ScottishNews.com

Finance

ICAS sustainability summit brings together regulatory experts and business leaders

Published 1 day ago

Scotland’s finance professionals and businesspeople gathered at ICAS’ second Sustainability Summit to discuss ever-increasing sustainability and ESG reporting requirements.

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Scotland’s onshore GDP contracts 0.3% in February

Published 1 day ago

Following 0.6% growth in January, Scotland’s economy experienced a slight setback in February 2024, with onshore GDP contracting by 0.3%, according to statistics announced by the Chief Statistician.

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Convenience store group sold out of administration to SPAR Scotland

Published 1 day ago

In a deal facilitated by FRP Advisory, Scottish convenience store chain Eddy’s Food Station has been acquired by SPAR Scotland’s wholesaler, CJ Lang & Son Ltd, for an undisclosed sum.

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Acrisure furthers Scotland strategy with WH&R McCartney acquisition

Published 1 day ago

Acrisure, a global fintech, has acquired Scottish insurance broker WH&R McCartney.

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Scottish economic outlook looks set for weaker growth momentum

Published 2 days ago

Scotland is poised for a gradual economic recovery with steady growth predicted over the medium term, according to KPMG UK’s inaugural Scottish Economic Outlook report.

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UK fintech challenge to pioneers data-driven solutions for later life planning

Published 3 days ago

In a bid to spearhead innovation in the financial technology sector, FinTech Scotland and Smart Data Foundry have joined forces to introduce an industry-wide UK fintech innovation challenge.

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SpaceandPeople back to profit following Covid challenges

Published 4 days ago

Glasgow-headquartered SpaceandPeople has reported revenue of £5.8 million, a 24% increase, and a return to profitability after navigating choppy waters over the past three years.

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Waverton Wealth wins Regional Wealth Manager of the Year at COLWMA 2024

Published 4 days ago

Edinburgh-based Waverton Wealth has been awarded Regional Wealth Manager of the Year for Scotland and Northern Ireland at the 2024 City of London Wealth Management Awards (COLWMA).

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JBS Group upbeat with £7m contract portfolio and 40% growth projection

Published 4 days ago

Peterhead-based engineering solutions firm JBS Group has announced strong growth expectations as it executes a diverse portfolio of contracts valued at over £7 million for the latter half of this year.

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RBS provides £25 million funding injection to Maryhill Housing

Published 5 days ago

Maryhill Housing Association (MHA) has received a funding boost from Royal Bank of Scotland totalling almost £25 million to improve and maintain its current homes, whilst making progress towards net zero goals.

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Glasgow’s oldest bowls manufacturer secures Virgin Money funding for global expansion

Published 1 week ago

Thomas Taylor Bowls has secured a Virgin Money funding package backed by government department UK Export Finance (UKEF) to help the family business continue its international growth.

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March sees 11% increase in company insolvencies in Scotland

Published 1 week ago

Company insolvencies in Scotland have gone up 11% year-on-year, as 115 company insolvencies registered were registered during March 2024.

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SRC calls on Scottish ministers for competitive tax vision to deliver on New Deal promise

Published 1 week ago

The Scottish Retail Consortium (SRC) is urging Scottish Ministers to adopt a strategic approach to taxation in their upcoming medium-term tax strategy.

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RBS-owner NatWest reports 27% drop in Q1 profits

Published 1 week ago

NatWest Group, has announced a significant dip in first-quarter profits, reflecting challenges across the banking sector as interest rates settle.

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Scottish Friendly records highest sales in 162-year history

Published 1 week ago

Scottish Friendly has posted record sales of £51.1 million for 2023, up from £47.7m in 2022.

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