Finance
Wood Group CFO resigns amid ‘incorrect description’ of qualifications
Published 1 month ago
Wood Group’s chief financial officer, Arvind Balan, has resigned with immediate effect after admitting to misrepresenting his professional qualifications.
Read on www.scottishfinancialnews.com →
New Junior ISA sales jump 12% in Q4 2024, despite economic uncertainty
Published 1 month ago
The volume of new Junior ISA (JISA) policies opened across the UK in the last quarter was up 12% on the previous quarter, according to the quarterly Scottish Friendly Investor Index.
Read on www.scottishfinancialnews.com →
Lloyds announces £1.7bn share buyback as profits slump 20%
Published 1 month ago
Bank of Scotland-owner Lloyds Banking Group has reported a significant 20.4% drop in annual pre-tax profit, falling short of market expectations.
Read on www.scottishfinancialnews.com →
Medieval coin hoard discovered in the Borders
Published 1 month ago
Two metal detectorists have unearthed a hoard of 15th century coins in the Scottish Borders.
Read on www.scottishlegal.com →
UK inflation surprises with January rise to 3%
Published 1 month ago
UK inflation climbed to 3% in January, exceeding forecasts and presenting a challenge for the Bank of England (BoE).
Read on www.scottishfinancialnews.com →
HMRC worker who embezzled £193,000 of taxpayers’ cash jailed for two years
Published 1 month ago
A tax officer who embezzled thousands of pounds from His Majesty’s Revenue and Customs (HMRC) to pay off her mortgage and settle other debts has been jailed for two years.
Read on www.scottishfinancialnews.com →
Pulpex raises £62m for fibre bottle factory near Glasgow
Published 1 month ago
Pulpex Limited, a sustainable packaging technology company, has today announced a £62 million Series D investment round led by the National Wealth Fund (NWF) and the Scottish National Investment Bank.
Read on www.scottishfinancialnews.com →
HSBC targets $1.5bn cost cuts as pretax profits rise 6.6% in latest results
Published 1 month ago
HSBC has announced plans to save $300 million (c. £240m) in 2025 and cut $1.5 billion (c. £1.2bn) from its annual cost base by the end of next year.
Read on www.scottishfinancialnews.com →
Businesses urged to explore non-salary benefits to mitigate NIC rise
Published 1 month ago
Businesses concerned about the new 15% employers’ national insurance contributions (NIC) rate have less than 50 days in which to reduce the impact of the higher rate by embracing non-salary alternatives that reduce costs whilst continuing to provide employees with attractive remuneration packages, an employment tax specialist has said.
Read on www.scottishfinancialnews.com →
Azets promotes 21 Scottish staff as it targets double-digit growth
Published 1 month ago
Almost six months after acquiring Glasgow accountancy and wealth management firm Milne Craig, Azets has unveiled ambitious plans to achieve double-digit growth across its Scottish operations in the coming year.
Read on www.scottishfinancialnews.com →
RBS unveils updated £7.5bn UK social housing sector lending ambition
Published 1 month ago
Royal Bank of Scotland, which is part of the NatWest Group, has announced an updated package of targeted lending and support for UK social housing, aimed at supporting local housing authorities and homeowners alike in the face of ongoing economic pressures.
Read on www.scottishhousingnews.com →
HNH Partners targets double-digit growth with new Edinburgh HQ
Published 1 month ago
Financial advisory firm HNH Partners is targeting double-digit growth in 2025 with a move to a new larger Scottish headquarters in Edinburgh.
Read on www.scottishfinancialnews.com →
RBS: Scottish business confidence remains subdued as job losses continue
Published 1 month ago
Scotland’s private sector showed tentative signs of recovery in January, according to the Royal Bank of Scotland Growth Tracker.
Read on www.scottishfinancialnews.com →
ESG fintech secures £1m for Glasgow expansion
Published 1 month ago
ESG360°, a sustainability-focused fintech firm headquartered in London, has revealed plans to expand its Glasgow office after securing a £1 million grant from Scottish Enterprise (SE).
Read on www.scottishfinancialnews.com →
Perthshire shed company introduces employee profit share scheme
Published 1 month ago
Gillies and Mackay Ltd, a Perth-based manufacturer of premium timber buildings, has announced the launch of its employee profit share scheme.
Read on www.scottishfinancialnews.com →
Wood Group CFO resigns amid ‘incorrect description’ of qualifications
Published 1 month ago
Wood Group’s chief financial officer, Arvind Balan, has resigned with immediate effect after admitting to misrepresenting his professional qualifications.
Read on www.scottishfinancialnews.com →
New Junior ISA sales jump 12% in Q4 2024, despite economic uncertainty
Published 1 month ago
The volume of new Junior ISA (JISA) policies opened across the UK in the last quarter was up 12% on the previous quarter, according to the quarterly Scottish Friendly Investor Index.
Read on www.scottishfinancialnews.com →
Lloyds announces £1.7bn share buyback as profits slump 20%
Published 1 month ago
Bank of Scotland-owner Lloyds Banking Group has reported a significant 20.4% drop in annual pre-tax profit, falling short of market expectations.
Read on www.scottishfinancialnews.com →
Medieval coin hoard discovered in the Borders
Published 1 month ago
Two metal detectorists have unearthed a hoard of 15th century coins in the Scottish Borders.
Read on www.scottishlegal.com →
UK inflation surprises with January rise to 3%
Published 1 month ago
UK inflation climbed to 3% in January, exceeding forecasts and presenting a challenge for the Bank of England (BoE).
Read on www.scottishfinancialnews.com →
HMRC worker who embezzled £193,000 of taxpayers’ cash jailed for two years
Published 1 month ago
A tax officer who embezzled thousands of pounds from His Majesty’s Revenue and Customs (HMRC) to pay off her mortgage and settle other debts has been jailed for two years.
Read on www.scottishfinancialnews.com →
Pulpex raises £62m for fibre bottle factory near Glasgow
Published 1 month ago
Pulpex Limited, a sustainable packaging technology company, has today announced a £62 million Series D investment round led by the National Wealth Fund (NWF) and the Scottish National Investment Bank.
Read on www.scottishfinancialnews.com →
HSBC targets $1.5bn cost cuts as pretax profits rise 6.6% in latest results
Published 1 month ago
HSBC has announced plans to save $300 million (c. £240m) in 2025 and cut $1.5 billion (c. £1.2bn) from its annual cost base by the end of next year.
Read on www.scottishfinancialnews.com →
Businesses urged to explore non-salary benefits to mitigate NIC rise
Published 1 month ago
Businesses concerned about the new 15% employers’ national insurance contributions (NIC) rate have less than 50 days in which to reduce the impact of the higher rate by embracing non-salary alternatives that reduce costs whilst continuing to provide employees with attractive remuneration packages, an employment tax specialist has said.
Read on www.scottishfinancialnews.com →
Azets promotes 21 Scottish staff as it targets double-digit growth
Published 1 month ago
Almost six months after acquiring Glasgow accountancy and wealth management firm Milne Craig, Azets has unveiled ambitious plans to achieve double-digit growth across its Scottish operations in the coming year.
Read on www.scottishfinancialnews.com →
RBS unveils updated £7.5bn UK social housing sector lending ambition
Published 1 month ago
Royal Bank of Scotland, which is part of the NatWest Group, has announced an updated package of targeted lending and support for UK social housing, aimed at supporting local housing authorities and homeowners alike in the face of ongoing economic pressures.
Read on www.scottishhousingnews.com →
HNH Partners targets double-digit growth with new Edinburgh HQ
Published 1 month ago
Financial advisory firm HNH Partners is targeting double-digit growth in 2025 with a move to a new larger Scottish headquarters in Edinburgh.
Read on www.scottishfinancialnews.com →
RBS: Scottish business confidence remains subdued as job losses continue
Published 1 month ago
Scotland’s private sector showed tentative signs of recovery in January, according to the Royal Bank of Scotland Growth Tracker.
Read on www.scottishfinancialnews.com →
ESG fintech secures £1m for Glasgow expansion
Published 1 month ago
ESG360°, a sustainability-focused fintech firm headquartered in London, has revealed plans to expand its Glasgow office after securing a £1 million grant from Scottish Enterprise (SE).
Read on www.scottishfinancialnews.com →
Perthshire shed company introduces employee profit share scheme
Published 1 month ago
Gillies and Mackay Ltd, a Perth-based manufacturer of premium timber buildings, has announced the launch of its employee profit share scheme.
Read on www.scottishfinancialnews.com →