ScottishNews.com

Finance

Bank of England votes to halt interest hikes as inflation falls

Published 1 year ago

The Bank of England (BoE) has opted to maintain interest rates at 5.25% in a tightly contested vote.

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Springfield Properties suspends dividend and speculative developments amid challenging market

Published 1 year ago

Elgin-based housebuilder Springfield Properties has seen its share price take a hit after it suspended its dividend payments amid significant financial and housing market challenges.

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CIOT: Poor HMRC service levels harming business

Published 1 year ago

Widespread dissatisfaction regarding HMRC’s service levels among both tax agents and taxpayers has been highlighted by a recent survey carried out by the Chartered Institute of Taxation (CIOT).

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Unexpected dip in August CPI inflation sparks interest rate debate

Published 1 year ago

Amidst anticipations of a rise following an upturn in petrol prices and a hike in alcohol duties in August, the Consumer Price Index (CPI) inflation has surprisingly decreased to 6.7%.

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Glasgow clothing brand Quiz faces financial turbulence amid slumping sales

Published 1 year ago

Glasgow-based fashion retailer Quiz has issued a warning regarding its deteriorating income, signalling potential losses for the upcoming financial year.

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Glasgow clothing brand Quiz faces financial turbulence amid slumping sales

Published 1 year ago

Glasgow-based fashion retailer Quiz has issued a warning regarding its deteriorating income, signalling potential losses for the upcoming financial year.

Read on www.scottishfinancialnews.com →

Former Skyscanner executive among key speakers for Invest2Scale 2023 in Edinburgh

Published 1 year ago

Shane Corstorphine, the founder of Scaling Up Consulting and ex-executive of Scottish unicorn company Skyscanner, will be a keynote speaker addressing Invest2Scale 2023 being held later this year in Edinburgh.

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HIE and Shetland Council pledge £50,000 to extend business start-up scheme

Published 1 year ago

Highlands and Islands Enterprise (HIE), in partnership with Shetland Islands Council (SIC), has the extension of the Shetland business start-up grant scheme until 31 March 2025.

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Grant Thornton: Salary freezes and restructures rife amongst the Scottish mid-market

Published 1 year ago

Rising interest rates and high costs have pushed many Scottish businesses to review their spending, freeze pay increases and restructure their operations, in a bid to manage their finances, according to new research from Grant Thornton UK LLP’s Business Outlook Tracker.

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Business Stream announces £32m in savings for customers

Published 1 year ago

Edinburgh-based water retailer Business Stream has announced substantial savings for its customers, amounting to nearly £32 million for the 2022/23 financial year.

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Celtic Football Club scores record annual profits of £40.7m

Published 1 year ago

Celtic Football Club has revealed record annual pre-tax profits of £40.7 million, boosted by a triumphant return to the Champions League and other strategic moves.

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Greenwood Moreland Insurance Brokers acquires Calcluth & Sangster

Published 1 year ago

Hamilton-based Greenwood Moreland, part of JMG Group, has acquired Glasgow-based Calcluth & Sangster Insurance Brokers.

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Highland Soap Company lands £51,400 investment for major expansion in Fort William

Published 1 year ago

Fort William-based Highland Soap Company (HSC) is poised to significantly scale its operations after securing a £51,400 investment from Highlands and Islands Enterprise (HIE).

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Edinburgh’s Old College Capital backs AlveoGene in pioneering respiratory gene therapy

Published 1 year ago

AlveoGene, a biotech start-up specialising in inhaled gene therapy for rare respiratory diseases, has officially launched.

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Johnstons of Elgin ramps up production following sales surge

Published 1 year ago

Scottish woollen garment manufacturer Johnstons of Elgin is set to expand production following a robust sales performance and job creation despite a challenging economic landscape.

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