ScottishNews.com

Finance

FCA files first criminal charges for illegal crypto ATMs

Published 11 months ago

The Financial Conduct Authority (FCA) has charged Mr Olumide Osunkoya, who is 45 and resides in London, for unlawfully running multiple crypto ATMs without FCA registration.

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Maven exits CBT investment with 2.85x return

Published 11 months ago

Private equity firm Maven Capital Partners has exited its investment in CB Technology (CBT), a specialist electronics contract manufacturer (ECM), following its acquisition by Northern Ireland-based Elite Electronic Systems.

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RBS: Scottish economy maintains momentum, but manufacturing struggles

Published 11 months ago

Scotland’s private sector maintained its growth trajectory in August, according to the latest Regional Growth Tracker data from RBS.

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Former banker who stole thousands from dementia-stricken pensioner is jailed for 13 months

Published 11 months ago

A senior banker who stole almost £18,000 from the accounts of an elderly, dementia-stricken customer has been imprisoned for 13 months.

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ICAS unveils new approach to training accountants at first national student induction day

Published 11 months ago

The Institute of Chartered Accountants of Scotland (ICAS) has made history by hosting over 400 accounting students from throughout the UK at its inaugural national induction day at the Edinburgh International Conference Centre.

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Azets Scotland invests in future talent with 60 new recruits

Published 11 months ago

Azets has bolstered its UK workforce with the addition of 333 graduates and school leavers, 60 of whom are based in Scotland.

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Report: HMRC failing to tackle rising tax evasion in retail sector

Published 11 months ago

The UK is losing billions of pounds a year in revenue due to tax evasion among small businesses, which can easily exploit weaknesses in government systems, according to a new National Audit Office (NAO) report on tax evasion in retail.

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SMEs in Scotland have three months left to register with business banking complaint scheme

Published 11 months ago

SMEs in Scotland have three months left to register a business banking complaint with the Business Banking Resolution Service (BBRS), which is set to close to new registrations on 13 December.

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Wbg: Brace for CGT hike in upcoming budget

Published 11 months ago

Scottish accountancy firm Wbg has urged entrepreneurs to prepare for potential capital tax hikes in Chancellor Rachel Reeves’ upcoming budget on 30 October.

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PwC: Edinburgh and Glasgow rise in economic wellbeing rankings

Published 11 months ago

Two major Scottish cities have improved their performance in PwC’s Good Growth for Cities Index.

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Investors dive in with seven-figure boost for Scots underwater robotics pioneer

Published 11 months ago

HonuWorx, a Scottish underwater robotics company, has received a seven-figure investment to advance its plans to transform operations in the energy and security sectors.

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Deloitte welcomes 70 graduates across Scotland

Published 11 months ago

Deloitte has welcomed over 70 new people to its graduate, BrightStart apprenticeship and industrial placement programmes this week for a blended in-person and virtual induction across Aberdeen, Edinburgh and Glasgow.

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Robb Ferguson expands team with five graduate trainees

Published 11 months ago

Glasgow-based Robb Ferguson Chartered Accountants has welcomed five graduate trainee-chartered accountants to its team.

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ASOS’ sells Topshop stake to parent company in refinancing move

Published 11 months ago

ASOS, the online retailer, has sold a significant 75% stake in Topshop to parent company Bestseller, owned by Scotland’s wealthiest man – Danish billionaire Anders Povlsen – in a deal worth £135 million.

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Regulator’s improved performance set to help finance sector thrive

Published 11 months ago

The Financial Conduct Authority’s (FCA) has revealed marked improvements in its authorisations process, with 98% of cases now assessed within statutory deadlines, in its latest annual report.

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