ScottishNews.com

Finance

James Hallam launches Edinburgh office with three new client directors

Published 4 months ago

Insurance broker James Hallam has bolstering its Scottish operations with the opening of a new office in Edinburgh and appointment of Jamie Johnstone as client director and head of office to lead the new venture.

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RSM: Challenging outlook for Scottish hotels as occupancy and rates fall

Published 4 months ago

Occupancy and room rates dipped slightly for Scotland’s hotel sector in March, with further headwinds expected amidst the increase to employers’ National Insurance contributions from April, according to the RSM Hotels Tracker.

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From ‘Betty’ to big data – how AI is reshaping Scotland’s accountancy landscape

Published 4 months ago

As artificial intelligence (AI) rapidly moves from a futuristic concept to a practical tool within the accountancy profession, firms across Scotland are grappling with its potential, integrating AI to enhance efficiency while navigating the risks and ethical considerations.

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Just Transition Fund reopens for applications

Published 4 months ago

Communities across the North East and Moray will benefit from over £8 million of funding to create jobs in low carbon industries and enhance green and net zero skills.

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Taxpayers’ stake in bailed-out RBS drops below 3%

Published 4 months ago

The UK government’s shareholding in NatWest Group has fallen below 3%, marking a significant milestone in returning the bank to full private ownership following its £46 billion bailout during the 2008 financial crisis.

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PDG Aviation Services acquires drone specialist Team UAV

Published 4 months ago

PDG Aviation Services (PDG), an Inverness-headquartered provider of manned aerial solutions for critical infrastructure, has acquired drone specialist Team UAV.

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March inflation drop fuels May rate cut hopes

Published 4 months ago

UK inflation fell to 2.6% in March, dropping from 2.8% in February and below City forecasts of 2.7%, intensifying pressure on the Bank of England to consider cutting interest rates at its meeting next month.

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Employee-owned Scott and Fyfe credits team for strong results

Published 4 months ago

Fife-based employee-owned Scott and Fyfe has reported another year of robust financial results, demonstrating resilience despite ongoing geopolitical tensions and increased operational costs.

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Michael Reid appointed liquidator for Aberdeen’s Belmar Engineering

Published 4 months ago

MHA’s Michael Reid has been appointed liquidator for Aberdeen-based Belmar Engineering as the firm ceased trading, resulting in the immediate loss of all 48 jobs.

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Söderberg & Partners enters Scotland, backing Murphy Wealth

Published 4 months ago

Glasgow-based financial planning firm Murphy Wealth has secured a significant investment from European wealth management giant Söderberg & Partners, marking the latter’s first partnership in Scotland.

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

Published 5 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.

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

Published 5 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.

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AAB Wealth acquires Magus, taking assets to £1.8bn

Published 5 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.

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Edinburgh lender advances £15.5m for Fulham Town Hall project

Published 5 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.

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

Published 5 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.

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