ScottishNews.com

Finance

Start-up boom as over 40,000 new businesses launched in Scotland in 2023

Published 1 year ago

Scotland is experiencing a start-up boom, with over 40,000 new businesses setting up shop last year – an increase of 12% on the number of new companies incorporated in 2022.

Read on www.scottishfinancialnews.com →

Nucleus boosts AUA to £90 billion with Third Financial deal

Published 1 year ago

Nucleus Financial Platforms has acquired investment platform and wealth management software provider Third Financial.

Read on www.scottishfinancialnews.com →

EY: Q4 brings surge in profit warnings from Scotland’s listed companies

Published 1 year ago

Scotland’s listed companies experienced a notable increase in profit warnings during Q4 2023, surpassing the combined warnings of the entire preceding year, as revealed by EY-Parthenon’s latest Profit Warnings report.

Read on www.scottishfinancialnews.com →

Tesco Bank exits retail banking with £600 million sale to Barclays

Published 1 year ago

Barclays UK has sealed a deal to acquire Edinburgh-headquartered Tesco Bank’s retail banking business for an initial £600 million.

Read on www.scottishfinancialnews.com →

RBS: Scottish private sector activity rises for first time in six months

Published 1 year ago

The latest Royal Bank of Scotland Purchasing Managers’ Index (PMI) has reported positive signs for the Scottish private sector, indicating a rebound in business activity at the beginning of the year.

Read on www.scottishfinancialnews.com →

Scottish innovator Cube Glass achieves record revenues topping £4.5m

Published 1 year ago

Scottish glass and aluminium specialist Cube Glass has boosted its revenues by well in excess of £1 million as well as developing lucrative new international partnerships.

Read on www.scottishfinancialnews.com →

RBS: Economic uncertainty sparks hiring hesitation in 2024

Published 1 year ago

The start of 2024 has experienced a drop in recruitment activity across Scotland, as signalled by the latest Royal Bank of Scotland Report on Jobs survey.

Read on www.scottishfinancialnews.com →

Begbies Traynor takes the wheel as AAD Transport enters administration

Published 1 year ago

Ken Pattullo and Kenny Craig, of Begbies Traynor, have taken over the administration of Kirriemuir-based haulage firm AAD Transport Ltd.

Read on www.scottishfinancialnews.com →

Fraser of Allander Institute forecasts modest growth for Scotland in 2024

Published 1 year ago

The Scottish economy is poised for a turnaround in 2024 after experiencing limited growth in 2023, as reported by the Fraser of Allander Institute at the University of Strathclyde.

Read on www.scottishfinancialnews.com →

Caithness mortgage adviser achieves full qualification status

Published 1 year ago

Louise Cormack, a member of the team at the Wick office of Phil Anderson Financial Services in Caithness, has successfully passed her final exam and is now a fully qualified mortgage adviser.

Read on www.scottishfinancialnews.com →

Scots households can expect finances to improve but business activity continues to contract

Published 1 year ago

Scotland’s economy is set to gain momentum this year with the prospect of interest rate cuts from May onwards, a continuing fall in inflation, and decreasing energy prices.

Read on www.scottishfinancialnews.com →

MHA strengthens Scottish presence with Geoghegans merger in Edinburgh

Published 1 year ago

Accountancy group MHA has solidified its presence in Scotland with the merger of Geoghegans, a prominent Edinburgh-based accountancy firm.

Read on www.scottishfinancialnews.com →

Greenock bathroom retailer ceases trading after two decades

Published 1 year ago

Greenock-based bathroom supplies business Ware With All has succumbed to financial woes, resulting in nine job losses.

Read on www.scottishfinancialnews.com →

Slow start for 2024 as Scottish retail sales are stunted by storms

Published 1 year ago

Scottish retail sales were stunted in the first four weeks of 2024, according to the latest Scottish Retail Consortium (SCR) and KPMG Scottish Retail Sales Monitor.

Read on www.scottishfinancialnews.com →

Scottish drone business flies high with support from Business Gateway

Published 1 year ago

A family-run business based in Lanarkshire has successfully expanded its services to offer the latest drone technology across the UK after its owners accessed support from Business Gateway.

Read on www.scottishfinancialnews.com →