Finance
FCA fines TSB £10.9m for failing to support customers in arrears
Published 6 months ago
The Financial Conduct Authority (FCA) has fined TSB Bank plc (TSB) £10,910,500 for failing to ensure customers who were in arrears were treated fairly.
Read on www.scottishfinancialnews.com →
Summerhall faces winding-up petition over unpaid tax
Published 6 months ago
Summerhall, the Edinburgh Fringe venue facing closure earlier this year, has been issued a winding-up petition by HMRC for unpaid corporation tax.
Read on www.scottishfinancialnews.com →
PwC invests in new sustainable Glasgow HQ
Published 6 months ago
PwC has announced it is relocating its Glasgow office to the newly refurbished Aurora building on Bothwell Street in 2025.
Read on www.scottishfinancialnews.com →
Accountants Plus acquires stake in John Di Mambro & Co
Published 6 months ago
Accountants Plus has acquired part of fellow Hamilton-based accountancy and business advisory firm John Di Mambro & Co.
Read on www.scottishfinancialnews.com →
SCOT JCB sees profits fall 14.6% amid economic headwinds
Published 6 months ago
SCOT JCB, the Glasgow-based plant machinery specialist, has reported a 14.6% drop in pre-tax profits to £5.19 million for the year ending 31 December 2023.
Read on www.scottishfinancialnews.com →
Reward Funding provides £1.14m for new Ayrshire boutique hotel
Published 6 months ago
Alternative finance lender Reward Funding provided a Prestwick-based restaurant owner with £1.14 million to complete the transformation of a new four-star boutique hotel and unlock business growth opportunities within the area’s lucrative golf tourism industry.
Read on www.scottishfinancialnews.com →
Glasgow fintech secures £750,000 in equity funding
Published 6 months ago
Glasgow-based specialist workforce optimisation software provider Corporate Modelling Services Ltd (CMS) has secured £750,000 in equity funding from the Investment Fund for Scotland (IFS), managed by Maven Capital Partners and delivered by the British Business Bank.
Read on www.scottishfinancialnews.com →
AAB expands south with Barlow Andrews deal
Published 6 months ago
Scotland-headquartered professional services firm AAB has acquired Bolton-based Barlow Andrews and its sister entity Beech Business Services.
Read on www.scottishfinancialnews.com →
JTC posts record £1.4m pre-tax profit
Published 7 months ago
Dundee-based JTC, a leading manufacturer of kitchens, bedrooms, and bathrooms, has announced its highest profits in over a decade.
Read on www.scottishfinancialnews.com →
Report: Budget holds key to economic recovery as momentum slows
Published 7 months ago
Following a positive start to 2024, economic growth in the summer months has been more hesitant for the UK and Scotland according to the latest economic assessment from the Fraser of Allander Institute at the University of Strathclyde.
Read on www.scottishfinancialnews.com →
SRC: Edinburgh leads Scottish footfall growth, but concerns remain
Published 7 months ago
Scottish shopper numbers rose slightly in September, but this hasn’t translated into increased sales, according to the Scottish Retail Consortium (SRC).
Read on www.scottishfinancialnews.com →
Accounts Commission: Scottish councils must transform to survive
Published 7 months ago
As Scotland’s local councils face acute challenges, with budgets and workforce stretched to the limit, reform has become increasingly urgent, warns Audit Scotland’s Accounts Commission.
Read on www.scottishfinancialnews.com →
Sky Sports deal boosts SPFL turnover to record £44.3m
Published 7 months ago
The Scottish Professional Football League (SPFL) has grown its turnover to £44.3 million – the highest ever figure in the league’s history, according to its newly-published annual accounts.
Read on www.scottishfinancialnews.com →
BoE Governor sparks pound plunge with rate cut comments
Published 7 months ago
The pound sterling experienced its sharpest decline against the dollar since March, falling over 1% after Bank of England (BoE) Governor Andrew Bailey suggested the possibility of accelerated interest rate cuts.
Read on www.scottishfinancialnews.com →
Puma Private Equity expands into Scotland and rebrands to Puma Growth Partners
Published 7 months ago
Puma Private Equity, provider of growth capital to small and medium-sized businesses, has revealed its expansion plans for Scotland and rebrand to Puma Growth Partners.
Read on www.scottishfinancialnews.com →
FCA fines TSB £10.9m for failing to support customers in arrears
Published 6 months ago
The Financial Conduct Authority (FCA) has fined TSB Bank plc (TSB) £10,910,500 for failing to ensure customers who were in arrears were treated fairly.
Read on www.scottishfinancialnews.com →
Summerhall faces winding-up petition over unpaid tax
Published 6 months ago
Summerhall, the Edinburgh Fringe venue facing closure earlier this year, has been issued a winding-up petition by HMRC for unpaid corporation tax.
Read on www.scottishfinancialnews.com →
PwC invests in new sustainable Glasgow HQ
Published 6 months ago
PwC has announced it is relocating its Glasgow office to the newly refurbished Aurora building on Bothwell Street in 2025.
Read on www.scottishfinancialnews.com →
Accountants Plus acquires stake in John Di Mambro & Co
Published 6 months ago
Accountants Plus has acquired part of fellow Hamilton-based accountancy and business advisory firm John Di Mambro & Co.
Read on www.scottishfinancialnews.com →
SCOT JCB sees profits fall 14.6% amid economic headwinds
Published 6 months ago
SCOT JCB, the Glasgow-based plant machinery specialist, has reported a 14.6% drop in pre-tax profits to £5.19 million for the year ending 31 December 2023.
Read on www.scottishfinancialnews.com →
Reward Funding provides £1.14m for new Ayrshire boutique hotel
Published 6 months ago
Alternative finance lender Reward Funding provided a Prestwick-based restaurant owner with £1.14 million to complete the transformation of a new four-star boutique hotel and unlock business growth opportunities within the area’s lucrative golf tourism industry.
Read on www.scottishfinancialnews.com →
Glasgow fintech secures £750,000 in equity funding
Published 6 months ago
Glasgow-based specialist workforce optimisation software provider Corporate Modelling Services Ltd (CMS) has secured £750,000 in equity funding from the Investment Fund for Scotland (IFS), managed by Maven Capital Partners and delivered by the British Business Bank.
Read on www.scottishfinancialnews.com →
AAB expands south with Barlow Andrews deal
Published 6 months ago
Scotland-headquartered professional services firm AAB has acquired Bolton-based Barlow Andrews and its sister entity Beech Business Services.
Read on www.scottishfinancialnews.com →
JTC posts record £1.4m pre-tax profit
Published 7 months ago
Dundee-based JTC, a leading manufacturer of kitchens, bedrooms, and bathrooms, has announced its highest profits in over a decade.
Read on www.scottishfinancialnews.com →
Report: Budget holds key to economic recovery as momentum slows
Published 7 months ago
Following a positive start to 2024, economic growth in the summer months has been more hesitant for the UK and Scotland according to the latest economic assessment from the Fraser of Allander Institute at the University of Strathclyde.
Read on www.scottishfinancialnews.com →
SRC: Edinburgh leads Scottish footfall growth, but concerns remain
Published 7 months ago
Scottish shopper numbers rose slightly in September, but this hasn’t translated into increased sales, according to the Scottish Retail Consortium (SRC).
Read on www.scottishfinancialnews.com →
Accounts Commission: Scottish councils must transform to survive
Published 7 months ago
As Scotland’s local councils face acute challenges, with budgets and workforce stretched to the limit, reform has become increasingly urgent, warns Audit Scotland’s Accounts Commission.
Read on www.scottishfinancialnews.com →
Sky Sports deal boosts SPFL turnover to record £44.3m
Published 7 months ago
The Scottish Professional Football League (SPFL) has grown its turnover to £44.3 million – the highest ever figure in the league’s history, according to its newly-published annual accounts.
Read on www.scottishfinancialnews.com →
BoE Governor sparks pound plunge with rate cut comments
Published 7 months ago
The pound sterling experienced its sharpest decline against the dollar since March, falling over 1% after Bank of England (BoE) Governor Andrew Bailey suggested the possibility of accelerated interest rate cuts.
Read on www.scottishfinancialnews.com →
Puma Private Equity expands into Scotland and rebrands to Puma Growth Partners
Published 7 months ago
Puma Private Equity, provider of growth capital to small and medium-sized businesses, has revealed its expansion plans for Scotland and rebrand to Puma Growth Partners.
Read on www.scottishfinancialnews.com →