Finance
Iomart bolsters cloud capabilities with £57m Atech buyout
Published 10 months ago
Glasgow-based cloud computing company iomart has acquired Atech Support, a Microsoft solutions provider, for £57 million.
Read on www.scottishfinancialnews.com →
Nationwide seals £2.9bn Virgin Money takeover
Published 10 months ago
Nationwide Building Society has completed its £2.9 billion acquisition of Virgin Money, creating one of the UK’s largest banking groups with 24.5 million customers and nearly 700 branches.
Read on www.scottishfinancialnews.com →
Regulator fines Starling Bank £29m over ‘shockingly lax’ controls
Published 10 months ago
The Financial Conduct Authority (FCA) has fined Starling Bank Limited £28,959,426 for financial crime failings related to its financial sanctions screening.
Read on www.scottishfinancialnews.com →
Maven Capital Partners launches new £40m joint share offers
Published 10 months ago
Maven Capital Partners has launched new £40 million joint share offers across its four well-established Venture Capital Trusts (VCTs).
Read on www.scottishfinancialnews.com →
Deloitte UK partner pay down despite revenues rising 2%
Published 10 months ago
Deloitte UK partners have seen their average pay fall by £48,000 to £1.012 million in the year ending May 2024.
Read on www.scottishfinancialnews.com →
UK’s second quarter GDP marginally revised down
Published 10 months ago
The UK economy grew by 0.5% in the second quarter of 2024, slightly less than initial estimates of 6%, according to the Office for National Statistics.
Read on www.scottishfinancialnews.com →
Rathbones: Inheritance planning overlooked by third of wealthy Scots
Published 10 months ago
Time is running out for the vast majority of high net worth individuals (HNWI) in Scotland wanting to pass on their wealth as they put inheritance planning on the back burner, according to new research from Rathbones.
Read on www.scottishfinancialnews.com →
BoS: Scottish business confidence takes a dip
Published 10 months ago
Business confidence in Scotland fell by 16 points to 48% in September, according to the Bank of Scotland’s Business Barometer.
Read on www.scottishfinancialnews.com →
Henderson Loggie: Arts organisations can leverage tax relief for artistic innovation and community engagement
Published 10 months ago
Tax specialists at Henderson Loggie are encouraging Scotland’s cultural community to capitalise on available tax reliefs, having witnessed the significant impact these can have on the sustainability of organisations, their long-term planning capabilities, and their broader community influence.
Read on www.scottishfinancialnews.com →
ACCA launches new diploma to equip finance professionals for sustainable future
Published 10 months ago
The Association of Chartered Certified Accountants (ACCA) has introduced a new Professional Diploma in Sustainability designed for finance professionals at all levels who are looking to gain a comprehensive understanding of sustainability and accreditation to prove it.
Read on www.scottishfinancialnews.com →
Johnston Carmichael welcomes 61 future accountants
Published 10 months ago
Accountancy and business advisory firm Johnston Carmichael has welcomed 61 students into the firm following growth across the UK.
Read on www.scottishfinancialnews.com →
ABI: Crackdown on insurance cheating continues as industry detects £1bn worth of fraudulent claims
Published 10 months ago
Cracking down on insurance fraud remains a top priority for the industry as its latest figures reveal £1.1 billion worth of fraudulent claims were detected last year, up 4% on 2022, according to the Association of British Insurers (ABI).
Read on www.scottishfinancialnews.com →
UK defies gloomy forecasts with OECD growth revision
Published 10 months ago
The OECD has significantly upgraded its UK economic growth forecast for 2024, now predicting a 1.1% expansion.
Read on www.scottishfinancialnews.com →
Aveni.ai crowned Fintech of the Year at Scottish Financial Technology Awards
Published 10 months ago
Edinburgh-based AI fintech firm Aveni.ai has won the coveted “Fintech of the Year” award at the 2024 Scottish Financial Technology Awards.
Read on www.scottishfinancialnews.com →
Morris & Spottiswood achieves record £128m turnover
Published 10 months ago
Ahead of its centenary year, construction firm Morris & Spottiswood has announced record turnover of £128 million in 2023, a 25% rise from the previous year.
Read on www.scottishconstructionnow.com →
Iomart bolsters cloud capabilities with £57m Atech buyout
Published 10 months ago
Glasgow-based cloud computing company iomart has acquired Atech Support, a Microsoft solutions provider, for £57 million.
Read on www.scottishfinancialnews.com →
Nationwide seals £2.9bn Virgin Money takeover
Published 10 months ago
Nationwide Building Society has completed its £2.9 billion acquisition of Virgin Money, creating one of the UK’s largest banking groups with 24.5 million customers and nearly 700 branches.
Read on www.scottishfinancialnews.com →
Regulator fines Starling Bank £29m over ‘shockingly lax’ controls
Published 10 months ago
The Financial Conduct Authority (FCA) has fined Starling Bank Limited £28,959,426 for financial crime failings related to its financial sanctions screening.
Read on www.scottishfinancialnews.com →
Maven Capital Partners launches new £40m joint share offers
Published 10 months ago
Maven Capital Partners has launched new £40 million joint share offers across its four well-established Venture Capital Trusts (VCTs).
Read on www.scottishfinancialnews.com →
Deloitte UK partner pay down despite revenues rising 2%
Published 10 months ago
Deloitte UK partners have seen their average pay fall by £48,000 to £1.012 million in the year ending May 2024.
Read on www.scottishfinancialnews.com →
UK’s second quarter GDP marginally revised down
Published 10 months ago
The UK economy grew by 0.5% in the second quarter of 2024, slightly less than initial estimates of 6%, according to the Office for National Statistics.
Read on www.scottishfinancialnews.com →
Rathbones: Inheritance planning overlooked by third of wealthy Scots
Published 10 months ago
Time is running out for the vast majority of high net worth individuals (HNWI) in Scotland wanting to pass on their wealth as they put inheritance planning on the back burner, according to new research from Rathbones.
Read on www.scottishfinancialnews.com →
BoS: Scottish business confidence takes a dip
Published 10 months ago
Business confidence in Scotland fell by 16 points to 48% in September, according to the Bank of Scotland’s Business Barometer.
Read on www.scottishfinancialnews.com →
Henderson Loggie: Arts organisations can leverage tax relief for artistic innovation and community engagement
Published 10 months ago
Tax specialists at Henderson Loggie are encouraging Scotland’s cultural community to capitalise on available tax reliefs, having witnessed the significant impact these can have on the sustainability of organisations, their long-term planning capabilities, and their broader community influence.
Read on www.scottishfinancialnews.com →
ACCA launches new diploma to equip finance professionals for sustainable future
Published 10 months ago
The Association of Chartered Certified Accountants (ACCA) has introduced a new Professional Diploma in Sustainability designed for finance professionals at all levels who are looking to gain a comprehensive understanding of sustainability and accreditation to prove it.
Read on www.scottishfinancialnews.com →
Johnston Carmichael welcomes 61 future accountants
Published 10 months ago
Accountancy and business advisory firm Johnston Carmichael has welcomed 61 students into the firm following growth across the UK.
Read on www.scottishfinancialnews.com →
ABI: Crackdown on insurance cheating continues as industry detects £1bn worth of fraudulent claims
Published 10 months ago
Cracking down on insurance fraud remains a top priority for the industry as its latest figures reveal £1.1 billion worth of fraudulent claims were detected last year, up 4% on 2022, according to the Association of British Insurers (ABI).
Read on www.scottishfinancialnews.com →
UK defies gloomy forecasts with OECD growth revision
Published 10 months ago
The OECD has significantly upgraded its UK economic growth forecast for 2024, now predicting a 1.1% expansion.
Read on www.scottishfinancialnews.com →
Aveni.ai crowned Fintech of the Year at Scottish Financial Technology Awards
Published 10 months ago
Edinburgh-based AI fintech firm Aveni.ai has won the coveted “Fintech of the Year” award at the 2024 Scottish Financial Technology Awards.
Read on www.scottishfinancialnews.com →
Morris & Spottiswood achieves record £128m turnover
Published 10 months ago
Ahead of its centenary year, construction firm Morris & Spottiswood has announced record turnover of £128 million in 2023, a 25% rise from the previous year.
Read on www.scottishconstructionnow.com →