ScottishNews.com

Finance

Scottish corporate insolvencies jump 13% in May

Published 1 month ago

Scotland saw a 13% increase in company insolvencies in May 2025 compared to the same period last year, reaching a total of 133.

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Scotland’s IHT bill to near £400m by 2026/27

Published 1 month ago

The number of families estates in Edinburgh and Glasgow subject to Inheritance Tax (IHT) is set to rise sharply by the end of 2026/27, according to a new report by Wright, Johnston & Mackenzie and Irwin Mitchell.

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Scottish businesses facing barriers to growth reach five-year high

Published 1 month ago

More than eight in ten Scottish small business owners (83%) cite barriers holding their businesses back from growing – with concerns over fixed costs and the cost of hiring skilled labour on the rise – according to Novuna Business Finance.

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SBS: Three in four Scots expect savings to shrink this year

Published 1 month ago

Three in four people in Scotland expect their savings to be negatively affected this year as economic pressures continue to mount, according to the Scottish Building Society (SBS)

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BR-DGE expands APM coverage with AstroPay

Published 1 month ago

Edinburgh-headquartered BR-DGE has announced the latest global alternative payment method (APM) supported on its platform, through a strategic partnership with AstroPay, a global digital wallet service.

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Social Investment Scotland appoints Sharon Gillies as new chief operations officer

Published 2 months ago

Social Investment Scotland (SIS) has appointed Sharon Gillies as its new chief operations officer (COO).

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MSP hails Glasgow Kelvin College for supporting economic growth and inclusion

Published 2 months ago

Glasgow MSP Ivan McKee has praised Glasgow Kelvin College for its “crucial role in preparing Scotland’s future workforce” following a visit to its Springburn Campus to see the college’s pioneering work in green skills, engineering, and inclusive education.

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Scotland’s quarterly jobless rate climbs as wage growth eases

Published 2 months ago

Scotland’s unemployment rate rose to 4.3% in the three months to March 2025, an increase of 0.5 percentage points from the previous quarter, according to Office for National Statistics (ONS) data.

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RBS: Employment stabilises across Scottish private sector in April

Published 2 months ago

Firms have reported that increased global economic uncertainty, particularly related to US tariff announcements, is significantly impacting demand across various regions.

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Scottish National Investment Bank pours further £2.25m into Cyacomb as new chair appointed

Published 2 months ago

Edinburgh-based digital forensics company, Cyacomb, has appointed a new chair and secured an additional £2.25 million from the Scottish National Investment Bank to further scale the company and expand the international application of its technology.

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Scotland showcases fintech leadership at Europe’s largest fintech conference

Published 2 months ago

Scotland’s burgeoning financial technology (fintech) sector is set to take centre stage at Europe’s largest fintech conference, Money 20/20.

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Scotland’s asset management sector targets £1tn with new growth plan

Published 2 months ago

Industry leaders have set out ambitious plans to unlock growth in Scotland’s globally-renowned asset management sector.

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FCA unveils plans to cut red tape for UK insurance sector

Published 2 months ago

The UK’s insurance market may soon operate under simpler, more straightforward regulations, according to proposals released by the Financial Conduct Authority (FCA).

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Ex-council worker who embezzled £1m to repay just under half

Published 2 months ago

A former local authority employee who embezzled more than £1 million from Aberdeen City Council over a 17-year period has been ordered to repay more than £165,000 under proceeds of crime laws.

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Terra Firma’s Derek Francis awarded CIOT & ATT Certificate of Merit and Appreciation

Published 2 months ago

Terra Firma Chambers’ Derek Francis has been awarded the Chartered Institute of Taxation and Association of Taxation Technicians Certificate of Merit and Appreciation at the CIOT and ATT Joint Presidents’ Reception held last Thursday at The Royal Yacht Britannia, Edinburgh.

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