ScottishNews.com

Finance

HMRC lifts ban on fractional shares in ISAs

Published 9 months ago

In a move set to benefit younger and less wealthy investors, HM Revenue & Customs (HMRC) has reversed its position on fractional shares in Individual Savings Accounts (ISAs).

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Sub-4% mortgage deals return as lenders compete

Published 9 months ago

Several of the UK’s largest mortgage lenders have significantly reduced interest rates this week, with some deals now available for under 4%, according to Moneyfacts.

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Regulator sets out steps to improve account access for financially vulnerable

Published 9 months ago

The Financial Conduct Authority (FCA) has called on banks and other financial institutions to enhance their efforts in aiding individuals struggling to obtain a bank account.

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Glasgow law charity receives £50,000 boost for expansion

Published 9 months ago

The Legal Services Agency in Glasgow is going from strength to strength after having secured a £50,000 funding package from responsible finance provider Social Investment Scotland (SIS).

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Scottish Government announces £500m in cuts amid £800m budget shortfall

Published 9 months ago

Scotland’s Finance Secretary Shona Robison has unveiled plans for up to £500 million in spending cuts to balance the Scottish government’s budget amid “enormous and growing” financial pressure.

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SRC: Scottish retailers face summer sales slump

Published 9 months ago

Scottish retailers experienced another month of declining sales in August, marking a disappointing summer for the sector.

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Aegon highlights £250k value of state pension as ‘means testing’ suggestions surface

Published 9 months ago

Millions of pensioners reliant on their state pension will be particularly anxious over the Labour Government’s warning of tough times ahead.

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KPMG: Scottish businesses secure £184m in VC funding in H1 2024

Published 9 months ago

Twenty-three Scottish businesses have attracted over £85 million in venture capital funding during the second quarter of 2024, defy the broader UK investment trend, according to KPMG.

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Salmon Scotland calls for economic growth focus in Programme for Government

Published 9 months ago

Ahead of the Programme for Government, Salmon Scotland, the trade body representing the UK’s largest food export, has urged the Scottish Government to cut the red tape hindering Scotland’s blue economy regulations and support sustainable growth in the sector.

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Capital Credit Union enters partnership to help members go green

Published 9 months ago

Capital Credit Union (CCU) has partnered with Greener Energy Group to assist members in funding eco-friendly home upgrades like solar panels, heat pumps, and EV chargers.

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Over two-thirds of Scottish adults lack up to date will

Published 9 months ago

Sixty-nine per cent of adults in Scotland either do not have a will or have one that is out of date, a national will-writing charity has revealed.

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Bank of America predicts sterling to reach $1.41

Published 9 months ago

The pound is poised for a strong performance, potentially becoming one of the year’s best-performing major currencies, according to Bank of America.

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Historic environment brings in £6bn a year to Scottish economy

Published 9 months ago

Historic Environment Scotland (HES) has released a set of reports today providing insights into Scotland’s historic environment sector and a framework to help drive its contribution to Scotland’s economy, communities, and net zero ambitions.

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Energy Profits Levy hike could cost UK economy £13bn, warns OEUK

Published 9 months ago

The UK government’s proposed fiscal policy would generate a loss in economic value of around £13 billion compared to the economic contribution generated under the current windfall tax regime, according to Offshore Energies UK (OEUK).

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Wbg welcomes Scottish Government’s push for young business owners

Published 9 months ago

Wbg has lauded the launch of the Scottish Government’s Entrepreneurial Education Pathways Fund, predicting it will inspire a wave of young business owners.

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