ScottishNews.com

Finance

Fossilised leases costing Scottish businesses millions

Published 1 year ago

Scottish businesses and their employees are paying millions in extra tax for fossil fuel powered company vehicles when a switch to Electric Vehicles could save ‘breathtaking’ amounts, according to one of Scotland’s leading company tax experts who will showcase the benefits at seminars being held next week.

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Bank of England Governor signals potential interest rate cuts amid signs of economic upturn

Published 1 year ago

The UK may have already emerged from recession, with signs of an upturn, according to the Governor of the Bank of England Andrew Bailey.

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BR-DGE and PayPal collaborate for better payment experiences

Published 1 year ago

Edinburgh-based payment orchestration provider BR-DGE has announced today its integration with PayPal to offer merchants greater payment choice and flexibility at online checkout.

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Alliance Trust announces 57th consecutive annual dividend increase

Published 1 year ago

Alliance Trust PLC has declared a fourth interim dividend of 6.34p per share, marking the Dundee-headquartered fund manager’s 57th consecutive annual increase.

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EICC hails record £2.6 million profit

Published 1 year ago

The Edinburgh International Conference Centre (EICC) has achieved a record profit of £2.6 million on revenue of £12.8m for the year ended 31 December.

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J.P. Morgan Private Bank grows presence in Scotland

Published 1 year ago

J.P. Morgan Private Bank has announced it is expanding its footprint in Scotland with the addition of a new team of dedicated advisors in Edinburgh.

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Consilium and ICAS Foundation forge partnership to support social mobility in accountancy

Published 1 year ago

Consilium Chartered Accountants and the ICAS Foundation have announced a partnership aimed at fostering social mobility and inclusion within the accountancy profession.

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McGill’s invests £7.5m into FlixBus expansion to meet surging summer travel demand

Published 1 year ago

Bus company McGill’s has announced it will significantly increase the scale of its partnership with global travel tech company FlixBus this year.

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TAB expands bridging loan services to Scotland

Published 1 year ago

Real estate finance and investment house TAB has expanded its reach to Scotland, where it is now operating its bridging loan services to customers.

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Scottish Friendly and FinTech Scotland join forces to help boost innovation in the financial mutual sector

Published 1 year ago

Scottish Friendly has announced a strategic partnership with FinTech Scotland, highlighting the growing significance of further developing and improving fintech innovation across all financial services sectors, including life, savings, and investments.

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Scottish company insolvencies decrease by 19% in January 2024

Published 1 year ago

In January 2024 there were 88 company insolvencies registered in Scotland, 19% lower than the number in January 2023, according to The Insolvency Service.

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Paul Thwaite confirmed as NatWest CEO amidst strong financial results

Published 1 year ago

NatWest, operating as the Royal Bank of Scotland in Scotland, has confirmed the appointment of Paul Thwaite as permanent CEO as it reports its strongest financial results since the 2008 financial crisis.

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UK enters technical recession as GDP contracts

Published 1 year ago

Official figures have revealed that the UK has entered a technical recession at the close of 2023.

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AAB tops Experian M&A league

Published 1 year ago

AAB has kept its top financial adviser ranking with 18 mergers and acquisition deals completed during 2023, according to Experian’s latest United Kingdom and Republic of Ireland M&A Review.

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Virgin Money acquires full control of investment platform in £20m deal with abrdn

Published 1 year ago

Clydesdale Bank-owner Virgin Money is set to acquire Abrdn’s 50% stake in their joint investment platform for £20 million, less than a year since its launch.

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