ScottishNews.com

Finance

BoS: Scottish business confidence takes a tumble

Published 1 year ago

Business confidence in Scotland fell 13 points during November to 31%, according to the latest Business Barometer from Bank of Scotland.

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SBP partners with Aberdeenshire Council to deliver FA accountancy

Published 1 year ago

SBP Accountants & Business Advisers (SBP) – which has offices in Aberdeen, Peterhead, Fraserburgh and Banff – has announced an exciting partnership with Aberdeenshire Council FA Team and their delivery in both Peterhead and Portlethen Academies, offering students an invaluable opportunity to gain practical experience in the accountancy field as part of their FA Accountancy award.

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Coventry’s £780m Co-op Bank takeover gets green light

Published 1 year ago

Coventry Building Society’s acquisition of the Co-operative Bank has been approved by regulators, paving the way for the creation of a major banking force with combined assets of £89 billion.

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Nationwide reaps £2.3bn windfall from Virgin Money takeover

Published 1 year ago

Nationwide Building Society has announced a £2.3 billion gain from its recent acquisition of Virgin Money, exceeding its initial forecast of £1.5bn.

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Afghan woman graduates with Masters in Accounting and Finance from Dundee after fleeing Taliban

Published 1 year ago

Shabnam Hassan Khan, an Afghan refugee, has shared her story after graduating from the University of Dundee with a Masters in Accounting and Finance.

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Azets: Scottish businesses face £3bn employment tax hike

Published 1 year 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%.

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Retail groups urge Scottish Government to match UK rates relief

Published 1 year 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.

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

Published 1 year ago

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

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Edinburgh claims top spot for FDI outside London

Published 1 year 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.

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Thomson Cooper Accountants marks 75th year in business

Published 1 year 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.

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Barclays drops appeal against £40m fine

Published 1 year 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.

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FCA branded ‘incompetent’ in parliamentary group report

Published 1 year ago

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

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

Published 1 year ago

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

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Scottish Government launches new Social Enterprise Action Plan

Published 1 year 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.

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Dundee businesswoman overcomes adversity to build wealth management firm

Published 1 year 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.

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