ScottishNews.com

Finance

RBS: Scotland’s hiring activity sees rebound despite UK downturn

Published 11 months ago

November marked a significant turnaround in Scotland’s recruitment sector with a renewed rise in hiring activity, as revealed by the Royal Bank of Scotland Report on Jobs.

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Scottish banker Craig Herd crowned UK Young Banker of the Year 2023

Published 11 months ago

Craig Herd, a product analyst at Sainsbury’s Bank based in Cumbernauld, has been named the UK Young Banker of the Year 2023.

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Acumen Accountants expands with six-figure acquisition of Graeme Munro & Co

Published 11 months ago

Aberdeenshire-based Acumen Accountants has enhanced its market presence in Northeast Scotland through the acquisition of Graeme Munro & Company Ltd.

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Scottish Business Monitor shows half of Scots firms stall investments in economic downturn

Published 11 months ago

Nearly half of firms in Scotland have either postponed or abandoned their investment plans in the last year, the latest Addleshaw Goddard Scottish Business Monitor (SBM) reveals.

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Scottish hospitality business refinances £8m debt with The Cumberland

Published 11 months ago

A Scottish business owner who faced financial uncertainty after her bank exited the SME market has successfully refinanced £8 million of debt with The Cumberland Building Society.

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Quiz in strategic review as financial woes hit Scottish retailer

Published 11 months ago

Glasgow-based fashion retailer Quiz has initiated a strategic review after it reported a pre-tax loss of £1.5 million for the first half of the year ending September 30, a stark contrast to the £1.8m profit in the previous period.

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Bancon Group achieves £4.6m operating profits despite market headwinds

Published 11 months ago

The Aberdeenshire-based housebuilding and construction group Bancon Group has posted a robust year of trading, marked by a 33% increase in its homes business and a 16% rise in overall turnover, for the year ended March 2023.

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Scots Campervan firm earns Fair Tax Mark for fourth consecutive year

Published 11 months ago

Jerba Campervans, a Scottish campervan conversion specialist, has distinguished itself by earning an esteemed certification recognising its responsible tax performance for the fourth year in a row.

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Investors flock to gold and cryptocurrencies amid economic optimism and central bank shifts

Published 11 months ago

In recent financial developments, gold prices soared to a record high of $2,135.40 (around £1,690) an ounce, spurred by the anticipation of lower global borrowing costs, a weakening US dollar, and expectations of loosening global monetary policies.

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Estonian ex-military turned financial expert launches Dundee-based investment school

Published 11 months ago

A former member of the Estonian army and University of Dundee alumnus has launched his investment education start-up Stock Doctor.

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PwC: Scots consumers set to cut Christmas spending

Published 11 months ago

Scottish consumers are preparing for a more frugal festive season, as financial pressures cause a significant reduction in holiday spending, according to PwC’s latest Festive Predictions.

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Eos announces two executive appointments

Published 11 months ago

St Andrews-based impact investment firm Eos Advisory LLP has announced a series of executive appointments, bringing the firm’s headcount to 11.

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Scottish EDGE invests £1.5m into 38 early-stage high-growth businesses

Published 11 months ago

Some 38 Scottish businesses with high-growth potential have received a much-needed £1.5 million in funding in the 22nd round of the Scottish EDGE awards.

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Macduff Shipyards remains buoyant with near 50% increase in pre-tax profits

Published 11 months ago

Macduff Shipyards has hailed a successful year as the firm posted a near-50% increase in pre-tax profits to £2.59 million.

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Scotgold Resources appoints administrators putting over 80 jobs at risk

Published 11 months ago

Scotgold Resources has appointed Daniel Bredenkamp and Christopher Pattinson of Australia-based Pitcher Partners Accountants and Advisors (WA) as joint and several administrators.

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