Finance
First Minister unveils economic vision for Scotland
Published 18 hours ago
First Minister John Swinney has outlined his economic ambitions for Scotland during a speech at the Barclays Campus in Glasgow’s financial district.
Read on www.scottishfinancialnews.com →
Anders Holch Povlsen remains richest in Scotland as country sees fewer billionaires
Published 19 hours ago
Despite having lost an approximate £1.77 billion in net worth, Anders Holch Povlsen has kept his position as Scotland’s richest person, according to the latest Sunday Times Rich List.
Read on www.scottishfinancialnews.com →
Wylie & Bisset steps in as Kellwood Engineering closes after 40 years
Published 19 hours ago
Kellwood Engineering, a Dumfries-based precision machining and fabrication company trading for almost 40 years, has had to close its doors with the loss of 27 employees.
Read on www.scottishfinancialnews.com →
Visa threshold increase sparks job offer withdrawals in finance sector
Published 1 day ago
Several accountancy and financial services firms, including Big Four firms Deloitte and KPMG, have rescinded job offers to international students following the UK government’s decision to raise the minimum salary thresholds for skilled worker visas.
Read on www.scottishfinancialnews.com →
Scotland at forefront of hybrid working among finance professionals
Published 2 days ago
Scotland has emerged as a global leader in hybrid working practices, with 71% of finance professionals adopting this approach, compared to the global average of 41%, according to ACCA.
Read on www.scottishfinancialnews.com →
AAB enhances executive team to chart course for growth
Published 2 days ago
AAB has promoted three business leaders to its senior leadership team.
Read on www.scottishfinancialnews.com →
Scottish labour market shows slow progress as economic challenges persist
Published 3 days ago
The latest labour market statistics for January to March 2024 in Scotland reveal a mixed picture of progress and ongoing challenges.
Read on www.scottishfinancialnews.com →
South Harbour expansion propels Port of Aberdeen to record profits
Published 3 days ago
The Port of Aberdeen, the UK’s oldest business, has posted a £25.7 million operating profit, up from £21.3m, for the year 2023.
Read on www.scottishfinancialnews.com →
MHA joins forces with Roberts Nathan to form Baker Tilly Ireland
Published 3 days ago
Accountancy firm MHA, which recently expanded into Scotland, is now setting its sights on Ireland.
Read on www.scottishfinancialnews.com →
Azets: Scotland’s M&A sector bleeds £10m annually in unclaimed VAT
Published 3 days ago
Scotland’s £7.3 billion dealmaking sector could be forfeiting approximately £10 million in recoverable VAT every year for costs such as professional fees that are not being reclaimed, according to new research into the UK’s M&A sector by Azets.
Read on www.scottishfinancialnews.com →
Consilium guides Hamilton Robertson on acquisition by Greenwood Moreland
Published 3 days ago
Specialists in owner-managed businesses Consilium Chartered Accountants advised Hamilton Robertson Insurance Brokers (HRIB) on its acquisition by Greenwood Moreland.
Read on www.scottishfinancialnews.com →
RBS: Service sector boosts Scottish private sector growth in April
Published 4 days ago
Output for Scotland’s private sector grew marginally in April, along with the third consecutive monthly rise in new business, according to the Royal Bank of Scotland Business Activity Index.
Read on www.scottishfinancialnews.com →
Haventus secures £100m credit facility from SNIB and UK Infrastructure Bank
Published 4 days ago
Haventus, the energy transition facilities provider, and owner of Ardersier Port, east of Inverness, has secured a £100 million joint credit facility from the Scottish National Investment Bank (the Bank) and UK Infrastructure Bank (UKIB) with £50m investment from each.
Read on www.scottishfinancialnews.com →
Wood Group turns down £1.4bn takeover bid from Sidara
Published 1 week ago
Aberdeen-based oil services company Wood Group has declined a £1.4 billion takeover offer from Dubai-based rival Sidara, citing the offer as “fundamentally undervalued”.
Read on www.scottishfinancialnews.com →
Anticipation of future cut grows as BoE votes to hold rate rates again
Published 1 week ago
The Bank of England’s Monetary Policy Committee (MPC) has voted to maintain the Bank Rate at 5.25% in May, but experts say signs of an impending rate cut are clear.
Read on www.scottishfinancialnews.com →
First Minister unveils economic vision for Scotland
Published 18 hours ago
First Minister John Swinney has outlined his economic ambitions for Scotland during a speech at the Barclays Campus in Glasgow’s financial district.
Read on www.scottishfinancialnews.com →
Anders Holch Povlsen remains richest in Scotland as country sees fewer billionaires
Published 19 hours ago
Despite having lost an approximate £1.77 billion in net worth, Anders Holch Povlsen has kept his position as Scotland’s richest person, according to the latest Sunday Times Rich List.
Read on www.scottishfinancialnews.com →
Wylie & Bisset steps in as Kellwood Engineering closes after 40 years
Published 19 hours ago
Kellwood Engineering, a Dumfries-based precision machining and fabrication company trading for almost 40 years, has had to close its doors with the loss of 27 employees.
Read on www.scottishfinancialnews.com →
Visa threshold increase sparks job offer withdrawals in finance sector
Published 1 day ago
Several accountancy and financial services firms, including Big Four firms Deloitte and KPMG, have rescinded job offers to international students following the UK government’s decision to raise the minimum salary thresholds for skilled worker visas.
Read on www.scottishfinancialnews.com →
Scotland at forefront of hybrid working among finance professionals
Published 2 days ago
Scotland has emerged as a global leader in hybrid working practices, with 71% of finance professionals adopting this approach, compared to the global average of 41%, according to ACCA.
Read on www.scottishfinancialnews.com →
AAB enhances executive team to chart course for growth
Published 2 days ago
AAB has promoted three business leaders to its senior leadership team.
Read on www.scottishfinancialnews.com →
Scottish labour market shows slow progress as economic challenges persist
Published 3 days ago
The latest labour market statistics for January to March 2024 in Scotland reveal a mixed picture of progress and ongoing challenges.
Read on www.scottishfinancialnews.com →
South Harbour expansion propels Port of Aberdeen to record profits
Published 3 days ago
The Port of Aberdeen, the UK’s oldest business, has posted a £25.7 million operating profit, up from £21.3m, for the year 2023.
Read on www.scottishfinancialnews.com →
MHA joins forces with Roberts Nathan to form Baker Tilly Ireland
Published 3 days ago
Accountancy firm MHA, which recently expanded into Scotland, is now setting its sights on Ireland.
Read on www.scottishfinancialnews.com →
Azets: Scotland’s M&A sector bleeds £10m annually in unclaimed VAT
Published 3 days ago
Scotland’s £7.3 billion dealmaking sector could be forfeiting approximately £10 million in recoverable VAT every year for costs such as professional fees that are not being reclaimed, according to new research into the UK’s M&A sector by Azets.
Read on www.scottishfinancialnews.com →
Consilium guides Hamilton Robertson on acquisition by Greenwood Moreland
Published 3 days ago
Specialists in owner-managed businesses Consilium Chartered Accountants advised Hamilton Robertson Insurance Brokers (HRIB) on its acquisition by Greenwood Moreland.
Read on www.scottishfinancialnews.com →
RBS: Service sector boosts Scottish private sector growth in April
Published 4 days ago
Output for Scotland’s private sector grew marginally in April, along with the third consecutive monthly rise in new business, according to the Royal Bank of Scotland Business Activity Index.
Read on www.scottishfinancialnews.com →
Haventus secures £100m credit facility from SNIB and UK Infrastructure Bank
Published 4 days ago
Haventus, the energy transition facilities provider, and owner of Ardersier Port, east of Inverness, has secured a £100 million joint credit facility from the Scottish National Investment Bank (the Bank) and UK Infrastructure Bank (UKIB) with £50m investment from each.
Read on www.scottishfinancialnews.com →
Wood Group turns down £1.4bn takeover bid from Sidara
Published 1 week ago
Aberdeen-based oil services company Wood Group has declined a £1.4 billion takeover offer from Dubai-based rival Sidara, citing the offer as “fundamentally undervalued”.
Read on www.scottishfinancialnews.com →
Anticipation of future cut grows as BoE votes to hold rate rates again
Published 1 week ago
The Bank of England’s Monetary Policy Committee (MPC) has voted to maintain the Bank Rate at 5.25% in May, but experts say signs of an impending rate cut are clear.
Read on www.scottishfinancialnews.com →