Finance
Brimmond exceeds expectations in bumper year as turnover soars 74%
Published 8 months ago
Aberdeenshire-based engineering firm Brimmond has posted a 74% increase in turnover for 2023-24, reaching £11.4 million – surpassing its forecast of £10m.
Read on www.scottishfinancialnews.com →
St James’s Place defies doubters with surprise comeback
Published 8 months ago
St James’s Place (SJP), the UK’s largest wealth manager, has staged a dramatic comeback after a turbulent period.
Read on www.scottishfinancialnews.com →
FCA to slash red tape for financial services firms
Published 8 months ago
The rules governing financial services could be streamlined to reduce burdens on businesses, following a review launched by the Financial Conduct Authority (FCA).
Read on www.scottishfinancialnews.com →
Scottish corporate administrations fall 15% in H1 2024
Published 8 months ago
The number of companies in Scotland filing for administration during H1 2024 has dropped by 15% compared to the corresponding period last year, according to figures from Interpath Advisory.
Read on www.scottishfinancialnews.com →
FRC calls for urgent action from BDO and Forvis Mazars on audit quality
Published 8 months ago
The Financial Reporting Council’s (FRC) Annual Review of Audit Quality revealed a disappointing performance from BDO and Forvis Mazars, whose audit results fell significantly below expectations.
Read on www.scottishfinancialnews.com →
McAllister Litho Glasgow hosts Scottish Government minister for flexible fund launch
Published 8 months ago
A fund to help businesses, charities and other organisations adopt fair work practices has opened for applications and has been launched at McAllister Litho Glasgow.
Read on www.scottishfinancialnews.com →
Dundee director banned over £100k covid loans
Published 8 months ago
A Former Dundee pub boss has been banned by The Insolvency Service from acting as a company director for 11 years due to misuse of Covid bounceback loans (BBL).
Read on www.scottishfinancialnews.com →
Lloyds and Nationwide back Edinburgh fintech’s £11m funding round for AI innovation in finance
Published 8 months ago
Edinburgh-based AI fintech firm Aveni.ai has secured £11 million in Series A funding.
Read on www.scottishfinancialnews.com →
Wbg expands with Aberdeen office and appoints corporate finance team
Published 8 months ago
Scottish accounting advisory, audit and tax firm Wbg has opened an office in Aberdeen and appointed a new corporate finance team.
Read on www.scottishfinancialnews.com →
Bank of Scotland-owner Lloyds beats forecasts despite first half profit drop
Published 8 months ago
Lloyds Banking Group reported a half-year pretax profit of £3.32 billion, a decline from the previous year due to increased costs and shrinking net interest income.
Read on www.scottishfinancialnews.com →
Scottish Enterprise offers path to growth with £500,000 grant programme
Published 8 months ago
Scottish Enterprise has announced a new support programme for businesses ready to undertake capital investment but looking to develop leaders, change business processes as well as improve digital systems to maximise impact.
Read on www.scottishfinancialnews.com →
MHA posts record £180m turnover following Scottish expansion
Published 8 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 8 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 8 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 8 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 →
Brimmond exceeds expectations in bumper year as turnover soars 74%
Published 8 months ago
Aberdeenshire-based engineering firm Brimmond has posted a 74% increase in turnover for 2023-24, reaching £11.4 million – surpassing its forecast of £10m.
Read on www.scottishfinancialnews.com →
St James’s Place defies doubters with surprise comeback
Published 8 months ago
St James’s Place (SJP), the UK’s largest wealth manager, has staged a dramatic comeback after a turbulent period.
Read on www.scottishfinancialnews.com →
FCA to slash red tape for financial services firms
Published 8 months ago
The rules governing financial services could be streamlined to reduce burdens on businesses, following a review launched by the Financial Conduct Authority (FCA).
Read on www.scottishfinancialnews.com →
Scottish corporate administrations fall 15% in H1 2024
Published 8 months ago
The number of companies in Scotland filing for administration during H1 2024 has dropped by 15% compared to the corresponding period last year, according to figures from Interpath Advisory.
Read on www.scottishfinancialnews.com →
FRC calls for urgent action from BDO and Forvis Mazars on audit quality
Published 8 months ago
The Financial Reporting Council’s (FRC) Annual Review of Audit Quality revealed a disappointing performance from BDO and Forvis Mazars, whose audit results fell significantly below expectations.
Read on www.scottishfinancialnews.com →
McAllister Litho Glasgow hosts Scottish Government minister for flexible fund launch
Published 8 months ago
A fund to help businesses, charities and other organisations adopt fair work practices has opened for applications and has been launched at McAllister Litho Glasgow.
Read on www.scottishfinancialnews.com →
Dundee director banned over £100k covid loans
Published 8 months ago
A Former Dundee pub boss has been banned by The Insolvency Service from acting as a company director for 11 years due to misuse of Covid bounceback loans (BBL).
Read on www.scottishfinancialnews.com →
Lloyds and Nationwide back Edinburgh fintech’s £11m funding round for AI innovation in finance
Published 8 months ago
Edinburgh-based AI fintech firm Aveni.ai has secured £11 million in Series A funding.
Read on www.scottishfinancialnews.com →
Wbg expands with Aberdeen office and appoints corporate finance team
Published 8 months ago
Scottish accounting advisory, audit and tax firm Wbg has opened an office in Aberdeen and appointed a new corporate finance team.
Read on www.scottishfinancialnews.com →
Bank of Scotland-owner Lloyds beats forecasts despite first half profit drop
Published 8 months ago
Lloyds Banking Group reported a half-year pretax profit of £3.32 billion, a decline from the previous year due to increased costs and shrinking net interest income.
Read on www.scottishfinancialnews.com →
Scottish Enterprise offers path to growth with £500,000 grant programme
Published 8 months ago
Scottish Enterprise has announced a new support programme for businesses ready to undertake capital investment but looking to develop leaders, change business processes as well as improve digital systems to maximise impact.
Read on www.scottishfinancialnews.com →
MHA posts record £180m turnover following Scottish expansion
Published 8 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 8 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 8 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 8 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 →