ScottishNews.com

Finance

Robb Ferguson expands team with five graduate trainees

Published 7 months ago

Glasgow-based Robb Ferguson Chartered Accountants has welcomed five graduate trainee-chartered accountants to its team.

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ASOS’ sells Topshop stake to parent company in refinancing move

Published 7 months ago

ASOS, the online retailer, has sold a significant 75% stake in Topshop to parent company Bestseller, owned by Scotland’s wealthiest man – Danish billionaire Anders Povlsen – in a deal worth £135 million.

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Regulator’s improved performance set to help finance sector thrive

Published 7 months ago

The Financial Conduct Authority’s (FCA) has revealed marked improvements in its authorisations process, with 98% of cases now assessed within statutory deadlines, in its latest annual report.

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Report: UK requires £1tn of additional investment over next decade to hit growth targets

Published 7 months ago

The Capital Markets Industry Taskforce (CMIT) has highlighted the need for an additional £100 billion annual investment over the next decade to drive long-term growth in the UK economy.

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PwC UK tightens hybrid work policy with office attendance monitoring

Published 7 months ago

PwC UK has communicated to its staff that it will monitor office attendance starting in January.

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Highland Council moves closer to implementing visitor levy

Published 7 months ago

The Highland Council is gearing up to launch a consultation in the preparation of introducing a visitor levy in region.

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HMRC lifts ban on fractional shares in ISAs

Published 7 months ago

In a move set to benefit younger and less wealthy investors, HM Revenue & Customs (HMRC) has reversed its position on fractional shares in Individual Savings Accounts (ISAs).

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Sub-4% mortgage deals return as lenders compete

Published 7 months ago

Several of the UK’s largest mortgage lenders have significantly reduced interest rates this week, with some deals now available for under 4%, according to Moneyfacts.

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Regulator sets out steps to improve account access for financially vulnerable

Published 7 months ago

The Financial Conduct Authority (FCA) has called on banks and other financial institutions to enhance their efforts in aiding individuals struggling to obtain a bank account.

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Glasgow law charity receives £50,000 boost for expansion

Published 7 months ago

The Legal Services Agency in Glasgow is going from strength to strength after having secured a £50,000 funding package from responsible finance provider Social Investment Scotland (SIS).

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Scottish Government announces £500m in cuts amid £800m budget shortfall

Published 7 months ago

Scotland’s Finance Secretary Shona Robison has unveiled plans for up to £500 million in spending cuts to balance the Scottish government’s budget amid “enormous and growing” financial pressure.

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SRC: Scottish retailers face summer sales slump

Published 7 months ago

Scottish retailers experienced another month of declining sales in August, marking a disappointing summer for the sector.

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Aegon highlights £250k value of state pension as ‘means testing’ suggestions surface

Published 7 months ago

Millions of pensioners reliant on their state pension will be particularly anxious over the Labour Government’s warning of tough times ahead.

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KPMG: Scottish businesses secure £184m in VC funding in H1 2024

Published 7 months ago

Twenty-three Scottish businesses have attracted over £85 million in venture capital funding during the second quarter of 2024, defy the broader UK investment trend, according to KPMG.

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Salmon Scotland calls for economic growth focus in Programme for Government

Published 7 months ago

Ahead of the Programme for Government, Salmon Scotland, the trade body representing the UK’s largest food export, has urged the Scottish Government to cut the red tape hindering Scotland’s blue economy regulations and support sustainable growth in the sector.

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