ScottishNews.com

Finance

UK equities see investor rebound amid global uncertainty

Published 3 months ago

Global investors have significantly increased their allocation to UK stocks, reaching the highest level since June 2021, according to Bank of America’s (BofA) latest Global Fund Manager Survey.

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Beeks Financial Cloud’s revenues surge amid Kraken deal

Published 3 months ago

Beeks Financial Cloud Group has announced a 22% increase in revenue, rising from £12.96 million to £15.79m for the six months ending 31 December 2024.

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Companies House launches registration of authorised corporate service providers

Published 3 months ago

Companies House has taken a step towards greater certainty about who is filing information on behalf of companies. 

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Citizens Advice Scotland project to help people with council tax debt

Published 3 months ago

People struggling with council tax arrears will have access to “enhanced advice” through the expansion of a Citizens Advice Scotland project.

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Capital Credit Union’s loanbook and membership intake hits new record

Published 3 months ago

Capital Credit Union (CCU) has recorded its highest-ever monthly intake of new members in its 35-year history, thanks to formal partnerships with Scotland’s sporting community and the greener energy supply chain.

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Cash ISA reforms delayed until after Spring Budget

Published 3 months ago

Plans to overhaul cash Individual Savings Accounts (ISAs) will not be announced in the upcoming Spring Statement, despite ongoing UK government consideration of reducing the annual contribution limit.

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Aveni.ai and Octopus Money partner to enhance financial advice with AI

Published 3 months ago

Edinburgh-headquartered Aveni.ai, a specialist in AI for financial services, has agreed a new partnership with Octopus Money.

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FCA backtracks on ‘name and shame’ investigation policy

Published 3 months ago

The Financial Conduct Authority (FCA) has abandoned its controversial proposals to publicly announce investigations into regulated firms, following significant backlash.

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Triple lock and youth worklessness reverse income tax trends

Published 3 months ago

Official figures have revealed a significant shift in income tax contributions, with more UK adults over 70 paying tax than those under 30, according to official government figures.

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Scottish schoolgirls crowned champions in Future Asset investment challenge

Published 3 months ago

Future Asset has announced the winners of its Growing Future Assets Investment Competition, an initiative designed to encourage more young women to pursue careers in investment management.

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The Cumberland extends ‘kinder banking’ to professional services

Published 3 months ago

The Cumberland Building Society has broadened its commercial offering to include professional services.

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KPMG aims to more than halve global units in major restructuring

Published 3 months ago

KPMG executives are pushing for significant consolidation among its national partnerships, seeking to drastically reduce the Big Four firm’s “economic units” from over 100 to just 32 by next year.

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Scottish private firms see mild contraction as job losses rise

Published 3 months ago

Scotland’s private sector output experienced a third consecutive monthly decline in February, according to the Royal Bank of Scotland’s Scotland Growth Tracker.

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Scottish retrofit firm sees turnover triple

Published 3 months ago

Ayrshire-based Green Home Systems has reported a 208% increase in turnover, rising from £6 million to £17m for the year ending 30 June 2024.

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Revolut and Visa launch legal fight against UK payment fee cap

Published 3 months ago

Revolut and Visa have launched legal challenges against the UK’s Payment Systems Regulator (PSR), disputing its proposed cap on international digital transaction fees.

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