Finance
HMRC admits using AI to scan social media for tax cheats
Published 1 week ago
HM Revenue and Customs (HMRC) has confirmed it uses artificial intelligence to analyse taxpayers’ social media posts as part of criminal investigations into tax evasion.
Read on www.scottishfinancialnews.com →
TLT reports £187m turnover amid significant growth in Scotland
Published 1 week ago
TLT has reported a record annual turnover of £187 million in its latest financial results, with Scottish revenue having increased by over 400% in six years.
Read on www.scottishfinancialnews.com →
Father and son duo launch Glasgow brokerage with £5m first year target
Published 1 week ago
A new independent brokerage, Octo Insurance Brokers, has officially launched with an ambitious target to write £5 million in gross written premiums in its first year.
Read on www.scottishfinancialnews.com →
Starting salary growth hits four-year low as UK jobs market cools
Published 1 week ago
Hiring activity across the UK fell sharply in July as businesses held back on recruitment amidst concerns over the economic outlook and rising labour costs.
Read on www.scottishfinancialnews.com →
STAC launches investment arm, funnelling £1m into first three startups
Published 1 week ago
Three pioneering healthtech companies are set to accelerate their growth and market impact thanks to investment from STAC, Scotland’s industry-led accelerator for smart, connected, and deep tech startups.
Read on www.scottishfinancialnews.com →
Cyber and Fraud Hub helps 450 victims and recovers £1.15m in first year
Published 1 week ago
Scotland’s sole charity dedicated to supporting victims of cybercrime and fraud has announced a significant impact in its inaugural year, recovering or preventing the loss of over £1.15 million for those affected.
Read on www.scottishfinancialnews.com →
Gillespie Macandrew profits climb 20% amidst sector-focused strategy
Published 1 week ago
Gillespie Macandrew has posted an 11% rise in turnover to £19.6 million and a 20% increase in profits to £6.3m for the year ending 28 February 2025.
Read on www.scottishfinancialnews.com →
Bank of England cuts rate to 4% in knife-edge vote
Published 1 week ago
The Bank of England (BoE) has reduced the base interest rate to 4%, but a deep split among policymakers has signalled that the current cycle of reductions may be nearing its end.
Read on www.scottishfinancialnews.com →
RSM: Oasis brings supersonic boost to Scotland’s economy
Published 1 week ago
As Oasis fans prepare to gather at Murrayfield Stadium for a weekend at the Live 25’ reunion tour, demand for hotel rooms in Scotland has skyrocketed, with rates increasing by almost 200%, RSM analysis shows.
Read on www.scottishfinancialnews.com →
R3: Overdue invoices top 1.8 million in Scotland as pressure mounts
Published 1 month ago
The number of overdue invoices on the books of Scottish businesses hit more than 1.8 million in Q2 2025, according to new research from R3.
Read on www.scottishfinancialnews.com →
Mansion House: Growth cannot come at the expense of public trust, warns ICAS
Published 1 month ago
In her second Mansion House speech, delivered last night, the Chancellor, Rachel Reeves unveiled a wide-ranging set of regulatory changes aimed at stimulating growth in the financial services sector.
Read on www.scottishfinancialnews.com →
Mansion House: Chancellor sets out financial reforms to cut red tape
Published 1 month ago
Chancellor Rachel Reeves has unveiled a package of reforms for the UK’s financial services industry, aimed at cutting red tape and stimulating much-needed economic growth.
Read on www.scottishfinancialnews.com →
FCA fines Barclays £42m for ‘poor financial crime controls’
Published 1 month ago
The Financial Conduct Authority (FCA) has fined Barclays Bank UK PLC and Barclays Bank PLC a total of £42 million for separate instances of failings in its financial crime risk management – one relating to WealthTek and one relating to Stunt & Co.
Read on www.scottishfinancialnews.com →
Barnett Formula ‘fit for purpose’ but requires overhaul for transparency and flexibility, say MPs
Published 1 month ago
A report from the Scottish Affairs Committee (SAC) has concluded that the Barnett formula is fit for purpose and that there is not a clear need to reform it significantly.
Read on www.scottishfinancialnews.com →
Stagflation fears grow as UK inflation climbs to 3.6%
Published 1 month ago
UK inflation unexpectedly rose to 3.6% in June, casting doubt on the likelihood of an interest rate cut in August.
Read on www.scottishfinancialnews.com →
HMRC admits using AI to scan social media for tax cheats
Published 1 week ago
HM Revenue and Customs (HMRC) has confirmed it uses artificial intelligence to analyse taxpayers’ social media posts as part of criminal investigations into tax evasion.
Read on www.scottishfinancialnews.com →
TLT reports £187m turnover amid significant growth in Scotland
Published 1 week ago
TLT has reported a record annual turnover of £187 million in its latest financial results, with Scottish revenue having increased by over 400% in six years.
Read on www.scottishfinancialnews.com →
Father and son duo launch Glasgow brokerage with £5m first year target
Published 1 week ago
A new independent brokerage, Octo Insurance Brokers, has officially launched with an ambitious target to write £5 million in gross written premiums in its first year.
Read on www.scottishfinancialnews.com →
Starting salary growth hits four-year low as UK jobs market cools
Published 1 week ago
Hiring activity across the UK fell sharply in July as businesses held back on recruitment amidst concerns over the economic outlook and rising labour costs.
Read on www.scottishfinancialnews.com →
STAC launches investment arm, funnelling £1m into first three startups
Published 1 week ago
Three pioneering healthtech companies are set to accelerate their growth and market impact thanks to investment from STAC, Scotland’s industry-led accelerator for smart, connected, and deep tech startups.
Read on www.scottishfinancialnews.com →
Cyber and Fraud Hub helps 450 victims and recovers £1.15m in first year
Published 1 week ago
Scotland’s sole charity dedicated to supporting victims of cybercrime and fraud has announced a significant impact in its inaugural year, recovering or preventing the loss of over £1.15 million for those affected.
Read on www.scottishfinancialnews.com →
Gillespie Macandrew profits climb 20% amidst sector-focused strategy
Published 1 week ago
Gillespie Macandrew has posted an 11% rise in turnover to £19.6 million and a 20% increase in profits to £6.3m for the year ending 28 February 2025.
Read on www.scottishfinancialnews.com →
Bank of England cuts rate to 4% in knife-edge vote
Published 1 week ago
The Bank of England (BoE) has reduced the base interest rate to 4%, but a deep split among policymakers has signalled that the current cycle of reductions may be nearing its end.
Read on www.scottishfinancialnews.com →
RSM: Oasis brings supersonic boost to Scotland’s economy
Published 1 week ago
As Oasis fans prepare to gather at Murrayfield Stadium for a weekend at the Live 25’ reunion tour, demand for hotel rooms in Scotland has skyrocketed, with rates increasing by almost 200%, RSM analysis shows.
Read on www.scottishfinancialnews.com →
R3: Overdue invoices top 1.8 million in Scotland as pressure mounts
Published 1 month ago
The number of overdue invoices on the books of Scottish businesses hit more than 1.8 million in Q2 2025, according to new research from R3.
Read on www.scottishfinancialnews.com →
Mansion House: Growth cannot come at the expense of public trust, warns ICAS
Published 1 month ago
In her second Mansion House speech, delivered last night, the Chancellor, Rachel Reeves unveiled a wide-ranging set of regulatory changes aimed at stimulating growth in the financial services sector.
Read on www.scottishfinancialnews.com →
Mansion House: Chancellor sets out financial reforms to cut red tape
Published 1 month ago
Chancellor Rachel Reeves has unveiled a package of reforms for the UK’s financial services industry, aimed at cutting red tape and stimulating much-needed economic growth.
Read on www.scottishfinancialnews.com →
FCA fines Barclays £42m for ‘poor financial crime controls’
Published 1 month ago
The Financial Conduct Authority (FCA) has fined Barclays Bank UK PLC and Barclays Bank PLC a total of £42 million for separate instances of failings in its financial crime risk management – one relating to WealthTek and one relating to Stunt & Co.
Read on www.scottishfinancialnews.com →
Barnett Formula ‘fit for purpose’ but requires overhaul for transparency and flexibility, say MPs
Published 1 month ago
A report from the Scottish Affairs Committee (SAC) has concluded that the Barnett formula is fit for purpose and that there is not a clear need to reform it significantly.
Read on www.scottishfinancialnews.com →
Stagflation fears grow as UK inflation climbs to 3.6%
Published 1 month ago
UK inflation unexpectedly rose to 3.6% in June, casting doubt on the likelihood of an interest rate cut in August.
Read on www.scottishfinancialnews.com →