ScottishNews.com

Finance

Deloitte: UK CFOs adopt defensive stance amidst rising costs and trade uncertainty

Published 2 months ago

Chief Financial Officers (CFOs) of the UK’s largest companies are increasingly adopting defensive business strategies, reaching levels not seen since the early stages of the pandemic, according to Deloitte.

Read on www.scottishfinancialnews.com →

Forvis Mazars UK revenue hits £362.4m in 15th year of growth

Published 2 months ago

Forvis Mazars has reported its fifteenth consecutive year of growth in the UK, recording revenue of £362.4 million – an increase of 8.3% – for the year ending 31 August 2024.

Read on www.scottishfinancialnews.com →

AAB Wealth acquires Magus, taking assets to £1.8bn

Published 2 months ago

Scotland-founded AAB Group’s financial planning division, AAB Wealth, has acquired prominent London-based firm Magus Wealth as part of its ongoing strategic growth.

Read on www.scottishfinancialnews.com →

Edinburgh lender advances £15.5m for Fulham Town Hall project

Published 2 months ago

Edinburgh-based Unbranded Finance, the UK-based non-bank real estate lender, has advanced a new £15.5 million senior loan facility to Ziser London to assist with delivering the developer’s flagship redevelopment of the former Fulham Town Hall, located directly opposite Fulham Broadway station in London.

Read on www.scottishfinancialnews.com →

BDO: Salaries frozen and pay rises delayed ahead of employers’ NIC rise

Published 2 months ago

Salaries have been frozen and pay rises have been delayed ahead of the rise in employers’ National Insurance Contributions (NIC), which came into force on Sunday, a new survey has found.

Read on www.scottishfinancialnews.com →

Consilium serves up advice to PJs Foods shareholders in sale to Tiffin Sandwiches

Published 2 months ago

Consilium Chartered Accountants has provided full lead advisory services to PJs Foods Limited in its sale to Tiffin Sandwiches.

Read on www.scottishfinancialnews.com →

McLaren Insolvency appointed as Coatbridge decorating firm Orr closes after 40 years

Published 2 months ago

Gordon McIntyre and George Lafferty, insolvency practitioners with McLaren Insolvency, have been appointed joint provisional liquidators of Andrew P Orr (Decorators) Limited.

Read on www.scottishfinancialnews.com →

New Dundee office for Johnston Carmichael as workforce hits 50

Published 2 months ago

Johnston Carmichael has relocated its Dundee operations to a larger office to accommodate significant growth and facilitate plans to double its local workforce.

Read on www.scottishfinancialnews.com →

Martin Aitken team joins Armstrong Watson in strategic Glasgow merger

Published 2 months ago

Accountancy firm Armstrong Watson has significantly expanded its Glasgow operations through a merger with local firm Martin Aitken.

Read on www.scottishfinancialnews.com →

KPMG: US tariffs on UK exports could see GDP growth fall to 0.8% in 2025 and 2026

Published 2 months ago

US President Donald Trump’s proposed tariffs could cost the UK economy nearly £22 billion over the next two years, according to analysis by KPMG.

Read on www.scottishfinancialnews.com →

BK Plus acquires four Scottish accountancy firms in major expansion

Published 2 months ago

Accountancy firm BK Plus has significantly expanded its Scottish operations by acquiring four established practices – Walton Kilgour (Perth and Pitlochry), Ian MacFarlane Ltd (Falkirk), JC Wallace (Glasgow), and Bird Simpson (Dundee).

Read on www.scottishfinancialnews.com →

PRA proposes raising FSCS deposit protection limit to £110,000

Published 2 months ago

The Prudential Regulation Authority (PRA) has proposed to raise the deposit protection limit of the Financial Services Compensation Scheme (FSCS) from £85,000 to £110,000.

Read on www.scottishfinancialnews.com →

Edinburgh land deal provides uplift for Murray Capital following £1.7m loss

Published 2 months ago

Murray Capital Holdings, the investment business of the Murray family, has announced its financial results for the year ending 30 June 2024, revealing a challenging period particularly impacted by the steel sector.

Read on www.scottishfinancialnews.com →

Highland screen industry attracts over £3.5m growth in direct film spend

Published 2 months ago

Continuing with the trend over the past few years, Highland has seen the highest ever direct spend recorded for filming in The Highland Council region.

Read on www.scottishfinancialnews.com →

Glasgow’s FRIL delivers £6 return for every £1 invested via innovation accelerator

Published 2 months ago

The Financial Regulation Innovation Lab (FRIL), operating from Glasgow City Region, is making significant strides in responsible financial innovation as a key component of the UK government’s Innovation Accelerator (IA) programme.

Read on www.scottishfinancialnews.com →