ScottishNews.com

Finance

Nationwide boosts interest-free green loans to £20,000

Published 7 months ago

Nationwide Building Society has increased its interest-free green loan offering from £15,000 to £20,000 to encourage homeowners to make energy-efficient improvements.

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Scottish corporate insolvencies up 10.6% year-on-year

Published 7 months ago

Corporate insolvencies in Scotland have risen by 10.6% in Q2 2024-25 (July to September) compared to the same period last year, reaching 313.

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Bank of Scotland-owner Lloyds’ profits exceed expectations despite falling interest income

Published 7 months ago

Lloyds Banking Group has exceeded profit expectations, reporting pre-tax profits of £1.8 billion for the third quarter.

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BDO joint administrators appointed to handle Inverness Caledonian Thistle administration

Published 7 months ago

James Stephen, Malcolm Cohen and Shane Crooks of BDO have been appointed joint administrators of Inverness Caledonian Thistle Football Club.

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Handelsbanken expands Edinburgh presence with relocation to larger west end office

Published 7 months ago

Handelsbanken has strengthened its position in Edinburgh with a move to new branch premises in the city’s west end.

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BK Plus enters Scottish market with double accountancy firm acquisition

Published 7 months ago

Accountancy firm BK Plus has acquired Cornerstone Accountants in Glasgow and FourM Accountants in Dundee, adding almost 100 staff and expanding its presence into Scotland.

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Smart Data Foundry reveals unequal impact of shifting interest rates

Published 7 months ago

New research from Edinburgh’s Smart Data Foundry has revealed the significant impact of bank rate rises on consumer finances in Scotland.

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Report: Fraudsters steal over half a billion pounds in first half of 2024

Published 7 months ago

UK Finance has reported that £571.7 million was stolen through payment fraud in the first half of 2024, a 1.5% decrease from the same period in 2023.

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Volkswagen Finance to pay £21.5m compensation for failing vulnerable customers

Published 7 months ago

Volkswagen Financial Services (UK) Limited (Volkswagen Finance) has been fined £5,397,600 by the Financial Conduct Authority (FCA) for failing to treat customers in financial difficulty fairly.

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SWPL scores 17% rise in club payouts in second year

Published 7 months ago

The Scottish Women’s Premier League (SWPL) has reported record financial results for its second year, with payments to clubs totalling £389,000, a 17% rise on the previous year.

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HNH Partners sets sights on new markets with refreshed brand

Published 7 months ago

HNH Partners has shared plans for growth and team expansion following a series of recent appointments.

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Company insolvencies down 16% in Scotland

Published 8 months ago

Scottish company insolvencies have declined by 16% since last year, but experts say overall volumes will remain high for some time to come.

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Labour to raise CGT on shares while protecting buy-to-let and second homes

Published 8 months ago

Chancellor Rachel Reeves is expected to increase capital gains tax (CGT) on the sale of shares and other assets, but will leave the rate on second homes and buy-to-let properties unchanged.

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Scotland sees growth in equity deals among smaller businesses

Published 8 months ago

Equity deal activity involving smaller businesses in Scotland picked up during the first half of 2024, one of only two parts of the UK to experience a year-on-year increase after a difficult 2023, according to new research from the British Business Bank.

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Scottish female-led companies set to leverage £4.5m funding

Published 8 months ago

Investing Women Angels (IWA) has announced it will back a series of investment rounds over the next four months that is set to raise more than £4.5 million for four female-founded companies in Scotland.

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