Finance
Virgin Money invests £130m in AI to strengthen defences against growing cyber risks
Published 11 months ago
Clydesdale Bank-owner Virgin Money, headquartered in Glasgow, has revealed a strategic investment of £130 million in artificial intelligence (AI) and new technologies aimed at bolstering its defences against cybercrime and securing the future of the business.
Read on www.scottishfinancialnews.com →
Sauchiehall Street RBS branch to close as NatWest cuts deepen
Published 11 months ago
RBS-owner NatWest Group has announced the closure of its prominent RBS branch on Glasgow’s Sauchiehall Street, adding to the spate of bank shutdowns throughout the UK, with 18 additional NatWest branches slated to close south of the border.
Read on www.scottishfinancialnews.com →
Experian: AAB leads the field in Scottish M&A activity
Published 11 months ago
In its latest review for the third quarter Experian reported a notable downturn in M&A activity across Scotland, with deals totalling £4.9 billion in value, marking the fourth consecutive period of decline.
Read on www.scottishfinancialnews.com →
Macfarlane Group expects profits to beat last year despite revenue dip
Published 11 months ago
The board of Glasgow-headquartered protective packaging specialist Macfarlane Group has released a trading update for the period from 1 January to 31 October 2023.
Read on www.scottishfinancialnews.com →
Scots tax experts weigh in on the Autumn Statement’s economic impacts for businesses and workers
Published 11 months ago
The Chancellor’s Autumn Statement of 2023 has been met with a mixed reception from Scottish tax experts, who highlight both positives and concerns in the outlined fiscal plans.
Read on www.scottishfinancialnews.com →
Geoff O’Brien rejoins Assetz Capital to spearhead £200m Scottish market lending goal
Published 11 months ago
Property development lender Assetz Capital has reappointed Geoff O’Brien as relationship director in Scotland.
Read on www.scottishfinancialnews.com →
White Oak lends £40m to Scottish SMEs in 2023
Published 11 months ago
White Oak, a UK-based non-bank lender, has provided £40 million to Scottish SMEs so far this year as it continues to champion the growth of small businesses across the country.
Read on www.scottishfinancialnews.com →
Scottish SMEs urged to check for letters giving them six months to resolve banking complaints
Published 11 months ago
The Business Banking Resolution Service (BBRS) is appealing directly to business in Scotland to see if their unresolved banking disputes can be tackled.
Read on www.scottishfinancialnews.com →
Chancellor unveils sweeping tax cuts and investment in Autumn Statement
Published 1 year ago
Chancellor Jeremy Hunt has announced a slew of financial measures aimed at bolstering the economy by aiding businesses, pensioners, the hospitality industry, and the self-employed.
Read on www.scottishfinancialnews.com →
Alba Bank gears up for SME lending with nCino partnership
Published 1 year ago
Alba Bank has taken a significant leap in bolstering the SME sector by integrating nCino’s cloud banking platform.
Read on www.scottishfinancialnews.com →
Employee-owned ITWORX achieves record £4.6m turnover
Published 1 year ago
Aberdeen-headquartered IT managed service provider ITWORX UK has celebrated a record turnover year and a decade of dedication from one of its team members.
Read on www.scottishfinancialnews.com →
ACCA calls for investment incentives and audit reforms ahead of Autumn Statement
Published 1 year ago
The Association of Chartered Certified Accountants (ACCA) has communicated pressing concerns to the Chancellor ahead of the Autumn Budget Statement, stressing the urgency for financial reforms to stimulate the UK economy.
Read on www.scottishfinancialnews.com →
KPMG: Scotland’s Q3 £202m venture capital surge defies overall market cautiousness
Published 1 year ago
Venture capital investment in Scottish start-ups has surged in Q3 of 2023, with a total of 28 deals amounting to £202 million, according to KPMG’s latest Venture Pulse report.
Read on www.scottishfinancialnews.com →
Aberdeen FC achieves £1.1m profit amidst strategic financial turnaround
Published 1 year ago
Aberdeen Football Club has turned a net profit of £1.1 million for the year ending 30 June 2023, a notable rebound from a cumulative net loss of £14.8m.
Read on www.scottishfinancialnews.com →
Four Scottish businesses feature in Deloitte’s 2023 UK Technology Fast 50 awards
Published 1 year ago
Deloitte has announced the winners of the 2023 UK Technology Fast 50 awards, with four Scottish companies among the ranking and Glasgow company Utopi claiming the inaugural CleanTech award.
Read on www.scottishfinancialnews.com →
Virgin Money invests £130m in AI to strengthen defences against growing cyber risks
Published 11 months ago
Clydesdale Bank-owner Virgin Money, headquartered in Glasgow, has revealed a strategic investment of £130 million in artificial intelligence (AI) and new technologies aimed at bolstering its defences against cybercrime and securing the future of the business.
Read on www.scottishfinancialnews.com →
Sauchiehall Street RBS branch to close as NatWest cuts deepen
Published 11 months ago
RBS-owner NatWest Group has announced the closure of its prominent RBS branch on Glasgow’s Sauchiehall Street, adding to the spate of bank shutdowns throughout the UK, with 18 additional NatWest branches slated to close south of the border.
Read on www.scottishfinancialnews.com →
Experian: AAB leads the field in Scottish M&A activity
Published 11 months ago
In its latest review for the third quarter Experian reported a notable downturn in M&A activity across Scotland, with deals totalling £4.9 billion in value, marking the fourth consecutive period of decline.
Read on www.scottishfinancialnews.com →
Macfarlane Group expects profits to beat last year despite revenue dip
Published 11 months ago
The board of Glasgow-headquartered protective packaging specialist Macfarlane Group has released a trading update for the period from 1 January to 31 October 2023.
Read on www.scottishfinancialnews.com →
Scots tax experts weigh in on the Autumn Statement’s economic impacts for businesses and workers
Published 11 months ago
The Chancellor’s Autumn Statement of 2023 has been met with a mixed reception from Scottish tax experts, who highlight both positives and concerns in the outlined fiscal plans.
Read on www.scottishfinancialnews.com →
Geoff O’Brien rejoins Assetz Capital to spearhead £200m Scottish market lending goal
Published 11 months ago
Property development lender Assetz Capital has reappointed Geoff O’Brien as relationship director in Scotland.
Read on www.scottishfinancialnews.com →
White Oak lends £40m to Scottish SMEs in 2023
Published 11 months ago
White Oak, a UK-based non-bank lender, has provided £40 million to Scottish SMEs so far this year as it continues to champion the growth of small businesses across the country.
Read on www.scottishfinancialnews.com →
Scottish SMEs urged to check for letters giving them six months to resolve banking complaints
Published 11 months ago
The Business Banking Resolution Service (BBRS) is appealing directly to business in Scotland to see if their unresolved banking disputes can be tackled.
Read on www.scottishfinancialnews.com →
Chancellor unveils sweeping tax cuts and investment in Autumn Statement
Published 1 year ago
Chancellor Jeremy Hunt has announced a slew of financial measures aimed at bolstering the economy by aiding businesses, pensioners, the hospitality industry, and the self-employed.
Read on www.scottishfinancialnews.com →
Alba Bank gears up for SME lending with nCino partnership
Published 1 year ago
Alba Bank has taken a significant leap in bolstering the SME sector by integrating nCino’s cloud banking platform.
Read on www.scottishfinancialnews.com →
Employee-owned ITWORX achieves record £4.6m turnover
Published 1 year ago
Aberdeen-headquartered IT managed service provider ITWORX UK has celebrated a record turnover year and a decade of dedication from one of its team members.
Read on www.scottishfinancialnews.com →
ACCA calls for investment incentives and audit reforms ahead of Autumn Statement
Published 1 year ago
The Association of Chartered Certified Accountants (ACCA) has communicated pressing concerns to the Chancellor ahead of the Autumn Budget Statement, stressing the urgency for financial reforms to stimulate the UK economy.
Read on www.scottishfinancialnews.com →
KPMG: Scotland’s Q3 £202m venture capital surge defies overall market cautiousness
Published 1 year ago
Venture capital investment in Scottish start-ups has surged in Q3 of 2023, with a total of 28 deals amounting to £202 million, according to KPMG’s latest Venture Pulse report.
Read on www.scottishfinancialnews.com →
Aberdeen FC achieves £1.1m profit amidst strategic financial turnaround
Published 1 year ago
Aberdeen Football Club has turned a net profit of £1.1 million for the year ending 30 June 2023, a notable rebound from a cumulative net loss of £14.8m.
Read on www.scottishfinancialnews.com →
Four Scottish businesses feature in Deloitte’s 2023 UK Technology Fast 50 awards
Published 1 year ago
Deloitte has announced the winners of the 2023 UK Technology Fast 50 awards, with four Scottish companies among the ranking and Glasgow company Utopi claiming the inaugural CleanTech award.
Read on www.scottishfinancialnews.com →