ScottishNews.com

Finance

New JISAs forge ahead in Scotland, while ISAs take a back seat

Published 9 months ago

Scottish Friendly’s latest Investor Index has shown that planning for future generations has been the greater priority for parents and guardians in Scotland.

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Succession planning gap persists for many businesses

Published 9 months ago

A new survey by accountancy firm Azets has revealed that despite 58% of businesses considering succession planning, the high levels of awareness about succession are not being matched with formal planning.

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Miconex’s local gift cards inject over £12m into businesses

Published 9 months ago

Scottish fintech Miconex has revealed substantial growth in its local gift card programs, driving considerable revenue for businesses worldwide with sales figures topping £12.4 million across the UK, Ireland, Canada, and the USA in 2023.

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Goldman Sachs: UK economy 5% smaller outside EU

Published 9 months ago

The UK economy has taken a significant hit since leaving the European Union, according to a report by Goldman Sachs.

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Start-up boom as over 40,000 new businesses launched in Scotland in 2023

Published 9 months ago

Scotland is experiencing a start-up boom, with over 40,000 new businesses setting up shop last year – an increase of 12% on the number of new companies incorporated in 2022.

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Nucleus boosts AUA to £90 billion with Third Financial deal

Published 9 months ago

Nucleus Financial Platforms has acquired investment platform and wealth management software provider Third Financial.

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EY: Q4 brings surge in profit warnings from Scotland’s listed companies

Published 9 months ago

Scotland’s listed companies experienced a notable increase in profit warnings during Q4 2023, surpassing the combined warnings of the entire preceding year, as revealed by EY-Parthenon’s latest Profit Warnings report.

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Tesco Bank exits retail banking with £600 million sale to Barclays

Published 9 months ago

Barclays UK has sealed a deal to acquire Edinburgh-headquartered Tesco Bank’s retail banking business for an initial £600 million.

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RBS: Scottish private sector activity rises for first time in six months

Published 9 months ago

The latest Royal Bank of Scotland Purchasing Managers’ Index (PMI) has reported positive signs for the Scottish private sector, indicating a rebound in business activity at the beginning of the year.

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Scottish innovator Cube Glass achieves record revenues topping £4.5m

Published 9 months ago

Scottish glass and aluminium specialist Cube Glass has boosted its revenues by well in excess of £1 million as well as developing lucrative new international partnerships.

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RBS: Economic uncertainty sparks hiring hesitation in 2024

Published 9 months ago

The start of 2024 has experienced a drop in recruitment activity across Scotland, as signalled by the latest Royal Bank of Scotland Report on Jobs survey.

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Begbies Traynor takes the wheel as AAD Transport enters administration

Published 9 months ago

Ken Pattullo and Kenny Craig, of Begbies Traynor, have taken over the administration of Kirriemuir-based haulage firm AAD Transport Ltd.

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Fraser of Allander Institute forecasts modest growth for Scotland in 2024

Published 9 months ago

The Scottish economy is poised for a turnaround in 2024 after experiencing limited growth in 2023, as reported by the Fraser of Allander Institute at the University of Strathclyde.

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Caithness mortgage adviser achieves full qualification status

Published 9 months ago

Louise Cormack, a member of the team at the Wick office of Phil Anderson Financial Services in Caithness, has successfully passed her final exam and is now a fully qualified mortgage adviser.

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Scots households can expect finances to improve but business activity continues to contract

Published 9 months ago

Scotland’s economy is set to gain momentum this year with the prospect of interest rate cuts from May onwards, a continuing fall in inflation, and decreasing energy prices.

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