

Read on www.scottishfinancialnews.com →

BoE Governor: No return to near-zero rates anytime soon

Published 6 months ago

Bank of England Governor Andrew Bailey has played down expectations of interest rates returning to near zero, citing the need for significant economic shocks to justify such a move.

Read on www.scottishfinancialnews.com →