ScottishNews.com

Finance

ICAS: Audit and corporate governance reform inclusion in King’s Speech key to economic growth

Published 9 months ago

The Institute of Chartered Accountants of Scotland (ICAS) has expressed its support for the new government’s economic growth agenda, particularly welcoming the long-awaited commitment to audit reform and corporate governance, set out in a packed King’s Speech.

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Tayside Pension Fund pension fund members caught in mis-advice scandal

Published 9 months ago

Members of a local authority pension fund have lost six-figure sums after accepting costly mis-advice recommending the transferring away of final salary pensions.

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PwC forecasts ‘subdued’ growth for Scottish economy in 2024

Published 9 months ago

Scotland’s economy is projected to grow more in this year compared with last year, with real GVA expected to be 0.9% higher across 2024, according to PwC.

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Aesthetics Club expands with £250,000 from Investment Fund for Scotland

Published 9 months ago

A Glasgow-based beauty treatments clinic, The Aesthetics Club, has secured a £250,000 loan from the Investment Fund for Scotland (IFS), via appointed fund manager The FSE Group.

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Innova Nanojet’s £9m investment to boost Scottish manufacturing and create 195 jobs

Published 9 months ago

West Dunbartonshire’s Vale of Leven is set to benefit from 195 new jobs, thanks to new inward investor Innova Nanojet Technologies Ltd choosing to locate its first manufacturing facility in Scotland.

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RBS invites Scots entrepreneurs to join free accelerator programme

Published 9 months ago

The Royal Bank of Scotland (RBS) has opened applications for its accelerator programme in September.

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HRMC moves VAT registration changes to online only

Published 9 months ago

HMRC has made significant changes to the process for updating VAT registration details.

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AAB Group moves forward with brand consolidation as it nears £100m turnover

Published 9 months ago

Professional services firm AAB has announced the consolidation of its five brands across the UK and Ireland under the unified AAB name.

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Scotland’s largest animation studio Axis falls into administration

Published 9 months ago

Scottish animation and visual effects firm Axis Studios has entered administration.

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SCC: Scottish firms raise concerns on tax and labour shortages

Published 9 months ago

A recent survey by the Scottish Chambers of Commerce (SCC) has revealed growing concerns among Scottish businesses regarding taxation and recruitment, issues that could hinder Scotland’s economic growth.

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Regulator overhauls listing rules to boost growth and innovation on UK stock markets

Published 9 months ago

The Financial Conduct Authority (FCA) has published new exchange listing rules setting out a simplified listings regime with a single category and streamlined eligibility for those companies seeking to list their shares in the UK.

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Edinburgh’s appeal attracts major investment interest

Published 9 months ago

Investor research from Lismore Real Estate Advisors has revealed that 90% of investors would consider investing in Edinburgh over the second half of 2024.

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Possible rate cut delays as GDP growth exceeds expectations

Published 9 months ago

The UK’s GDP grew 0.4% during May, leading experts to suggest the Bank of England may further delay a cut to the base rate.

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Scottish businesses secure nearly one-fifth of UK spinout deals

Published 9 months ago

Scotland accounted for almost one-fifth of all UK equity deals involving university spinouts in 2023, according to new figures from the British Business Bank.

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Highlands and Islands see record inward investment

Published 9 months ago

Highlands and Islands Enterprise (HIE) has reported a strong year of investment and job creation, with over 1,200 jobs set to be created or retained in the region, including 82 jobs in fragile areas.

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