ScottishNews.com

Finance

Holyrood urges UK to strengthen energy cooperation with EU

Published 2 months ago

The Scottish Government is urging closer energy cooperation with Europe to reduce energy bills and stimulate investment.

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Scotland’s GDP falls further in November as key sector contracts

Published 2 months ago

Scotland’s onshore GDP fell by 0.5% in November 2024, following a revised contraction of 0.4% in October.

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Phoenix Group streamlines structure as Standard Life boss announces retirement

Published 2 months ago

Andy Curran, CEO of Standard Life, part of Phoenix Group, has decided to retire in the summer of 2025 after a transformative five year tenure in which the business has become a key driver of the group’s organic growth.

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Scottish Inward Investment Catalyst Fund awards £30k to cutting-edge R&D projects

Published 2 months ago

The latest round of the Scottish Inward Investment Catalyst Fund (IICF) has awarded three projects up to £10,000 each.

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Scottish schoolgirls make final cut in prestigious investment competition

Published 2 months ago

Eight teams of Scotland’s brightest young female students have secured their place in the finals of a nationwide competition aimed at encouraging more women to consider careers in investment management.

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Scottish National Investment Bank faces £400m shortfall in £2bn investment target

Published 2 months ago

The Scottish National Investment Bank (SNIB) risks falling short of its £2 billion investment target by 2030 by up to £400 million, following a reduction in government funding this year.

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Wbg: Real-time payroll reporting represents transformative change for businesses

Published 2 months ago

The imminent shift to real-time payroll reporting represents a transformative change for businesses, according to Wbg.

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Ayrshire’s Wilsons Pet Food poised for growth with £1m IFS backing

Published 2 months ago

Ayrshire-based Wilsons Pet Food, one of the longest established pet food companies in the UK, has secured a £1 million investment from the Investment Fund for Scotland (IFS), managed by Maven Capital Partners and delivered by the British Business Bank.

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Renewed partnership with City of London Corporation to promote Scotland’s finance sector

Published 2 months ago

First Minister John Swinney has signed an updated Partnership Agreement with the City of London Corporation.

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Big banks lag in easy access savings while fixed bonds shine

Published 2 months ago

The biggest banks’ most flexible easy access accounts now sit in the bottom quartiles of the market, while, in contrast, some of their fixed rate bonds on offer sit in the top quartile, according Moneyfacts.

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SFE: Nearly half of Scots say higher taxes don’t improve public services

Published 2 months ago

Almost half of people in Scotland do not believe higher levels of personal taxation provide value for money for public services, according to a new poll by Survation for True North Advisors.

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Finance & Accountancy Business Awards to celebrate Scotland’s North-east finance stars

Published 2 months ago

The North-east of Scotland’s finance, tax, and accountancy firms are set to be celebrated at the inaugural Finance & Accountancy Business (FAB) Awards.

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Brian Cox to return to Scottish stage to tell story of 2008 financial crash in satirical play

Published 2 months ago

Brian Cox is to return to the stage in Scotland after a decade as part of a new play telling the story of Royal Bank of Scotland’s role in the 2008 financial crash.

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Azets: Don’t panic over IHT changes

Published 2 months ago

Business owners and shareholders planning to gift shares to their children because of impending inheritance tax (IHT) changes have been urged by accountancy firm Azets to press the pause button and avoid rash decisions they may regret.

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CT and Smart IT announce new strategic alliance

Published 2 months ago

Accountants and business advisers CT has announced a new strategic partnership between its CT: Evolve team and Smart IT which aims to progress digital transformation for UK businesses.

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