ScottishNews.com

Finance

UK CPI inflation drops below 2%, but rebound expected

Published 1 month ago

UK inflation fell to 1.7% in September, dropping below the Bank of England’s 2% target for the first time since April 2021.

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SRC: £13m potential business rates hike for Scots shops

Published 1 month ago

A new analysis from the Scottish Retail Consortium has suggested shops in Scotland could see a £13 million hike in their business rates bills from April.

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Azets: Radical tax changes could impact wealth creation and cost the Treasury more money

Published 1 month ago

An Aberdeen tax expert has warned that potential drastic changes to Inheritance Tax (IHT) and Capital Gains Tax (CGT) as part of Labour’s Autumn Budget could stifle wealth creation and cost the Treasury more than it hopes to generate.

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Highlands firm Kennedy Accountancy scoops top honours at UK Accounting Excellence Awards

Published 1 month ago

Kennedy Accountancy, a firm based in Auchtertyre, Lochalsh, has won two awards at the 2024 Accounting Excellence Awards.

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CJ Lang & Son shares cautious outlook as pre-tax profits grow 8% to £4m

Published 1 month ago

Dundee-based SPAR wholesaler and convenience retailer CJ Lang & Son Ltd has reported a 14.2% rise in net turnover to £253 million and an 8% increase in pre-tax profits to £4m for the year ended 28 April 2024.

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Distinguished Chartered Accountant receives RCPSG honorary fellowship

Published 1 month ago

The Royal College of Physicians and Surgeons of Glasgow has conferred Professor Mark Allison CA as an Honorary Fellow.

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SCC: Tax uncertainty clouds business confidence

Published 1 month ago

Scottish business fears are growing over potential tax increases and the uncertainties surrounding the upcoming Autumn Budget, according to the Scottish Chambers of Commerce (SCC).

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Industry figures call for whisky duty cut as revenue drops by £300m

Published 1 month ago

Several of Scotland’s business and sector organisations have called on the UK government to reduce the tax burden on Scotland’s national drink ahead of the 30 October Budget.

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Smart Data Foundry and Research Data Scotland collaborate to enhance financial data access

Published 1 month ago

Smart Data Foundry (SDF) and Research Data Scotland (RDS) have partnered to streamline secure researcher access to public sector and financial data.

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Aberdeen celebrates rising stars and future leaders in finance and insurance

Published 1 month ago

Graduates and young professionals were urged to “stay curious” as around 125 north-east businesspeople descended on Aberdeen’s Union Kirk for a night toasting the achievements of those working within the financial planning and insurance sectors.

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Scottish SME R&D tax claims fall but value rises

Published 1 month ago

The number of Scottish SMEs claiming R&D tax credits has dropped by 16% in 2022/2023 compared to the previous period, despite a 10% rise in the value of claims, reflecting that, whilst there are fewer claims, the size of each claim has increased.

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Scottish Widows retires iconic ‘widow’ as part of digital makeover

Published 1 month ago

Scottish Widows has announces it is retiring its iconic “widow” model after decades.

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Deloitte: Economic and geopolitical uncertainty dampens CFO confidence

Published 1 month ago

UK CFO confidence has fallen from its post-election high in Q3 2024, though it remains above the long-term average, according to Deloitte.

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UK GDP returns to growth after two flat months

Published 1 month ago

The UK economy grew by 0.2% in August, following two months of stagnation.

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Alliance Trust formally rebrands to Alliance Witan and joins London Stock Exchange

Published 1 month ago

Dundee-based Alliance Trust has officially changed its name to Alliance Witan following its merger with Witan Investment Trust.

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