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Finance

Waverton Wealth wins Regional Wealth Manager of the Year at COLWMA 2024

Published 2 weeks ago

Edinburgh-based Waverton Wealth has been awarded Regional Wealth Manager of the Year for Scotland and Northern Ireland at the 2024 City of London Wealth Management Awards (COLWMA).

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JBS Group upbeat with £7m contract portfolio and 40% growth projection

Published 2 weeks ago

Peterhead-based engineering solutions firm JBS Group has announced strong growth expectations as it executes a diverse portfolio of contracts valued at over £7 million for the latter half of this year.

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RBS provides £25 million funding injection to Maryhill Housing

Published 2 weeks ago

Maryhill Housing Association (MHA) has received a funding boost from Royal Bank of Scotland totalling almost £25 million to improve and maintain its current homes, whilst making progress towards net zero goals.

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Glasgow’s oldest bowls manufacturer secures Virgin Money funding for global expansion

Published 3 weeks ago

Thomas Taylor Bowls has secured a Virgin Money funding package backed by government department UK Export Finance (UKEF) to help the family business continue its international growth.

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March sees 11% increase in company insolvencies in Scotland

Published 3 weeks ago

Company insolvencies in Scotland have gone up 11% year-on-year, as 115 company insolvencies registered were registered during March 2024.

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SRC calls on Scottish ministers for competitive tax vision to deliver on New Deal promise

Published 3 weeks ago

The Scottish Retail Consortium (SRC) is urging Scottish Ministers to adopt a strategic approach to taxation in their upcoming medium-term tax strategy.

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RBS-owner NatWest reports 27% drop in Q1 profits

Published 3 weeks ago

NatWest Group, has announced a significant dip in first-quarter profits, reflecting challenges across the banking sector as interest rates settle.

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Scottish Friendly records highest sales in 162-year history

Published 3 weeks ago

Scottish Friendly has posted record sales of £51.1 million for 2023, up from £47.7m in 2022.

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Begbies Traynor: Financial distress in Scotland rises as economic downturn continues to bite

Published 3 weeks ago

While UK inflation remains sticky and the prospect of interest rate cuts is moving further away, businesses in Scotland once again saw both advanced and early signs of financial distress rise in the first quarter of 2024 compared with Q1 2023, according to Begbies Traynor.

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AAB introduces ESG division to navigate increasing regulatory compliance

Published 3 weeks ago

In response to evolving global ESG reporting regulations, AAB Group has introduced a dedicated ESG division.

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Scottish Building Society hits £490m savings milestone

Published 3 weeks ago

Scottish Building Society, the world’s oldest remaining mutual, has posted its highest ever savings balance recorded in its 175-year history.

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Scotland draws thousands more taxpayers than it loses

Published 3 weeks ago

Thousands more taxpayers moved to Scotland than left each year in the period after Scottish Income Tax was brought in, new HMRC research has found.

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Big Four firm expands hiring of former inmates

Published 3 weeks ago

A Big Four accounting firm has announced plans to expand its hiring of ex-offenders following a successful two-year trial period.

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Scottish corporate insolvencies drop 13.0% year-on-year

Published 3 weeks ago

Scottish corporate insolvencies have decreased from 346 in Q4 2022-23 to 301 in Q4 2023-24, according to the latest insolvency data statistics from Accountant in Bankruptcy (AiB).

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Ashton McGill eyes £1m revenue as turnover growth surges 41%

Published 3 weeks ago

Dundee-based accountancy firm Ashton McGill, which is founded by father and son Alasdair and Andrew McGill, is pleased to announce business growth which resulted in a 41% increase in annual turnover for 2023.

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