ScottishNews.com

Finance

Azets: Scottish businesses face £3bn employment tax hike

Published 5 months ago

Scottish businesses are faced with a significant increase in employment costs, with estimates suggesting an additional £3 billion burden, due to the UK government’s rise in employer national insurance contributions (NIC) to 15%.

Read on www.scottishfinancialnews.com →

Retail groups urge Scottish Government to match UK rates relief

Published 5 months ago

Nine business groups representing the retail industry have jointly written to the Scottish Government’s Finance Secretary, Shona Robison MSP, asking her to ensure retailers in Scotland are awarded rates relief for 2025-26.

Read on www.scottishfinancialnews.com →

BDO breaks £1bn revenue and boosts partner payouts by 12%

Published 5 months ago

BDO has exceeded £1 billion in revenue for the first time in its century-long history.

Read on www.scottishfinancialnews.com →

Edinburgh claims top spot for FDI outside London

Published 5 months ago

Edinburgh has replaced Brighton as the highest-ranking UK city outside of London for foreign direct investment (FDI) attractiveness, according to law firms Wright, Johnston & Mackenzie (WJM) and Irwin Mitchell.

Read on www.scottishfinancialnews.com →

Thomson Cooper Accountants marks 75th year in business

Published 5 months ago

Thomson Cooper Accountants has marked three-quarters of a century of growth, innovation and commitment to client service, as it celebrates its 75th anniversary.

Read on www.scottishfinancialnews.com →

Barclays drops appeal against £40m fine

Published 5 months ago

Barclays has been fined £40 million by the Financial Conduct Authority (FCA) for failing to disclose payments made to Qatari investors during the 2008 financial crisis.

Read on www.scottishfinancialnews.com →

FCA branded ‘incompetent’ in parliamentary group report

Published 5 months ago

A report by MPs and peers has branded the Financial Conduct Authority (FCA) as “incompetent at best, dishonest at worst”.

Read on www.scottishfinancialnews.com →

Further tax hikes possible as UK borrowing surges to near-record high

Published 5 months ago

UK government borrowing hit £17.4 billion in October, the second-highest figure for the month on record.

Read on www.scottishfinancialnews.com →

Scottish Government launches new Social Enterprise Action Plan

Published 5 months ago

The new Social Enterprise Action Plan 2024-2026 has been launched by the Scottish Government setting out a bold vision to strengthen Scotland’s social enterprise ecosystem and foster innovation, inclusivity and sustainability.

Read on www.scottishfinancialnews.com →

Dundee businesswoman overcomes adversity to build wealth management firm

Published 5 months ago

Milne Wealth Management founder Elaine Milne has spoken of her difficult journey from a housing scheme in Dundee to running a wealth management firm with hundreds of clients across the country.

Read on www.scottishfinancialnews.com →

MHA pledges net zero by 2030 in new sustainability report

Published 5 months ago

Accountancy and business advisory firm MHA, which has offices in Aberdeen and Edinburgh, has outlined its strategy to become net zero by 2030 as part of a wide range of commitments in its Sustainability ESG Report 2024.

Read on www.scottishfinancialnews.com →

Quarter of lenders rejecting homes with spray foam insulation, study finds

Published 5 months ago

A quarter of the UK’s biggest mortgage providers will not lend against homes with spray foam insulation, new research has suggested.

Read on www.scottishconstructionnow.com →

Former Royal Mail CFO receives honorary doctorate from UWS

Published 5 months ago

University of the West of Scotland (UWS) bestowed an honorary doctorate upon Angela Noon OBE, group chief financial officer of Spectris PLC, during its winter graduation ceremony at Paisley Abbey on 15 November.

Read on www.scottishfinancialnews.com →

The King’s Trust expands Business Advance programme to Scotland

Published 5 months ago

Youth charity The King’s Trust has today announced the Scotland roll-out of Business Advance, a programme designed and developed in partnership with LDC, to help young entrepreneurs sustain and grow their businesses through the first three years of trading.

Read on www.scottishfinancialnews.com →

Employees take ownership of EPM Solutions and appoint new MD

Published 5 months ago

EPM Solutions, an expert in engineering asset management, has announced its transition to an Employee Ownership Trust (EOT).

Read on www.scottishfinancialnews.com →