ScottishNews.com

Finance

Loch Lomond & The Trossachs National Park Authority hosts green finance event on nature restoration opportunities

Published 3 weeks ago

This Thursday, the National Park Authority will bring together experts, local communities and landowners at its Balloch HQ to explore how Scotland can potentially harness green finance to deliver the large-scale environmental restoration critical to reversing biodiversity decline by 2030 and achieving net zero by 2045.

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Interactive Investor boosts abrdn as asset manager sees relief rally

Published 3 weeks ago

Abrdn shares jumped over 4% today after reporting improved inflows, offering a glimmer of hope for the challenged asset manager.

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Fraser of Allander: Economic conditions weak at the start of 2025 as governments hunt for growth

Published 3 weeks ago

Economic and business conditions and expectations were weak at the end of 2024, leading to challenges to finding the pathway to growth in 2025, according to the Fraser of Allander Institute.

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PwC: CEOs rank UK second for global investment

Published 3 weeks ago

The UK has come ahead of Germany, China, and India to become the second most attractive country for global investment, trailing only the US, according to PwC’s annual UK CEO survey.

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Little year-on-year change as Scottish insolvencies remain steady during 2024

Published 3 weeks ago

Insolvency levels in Scotland remained broadly stable in 2024 compared to the previous year, with 1,236 cases recorded, virtually unchanged from 1,234 in 2023.

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Zumo: Majority of crypto firms unready for MiCA’s environmental demands

Published 3 weeks ago

A new report by Edinburgh-based digital assets platform Zumo has revealed a significant knowledge gap amongst crypto-asset service providers (CASPs) regarding the European Union’s incoming Markets in Crypto-Assets (MiCA) regulation, specifically its sustainability requirements.

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Macdonald Henderson advises Verum Wealth on sale to Foster Denovo

Published 3 weeks ago

Macdonald Henderson has advised Glasgow-based financial advice firm Verum Wealth on its sale to UK national firm Foster Denovo.

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Edinburgh’s Smart Data Foundry receives £3m funding for financial data service

Published 3 weeks ago

Smart Data Foundry (SDF) has been awarded £3 million funding to operate a new financial data service, enabling more researchers to study the financial health of millions of households across the UK, by providing secure access to financial behaviours, economic resilience, and regional economic activity.

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Azets: More costs for employers as real-time benefit reporting looms

Published 3 weeks ago

A Scottish business tax adviser has warned that hundreds of thousands of Scottish businesses are unprepared for new real-time payroll reporting rules set to take effect in April 2026.

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KPMG faces new FRC investigation over audit of Ladbrokes-owner Entain

Published 3 weeks ago

The Financial Reporting Council (FRC) has launched a probe into KPMG’s audit of gambling giant Entain’s 2022 accounts.

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Bank of Scotland-owner to close Dunfermline office as it plans over 1,000 layoffs

Published 3 weeks ago

Lloyds Banking Group, owner of Bank of Scotland and the UK’s largest retail lender, is set to axe hundreds of jobs, as part of a major restructuring effort.

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EQ Accountants sees record number of graduate and trainee applications

Published 3 weeks ago

EQ Accountants has welcomed a record 14 new graduates and trainees in 2024, after receiving over 150 applications – more than six times the usual number.

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RSE sees profits soar to £19.9m as revenues rise 30%

Published 1 month ago

Highlands-based water treatment solutions provider RSE has reported a strong financial performance for the year ending 31 March 2024.

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Grant Thornton: Businesses’ profit growth to stall following rising employment costs

Published 1 month ago

Following the increases announced in the Autumn Budget to employer National Insurance Contributions and National Minimum Wage, UK businesses’ profit growth expectations remain low and many are looking to review employee costs across the board including implementing hiring freezes, according to Grant Thornton UK.

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Audit Scotland: Scottish councils should tighten controls after £1.1m Aberdeen fraud case

Published 1 month ago

All Scottish councils must learn from the weaknesses that allowed an Aberdeen City Council employee’s £1.1 million fraud go undetected over 17 years, the Accounts Commission has urged.

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