ScottishNews.com

Finance

Regulator proposes tighter protections for payment firm customers

Published 1 year ago

The Financial Conduct Authority (FCA) is has announced plans to strengthen protection for customers of payments and e-money firms in case of business failure.

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Scotland’s economy edges ahead of UK with 0.3% growth in July

Published 1 year ago

Scotland’s economy saw modest growth of 0.3% in July 2024, outperforming the stagnant UK economy.

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Scottish Government unveils global green finance hub ambitions

Published 1 year ago

Scotland is aiming to position itself as a global centre for green and sustainable finance and investment, with Deputy First Minister Kate Forbes spearheading efforts to collaborate with financial institutions.

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SIS provides £600k funding to complete Haining House restoration works

Published 1 year ago

The ambitious restoration of an 18th-century stately home in Selkirk bequeathed for the benefit of the community by its former owner, Andrew Nimmo-Smith, is one step closer to completion, following a £600,000 funding boost from responsible finance provider Social Investment Scotland (SIS).

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MHA welcomes new recruits to Edinburgh and Aberdeen offices

Published 1 year ago

Pictured (L-R): MHA Edinburgh’s newest talent – Callum McEwan, Robbie Macaulay, Ali Armstrong, Iain Greig, Lewis Smith, Darcie Haggarty, Kyle Watkin, and Matthew McEvoy

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Scottish AI robotics firm secures £7.9m to scale robotics in manufacturing

Published 1 year ago

A new £7.9 million investment, led by £3.5m from the Scottish National Investment Bank, will enable scale and growth for Leap Automation Ltd (Leap AI), an emerging leader in low-cost industrial AI robotics.

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BoE Governor: No return to near-zero rates anytime soon

Published 1 year ago

Bank of England Governor Andrew Bailey has played down expectations of interest rates returning to near zero, citing the need for significant economic shocks to justify such a move.

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Scott Dunbar takes the helm at Johnston Carmichael’s new Elgin office

Published 1 year ago

Johnston Carmichael has moved into a new, state-of-the-art office in Elgin Business Park, and appointed Scott Dunbar as head of office.

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BlackRock joins FinTech Scotland to support fintech innovation

Published 1 year ago

BlackRock, the global investment manager, has announced it is joining FinTech Scotland, the cluster management organisation for the fintech sector in Scotland.

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Edinburgh biotech raises £950k for breakthrough dialysis treatment

Published 1 year ago

Invizius, an Edinburgh-based biotech company pioneering treatments for dialysis patients, has secured £950,000 in funding.

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Wbg highlights imminent furnished holiday lettings tax changes

Published 1 year ago

Accountancy firm Wbg is advising operators to get their house in order before the forthcoming abolition of the furnished holiday lettings (FHL) tax regime.

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New lender ScotLend launches bridging finance offering

Published 1 year ago

New lender ScotLend has officially launched, offering funding and bridging finance solutions throughout the UK.

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Nominations open for 2024 Scottish CFO Awards

Published 1 year ago

The Scottish Chief Financial Officer Awards have returned for a second year, celebrating the talent of finance leaders and their teams across Scotland.

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Azets: Warning as HMRC campaign targets incorrect construction industry scheme deductions

Published 1 year ago

Construction Industry Scheme (CIS) contractors are becoming a target for the tax authorities with HMRC issuing letters to CIS contractors if records indicate that the correct deductions may not have been applied, a Scottish tax expert has warned.

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Scottish Friendly: 36% of adults ready to open JISAs for relatives if rules relax

Published 1 year ago

Over a third (36%) of UK adults would set up a Junior ISA (JISA) on behalf of their grandchild, nephew, or niece if JISA rules were relaxed, Scottish Friendly has revealed.

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