ScottishNews.com

Finance

Record high payrolls, but employment dips in Scotland

Published 1 day ago

Scotland’s labour market experienced mixed results in the second quarter of 2024, with unemployment up, despite strong earnings growth.

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Scottish company insolvencies ease with 4% fall in June

Published 1 day ago

Company insolvencies in Scotland fell by 4% in June 2024 compared to the previous year, totalling 109.

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Blackadders achieves top ranking for Private Wealth Law

Published 1 day ago

Blackadders LLP has been ranked in the top band for Private Wealth Law in the Dundee area in the prestigious Chamber High Net Worth Guide.

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House purchases hit by CHAPS payment system glitch

Published 1 day ago

House purchases faced delays due to a technical glitch in the Bank of England’s crucial CHAPS payment system.

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FCA calls for fairer treatment of UK politically exposed persons

Published 1 day ago

The Financial Conduct Authority (FCA) has told financial firms – including banks, payment firms and lenders – to do more to ensure parliamentarians, senior public servants and their families are not treated unfairly.

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Shares jump in Frasers Group on strong profit growth

Published 2 days ago

Frasers Group, led by Mike Ashley, saw its shares surge by nearly 10% after posting annual profit growth close to the top end of guidance.

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Scottish football weathers financial storm as distress levels plummet

Published 2 days ago

Financial distress in Scottish football clubs has fallen significantly, with only three clubs (7%) in Scotland’s top four leagues showing signs of trouble compared to eight a year ago, according to Begbies Traynor’s March 2024 Football Distress Survey.

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ICAS: Audit and corporate governance reform inclusion in King’s Speech key to economic growth

Published 2 days ago

The Institute of Chartered Accountants of Scotland (ICAS) has expressed its support for the new government’s economic growth agenda, particularly welcoming the long-awaited commitment to audit reform and corporate governance, set out in a packed King’s Speech.

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Tayside Pension Fund pension fund members caught in mis-advice scandal

Published 3 days ago

Members of a local authority pension fund have lost six-figure sums after accepting costly mis-advice recommending the transferring away of final salary pensions.

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PwC forecasts ‘subdued’ growth for Scottish economy in 2024

Published 3 days ago

Scotland’s economy is projected to grow more in this year compared with last year, with real GVA expected to be 0.9% higher across 2024, according to PwC.

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Aesthetics Club expands with £250,000 from Investment Fund for Scotland

Published 4 days ago

A Glasgow-based beauty treatments clinic, The Aesthetics Club, has secured a £250,000 loan from the Investment Fund for Scotland (IFS), via appointed fund manager The FSE Group.

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Innova Nanojet’s £9m investment to boost Scottish manufacturing and create 195 jobs

Published 4 days ago

West Dunbartonshire’s Vale of Leven is set to benefit from 195 new jobs, thanks to new inward investor Innova Nanojet Technologies Ltd choosing to locate its first manufacturing facility in Scotland.

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RBS invites Scots entrepreneurs to join free accelerator programme

Published 4 days ago

The Royal Bank of Scotland (RBS) has opened applications for its accelerator programme in September.

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HRMC moves VAT registration changes to online only

Published 4 days ago

HMRC has made significant changes to the process for updating VAT registration details.

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AAB Group moves forward with brand consolidation as it nears £100m turnover

Published 4 days ago

Professional services firm AAB has announced the consolidation of its five brands across the UK and Ireland under the unified AAB name.

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