Finance
Cyber and Fraud Hub helps 450 victims and recovers £1.15m in first year
Published 4 months ago
Scotland’s sole charity dedicated to supporting victims of cybercrime and fraud has announced a significant impact in its inaugural year, recovering or preventing the loss of over £1.15 million for those affected.
Read on www.scottishfinancialnews.com →
Gillespie Macandrew profits climb 20% amidst sector-focused strategy
Published 4 months ago
Gillespie Macandrew has posted an 11% rise in turnover to £19.6 million and a 20% increase in profits to £6.3m for the year ending 28 February 2025.
Read on www.scottishfinancialnews.com →
Bank of England cuts rate to 4% in knife-edge vote
Published 4 months ago
The Bank of England (BoE) has reduced the base interest rate to 4%, but a deep split among policymakers has signalled that the current cycle of reductions may be nearing its end.
Read on www.scottishfinancialnews.com →
RSM: Oasis brings supersonic boost to Scotland’s economy
Published 4 months ago
As Oasis fans prepare to gather at Murrayfield Stadium for a weekend at the Live 25’ reunion tour, demand for hotel rooms in Scotland has skyrocketed, with rates increasing by almost 200%, RSM analysis shows.
Read on www.scottishfinancialnews.com →
R3: Overdue invoices top 1.8 million in Scotland as pressure mounts
Published 5 months ago
The number of overdue invoices on the books of Scottish businesses hit more than 1.8 million in Q2 2025, according to new research from R3.
Read on www.scottishfinancialnews.com →
Mansion House: Growth cannot come at the expense of public trust, warns ICAS
Published 5 months ago
In her second Mansion House speech, delivered last night, the Chancellor, Rachel Reeves unveiled a wide-ranging set of regulatory changes aimed at stimulating growth in the financial services sector.
Read on www.scottishfinancialnews.com →
Mansion House: Chancellor sets out financial reforms to cut red tape
Published 5 months ago
Chancellor Rachel Reeves has unveiled a package of reforms for the UK’s financial services industry, aimed at cutting red tape and stimulating much-needed economic growth.
Read on www.scottishfinancialnews.com →
FCA fines Barclays £42m for ‘poor financial crime controls’
Published 5 months ago
The Financial Conduct Authority (FCA) has fined Barclays Bank UK PLC and Barclays Bank PLC a total of £42 million for separate instances of failings in its financial crime risk management – one relating to WealthTek and one relating to Stunt & Co.
Read on www.scottishfinancialnews.com →
Barnett Formula ‘fit for purpose’ but requires overhaul for transparency and flexibility, say MPs
Published 5 months ago
A report from the Scottish Affairs Committee (SAC) has concluded that the Barnett formula is fit for purpose and that there is not a clear need to reform it significantly.
Read on www.scottishfinancialnews.com →
Stagflation fears grow as UK inflation climbs to 3.6%
Published 5 months ago
UK inflation unexpectedly rose to 3.6% in June, casting doubt on the likelihood of an interest rate cut in August.
Read on www.scottishfinancialnews.com →
Interpath takes over as Edinburgh cyber security company enters administration
Published 5 months ago
Will Wright and Alistair McAlinden from Interpath have been appointed joint administrators to Edinburgh-based cyber security firm Adarma Limited, as it ceases trading.
Read on www.scottishfinancialnews.com →
Scottish business administrations fall but pressures persist across key sectors
Published 5 months ago
The number of Scottish businesses entering administration fell by 24 per cent in the first half of 2025, according to new analysis by Shakespeare Martineau.
Read on www.scottishlegal.com →
ScotLend raises AVM threshold to 75% LTV after securing £20m from Shawbrook
Published 5 months ago
Specialist bridging lender ScotLend has increased its AVM lending limit from 70% to 75% LTV on residential security, following a new £20 million funding facility from Shawbrook.
Read on www.scottishfinancialnews.com →
Johnston Carmichael launches podcast to explore realities of leadership
Published 5 months ago
Johnston Carmichael has launched a new podcast series that puts leadership in the spotlight, offering honest, thoughtful conversations with a variety of leaders.
Read on www.scottishfinancialnews.com →
FRC probes Deloitte and Azets over audits of collapsed fintech Stenn
Published 5 months ago
The Financial Reporting Council (FRC) has launched an investigation into Deloitte and Azets over their audits of the collapsed fintech company, Stenn.
Read on www.scottishfinancialnews.com →
Cyber and Fraud Hub helps 450 victims and recovers £1.15m in first year
Published 4 months ago
Scotland’s sole charity dedicated to supporting victims of cybercrime and fraud has announced a significant impact in its inaugural year, recovering or preventing the loss of over £1.15 million for those affected.
Read on www.scottishfinancialnews.com →
Gillespie Macandrew profits climb 20% amidst sector-focused strategy
Published 4 months ago
Gillespie Macandrew has posted an 11% rise in turnover to £19.6 million and a 20% increase in profits to £6.3m for the year ending 28 February 2025.
Read on www.scottishfinancialnews.com →
Bank of England cuts rate to 4% in knife-edge vote
Published 4 months ago
The Bank of England (BoE) has reduced the base interest rate to 4%, but a deep split among policymakers has signalled that the current cycle of reductions may be nearing its end.
Read on www.scottishfinancialnews.com →
RSM: Oasis brings supersonic boost to Scotland’s economy
Published 4 months ago
As Oasis fans prepare to gather at Murrayfield Stadium for a weekend at the Live 25’ reunion tour, demand for hotel rooms in Scotland has skyrocketed, with rates increasing by almost 200%, RSM analysis shows.
Read on www.scottishfinancialnews.com →
R3: Overdue invoices top 1.8 million in Scotland as pressure mounts
Published 5 months ago
The number of overdue invoices on the books of Scottish businesses hit more than 1.8 million in Q2 2025, according to new research from R3.
Read on www.scottishfinancialnews.com →
Mansion House: Growth cannot come at the expense of public trust, warns ICAS
Published 5 months ago
In her second Mansion House speech, delivered last night, the Chancellor, Rachel Reeves unveiled a wide-ranging set of regulatory changes aimed at stimulating growth in the financial services sector.
Read on www.scottishfinancialnews.com →
Mansion House: Chancellor sets out financial reforms to cut red tape
Published 5 months ago
Chancellor Rachel Reeves has unveiled a package of reforms for the UK’s financial services industry, aimed at cutting red tape and stimulating much-needed economic growth.
Read on www.scottishfinancialnews.com →
FCA fines Barclays £42m for ‘poor financial crime controls’
Published 5 months ago
The Financial Conduct Authority (FCA) has fined Barclays Bank UK PLC and Barclays Bank PLC a total of £42 million for separate instances of failings in its financial crime risk management – one relating to WealthTek and one relating to Stunt & Co.
Read on www.scottishfinancialnews.com →
Barnett Formula ‘fit for purpose’ but requires overhaul for transparency and flexibility, say MPs
Published 5 months ago
A report from the Scottish Affairs Committee (SAC) has concluded that the Barnett formula is fit for purpose and that there is not a clear need to reform it significantly.
Read on www.scottishfinancialnews.com →
Stagflation fears grow as UK inflation climbs to 3.6%
Published 5 months ago
UK inflation unexpectedly rose to 3.6% in June, casting doubt on the likelihood of an interest rate cut in August.
Read on www.scottishfinancialnews.com →
Interpath takes over as Edinburgh cyber security company enters administration
Published 5 months ago
Will Wright and Alistair McAlinden from Interpath have been appointed joint administrators to Edinburgh-based cyber security firm Adarma Limited, as it ceases trading.
Read on www.scottishfinancialnews.com →
Scottish business administrations fall but pressures persist across key sectors
Published 5 months ago
The number of Scottish businesses entering administration fell by 24 per cent in the first half of 2025, according to new analysis by Shakespeare Martineau.
Read on www.scottishlegal.com →
ScotLend raises AVM threshold to 75% LTV after securing £20m from Shawbrook
Published 5 months ago
Specialist bridging lender ScotLend has increased its AVM lending limit from 70% to 75% LTV on residential security, following a new £20 million funding facility from Shawbrook.
Read on www.scottishfinancialnews.com →
Johnston Carmichael launches podcast to explore realities of leadership
Published 5 months ago
Johnston Carmichael has launched a new podcast series that puts leadership in the spotlight, offering honest, thoughtful conversations with a variety of leaders.
Read on www.scottishfinancialnews.com →
FRC probes Deloitte and Azets over audits of collapsed fintech Stenn
Published 5 months ago
The Financial Reporting Council (FRC) has launched an investigation into Deloitte and Azets over their audits of the collapsed fintech company, Stenn.
Read on www.scottishfinancialnews.com →