ScottishNews.com

Finance

SFE survey reveals tax disparity toll on Scotland’s financial sector

Published 1 month ago

Increasing tax disparity with the rest of the UK is a predominant worry among senior leaders in Scotland’s financial sector is the increasing tax disparity with the rest of the UK, according to Scottish Financial Enterprise (SFE).

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KPMG: Uptake of generative AI grows amongst Scottish financial chiefs

Published 1 month ago

Nearly a third (29%) of senior leaders in the financial services sector in Scotland use generative AI at least once a day at work, according to new research from KPMG UK.

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ICAS welcomes record number of Chartered Accountants

Published 1 month ago

The Institute of Chartered Accountants of Scotland (ICAS) has marked a record year with the highest number of annual admissions in its 170-year history.

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Azets director David Meldrum secures insolvency licence

Published 1 month ago

David Meldrum, director within Azets’ Scottish restructuring and insolvency team, has recently obtained his insolvency licence from ICAS, becoming the firm’s third practitioner to be licensed in Scotland.

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Borders accountancy firms unite to become JRW Hogg & Thorburn

Published 1 month ago

In a significant expansion, two Borders accountancy firms, Hogg & Thorburn and JRW, have formally merged.

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UK GDP records modest 0.1% rise in February

Published 1 month ago

The UK’s gross domestic product (GDP) rose by 0.1% in February, with the manufacturing and services sectors posting higher output, offsetting a significant decline in construction activity.

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SRC & KPMG: Early Easter boosts Scottish retail sales by 2.8%

Published 1 month ago

Retail sales in Scotland have seen a 2.8% increase in the five weeks to 30 March 2024, buoyed by the early arrival of Easter.

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Canaccord Genuity expands wealth management in Scotland with Intelligent Capital deal

Published 1 month ago

Glasgow-based Intelligent Capital has been acquired through Canaccord Genuity Group’s wealth management business in the UK.

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EQ Accountants increases headcount to 210 through Douglas Home & Co merger

Published 1 month ago

EQ Accountants has announced its merger with Douglas Home & Co.

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abrdn CIO decries ‘corporate bullying’ over rebrand

Published 1 month ago

Investment manager abrdn has again defended its rebrand, after the company’s chief investment officer (CIO) claimed negative press coverage amounted to “corporate bullying”.

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CBI: Financial firms see robust rebound after weak Q4

Published 1 month ago

Financial services business volumes have grown at a fast pace in the Q1 of 2024 after having fallen in Q4 of 2023, according to the latest CBI Financial Services Survey.

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Consilium guides EDC Group’s transition to employee ownership

Published 1 month ago

Consilium Chartered Accountants has advised EDC Group on the successful transition to an employee ownership trust (EOT).

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Hampden & Co experiences 19% rise in new clients

Published 1 month ago

Edinburgh-based private bank Hampden & Co has experienced a nearly 20% increase in new client numbers during the financial year 2023, reaching a record high of 5,598.

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UK CFOs regain optimism as uncertainty declines

Published 1 month ago

There has been a rise in optimism among CFOs of the UK’s largest businesses, according to Deloitte’s latest CFO survey.

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AAB nominated for prestigious tax industry accolade

Published 1 month ago

AAB has been shortlisted for the Best Private Client Tax Practice award, in the coveted UK-wide Tolley’s Taxation Awards 2024.

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