Finance
SRC calls on Scottish ministers for competitive tax vision to deliver on New Deal promise
Published 6 months ago
The Scottish Retail Consortium (SRC) is urging Scottish Ministers to adopt a strategic approach to taxation in their upcoming medium-term tax strategy.
Read on www.scottishfinancialnews.com →
RBS-owner NatWest reports 27% drop in Q1 profits
Published 6 months ago
NatWest Group, has announced a significant dip in first-quarter profits, reflecting challenges across the banking sector as interest rates settle.
Read on www.scottishfinancialnews.com →
Scottish Friendly records highest sales in 162-year history
Published 6 months ago
Scottish Friendly has posted record sales of £51.1 million for 2023, up from £47.7m in 2022.
Read on www.scottishfinancialnews.com →
Begbies Traynor: Financial distress in Scotland rises as economic downturn continues to bite
Published 6 months ago
While UK inflation remains sticky and the prospect of interest rate cuts is moving further away, businesses in Scotland once again saw both advanced and early signs of financial distress rise in the first quarter of 2024 compared with Q1 2023, according to Begbies Traynor.
Read on www.scottishfinancialnews.com →
AAB introduces ESG division to navigate increasing regulatory compliance
Published 6 months ago
In response to evolving global ESG reporting regulations, AAB Group has introduced a dedicated ESG division.
Read on www.scottishfinancialnews.com →
Scottish Building Society hits £490m savings milestone
Published 6 months ago
Scottish Building Society, the world’s oldest remaining mutual, has posted its highest ever savings balance recorded in its 175-year history.
Read on www.scottishfinancialnews.com →
Scotland draws thousands more taxpayers than it loses
Published 6 months ago
Thousands more taxpayers moved to Scotland than left each year in the period after Scottish Income Tax was brought in, new HMRC research has found.
Read on www.scottishfinancialnews.com →
Big Four firm expands hiring of former inmates
Published 6 months ago
A Big Four accounting firm has announced plans to expand its hiring of ex-offenders following a successful two-year trial period.
Read on www.scottishfinancialnews.com →
Scottish corporate insolvencies drop 13.0% year-on-year
Published 6 months ago
Scottish corporate insolvencies have decreased from 346 in Q4 2022-23 to 301 in Q4 2023-24, according to the latest insolvency data statistics from Accountant in Bankruptcy (AiB).
Read on www.scottishfinancialnews.com →
Ashton McGill eyes £1m revenue as turnover growth surges 41%
Published 6 months ago
Dundee-based accountancy firm Ashton McGill, which is founded by father and son Alasdair and Andrew McGill, is pleased to announce business growth which resulted in a 41% increase in annual turnover for 2023.
Read on www.scottishfinancialnews.com →
Capital Credit Union’s loan book hits record £25 million
Published 6 months ago
Edinburgh-based ethical financial institution Capital Credit Union (CCU) has announced that its loan book has exceeded £25 million for the first time in its 35-year history.
Read on www.scottishfinancialnews.com →
Scottish startups secure £100m of venture capital during Q1
Published 6 months ago
The first quarter of 2024 has seen nearly £100 million invested in Scottish businesses, according to KPMG UK.
Read on www.scottishfinancialnews.com →
Investment Fund for Scotland commits £5m to support growth of smaller businesses
Published 7 months ago
The British Business Bank’s Investment Fund for Scotland has agreed £5 million of deals to support the growth of small businesses, just six months since the fund was launched to improve access to finance and provide a boost to the Scottish economy.
Read on www.scottishfinancialnews.com →
Scotland urged to fast-track investment zones and freeports amid foreign investment dip
Published 7 months ago
Wright, Johnston & Mackenzie is calling for for accelerated progress on investment zones and freeports to bolster economic growth, after its analysis showed a concerning downturn of foreign interest in Scottish businesses.
Read on www.scottishfinancialnews.com →
Woodland Kitchens acquires Dundee’s JTC Furniture Group
Published 7 months ago
Northern Irish manufacturer and supplier of kitchen, bedroom and bathroom furniture, Woodland Kitchens, has agreed a deal to acquire Dundee-headquartered, JTC Furniture Group, in a transaction backed by investment from growth capital investor BGF.
Read on www.scottishfinancialnews.com →
SRC calls on Scottish ministers for competitive tax vision to deliver on New Deal promise
Published 6 months ago
The Scottish Retail Consortium (SRC) is urging Scottish Ministers to adopt a strategic approach to taxation in their upcoming medium-term tax strategy.
Read on www.scottishfinancialnews.com →
RBS-owner NatWest reports 27% drop in Q1 profits
Published 6 months ago
NatWest Group, has announced a significant dip in first-quarter profits, reflecting challenges across the banking sector as interest rates settle.
Read on www.scottishfinancialnews.com →
Scottish Friendly records highest sales in 162-year history
Published 6 months ago
Scottish Friendly has posted record sales of £51.1 million for 2023, up from £47.7m in 2022.
Read on www.scottishfinancialnews.com →
Begbies Traynor: Financial distress in Scotland rises as economic downturn continues to bite
Published 6 months ago
While UK inflation remains sticky and the prospect of interest rate cuts is moving further away, businesses in Scotland once again saw both advanced and early signs of financial distress rise in the first quarter of 2024 compared with Q1 2023, according to Begbies Traynor.
Read on www.scottishfinancialnews.com →
AAB introduces ESG division to navigate increasing regulatory compliance
Published 6 months ago
In response to evolving global ESG reporting regulations, AAB Group has introduced a dedicated ESG division.
Read on www.scottishfinancialnews.com →
Scottish Building Society hits £490m savings milestone
Published 6 months ago
Scottish Building Society, the world’s oldest remaining mutual, has posted its highest ever savings balance recorded in its 175-year history.
Read on www.scottishfinancialnews.com →
Scotland draws thousands more taxpayers than it loses
Published 6 months ago
Thousands more taxpayers moved to Scotland than left each year in the period after Scottish Income Tax was brought in, new HMRC research has found.
Read on www.scottishfinancialnews.com →
Big Four firm expands hiring of former inmates
Published 6 months ago
A Big Four accounting firm has announced plans to expand its hiring of ex-offenders following a successful two-year trial period.
Read on www.scottishfinancialnews.com →
Scottish corporate insolvencies drop 13.0% year-on-year
Published 6 months ago
Scottish corporate insolvencies have decreased from 346 in Q4 2022-23 to 301 in Q4 2023-24, according to the latest insolvency data statistics from Accountant in Bankruptcy (AiB).
Read on www.scottishfinancialnews.com →
Ashton McGill eyes £1m revenue as turnover growth surges 41%
Published 6 months ago
Dundee-based accountancy firm Ashton McGill, which is founded by father and son Alasdair and Andrew McGill, is pleased to announce business growth which resulted in a 41% increase in annual turnover for 2023.
Read on www.scottishfinancialnews.com →
Capital Credit Union’s loan book hits record £25 million
Published 6 months ago
Edinburgh-based ethical financial institution Capital Credit Union (CCU) has announced that its loan book has exceeded £25 million for the first time in its 35-year history.
Read on www.scottishfinancialnews.com →
Scottish startups secure £100m of venture capital during Q1
Published 6 months ago
The first quarter of 2024 has seen nearly £100 million invested in Scottish businesses, according to KPMG UK.
Read on www.scottishfinancialnews.com →
Investment Fund for Scotland commits £5m to support growth of smaller businesses
Published 7 months ago
The British Business Bank’s Investment Fund for Scotland has agreed £5 million of deals to support the growth of small businesses, just six months since the fund was launched to improve access to finance and provide a boost to the Scottish economy.
Read on www.scottishfinancialnews.com →
Scotland urged to fast-track investment zones and freeports amid foreign investment dip
Published 7 months ago
Wright, Johnston & Mackenzie is calling for for accelerated progress on investment zones and freeports to bolster economic growth, after its analysis showed a concerning downturn of foreign interest in Scottish businesses.
Read on www.scottishfinancialnews.com →
Woodland Kitchens acquires Dundee’s JTC Furniture Group
Published 7 months ago
Northern Irish manufacturer and supplier of kitchen, bedroom and bathroom furniture, Woodland Kitchens, has agreed a deal to acquire Dundee-headquartered, JTC Furniture Group, in a transaction backed by investment from growth capital investor BGF.
Read on www.scottishfinancialnews.com →