ScottishNews.com

Finance

AAB introduces ESG division to navigate increasing regulatory compliance

Published 11 months ago

In response to evolving global ESG reporting regulations, AAB Group has introduced a dedicated ESG division.

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Scottish Building Society hits £490m savings milestone

Published 11 months ago

Scottish Building Society, the world’s oldest remaining mutual, has posted its highest ever savings balance recorded in its 175-year history.

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Scotland draws thousands more taxpayers than it loses

Published 11 months ago

Thousands more taxpayers moved to Scotland than left each year in the period after Scottish Income Tax was brought in, new HMRC research has found.

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Big Four firm expands hiring of former inmates

Published 11 months ago

A Big Four accounting firm has announced plans to expand its hiring of ex-offenders following a successful two-year trial period.

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Scottish corporate insolvencies drop 13.0% year-on-year

Published 11 months ago

Scottish corporate insolvencies have decreased from 346 in Q4 2022-23 to 301 in Q4 2023-24, according to the latest insolvency data statistics from Accountant in Bankruptcy (AiB).

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Ashton McGill eyes £1m revenue as turnover growth surges 41%

Published 11 months ago

Dundee-based accountancy firm Ashton McGill, which is founded by father and son Alasdair and Andrew McGill, is pleased to announce business growth which resulted in a 41% increase in annual turnover for 2023.

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Capital Credit Union’s loan book hits record £25 million

Published 11 months ago

Edinburgh-based ethical financial institution Capital Credit Union (CCU) has announced that its loan book has exceeded £25 million for the first time in its 35-year history.

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Scottish startups secure £100m of venture capital during Q1

Published 11 months ago

The first quarter of 2024 has seen nearly £100 million invested in Scottish businesses, according to KPMG UK.

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Investment Fund for Scotland commits £5m to support growth of smaller businesses

Published 11 months ago

The British Business Bank’s Investment Fund for Scotland has agreed £5 million of deals to support the growth of small businesses, just six months since the fund was launched to improve access to finance and provide a boost to the Scottish economy.

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Scotland urged to fast-track investment zones and freeports amid foreign investment dip

Published 11 months ago

Wright, Johnston & Mackenzie is calling for for accelerated progress on investment zones and freeports to bolster economic growth, after its analysis showed a concerning downturn of foreign interest in Scottish businesses.

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Woodland Kitchens acquires Dundee’s JTC Furniture Group

Published 11 months ago

Northern Irish manufacturer and supplier of kitchen, bedroom and bathroom furniture, Woodland Kitchens, has agreed a deal to acquire Dundee-headquartered, JTC Furniture Group, in a transaction backed by investment from growth capital investor BGF.

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Scotland faces ‘sustained increase’ in company administrations in Q1 2024

Published 11 months ago

The number of companies in Scotland filing for administration has hit its highest Q1 rate since before COVID-19, according to figures from Interpath Advisory.

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Scottish Friendly enhances junior ISA policy with maturity guarantee and cash incentive

Published 1 year ago

Financial mutual Scottish Friendly has added a guarantee at the maturity date of its Junior ISA (JISA) policy for with-profits investors, to help more UK families invest for their children’s future with some peace of mind.

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Edinburgh achieves record year for living wage accreditations

Published 1 year ago

Edinburgh has experienced its most successful year of living wage accreditations to date.

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RBS to shutter one-fifth of branches

Published 1 year ago

The Royal Bank of Scotland (RBS) has revealed plans to close a further 18 out of its 86 branches, including three in Edinburgh.

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