ScottishNews.com

Finance

Audit Scotland: Fife Council faces £46m savings target amid service strain

Published 10 months ago

Fife Council, having previously maintained services without major cuts, now faces a critical juncture, as a recent Accounts Commission report has highlighted a mixed performance, with deepening inequalities and deteriorating social care.

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Report: Savers reject cash ISA cuts in overwhelming numbers

Published 10 months ago

Research by the Building Societies Association has shown that three-quarters (73%) of UK adults with Cash ISAs are against the UK government scrapping or reducing Cash ISAs.

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Cyber and Fraud Hub supports 228 individuals in cases worth £8m over last six months

Published 10 months ago

The Cyber and Fraud Hub has helped hundreds of individuals protect themselves from financial loss since launching last July.

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SRC seeks action as shop thefts spike by 18%

Published 10 months ago

New figures reveal a significant rise in shoplifting across Scotland, with a reported 18% increase in the year ending December 2024.

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Scott James & Associates surpasses £240m funds under management after acquisition

Published 10 months ago

Financial planning and investment specialist Scott James & Associates has significantly expanded its operations with the acquisition of a fellow St. James’s Place (SJP) partner practice.

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Glasgow R&D firm Minerva Innovation targets client doubling in 2025

Published 10 months ago

Glasgow-based Minerva Innovation Group, specialising in R&D tax relief for businesses, aims to double its client base in 2025.

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Foresight Group leads £3.4m investment in Scottish biotech firm

Published 10 months ago

Scottish biotech engineering company uFraction8 has secured £3.4 million in new investment following the completion of a funding round led by Foresight Group.

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BDO: Increase in zombie companies in Scottish mid-market as challenging economic conditions continue to bite

Published 10 months ago

A growing number of mid-sized Scottish businesses are at risk of becoming “zombie” companies, according to research by BDO.

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Reward Funding targets £500m loan book after major refinance

Published 10 months ago

Dunfermline-based Reward Funding has finalised a £360 million refinance, a crucial step in its plan to expand its loan book to £500m within three years.

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Five fintechs share £250k to drive financial inclusion

Published 11 months ago

Five fintech firms have each been awarded £50,000 to propel developments that support financial inclusion, accelerate financial resilience and deepen consumer engagement in financial services.

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SLE: UK government’s tax plans ignore Scotland’s farming structure

Published 11 months ago

The impact of tax changes on Scotland’s distinctive farming sector is either severely misunderstood or being deliberately ignored by the UK government, Scottish Land & Estates said today.

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Wood Group CFO resigns amid ‘incorrect description’ of qualifications

Published 11 months ago

Wood Group’s chief financial officer, Arvind Balan, has resigned with immediate effect after admitting to misrepresenting his professional qualifications.

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New Junior ISA sales jump 12% in Q4 2024, despite economic uncertainty

Published 11 months ago

The volume of new Junior ISA (JISA) policies opened across the UK in the last quarter was up 12% on the previous quarter, according to the quarterly Scottish Friendly Investor Index.

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Lloyds announces £1.7bn share buyback as profits slump 20%

Published 11 months ago

Bank of Scotland-owner Lloyds Banking Group has reported a significant 20.4% drop in annual pre-tax profit, falling short of market expectations.

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Medieval coin hoard discovered in the Borders

Published 11 months ago

Two metal detectorists have unearthed a hoard of 15th century coins in the Scottish Borders.

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