Finance
Arnold Clark boosts Cyber and Fraud Hub with two-year funding
Published 7 months ago
The Cyber and Fraud Hub, launched earlier this year by the Cyber and Fraud Centre Scotland to support members of the public affected by cyber and fraud crime, has received a substantial donation to support its first two years from Arnold Clark.
Read on www.scottishfinancialnews.com →
Titanic shipbuilder Harland & Wolff to enter administration
Published 7 months ago
Harland and Wolff, which has two Scottish shipyards in Methil and Arnish, has confirmed it is faced with administration for the second time in five years and will appoint insolvency practitioners from Teneo.
Read on www.scottishfinancialnews.com →
Wbg advises households to tackle debt ahead of winter
Published 7 months ago
As temperatures drop and energy bills rise, Scottish accountancy firm Wbg is advising households to address their debts now to ensure they can keep their homes warm this winter.
Read on www.scottishfinancialnews.com →
Dismay as £1bn HBOS fraud inquiry enters eighth year
Published 7 months ago
Concerns have been raised regarding the inquiry into a £1 billion banking fraud case at HBOS, after it was revealed that evidence is still being received in its eighth year.
Read on www.scottishfinancialnews.com →
JW Filshill achieves record £215m turnover ahead of 150th anniversary
Published 7 months ago
Food and drink wholesaler JW Filshill, one of Scotland’s oldest independent food and drink wholesalers, saw turnover increase to £215 million, up 6% from £203m, in the year ending 31 January 2024.
Read on www.scottishfinancialnews.com →
UK national debt on course to treble, warns OBR
Published 7 months ago
The UK’s national debt is projected to treble over the next 50 years, driven by an ageing population, climate change, and geopolitical tensions, according to the Office for Budget Responsibility (OBR).
Read on www.scottishfinancialnews.com →
FCA urged to crack down on insurers charging up to 45% APR for monthly premiums
Published 7 months ago
Which? is urging the Financial Conduct Authority (FCA) to crack down on insurers charging excessive interest rates for monthly premium payments.
Read on www.scottishfinancialnews.com →
Azets: Hospitality businesses must prepare for new tipping law
Published 7 months ago
Hospitality businesses should prepare for imminent changes to the law on tips and gratutities or face the risk of employment tribunals and penalties, a tax specialist has warned.
Read on www.scottishfinancialnews.com →
PwC: Scottish store closures at 7-year low
Published 7 months ago
Store closures in Scotland have slowed significantly, with towns and cities losing less than one shop a day on average, according to PwC.
Read on www.scottishfinancialnews.com →
Capital Credit Union hails impact of apprentices on business success
Published 7 months ago
Edinburgh-based Capital Credit Union has praised the impact apprentices are having on the business, as it currently employs four apprentices and is encouraging other organisations to follow its lead.
Read on www.scottishfinancialnews.com →
Improvements in UK-EU trading relationship needed
Published 7 months ago
Businesses in Scotland are experiencing “significant challenges” in exporting goods to the EU as a result of considerable non-tariff barriers which have arisen due to the post-Brexit UK-EU trading relationship, according to a new report by Holyrood’s Constitution, Europe, External Affairs and Culture committee.
Read on www.scottishfinancialnews.com →
Glasgow biotech firm completes $14m funding round
Published 7 months ago
SOLASTA Bio, a Glasgow-based agri-biotech firm, has successfully raised $14 million (c. £10.7m) in Series A funding to advance its groundbreaking nature-inspired bioinsecticides.
Read on www.scottishfinancialnews.com →
UK’s GDP growth stalls for second consecutive month
Published 7 months ago
The UK economy has experienced a second consecutive month of stagnant growth in July, with GDP remaining flat.
Read on www.scottishfinancialnews.com →
Financial and related professional services account for 10% of Scotland’s economy
Published 7 months ago
Scotland’s financial and related professional services sector is a key engine of growth, employing 149,000 people and contributing 10% to the national economy in 2022, according to TheCityUK.
Read on www.scottishfinancialnews.com →
Think Tank suggests tax reforms to raise £20bn and improve fairness
Published 7 months ago
Reforms to Inheritance Tax (IHT), Capital Gains Tax (CGT) and employer National Insurance (NI) could raise over £20 billion a year, and still pass a ‘triple tax test’ of improving tax efficiency, ensuring that tax rises fall on those with the broadest shoulders and not break Labour’s manifesto commitments, according to new Resolution Foundation research.
Read on www.scottishfinancialnews.com →
Arnold Clark boosts Cyber and Fraud Hub with two-year funding
Published 7 months ago
The Cyber and Fraud Hub, launched earlier this year by the Cyber and Fraud Centre Scotland to support members of the public affected by cyber and fraud crime, has received a substantial donation to support its first two years from Arnold Clark.
Read on www.scottishfinancialnews.com →
Titanic shipbuilder Harland & Wolff to enter administration
Published 7 months ago
Harland and Wolff, which has two Scottish shipyards in Methil and Arnish, has confirmed it is faced with administration for the second time in five years and will appoint insolvency practitioners from Teneo.
Read on www.scottishfinancialnews.com →
Wbg advises households to tackle debt ahead of winter
Published 7 months ago
As temperatures drop and energy bills rise, Scottish accountancy firm Wbg is advising households to address their debts now to ensure they can keep their homes warm this winter.
Read on www.scottishfinancialnews.com →
Dismay as £1bn HBOS fraud inquiry enters eighth year
Published 7 months ago
Concerns have been raised regarding the inquiry into a £1 billion banking fraud case at HBOS, after it was revealed that evidence is still being received in its eighth year.
Read on www.scottishfinancialnews.com →
JW Filshill achieves record £215m turnover ahead of 150th anniversary
Published 7 months ago
Food and drink wholesaler JW Filshill, one of Scotland’s oldest independent food and drink wholesalers, saw turnover increase to £215 million, up 6% from £203m, in the year ending 31 January 2024.
Read on www.scottishfinancialnews.com →
UK national debt on course to treble, warns OBR
Published 7 months ago
The UK’s national debt is projected to treble over the next 50 years, driven by an ageing population, climate change, and geopolitical tensions, according to the Office for Budget Responsibility (OBR).
Read on www.scottishfinancialnews.com →
FCA urged to crack down on insurers charging up to 45% APR for monthly premiums
Published 7 months ago
Which? is urging the Financial Conduct Authority (FCA) to crack down on insurers charging excessive interest rates for monthly premium payments.
Read on www.scottishfinancialnews.com →
Azets: Hospitality businesses must prepare for new tipping law
Published 7 months ago
Hospitality businesses should prepare for imminent changes to the law on tips and gratutities or face the risk of employment tribunals and penalties, a tax specialist has warned.
Read on www.scottishfinancialnews.com →
PwC: Scottish store closures at 7-year low
Published 7 months ago
Store closures in Scotland have slowed significantly, with towns and cities losing less than one shop a day on average, according to PwC.
Read on www.scottishfinancialnews.com →
Capital Credit Union hails impact of apprentices on business success
Published 7 months ago
Edinburgh-based Capital Credit Union has praised the impact apprentices are having on the business, as it currently employs four apprentices and is encouraging other organisations to follow its lead.
Read on www.scottishfinancialnews.com →
Improvements in UK-EU trading relationship needed
Published 7 months ago
Businesses in Scotland are experiencing “significant challenges” in exporting goods to the EU as a result of considerable non-tariff barriers which have arisen due to the post-Brexit UK-EU trading relationship, according to a new report by Holyrood’s Constitution, Europe, External Affairs and Culture committee.
Read on www.scottishfinancialnews.com →
Glasgow biotech firm completes $14m funding round
Published 7 months ago
SOLASTA Bio, a Glasgow-based agri-biotech firm, has successfully raised $14 million (c. £10.7m) in Series A funding to advance its groundbreaking nature-inspired bioinsecticides.
Read on www.scottishfinancialnews.com →
UK’s GDP growth stalls for second consecutive month
Published 7 months ago
The UK economy has experienced a second consecutive month of stagnant growth in July, with GDP remaining flat.
Read on www.scottishfinancialnews.com →
Financial and related professional services account for 10% of Scotland’s economy
Published 7 months ago
Scotland’s financial and related professional services sector is a key engine of growth, employing 149,000 people and contributing 10% to the national economy in 2022, according to TheCityUK.
Read on www.scottishfinancialnews.com →
Think Tank suggests tax reforms to raise £20bn and improve fairness
Published 7 months ago
Reforms to Inheritance Tax (IHT), Capital Gains Tax (CGT) and employer National Insurance (NI) could raise over £20 billion a year, and still pass a ‘triple tax test’ of improving tax efficiency, ensuring that tax rises fall on those with the broadest shoulders and not break Labour’s manifesto commitments, according to new Resolution Foundation research.
Read on www.scottishfinancialnews.com →