ScottishNews.com

Finance

RSL finances ‘weakened’, but Regulator projections show ‘medium-term improvement’

Published 6 months ago

A new report by the Scottish Housing Regulator has concluded that the finances of registered social landlords finances have weakened, resulting in less financial headroom, but forecasts have predicted some improvement in the medium term.

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HMRC accused of turning a blind eye to Chinese tax evasion

Published 6 months ago

HMRC has come under fire over accusations of overlooking widespread tax evasion by Chinese “burner” companies operating on online marketplaces like Amazon, eBay, and Temu.

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Regulator warns MPs against ‘race to the bottom’ in growth push

Published 6 months ago

The Financial Conduct Authority (FCA) has cautioned MPs against a “race to the bottom” in the pursuit of economic growth.

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Women entrepreneurs a key focus for investment in next Scottish budget

Published 6 months ago

The Scottish Government has announced a package of measures to help entrepreneurs start and grow their businesses, to will be delivered next year with funding in the draft Scottish Budget 2025/26.

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Julius Baer doubles down on Scotland with Glasgow office launch

Published 6 months ago

Julius Baer International (JBI), part of Swiss bank Julius Bär Group, has announced the opening of its second Scotland office in Glasgow, adding to its existing presence in Edinburgh.

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Phil Anderson Financial Services continues England expansion with Cheshire office

Published 6 months ago

Ellon-based Phil Anderson Financial Services has opened a new office in Wilmslow, Cheshire, further expanding its England presence.

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Armstrong Watson: Scottish Budget announcements do little to ease fiscal drag

Published 6 months ago

Among the SNP’s Scottish Budget proposals for the coming tax year, Finance Secretary Shona Robison announced increases to the income tax starter rate and basic rate thresholds, however these small tax savings do very little to ease the pain of fiscal drag for many.

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ICAS CEO named chair of Global Accounting Alliance

Published 6 months ago

Bruce Cartwright CA, CEO of the Institute of Chartered Accountants of Scotland (ICAS), has been appointed as new chair of the Global Accounting Alliance (GAA).

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Aviva to acquire Direct Line in £3.6bn deal

Published 6 months ago

Aviva has reached a preliminary agreement to acquire rival insurer Direct Line for £3.6 billion after its third takeover bid was accepted.

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Report: Job vacancies drop amid lower business confidence

Published 6 months ago

UK job vacancies have fallen at their fastest rate since the start of the pandemic, with businesses facing slumping confidence, rising costs, and weakening consumer demand.

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SRC: Black Friday boosts Scottish retail sales

Published 6 months ago

Sales rose during Black Friday week as Scottish shoppers embraced deals both online and in-store, providing a much-needed boost to retailers.

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Sandy Begbie awarded Freedom of the City of London

Published 6 months ago

The chief executive of Scottish Financial Enterprise, Sandy Begbie CBE FRSE, has received the Freedom of the City of London, in recognition of his significant contribution to Scotland’s financial and professional services sector.

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Highland Council finances receive Audit Scotland seal of approval

Published 6 months ago

Audit Scotland’s Annual Audit Report 2023/24 has commended The Highland Council for its effective financial management and governance arrangements.

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Fiscal drag pushes hundreds of thousands more taxpayers into 60% bracket

Published 6 months ago

New figures have revealed a dramatic increase in the number of UK taxpayers facing a 60% tax rate on a portion of their earnings.

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Bitcoin reaches $100,000 for first time

Published 6 months ago

Bitcoin has reached a long-awaited milestone, rising above $100,000 (c. £78,000) for the first time in its history.

Read on www.scottishfinancialnews.com →