ScottishNews.com

Finance

Swinney seeks budget boost for Scotland in meeting with Starmer

Published 1 month ago

First Minister John Swinney met with Prime Minister Keir Starmer in Edinburgh to push for increased public investment in the upcoming UK budget.

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Scottish Government finances receive unqualified audit opinion

Published 1 month ago

The Scottish Government’s accounts for the 2023-24 financial year have received an unqualified audit opinion, signifying that they are accurate and comply with accounting standards.

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ACCA calls on UK government to maintain focus on business growth

Published 1 month ago

As the UK’s Labour government celebrates 100 days in office, ACCA (the Association of Chartered Certified Accountants) has urged the new government to stick to its priorities of putting economic growth at the heart of its agenda for the country.

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FRC: Big Four achieve operational separation milestone

Published 1 month ago

The Financial Reporting Council (FRC) has today announced the four largest audit firms (Deloitte, EY, KPMG, PwC), have concluded the transition period of operational separation.

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FCA fines TSB £10.9m for failing to support customers in arrears

Published 1 month ago

The Financial Conduct Authority (FCA) has fined TSB Bank plc (TSB) £10,910,500 for failing to ensure customers who were in arrears were treated fairly.

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Summerhall faces winding-up petition over unpaid tax

Published 1 month ago

Summerhall, the Edinburgh Fringe venue facing closure earlier this year, has been issued a winding-up petition by HMRC for unpaid corporation tax.

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PwC invests in new sustainable Glasgow HQ

Published 1 month ago

PwC has announced it is relocating its Glasgow office to the newly refurbished Aurora building on Bothwell Street in 2025.

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Accountants Plus acquires stake in John Di Mambro & Co

Published 1 month ago

Accountants Plus has acquired part of fellow Hamilton-based accountancy and business advisory firm John Di Mambro & Co.

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SCOT JCB sees profits fall 14.6% amid economic headwinds

Published 1 month ago

SCOT JCB, the Glasgow-based plant machinery specialist, has reported a 14.6% drop in pre-tax profits to £5.19 million for the year ending 31 December 2023.

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Reward Funding provides £1.14m for new Ayrshire boutique hotel

Published 1 month ago

Alternative finance lender Reward Funding provided a Prestwick-based restaurant owner with £1.14 million to complete the transformation of a new four-star boutique hotel and unlock business growth opportunities within the area’s lucrative golf tourism industry.

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Glasgow fintech secures £750,000 in equity funding

Published 1 month ago

Glasgow-based specialist workforce optimisation software provider Corporate Modelling Services Ltd (CMS) has secured £750,000 in equity funding from the Investment Fund for Scotland (IFS), managed by Maven Capital Partners and delivered by the British Business Bank.

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AAB expands south with Barlow Andrews deal

Published 1 month ago

Scotland-headquartered professional services firm AAB has acquired Bolton-based Barlow Andrews and its sister entity Beech Business Services.

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JTC posts record £1.4m pre-tax profit

Published 1 month ago

Dundee-based JTC, a leading manufacturer of kitchens, bedrooms, and bathrooms, has announced its highest profits in over a decade.

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Report: Budget holds key to economic recovery as momentum slows

Published 1 month ago

Following a positive start to 2024, economic growth in the summer months has been more hesitant for the UK and Scotland according to the latest economic assessment from the Fraser of Allander Institute at the University of Strathclyde.

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SRC: Edinburgh leads Scottish footfall growth, but concerns remain

Published 1 month ago

Scottish shopper numbers rose slightly in September, but this hasn’t translated into increased sales, according to the Scottish Retail Consortium (SRC).

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