Finance
Accounts Commission: Scottish councils must transform to survive
Published 1 month ago
As Scotland’s local councils face acute challenges, with budgets and workforce stretched to the limit, reform has become increasingly urgent, warns Audit Scotland’s Accounts Commission.
Read on www.scottishfinancialnews.com →
Sky Sports deal boosts SPFL turnover to record £44.3m
Published 1 month ago
The Scottish Professional Football League (SPFL) has grown its turnover to £44.3 million – the highest ever figure in the league’s history, according to its newly-published annual accounts.
Read on www.scottishfinancialnews.com →
BoE Governor sparks pound plunge with rate cut comments
Published 1 month ago
The pound sterling experienced its sharpest decline against the dollar since March, falling over 1% after Bank of England (BoE) Governor Andrew Bailey suggested the possibility of accelerated interest rate cuts.
Read on www.scottishfinancialnews.com →
Puma Private Equity expands into Scotland and rebrands to Puma Growth Partners
Published 1 month ago
Puma Private Equity, provider of growth capital to small and medium-sized businesses, has revealed its expansion plans for Scotland and rebrand to Puma Growth Partners.
Read on www.scottishfinancialnews.com →
Old Course Hotel posts £1.4m loss despite rise in hotel revenue
Published 1 month ago
The Old Course Limited, which owns the Old Course Hotel and Duke’s golf course in St Andrews, has reported a pre-tax loss of £1.4 million for the year ended 31 December 2023.
Read on www.scottishfinancialnews.com →
Structured Financial Planning hits £100m AUM milestone
Published 1 month ago
Aberdeenshire-based financial adviser Structured Financial Planning has reached over £100 million in assets under management, as it marks its 20th anniversary.
Read on www.scottishfinancialnews.com →
Tax encouraging use of recycled materials approved at Holyrood
Published 1 month ago
A new Scottish tax aimed at encouraging the use of recycled materials in construction has been approved unanimously by the Scottish Parliament.
Read on www.scottishlegal.com →
Iomart bolsters cloud capabilities with £57m Atech buyout
Published 1 month ago
Glasgow-based cloud computing company iomart has acquired Atech Support, a Microsoft solutions provider, for £57 million.
Read on www.scottishfinancialnews.com →
Nationwide seals £2.9bn Virgin Money takeover
Published 1 month ago
Nationwide Building Society has completed its £2.9 billion acquisition of Virgin Money, creating one of the UK’s largest banking groups with 24.5 million customers and nearly 700 branches.
Read on www.scottishfinancialnews.com →
Regulator fines Starling Bank £29m over ‘shockingly lax’ controls
Published 1 month ago
The Financial Conduct Authority (FCA) has fined Starling Bank Limited £28,959,426 for financial crime failings related to its financial sanctions screening.
Read on www.scottishfinancialnews.com →
Maven Capital Partners launches new £40m joint share offers
Published 1 month ago
Maven Capital Partners has launched new £40 million joint share offers across its four well-established Venture Capital Trusts (VCTs).
Read on www.scottishfinancialnews.com →
Deloitte UK partner pay down despite revenues rising 2%
Published 1 month ago
Deloitte UK partners have seen their average pay fall by £48,000 to £1.012 million in the year ending May 2024.
Read on www.scottishfinancialnews.com →
UK’s second quarter GDP marginally revised down
Published 1 month ago
The UK economy grew by 0.5% in the second quarter of 2024, slightly less than initial estimates of 6%, according to the Office for National Statistics.
Read on www.scottishfinancialnews.com →
Rathbones: Inheritance planning overlooked by third of wealthy Scots
Published 1 month ago
Time is running out for the vast majority of high net worth individuals (HNWI) in Scotland wanting to pass on their wealth as they put inheritance planning on the back burner, according to new research from Rathbones.
Read on www.scottishfinancialnews.com →
BoS: Scottish business confidence takes a dip
Published 1 month ago
Business confidence in Scotland fell by 16 points to 48% in September, according to the Bank of Scotland’s Business Barometer.
Read on www.scottishfinancialnews.com →
Accounts Commission: Scottish councils must transform to survive
Published 1 month ago
As Scotland’s local councils face acute challenges, with budgets and workforce stretched to the limit, reform has become increasingly urgent, warns Audit Scotland’s Accounts Commission.
Read on www.scottishfinancialnews.com →
Sky Sports deal boosts SPFL turnover to record £44.3m
Published 1 month ago
The Scottish Professional Football League (SPFL) has grown its turnover to £44.3 million – the highest ever figure in the league’s history, according to its newly-published annual accounts.
Read on www.scottishfinancialnews.com →
BoE Governor sparks pound plunge with rate cut comments
Published 1 month ago
The pound sterling experienced its sharpest decline against the dollar since March, falling over 1% after Bank of England (BoE) Governor Andrew Bailey suggested the possibility of accelerated interest rate cuts.
Read on www.scottishfinancialnews.com →
Puma Private Equity expands into Scotland and rebrands to Puma Growth Partners
Published 1 month ago
Puma Private Equity, provider of growth capital to small and medium-sized businesses, has revealed its expansion plans for Scotland and rebrand to Puma Growth Partners.
Read on www.scottishfinancialnews.com →
Old Course Hotel posts £1.4m loss despite rise in hotel revenue
Published 1 month ago
The Old Course Limited, which owns the Old Course Hotel and Duke’s golf course in St Andrews, has reported a pre-tax loss of £1.4 million for the year ended 31 December 2023.
Read on www.scottishfinancialnews.com →
Structured Financial Planning hits £100m AUM milestone
Published 1 month ago
Aberdeenshire-based financial adviser Structured Financial Planning has reached over £100 million in assets under management, as it marks its 20th anniversary.
Read on www.scottishfinancialnews.com →
Tax encouraging use of recycled materials approved at Holyrood
Published 1 month ago
A new Scottish tax aimed at encouraging the use of recycled materials in construction has been approved unanimously by the Scottish Parliament.
Read on www.scottishlegal.com →
Iomart bolsters cloud capabilities with £57m Atech buyout
Published 1 month ago
Glasgow-based cloud computing company iomart has acquired Atech Support, a Microsoft solutions provider, for £57 million.
Read on www.scottishfinancialnews.com →
Nationwide seals £2.9bn Virgin Money takeover
Published 1 month ago
Nationwide Building Society has completed its £2.9 billion acquisition of Virgin Money, creating one of the UK’s largest banking groups with 24.5 million customers and nearly 700 branches.
Read on www.scottishfinancialnews.com →
Regulator fines Starling Bank £29m over ‘shockingly lax’ controls
Published 1 month ago
The Financial Conduct Authority (FCA) has fined Starling Bank Limited £28,959,426 for financial crime failings related to its financial sanctions screening.
Read on www.scottishfinancialnews.com →
Maven Capital Partners launches new £40m joint share offers
Published 1 month ago
Maven Capital Partners has launched new £40 million joint share offers across its four well-established Venture Capital Trusts (VCTs).
Read on www.scottishfinancialnews.com →
Deloitte UK partner pay down despite revenues rising 2%
Published 1 month ago
Deloitte UK partners have seen their average pay fall by £48,000 to £1.012 million in the year ending May 2024.
Read on www.scottishfinancialnews.com →
UK’s second quarter GDP marginally revised down
Published 1 month ago
The UK economy grew by 0.5% in the second quarter of 2024, slightly less than initial estimates of 6%, according to the Office for National Statistics.
Read on www.scottishfinancialnews.com →
Rathbones: Inheritance planning overlooked by third of wealthy Scots
Published 1 month ago
Time is running out for the vast majority of high net worth individuals (HNWI) in Scotland wanting to pass on their wealth as they put inheritance planning on the back burner, according to new research from Rathbones.
Read on www.scottishfinancialnews.com →
BoS: Scottish business confidence takes a dip
Published 1 month ago
Business confidence in Scotland fell by 16 points to 48% in September, according to the Bank of Scotland’s Business Barometer.
Read on www.scottishfinancialnews.com →