ScottishNews.com

Finance

Nature finance investment fund passes £4 million mark

Published 11 months ago

From the Solway Firth to the Highlands, and from rural farms to urban greenspace, new funding totalling more than £1 million for eight projects will support Scotland’s next steps to increase investment in nature.

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Auditors fail to sound alarm in 75% of major corporate failures

Published 11 months ago

Audit firms have consistently failed to raise alarms ahead of three-quarters of major UK corporate collapses since 2010, according to The Audit Reform Lab, sparking concerns about auditors neglecting a key duty.

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Wheatley Group retains A+ credit rating

Published 11 months ago

Wheatley Group has retained its A+ (stable outlook) rating from credit rating agency S&P Global Ratings.

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EQ Accountants promotes 33 in major growth push

Published 11 months ago

EQ Accountants has promoted 33 team members as it continues to expand its client base following a period of growth and expansion.

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Edinburgh holds top spot for financial services investment outside London

Published 11 months ago

Scotland continues to attract the highest number of UK financial services foreign direct investment (FDI) projects outside London, according to the latest EY Scotland Attractiveness Survey for Financial Services.

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First Minister unveils economic vision for Scotland

Published 11 months ago

First Minister John Swinney has outlined his economic ambitions for Scotland during a speech at the Barclays Campus in Glasgow’s financial district.

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Anders Holch Povlsen remains richest in Scotland as country sees fewer billionaires

Published 11 months ago

Despite having lost an approximate £1.77 billion in net worth, Anders Holch Povlsen has kept his position as Scotland’s richest person, according to the latest Sunday Times Rich List.

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Wylie & Bisset steps in as Kellwood Engineering closes after 40 years

Published 11 months ago

Kellwood Engineering, a Dumfries-based precision machining and fabrication company trading for almost 40 years, has had to close its doors with the loss of 27 employees.

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Visa threshold increase sparks job offer withdrawals in finance sector

Published 11 months ago

Several accountancy and financial services firms, including Big Four firms Deloitte and KPMG, have rescinded job offers to international students following the UK government’s decision to raise the minimum salary thresholds for skilled worker visas.

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Scotland at forefront of hybrid working among finance professionals

Published 11 months ago

Scotland has emerged as a global leader in hybrid working practices, with 71% of finance professionals adopting this approach, compared to the global average of 41%, according to ACCA.

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AAB enhances executive team to chart course for growth

Published 11 months ago

AAB has promoted three business leaders to its senior leadership team.

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Scottish labour market shows slow progress as economic challenges persist

Published 11 months ago

The latest labour market statistics for January to March 2024 in Scotland reveal a mixed picture of progress and ongoing challenges.

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South Harbour expansion propels Port of Aberdeen to record profits

Published 11 months ago

The Port of Aberdeen, the UK’s oldest business, has posted a £25.7 million operating profit, up from £21.3m, for the year 2023.

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MHA joins forces with Roberts Nathan to form Baker Tilly Ireland

Published 11 months ago

Accountancy firm MHA, which recently expanded into Scotland, is now setting its sights on Ireland.

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