ScottishNews.com

Finance

ACCA: Scottish accountants embrace AI, outpacing global peers

Published 1 month ago

Scottish accountants are demonstrating a notably positive stance towards Artificial Intelligence (AI), embracing the technology more readily and with less concern than their global counterparts, according to new data from the ACCA (Association of Chartered Certified Accountants).

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Scots lead UK with 19% ISA investment surge in Q1

Published 1 month ago

Scottish investors demonstrated a strong start to the year, with initial contributions to new individual savings accounts (ISAs) surging by an average of 19% in the first quarter of 2025 – the biggest quarterly rise of any UK region, according to Scottish Friendly.

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Macfarlane confirms full year outlook and share buyback despite drop in profits

Published 1 month ago

Glasgow-headquartered Macfarlane Group Plc has reported that its expectations for the full year remain unchanged, despite a mixed first quarter in 2025.

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SCC: First Minister’s Programme for Government needs to prioritise Scottish businesses

Published 1 month ago

The Scottish Chambers of Commerce (SCC) has called for an immediate focus on business at the heart of today’s Programme for Government review.

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Aberdeen recruiter TMM transfers ownership to staff

Published 1 month ago

Aberdeen-based TMM Recruitment has transitioned to employee ownership, giving its 32-strong workforce a significant role in shaping the company’s future.

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James Hallam launches Edinburgh office with three new client directors

Published 1 month ago

Insurance broker James Hallam has bolstering its Scottish operations with the opening of a new office in Edinburgh and appointment of Jamie Johnstone as client director and head of office to lead the new venture.

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RSM: Challenging outlook for Scottish hotels as occupancy and rates fall

Published 1 month ago

Occupancy and room rates dipped slightly for Scotland’s hotel sector in March, with further headwinds expected amidst the increase to employers’ National Insurance contributions from April, according to the RSM Hotels Tracker.

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From ‘Betty’ to big data – how AI is reshaping Scotland’s accountancy landscape

Published 1 month ago

As artificial intelligence (AI) rapidly moves from a futuristic concept to a practical tool within the accountancy profession, firms across Scotland are grappling with its potential, integrating AI to enhance efficiency while navigating the risks and ethical considerations.

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Just Transition Fund reopens for applications

Published 1 month ago

Communities across the North East and Moray will benefit from over £8 million of funding to create jobs in low carbon industries and enhance green and net zero skills.

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Taxpayers’ stake in bailed-out RBS drops below 3%

Published 2 months ago

The UK government’s shareholding in NatWest Group has fallen below 3%, marking a significant milestone in returning the bank to full private ownership following its £46 billion bailout during the 2008 financial crisis.

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PDG Aviation Services acquires drone specialist Team UAV

Published 2 months ago

PDG Aviation Services (PDG), an Inverness-headquartered provider of manned aerial solutions for critical infrastructure, has acquired drone specialist Team UAV.

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March inflation drop fuels May rate cut hopes

Published 2 months ago

UK inflation fell to 2.6% in March, dropping from 2.8% in February and below City forecasts of 2.7%, intensifying pressure on the Bank of England to consider cutting interest rates at its meeting next month.

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Employee-owned Scott and Fyfe credits team for strong results

Published 2 months ago

Fife-based employee-owned Scott and Fyfe has reported another year of robust financial results, demonstrating resilience despite ongoing geopolitical tensions and increased operational costs.

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Michael Reid appointed liquidator for Aberdeen’s Belmar Engineering

Published 2 months ago

MHA’s Michael Reid has been appointed liquidator for Aberdeen-based Belmar Engineering as the firm ceased trading, resulting in the immediate loss of all 48 jobs.

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Söderberg & Partners enters Scotland, backing Murphy Wealth

Published 2 months ago

Glasgow-based financial planning firm Murphy Wealth has secured a significant investment from European wealth management giant Söderberg & Partners, marking the latter’s first partnership in Scotland.

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