ScottishNews.com

Finance

Armstrong Watson expands in Glasgow with Parkhill Mackie & Co acquisition

Published 3 months ago

Accountancy, business and financial advisory firm Armstrong Watson has acquired Glasgow-based accountancy practice Parkhill Mackie & Co.

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Michael Sheen joins calls for a Fair Banking Act to tackle crisis of unaffordable credit

Published 3 months ago

Actor and debt campaigner Michael Sheen has joined calls for the government to pass legislation to help tackle the crisis of unaffordable credit and problem debt in the UK.

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Scotland’s green finance hubs rise in global rankings

Published 3 months ago

Scotland’s two largest cities have both improved their position in the latest Z/Yen Global Green Finance Index, underlining Scotland’s global reputation and potential in green finance.

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Barclays beats Q3 expectations as pre-tax profits climb 18% to £2.2bn

Published 3 months ago

Barclays has exceeded profit forecasts for the third quarter of 2024, driven by strong performance in its investment banking division.

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Bruce Cartwright: ICAS outlines key tax priorities for Autumn Budget

Published 3 months ago

Bruce Cartwright calls for transparency and a long-term focus in the upcoming Autumn Budget, emphasising the need for open communication about economic challenges and the impact of potential tax measures.

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UNESCO reveals sharp increase in use of financial laws to silence journalists

Published 3 months ago

There has been an alarming increase over the past three years in accusations of financial wrongdoing made against journalists in an attempt to silence them, according to a new report from UNESCO.

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Nationwide boosts interest-free green loans to £20,000

Published 3 months ago

Nationwide Building Society has increased its interest-free green loan offering from £15,000 to £20,000 to encourage homeowners to make energy-efficient improvements.

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Scottish corporate insolvencies up 10.6% year-on-year

Published 3 months ago

Corporate insolvencies in Scotland have risen by 10.6% in Q2 2024-25 (July to September) compared to the same period last year, reaching 313.

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Bank of Scotland-owner Lloyds’ profits exceed expectations despite falling interest income

Published 3 months ago

Lloyds Banking Group has exceeded profit expectations, reporting pre-tax profits of £1.8 billion for the third quarter.

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BDO joint administrators appointed to handle Inverness Caledonian Thistle administration

Published 3 months ago

James Stephen, Malcolm Cohen and Shane Crooks of BDO have been appointed joint administrators of Inverness Caledonian Thistle Football Club.

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Handelsbanken expands Edinburgh presence with relocation to larger west end office

Published 3 months ago

Handelsbanken has strengthened its position in Edinburgh with a move to new branch premises in the city’s west end.

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BK Plus enters Scottish market with double accountancy firm acquisition

Published 3 months ago

Accountancy firm BK Plus has acquired Cornerstone Accountants in Glasgow and FourM Accountants in Dundee, adding almost 100 staff and expanding its presence into Scotland.

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Smart Data Foundry reveals unequal impact of shifting interest rates

Published 3 months ago

New research from Edinburgh’s Smart Data Foundry has revealed the significant impact of bank rate rises on consumer finances in Scotland.

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Report: Fraudsters steal over half a billion pounds in first half of 2024

Published 3 months ago

UK Finance has reported that £571.7 million was stolen through payment fraud in the first half of 2024, a 1.5% decrease from the same period in 2023.

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Volkswagen Finance to pay £21.5m compensation for failing vulnerable customers

Published 3 months ago

Volkswagen Financial Services (UK) Limited (Volkswagen Finance) has been fined £5,397,600 by the Financial Conduct Authority (FCA) for failing to treat customers in financial difficulty fairly.

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